NasdaqCM:GLBZ

Stock Analysis Report

Executive Summary

Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations.

Snowflake

Fundamentals

Excellent balance sheet with limited growth.

Risks

  • Glen Burnie Bancorp is not covered by any analysts.

Similar Companies

Share Price & News

How has Glen Burnie Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.01%

NasdaqCM:GLBZ

-2.6%

US Banks

-1.0%

US Market


1 Year Return

-18.8%

NasdaqCM:GLBZ

-14.2%

US Banks

-0.4%

US Market

GLBZ underperformed the Banks industry which returned -16.1% over the past year.

GLBZ underperformed the Market in United States of America which returned -1.7% over the past year.


Share holder returns

GLBZIndustryMarket
7 Day0.01%-2.6%-1.0%
30 Day-2.8%-5.5%-3.3%
90 Day0.6%-3.5%0.4%
1 Year-15.8%-18.8%-11.8%-14.2%1.8%-0.4%
3 Year8.9%-2.2%42.2%32.4%39.4%30.4%
5 Year-2.5%-17.9%53.3%36.7%54.2%37.1%

Price Volatility Vs. Market

How volatile is Glen Burnie Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Glen Burnie Bancorp undervalued based on future cash flows and its price relative to the stock market?

22.69x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Glen Burnie Bancorp's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Glen Burnie Bancorp's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Glen Burnie Bancorp is overvalued based on earnings compared to the US Banks industry average.

Glen Burnie Bancorp is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Glen Burnie Bancorp, we can't assess if its growth is good value.


Price Based on Value of Assets

Glen Burnie Bancorp is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Glen Burnie Bancorp expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Glen Burnie Bancorp is high growth as no revenue estimate data is available.

Glen Burnie Bancorp's earnings are expected to grow by 18.6% yearly, however this is not considered high growth (20% yearly).

Unable to compare Glen Burnie Bancorp's revenue growth to the United States of America market average as no estimate data is available.

Glen Burnie Bancorp's earnings growth is expected to exceed the United States of America market average.

Glen Burnie Bancorp's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Glen Burnie Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Glen Burnie Bancorp performed over the past 5 years?

-12.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Glen Burnie Bancorp's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Glen Burnie Bancorp's 1-year earnings growth exceeds its 5-year average (31.7% vs -12.2%)

Glen Burnie Bancorp's earnings growth has not exceeded the US Banks industry average in the past year (31.7% vs 33.2%).


Return on Equity

Glen Burnie Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Glen Burnie Bancorp used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Glen Burnie Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Glen Burnie Bancorp's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Glen Burnie Bancorp has an acceptable proportion of non-loan assets held.

Glen Burnie Bancorp has a low allowance for bad loans.

Glen Burnie Bancorp's liabilities are made up of primarily low risk sources of funding.

Glen Burnie Bancorp's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at Glen Burnie Bancorp are broadly funded by customer deposits.

Glen Burnie Bancorp has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Glen Burnie Bancorp's current dividend yield, its reliability and sustainability?

3.81%

Current Dividend Yield


Dividend Yield and Payments Analysis

Glen Burnie Bancorp's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.5%).

Glen Burnie Bancorp's dividend is below the markets top 25% of dividend payers in United States of America (3.9%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.2x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Glen Burnie Bancorp's salary, the management and board of directors tenure and is there insider trading?

3.3yrs

Average management tenure


CEO

John Long (63yo)

3.3yrs

Tenure

US$343,017

Compensation

Mr. John D. Long has been the Chief Executive Officer, President and Director of Glen Burnie Bancorp and The Bank of Glen Burnie since April 01, 2016. Mr. Long served as an Interim Chief Financial Officer  ...


CEO Compensation Analysis

John's remuneration is about average for companies of similar size in United States of America.

John's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.3yrs

Average Tenure

59yo

Average Age

The tenure for the Glen Burnie Bancorp management team is about average.


Board Age and Tenure

10.8yrs

Average Tenure

64yo

Average Age

The average tenure for the Glen Burnie Bancorp board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$1,27528 Nov 18
Stanford Hess
EntityIndividual
Role
Member of the Board of Directors
Shares100
Max PriceUS$12.75
BuyUS$23,50429 Oct 18
John Long
EntityIndividual
Role
President
Member of the Board of Directors
Shares1,849
Max PriceUS$12.71
BuyUS$1,83329 Oct 18
John Long
EntityIndividual
Role
President
Member of the Board of Directors
Shares151
Max PriceUS$12.14

Ownership Breakdown


Management Team

  • Frederick Kuethe (59yo)

    VP & Director

    • Compensation: $26.60k
  • Jeff Harris (63yo)

    Senior VP

    • Tenure: 2.4yrs
    • Compensation: $209.57k
  • Michelle Stambaugh (59yo)

    Senior VP

    • Compensation: $176.35k
  • Andy Hines (57yo)

    Chief Lending Officer and SVP

    • Compensation: $169.30k
  • John Long (63yo)

    President

    • Tenure: 3.3yrs
    • Compensation: $343.02k
  • Donna Smith (56yo)

    Senior VP and Director of Branch & Deposit Operations

    • Tenure: 3.8yrs
    • Compensation: $188.05k

Board Members

  • Lou Wilcox (71yo)

    Director

    • Tenure: 22.6yrs
    • Compensation: $18.80k
  • John Long (63yo)

    President

    • Tenure: 3.3yrs
    • Compensation: $343.02k
  • Derick Lynch (65yo)

    Director

    • Tenure: 16.6yrs
    • Compensation: $19.40k
  • Joan Rumenap (61yo)

    Director

    • Tenure: 1.0yrs
    • Compensation: $5.00k
  • Andrew Cooch (63yo)

    Director

    • Tenure: 4.9yrs
    • Compensation: $23.00k
  • Thomas Clocker (84yo)

    Director

    • Tenure: 24.6yrs
    • Compensation: $24.95k
  • Julie Mussog (44yo)

    Director

    • Tenure: 0.3yrs
  • Frederick Kuethe (59yo)

    VP & Director

    • Tenure: 27.6yrs
    • Compensation: $26.60k
  • Stanford Hess (76yo)

    Director

    • Tenure: 1.0yrs
    • Compensation: $7.60k
  • John Demyan (71yo)

    Chairman of the Board

    • Tenure: 24.6yrs
    • Compensation: $77.84k

Company Information

Glen Burnie Bancorp's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Glen Burnie Bancorp
  • Ticker: GLBZ
  • Exchange: NasdaqCM
  • Founded: 1949
  • Industry: regional banks
  • Sector: banks
  • Market Cap: US$29.689m
  • Shares outstanding: 2.82m
  • Website: Click here

Number of Employees


Location

  • Glen Burnie Bancorp
  • 101 Crain Highway, S.E.
  • Glen Burnie
  • Maryland
  • 21061
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GLBZNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDMay 1997

Biography

Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The c ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/16 23:37
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.