HBMD Stock Overview
Howard Bancorp, Inc. operates as the bank holding company for Howard Bank that provides commercial banking, mortgage banking, and consumer finance products and services to businesses, business owners, professionals, and other consumers.
Howard Bancorp Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$21.51|
|52 Week High||US$22.62|
|52 Week Low||US$11.33|
|1 Month Change||-2.32%|
|3 Month Change||10.88%|
|1 Year Change||78.51%|
|3 Year Change||53.86%|
|5 Year Change||50.42%|
|Change since IPO||79.25%|
Recent News & Updates
|HBMD||US Banks||US Market|
Return vs Industry: HBMD exceeded the US Banks industry which returned 35.5% over the past year.
Return vs Market: HBMD exceeded the US Market which returned 16.5% over the past year.
|HBMD Average Weekly Movement||4.2%|
|Banks Industry Average Movement||3.8%|
|Market Average Movement||6.2%|
|10% most volatile stocks in US Market||14.8%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: HBMD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: HBMD's weekly volatility (4%) has been stable over the past year.
About the Company
Howard Bancorp, Inc. operates as the bank holding company for Howard Bank that provides commercial banking, mortgage banking, and consumer finance products and services to businesses, business owners, professionals, and other consumers. The company offers various consumer and business deposit products, including demand, money market, savings, individual retirement, and commercial and retail checking accounts, as well as certificates of deposit. It also provides commercial loans, such as lines of credit, revolving credit facilities, accounts receivable and inventory financing, term loans, equipment loans, small business administration loans, stand-by letters of credit, and unsecured loans, as well as equipment lease services; commercial mortgage loans for owner occupied and investment properties; construction loans; residential mortgage loans; and secured and unsecured consumer loans.
Howard Bancorp Fundamentals Summary
|HBMD fundamental statistics|
Is HBMD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HBMD income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.30|
|Net Profit Margin||28.69%|
How did HBMD perform over the long term?See historical performance and comparison
Is Howard Bancorp undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HBMD ($21.51) is trading above our estimate of fair value ($0.27)
Significantly Below Fair Value: HBMD is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HBMD is poor value based on its PE Ratio (16.5x) compared to the US Banks industry average (10.6x).
PE vs Market: HBMD is good value based on its PE Ratio (16.5x) compared to the US market (16.8x).
Price to Earnings Growth Ratio
PEG Ratio: HBMD's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: HBMD is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.1x).
How is Howard Bancorp forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HBMD's earnings are forecast to decline over the next 3 years (-10.1% per year).
Earnings vs Market: HBMD's earnings are forecast to decline over the next 3 years (-10.1% per year).
High Growth Earnings: HBMD's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HBMD's revenue (0.8% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: HBMD's revenue (0.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HBMD's Return on Equity is forecast to be low in 3 years time (6.2%).
How has Howard Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HBMD has high quality earnings.
Growing Profit Margin: HBMD became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: HBMD's earnings have declined by 2.1% per year over the past 5 years.
Accelerating Growth: HBMD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: HBMD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (43.1%).
Return on Equity
High ROE: HBMD's Return on Equity (7.9%) is considered low.
How is Howard Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: HBMD's Assets to Equity ratio (8.2x) is low.
Allowance for Bad Loans: HBMD has a sufficient allowance for bad loans (115%).
Low Risk Liabilities: 87% of HBMD's liabilities are made up of primarily low risk sources of funding.
Loan Level: HBMD has an appropriate level of Loans to Assets ratio (75%).
Low Risk Deposits: HBMD's Loans to Deposits ratio (97%) is appropriate.
Level of Bad Loans: HBMD has an appropriate level of bad loans (0.8%).
What is Howard Bancorp current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HBMD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HBMD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HBMD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HBMD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HBMD's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mary Scully (70 yo)
Ms. Mary Ann Scully is the Chief Executive Officer of Howard Bank and is Chairperson of its Board of Directors. A lifelong banker with more than 40 years of varied executive experiences in the Maryland mar...
CEO Compensation Analysis
Compensation vs Market: Mary's total compensation ($USD697.68K) is below average for companies of similar size in the US market ($USD1.75M).
Compensation vs Earnings: Mary's compensation has been consistent with company performance over the past year.
Experienced Management: HBMD's management team is considered experienced (3.9 years average tenure).
Experienced Board: HBMD's board of directors are considered experienced (6.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Howard Bancorp, Inc.'s employee growth, exchange listings and data sources
- Name: Howard Bancorp, Inc.
- Ticker: HBMD
- Exchange: NasdaqCM
- Founded: 2004
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$404.672m
- Shares outstanding: 18.81m
- Website: https://www.howardbank.com
Number of Employees
- Howard Bancorp, Inc.
- 3301 Boston Street
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/07 00:30|
|End of Day Share Price||2021/12/06 00:00|
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.