Old Line Bancshares, Inc. operates as the bank holding company for Old Line Bank that provides banking products and services to small and medium size businesses, entrepreneurs, professionals, consumers, and high net worth clients.
Excellent balance sheet with solid track record and pays a dividend.
Share Price & News
How has Old Line Bancshares's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: OLBK has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: OLBK underperformed the US Banks industry which returned 21.7% over the past year.
Return vs Market: OLBK underperformed the US Market which returned 24.7% over the past year.
Price Volatility Vs. Market
How volatile is Old Line Bancshares's share price compared to the market and industry in the last 5 years?
Simply Wall St News
8 months ago | Simply Wall StOld Line Bancshares, Inc. (NASDAQ:OLBK) Has Got What It Takes To Be An Attractive Dividend Stock
8 months ago | Simply Wall StOld Line Bancshares, Inc. (NASDAQ:OLBK): Can Growth Justify Its July Share Price?
9 months ago | Simply Wall StDespite Its High P/E Ratio, Is Old Line Bancshares, Inc. (NASDAQ:OLBK) Still Undervalued?
Is Old Line Bancshares 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: OLBK ($28.83) is trading above our estimate of fair value ($15.98)
Significantly Below Fair Value: OLBK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: OLBK is poor value based on its PE Ratio (13.3x) compared to the Banks industry average (12.8x).
PE vs Market: OLBK is good value based on its PE Ratio (13.3x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate OLBK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: OLBK is overvalued based on its PB Ratio (1.2x) compared to the US Banks industry average (1.2x).
How is Old Line Bancshares forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted Banks industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if OLBK's forecast earnings growth is above the savings rate (2.7%).
Earnings vs Market: Insufficient data to determine if OLBK's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if OLBK's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if OLBK's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if OLBK's Return on Equity is forecast to be high in 3 years time
How has Old Line Bancshares performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OLBK has high quality earnings.
Growing Profit Margin: OLBK's current net profit margins (34.3%) are higher than last year (25.1%).
Past Earnings Growth Analysis
Earnings Trend: OLBK's earnings have grown significantly by 31.3% per year over the past 5 years.
Accelerating Growth: OLBK's earnings growth over the past year (60.4%) exceeds its 5-year average (31.3% per year).
Earnings vs Industry: OLBK earnings growth over the past year (60.4%) exceeded the Banks industry 27.1%.
Return on Equity
High ROE: OLBK's Return on Equity (9.3%) is considered low.
How is Old Line Bancshares's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: OLBK has a low level of unsold assets or inventory.
Debt Coverage by Assets: OLBK's debt is not covered by short term assets (assets are 0.3x debt).
Financial Institutions Analysis
Asset Level: OLBK's level of assets compared to its equity is low.
Allowance for Bad Loans: OLBK has a low allowance for bad loans.
Low Risk Liabilities: OLBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: OLBK has an acceptable proportion of non-loan assets held.
Low Risk Deposits: OLBK's loans are broadly funded by customer deposits.
Level of Bad Loans: OLBK has an appropriate level of bad loans (0.34%)
What is Old Line Bancshares's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OLBK's dividend (1.66%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: OLBK's dividend (1.66%) is low compared to the top 25% of dividend payers in the US market (3.66%).
Stability and Growth of Payments
Stable Dividend: OLBK's dividends per share have been stable in the past 10 years.
Growing Dividend: OLBK's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21.3%), OLBK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Old Line Bancshares has no CEO, or we have no data on them.
|Executive VP & CFO||5.58yrs||US$395.10k||0.042% $204.3k|
|Executive VP||6.5yrs||US$634.07k||0.12% $576.8k|
|Executive VP & Chief Lending Officer||no data||US$500.01k||0.15% $743.6k|
|Executive Vice President of Commercial Lending||12.5yrs||no data||no data|
Experienced Management: OLBK's management team is seasoned and experienced (6.5 years average tenure).
|Independent Director||16.58yrs||US$59.40k||0.32% $1.6m|
|Independent Director||16.58yrs||US$65.90k||0.35% $1.7m|
|Chairman of the Board||16.58yrs||US$93.60k||1.29% $6.3m|
|Independent Director||7.17yrs||US$63.60k||0.20% $974.1k|
|Independent Director||6yrs||US$60.10k||0.20% $1.0m|
|Independent Director||13.83yrs||US$61.40k||0.30% $1.5m|
|Independent Director||12.83yrs||US$68.70k||0.47% $2.3m|
|Independent Director||9.33yrs||US$59.20k||0.34% $1.7m|
|Independent Director||2.33yrs||US$60.50k||0.18% $878.6k|
|Independent Director||2.33yrs||US$65.20k||0.092% $449.7k|
Experienced Board: OLBK's board of directors are seasoned and experienced ( 11.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: OLBK insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.7%.
Old Line Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Old Line Bancshares, Inc.
- Ticker: OLBK
- Exchange: NasdaqCM
- Founded: 1989
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$490.267m
- Shares outstanding: 17.01m
- Website: https://www.oldlinebank.com
Number of Employees
- Old Line Bancshares, Inc.
- 1525 Pointer Ridge Place
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|OLBK||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Mar 1997|
Old Line Bancshares, Inc. operates as the bank holding company for Old Line Bank that provides banking products and services to small and medium size businesses, entrepreneurs, professionals, consumers, and high net worth clients. The company accepts a range of deposit products, including demand, NOW, money market, and savings accounts, as well as certificates of deposit. It also offers commercial and industrial loans, such as lines of credit, revolving credit facilities, accounts receivable financing, term loans, equipment loans, small business administration loans, standby letters of credit, and unsecured loans; commercial real estate loans; funds for the construction of single family residences, financing to builders for the construction of pre-sold homes, and loans for multi-family housing, as well as home equity and home improvement loans; land acquisition and development loans; and consumer installment loans. In addition, the company provides safe deposit boxes, wire transfer services, automated teller machine services, and Internet and mobile banking services; debit, prepaid, and credit cards; commercial account services comprising direct deposit of payroll, overnight sweep, lockbox, and remote deposit capture; and investment services consisting of investment management, estate and succession planning, and brokerage services. As of December 31, 2018, it operated a total of 37 branches and 9 loan production offices in suburban Maryland counties of Anne Arundel, Calvert, Charles, Frederick, Harford, Howard, Prince George’s, Montgomery, and St. Mary’s; and Baltimore and Carroll. Old Line Bancshares, Inc. was founded in 1989 and is headquartered in Bowie, Maryland. As of November 22, 2019, Old Line Bancshares, Inc. operates as a subsidiary of WesBanco, Inc.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/11/25 23:39|
|End of Day Share Price||2019/11/22 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.