Glen Burnie Bancorp (GLBZ) AI Stock Analysis

• Market Cap: $11.89M
• Dividend Yield: 2.46%
• Average Volume (3M): 9.37K
• Price to Earnings (P/E): 383.0
• Beta (1Y): 0.16
• Revenue Growth: 8.99%
• EPS Growth: -94.06%
• Country: US
• Employees: 89
• Sector: Financial
• Sector Strength: 71
• Industry: Banks - Regional
• EPS (TTM): -0.07
• Shares Outstanding: 2,900,681
• 10 Day Avg. Volume: 6,178
• 30 Day Avg. Volume: 9,365
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 2.18
• Enterprise Value/Revenue: 1.60
• Enterprise Value/Gross Profit: 2.34
• Enterprise Value/Ebitda: -64.96
• 1Y Price Target: $4.00
• Price Target Upside: -2.44% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 50 Neutral
• Price Target: $4.00 ▼(-2.44% Downside)

Glen Burnie Bancorp faces profitability and cash flow challenges, indicated by low financial performance and technical analysis scores. The stock appears overvalued relative to its earnings, despite a high dividend yield. However, the strategic acquisition of VAWM is a positive development that could drive future growth.

Glen Burnie Bancorp Business Overview & Revenue Model

Company Description

Glen Burnie Bancorp (GLBZ) is a financial holding company based in Glen Burnie, Maryland, primarily engaged in providing a range of banking and financial services through its wholly-owned subsidiary, Glen Burnie Bank. The company operates in the banking sector, offering core products such as personal and commercial banking services, mortgage lending, and investment services to individual and business clients in its local market. With a focus on community-oriented banking, Glen Burnie Bancorp aims to meet the diverse financial needs of its customer base.

How the Company Makes Money

Glen Burnie Bancorp generates revenue primarily through traditional banking activities, including interest income from loans and mortgages, as well as fees from various banking services. The company's key revenue streams include interest earned on loans extended to customers, which is a significant portion of their income, along with service charges on deposit accounts and transaction fees. Additionally, the bank may earn income from investment securities and other financial products. Glen Burnie Bancorp also benefits from partnerships with local businesses and community organizations, enhancing its customer base and driving deposit growth, which further contributes to its overall earnings.

Glen Burnie Bancorp Financial Statement Overview

Summary

Glen Burnie Bancorp exhibits financial instability with declining profitability and inconsistent revenue growth. While the balance sheet remains relatively solid with low leverage, cash flow challenges and fluctuating net income raise concerns about long-term financial stability.

Income Statement

The company shows signs of declining revenue and profitability. The net profit margin has decreased over the years, and a net loss was reported in 2024. This indicates challenges in maintaining profitability, despite stable gross profit margins. Revenue growth has been inconsistent, with a noticeable decline from 2023 to 2024.

Balance Sheet

The balance sheet indicates a relatively stable equity position with a strong equity ratio. The company has managed to maintain a low debt-to-equity ratio, especially in 2024 with no reported debt. However, the return on equity has fluctuated, reflecting the variability in net income.

Cash Flow

Cash flow metrics reveal a mixed performance. While free cash flow was positive in earlier years, it turned negative or negligible in recent periods. The operating cash flow to net income ratio is volatile, affected by the declining net income, indicating challenges in converting profits into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	16.20M	16.04M	14.11M	13.80M	13.79M	14.31M
Gross Profit	11.05M	10.81M	12.81M	12.96M	13.69M	13.48M
EBITDA	-398.00K	-399.00K	1.73M	2.98M	4.09M	2.22M
Net Income	38.00K	-112.00K	1.43M	1.75M	2.52M	1.67M
Balance Sheet
Total Assets	357.97M	358.96M	351.81M	381.44M	442.07M	419.49M
Cash, Cash Equivalents and Short-Term Investments	130.30M	99.01M	141.47M	174.22M	218.11M	151.14M
Total Debt	20.00M	30.00M	30.00M	0.00	20.00M	29.91M
Total Liabilities	338.79M	341.14M	332.49M	365.38M	406.35M	382.39M
Stockholders Equity	19.18M	17.82M	19.32M	16.05M	35.72M	37.09M
Cash Flow
Free Cash Flow	-254.00K	-53.00K	1.25M	1.97M	3.37M	1.03M
Operating Cash Flow	-502.00K	28.00K	1.40M	2.23M	3.66M	1.60M
Investing Cash Flow	-5.96M	847.00K	17.66M	7.01M	-1.27M	-9.89M
Financing Cash Flow	-12.49M	8.35M	-33.91M	-41.33M	22.71M	32.09M

Glen Burnie Bancorp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GLBZ, the sentiment is Negative. The current price of 4.1 is below the 20-day moving average (MA) of 4.61, below the 50-day MA of 4.87, and below the 200-day MA of 5.23, indicating a bearish trend. The MACD of -0.30 indicates Positive momentum. The RSI at 32.85 is Neutral, neither overbought nor oversold. The STOCH value of 8.97 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GLBZ.

Glen Burnie Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HFBL	69 Neutral	$40.58M	10.31	7.20%	4.04%	-2.93%	7.89%
Sector *	68 Neutral	$17.46B	11.65	10.44%	3.86%	10.36%	1.15%
KFFB	52 Neutral	$25.67M	―	-2.21%	3.03%	22.56%	-78.84%
GLBZ	50 Neutral	$11.89M	382.99	0.17%	2.46%	8.99%	-94.06%

Glen Burnie Bancorp Corporate Events

Glen Burnie Bancorp Signs Agreement to Acquire VAWM

On March 5, 2025, The Bank of Glen Burnie, a subsidiary of Glen Burnie Bancorp, entered into a Stock Purchase Agreement with Eric Tan for the acquisition of VA Wholesale Mortgage Incorporated (VAWM) for $750,000. The deal, expected to close in August 2025, includes additional earnings and loan volume incentives for the seller, who will remain as president of VAWM, ensuring continuity in management and operations.

Glen Burnie Bancorp CFO Retirement Announced

Glen Burnie Bancorp announced that its Chief Financial Officer, Jeffrey D. Harris, will retire on June 30, 2025, prompting the company to begin searching for a replacement. In the interim, Mark C. Hanna, who is currently the President and CEO, will assume the roles of interim Treasurer and interim Principal Accounting Officer starting July 1, 2025. The company has also engaged Artisan Advisors, LLC to provide support to its executive leadership and financial management team during this transition.

Glen Burnie Bancorp CFO Jeffrey D. Harris to Retire

On June 4, 2025, Glen Burnie Bancorp announced that Jeffrey D. Harris, who has served as the Treasurer and Chief Financial Officer since 2017, plans to retire on June 30, 2025. The company will begin the search for a new Chief Financial Officer, which may impact its financial leadership and strategic direction.