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Old Line Bancshares

Nasdaq:OLBK
Snowflake Description

Flawless balance sheet established dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OLBK
Nasdaq
$446M
Market Cap
  1. Home
  2. US
  3. Banks
Company description

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 last earnings update was 37 days ago. More info.


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OLBK Share Price and Events
7 Day Returns
-0.3%
NasdaqCM:OLBK
2.8%
US Banks
0.2%
US Market
1 Year Returns
-23.4%
NasdaqCM:OLBK
-4.3%
US Banks
6.3%
US Market
OLBK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Old Line Bancshares (OLBK) -0.3% -1.6% -10.2% -23.4% 38.2% 54.9%
US Banks 2.8% 0.9% 3.1% -4.3% 44.5% 48.6%
US Market 0.2% 2.1% 8.5% 6.3% 37.9% 45.7%
1 Year Return vs Industry and Market
  • OLBK underperformed the Banks industry which returned -4.3% over the past year.
  • OLBK underperformed the Market in United States of America which returned 6.3% over the past year.
Price Volatility
OLBK
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Old Line Bancshares undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Old Line Bancshares to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Old Line Bancshares.

NasdaqCM:OLBK Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 7 analysts.
= Stable Book Value * Return on Equity
= $24.85 * 10.6%
$2.64
Book Value of Equity per Share Weighted future Book Value estimates from 7 analysts. $24.85
Discount Rate (Cost of Equity) See below 8.4%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqCM:OLBK
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.63
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.631 (1 + (1- 21%) (59.74%))
0.952
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.95
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.952 * 5.96%)
8.4%

Discounted Cash Flow Calculation for NasdaqCM:OLBK using Excess Returns Model Model

The calculations below outline how an intrinsic value for Old Line Bancshares is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NasdaqCM:OLBK Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (10.6% – 8.4%) * $24.85)
$0.55
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $0.55 / (8.4% - 2.73%)
$9.66
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $24.85 + $9.66
$34.51
NasdaqCM:OLBK Discount to Share Price
Calculation Result
Value per share (USD) From above. $34.51
Current discount Discount to share price of $26.18
= -1 x ($26.18 - $34.51) / $34.51
24.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Old Line Bancshares is available for.
Intrinsic value
24%
Share price is $26.18 vs Future cash flow value of $34.51
Current Discount Checks
For Old Line Bancshares to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Old Line Bancshares's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Old Line Bancshares's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Old Line Bancshares's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Old Line Bancshares's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:OLBK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $1.73
NasdaqCM:OLBK Share Price ** NasdaqCM (2019-04-18) in USD $26.18
United States of America Banks Industry PE Ratio Median Figure of 587 Publicly-Listed Banks Companies 12.98x
United States of America Market PE Ratio Median Figure of 3,081 Publicly-Listed Companies 18.15x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Old Line Bancshares.

NasdaqCM:OLBK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:OLBK Share Price ÷ EPS (both in USD)

= 26.18 ÷ 1.73

15.11x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Old Line Bancshares is overvalued based on earnings compared to the US Banks industry average.
  • Old Line Bancshares is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Old Line Bancshares's expected growth come at a high price?
Raw Data
NasdaqCM:OLBK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.11x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
24.2%per year
United States of America Banks Industry PEG Ratio Median Figure of 262 Publicly-Listed Banks Companies 1.29x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

NasdaqCM:OLBK PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.11x ÷ 24.2%

0.63x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Old Line Bancshares is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Old Line Bancshares's assets?
Raw Data
NasdaqCM:OLBK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $21.77
NasdaqCM:OLBK Share Price * NasdaqCM (2019-04-18) in USD $26.18
United States of America Banks Industry PB Ratio Median Figure of 592 Publicly-Listed Banks Companies 1.23x
United States of America Market PB Ratio Median Figure of 5,178 Publicly-Listed Companies 1.91x
NasdaqCM:OLBK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:OLBK Share Price ÷ Book Value per Share (both in USD)

= 26.18 ÷ 21.77

1.2x

* Primary Listing of Old Line Bancshares.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Old Line Bancshares is good value based on assets compared to the US Banks industry average.
X
Value checks
We assess Old Line Bancshares's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Old Line Bancshares has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Old Line Bancshares expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
24.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Old Line Bancshares expected to grow at an attractive rate?
  • Old Line Bancshares's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Old Line Bancshares's earnings growth is expected to exceed the United States of America market average.
  • Old Line Bancshares's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:OLBK Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:OLBK Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts 24.2%
NasdaqCM:OLBK Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts 10.5%
United States of America Banks Industry Earnings Growth Rate Market Cap Weighted Average 3.9%
United States of America Banks Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:OLBK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:OLBK Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 124 46 5
2019-12-31 114 40 5
NasdaqCM:OLBK Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 100 24 27
2018-09-30 91 20 23
2018-06-30 82 12 17
2018-03-31 72 20 18
2017-12-31 69 24 16
2017-09-30 65 24 14
2017-06-30 62 22 16
2017-03-31 61 23 15
2016-12-31 60 20 13
2016-09-30 58 14 11
2016-06-30 56 19 10
2016-03-31 53 25 10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Old Line Bancshares's earnings are expected to grow significantly at over 20% yearly.
  • Old Line Bancshares's revenue is expected to grow by 10.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:OLBK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below

All data from Old Line Bancshares Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:OLBK Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 2.66 2.72 2.56 7.00
2019-12-31 2.34 2.37 2.32 7.00
NasdaqCM:OLBK Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 1.73
2018-09-30 1.57
2018-06-30 1.26
2018-03-31 1.51
2017-12-31 1.38
2017-09-30 1.29
2017-06-30 1.45
2017-03-31 1.38
2016-12-31 1.21
2016-09-30 1.00
2016-06-30 0.97
2016-03-31 0.93

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Old Line Bancshares is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Old Line Bancshares's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Old Line Bancshares has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Old Line Bancshares performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Old Line Bancshares's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Old Line Bancshares has delivered over 20% year on year earnings growth in the past 5 years.
  • Old Line Bancshares's 1-year earnings growth exceeds its 5-year average (70.5% vs 22.8%)
  • Old Line Bancshares's earnings growth has exceeded the US Banks industry average in the past year (70.5% vs 43.9%).
Earnings and Revenue History
Old Line Bancshares's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Old Line Bancshares Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:OLBK Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 100.23 27.22 40.61
2018-09-30 91.36 22.91 38.48
2018-06-30 82.46 16.81 35.55
2018-03-31 72.47 18.06 32.44
2017-12-31 68.96 15.96 31.30
2017-09-30 65.42 14.44 29.51
2017-06-30 62.10 15.82 28.94
2017-03-31 61.37 14.98 28.99
2016-12-31 59.61 13.16 29.90
2016-09-30 57.74 10.83 29.95
2016-06-30 55.90 10.40 29.10
2016-03-31 53.21 9.87 27.99
2015-12-31 52.12 10.47 26.46
2015-09-30 50.12 10.25 25.47
2015-06-30 47.72 8.88 25.58
2015-03-31 46.08 8.05 25.31
2014-12-31 44.83 7.13 26.87
2014-09-30 49.30 9.78 27.34
2014-06-30 50.69 10.24 27.39
2014-03-31 50.03 8.39 27.25
2013-12-31 47.43 7.84 24.93
2013-09-30 40.40 5.13 21.90
2013-06-30 37.13 4.95 19.18
2013-03-31 35.95 7.06 17.19
2012-12-31 35.35 7.53 17.32
2012-09-30 33.96 7.78 16.08
2012-06-30 33.48 7.46 16.09

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Old Line Bancshares has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Old Line Bancshares used its assets less efficiently than the US Banks industry average last year based on Return on Assets.
  • Unable to establish if Old Line Bancshares improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Old Line Bancshares's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Old Line Bancshares has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Old Line Bancshares's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Old Line Bancshares's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Old Line Bancshares Company Filings, last reported 3 months ago.

NasdaqCM:OLBK Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 370.77 266.56 44.50
2018-09-30 360.18 310.84 50.31
2018-06-30 354.34 352.91 66.46
2018-03-31 210.39 199.65 88.51
2017-12-31 207.73 230.72 35.17
2017-09-30 203.34 190.22 34.46
2017-06-30 161.05 241.76 26.46
2017-03-31 155.12 229.30 28.55
2016-12-31 150.67 221.28 23.46
2016-09-30 151.86 179.55 30.16
2016-06-30 149.21 163.31 33.64
2016-03-31 146.28 128.13 35.58
2015-12-31 143.99 117.15 43.70
2015-09-30 138.27 91.60 30.62
2015-06-30 135.96 82.65 41.86
2015-03-31 137.59 77.19 38.77
2014-12-31 135.53 66.99 25.40
2014-09-30 133.51 41.58 42.83
2014-06-30 132.17 41.81 30.22
2014-03-31 129.55 44.27 54.41
2013-12-31 126.55 55.62 29.06
2013-09-30 123.13 62.32 50.99
2013-06-30 107.73 34.96 53.74
2013-03-31 75.09 37.68 38.01
2012-12-31 75.25 44.10 28.69
2012-09-30 74.37 50.76 44.75
2012-06-30 71.68 48.19 38.16
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Old Line Bancshares has an acceptable proportion of non-loan assets held.
  • Old Line Bancshares's liabilities are made up of primarily low risk sources of funding.
  • Loans at Old Line Bancshares are broadly funded by customer deposits.
  • Old Line Bancshares's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • Old Line Bancshares has a sufficient allowance for bad loans.
  • Old Line Bancshares has an acceptable level of bad loans (less than 2%).
X
Financial health checks
We assess Old Line Bancshares's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Old Line Bancshares has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Old Line Bancshares's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.83%
Current annual income from Old Line Bancshares dividends. Estimated to be 1.61% next year.
If you bought $2,000 of Old Line Bancshares shares you are expected to receive $37 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Old Line Bancshares's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.4%).
  • Old Line Bancshares's dividend is below the markets top 25% of dividend payers in United States of America (3.62%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:OLBK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
United States of America Banks Industry Average Dividend Yield Market Cap Weighted Average of 472 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2009 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:OLBK Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.43 7.00
2019-12-31 0.42 7.00
NasdaqCM:OLBK Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-02-27 0.480 1.809
2018-11-28 0.400 1.448
2018-09-04 0.400 1.294
2018-05-24 0.400 1.157
2018-05-09 0.320 0.922
2018-04-17 0.320 0.932
2018-03-09 0.320 0.967
2018-01-24 0.320 1.009
2017-11-06 0.320 1.074
2017-10-24 0.320 1.070
2017-05-25 0.320 1.146
2017-02-23 0.320 1.150
2016-11-22 0.240 0.937
2016-08-09 0.240 1.220
2016-08-05 0.240 1.245
2016-07-20 0.240 1.259
2016-02-25 0.240 1.324
2015-11-25 0.240 1.352
2015-08-26 0.200 1.194
2015-05-28 0.200 1.256
2015-05-08 0.200 1.273
2015-04-15 0.200 1.254
2015-03-11 0.200 1.273
2015-01-22 0.200 1.362
2014-08-28 0.200 1.310
2014-08-08 0.160 1.105
2014-07-21 0.160 1.120
2014-05-09 0.160 1.000
2014-04-21 0.160 0.948
2014-03-14 0.160 0.927
2014-01-27 0.160 0.943
2013-11-14 0.160 1.093
2013-10-29 0.160 1.174
2013-08-14 0.160 1.209
2013-07-30 0.160 1.221
2013-05-10 0.160 1.244
2013-04-30 0.160 1.278
2013-04-01 0.160 1.277
2013-01-30 0.160 1.324
2012-11-14 0.160 1.402
2012-10-31 0.160 1.444
2012-08-10 0.160 1.472
2012-07-26 0.160 1.481
2012-05-11 0.160 1.532
2012-05-07 0.160 1.449
2011-11-18 0.160 1.774
2011-11-10 0.120 1.489
2011-10-27 0.120 1.533
2011-08-15 0.120 1.689
2011-08-10 0.120 1.611
2011-05-10 0.120 1.436
2011-05-09 0.120 1.318
2011-03-30 0.120 1.326
2011-02-16 0.120 1.294
2010-11-10 0.120 1.435
2010-11-02 0.120 1.417
2010-08-02 0.120 1.472
2010-07-28 0.120 1.502
2010-05-07 0.120 1.557
2010-04-28 0.120 1.530
2010-03-29 0.120 1.585
2010-02-09 0.120 1.670
2009-11-10 0.120 1.826
2009-10-19 0.120 1.909
2009-08-07 0.120 1.872
2009-07-27 0.120 1.990
2009-05-13 0.120 1.985
2009-05-06 0.120 1.974
2009-04-21 0.120 2.137

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Old Line Bancshares's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (6.2x coverage).
X
Income/ dividend checks
We assess Old Line Bancshares's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Old Line Bancshares afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Old Line Bancshares has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Old Line Bancshares's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jim Cornelsen
COMPENSATION $1,758,409
AGE 64
TENURE AS CEO 16.3 years
CEO Bio

Mr. James W. Cornelsen is the President and Chief Executive Officer of Old Line Bancshares, Inc. (the “Company”) and Old Line Bank (the “Bank”). He joined the Bank as President and Chief Executive Officer and became a Member of its Board of Directors in 1994. He has been a Member of the Board of Directors of the Company since its incorporation in April 2003. Mr. Cornelsen serves on the American Bankers Association (ABA) Community Bankers Council, the ABA Payment Solutions Board of Directors and the ABA Board of Directors Fund for Economic Growth. Additionally, Mr. Cornelsen serves on the Board of Directors of the Greater Washington Board of Trade, the Maryland Chamber of Commerce, The Foundation Schools, and the Greater Prince George’s Business Roundtable. He is the Past Chairman of the Board of Directors of the Prince George’s County Chamber of Commerce and the Past Chairman of the Board of Trustees of St. Mary’s Ryken High School, Leonardtown, Maryland. He also previously served on the Board of Directors of Historic Sotterley Plantation, and is active in many community organizations.

CEO Compensation
  • Jim's compensation has increased by more than 20% in the past year.
  • Jim's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Old Line Bancshares management team in years:

8.9
Average Tenure
55
Average Age
  • The average tenure for the Old Line Bancshares management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Jim Cornelsen

TITLE
President
COMPENSATION
$2M
AGE
64
TENURE
16.3 yrs

Elise Hubbard

TITLE
Executive VP & CFO
COMPENSATION
$352K
AGE
45
TENURE
5 yrs

Mark Semanie

TITLE
Executive VP
COMPENSATION
$618K
AGE
55
TENURE
5.9 yrs

Bill Bush

TITLE
Executive Vice President of Commercial Lending
AGE
54
TENURE
11.9 yrs

Jack Welborn

TITLE
Executive VP & Chief Lending Officer
AGE
64
Board of Directors Tenure

Average tenure and age of the Old Line Bancshares board of directors in years:

12.8
Average Tenure
63.5
Average Age
  • The average tenure for the Old Line Bancshares board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Craig Clark

TITLE
Chairman of the Board
COMPENSATION
$106K
AGE
76
TENURE
16 yrs

Jim Cornelsen

TITLE
President
COMPENSATION
$2M
AGE
64
TENURE
16 yrs

Gregory Proctor

TITLE
Vice Chairman
COMPENSATION
$80K
AGE
54
TENURE
1.3 yrs

James Dent

TITLE
Director
COMPENSATION
$77K
AGE
81
TENURE
16 yrs

Suhas Shah

TITLE
Director
COMPENSATION
$73K
AGE
63
TENURE
13.3 yrs

John Suit

TITLE
Director
COMPENSATION
$84K
AGE
73
TENURE
12.3 yrs

Jeff Rivest

TITLE
Director
COMPENSATION
$75K
AGE
65
TENURE
6.6 yrs

Gail Manuel

TITLE
Director
COMPENSATION
$73K
AGE
63
TENURE
16 yrs

Andre' Gingles

TITLE
Director
COMPENSATION
$72K
AGE
61
TENURE
8.8 yrs

Tom Graham

TITLE
Director
COMPENSATION
$73K
AGE
57
TENURE
5.4 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Old Line Bancshares insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
14. Mar 19 Buy Jeffrey Rivest Individual 13. Mar 19 13. Mar 19 840 $27.40 $23,016
13. Mar 19 Buy Jeffrey Rivest Individual 12. Mar 19 12. Mar 19 5 $26.90 $135
13. Mar 19 Buy Jeffrey Rivest Individual 12. Mar 19 12. Mar 19 1,000 $27.00 $27,000
12. Mar 19 Buy Suhas Shah Individual 11. Mar 19 11. Mar 19 182 $26.91 $4,898
27. Feb 19 Sell James Dent Individual 26. Feb 19 26. Feb 19 -1,000 $28.23 $-28,234
26. Feb 19 Buy James Cornelsen Individual 26. Feb 19 26. Feb 19 613 $28.76 $17,582
25. Feb 19 Buy Gregory Proctor Individual 22. Feb 19 22. Feb 19 1,000 $28.69 $28,690
22. Feb 19 Buy Gail Manuel Individual 22. Feb 19 22. Feb 19 375 $28.66 $10,748
21. Feb 19 Buy John Suit Individual 19. Feb 19 19. Feb 19 1,300 $27.31 $35,503
21. Feb 19 Buy Thomas Graham Individual 21. Feb 19 21. Feb 19 2,000 $27.44 $54,856
31. Jan 19 Buy Stephen Deadrick Individual 29. Jan 19 29. Jan 19 250 $27.60 $6,900
31. Jan 19 Buy John Suit Individual 30. Jan 19 30. Jan 19 1,500 $27.03 $40,545
30. Jan 19 Buy Gail Manuel Individual 29. Jan 19 29. Jan 19 595 $28.35 $16,868
16. Jan 19 Buy Rosie Allen-Herring Individual 31. Oct 18 28. Dec 18 78 $30.48 $2,237
06. Dec 18 Buy James Clifford Individual 06. Dec 18 06. Dec 18 630 $28.46 $17,928
04. Dec 18 Sell H Bancorp LLC., Asset Management Arm Company 03. Dec 18 03. Dec 18 -4,096 $30.32 $-124,196
27. Nov 18 Sell H Bancorp LLC., Asset Management Arm Company 26. Nov 18 26. Nov 18 -5,000 $30.02 $-150,080
16. Nov 18 Sell H Bancorp LLC., Asset Management Arm Company 16. Nov 18 16. Nov 18 -953 $30.12 $-28,704
15. Nov 18 Sell H Bancorp LLC., Asset Management Arm Company 14. Nov 18 14. Nov 18 -100 $30.62 $-3,062
14. Nov 18 Sell H Bancorp LLC., Asset Management Arm Company 13. Nov 18 13. Nov 18 -7,000 $30.51 $-213,566
13. Nov 18 Sell H Bancorp LLC., Asset Management Arm Company 12. Nov 18 12. Nov 18 -2,000 $30.07 $-60,142
09. Nov 18 Sell H Bancorp LLC., Asset Management Arm Company 08. Nov 18 09. Nov 18 -6,000 $30.46 $-181,947
05. Nov 18 Sell H Bancorp LLC., Asset Management Arm Company 02. Nov 18 02. Nov 18 -936 $30.26 $-28,324
02. Nov 18 Sell H Bancorp LLC., Asset Management Arm Company 01. Nov 18 01. Nov 18 -2,000 $30.05 $-60,091
01. Nov 18 Sell H Bancorp LLC., Asset Management Arm Company 31. Oct 18 31. Oct 18 -1,881 $30.33 $-57,053
31. Oct 18 Buy Stephen Deadrick Individual 23. Oct 18 23. Oct 18 250 $28.64 $7,160
25. Oct 18 Buy Mark Semanie Individual 25. Oct 18 25. Oct 18 1,000 $27.75 $27,750
24. Oct 18 Buy John Suit Individual 23. Oct 18 23. Oct 18 500 $29.41 $14,705
24. Oct 18 Buy Gail Manuel Individual 27. Jun 18 27. Jun 18 485 $27.70 $13,435
24. Oct 18 Buy Suhas Shah Individual 24. Oct 18 24. Oct 18 200 $27.95 $5,590
17. Sep 18 Sell H Bancorp LLC., Asset Management Arm Company 14. Sep 18 14. Sep 18 -7,278 $34.04 $-247,766
14. Sep 18 Sell H Bancorp LLC., Asset Management Arm Company 13. Sep 18 13. Sep 18 -10,000 $34.03 $-340,307
13. Sep 18 Sell H Bancorp LLC., Asset Management Arm Company 12. Sep 18 12. Sep 18 -10,000 $34.25 $-342,545
12. Sep 18 Sell H Bancorp LLC., Asset Management Arm Company 11. Sep 18 11. Sep 18 -11,828 $34.66 $-409,947
11. Sep 18 Sell H Bancorp LLC., Asset Management Arm Company 10. Sep 18 10. Sep 18 -12,839 $34.38 $-441,357
10. Sep 18 Sell H Bancorp LLC., Asset Management Arm Company 07. Sep 18 07. Sep 18 -7,210 $34.14 $-246,130
07. Sep 18 Sell H Bancorp LLC., Asset Management Arm Company 06. Sep 18 06. Sep 18 -10,000 $34.00 $-340,025
04. Sep 18 Sell H Bancorp LLC., Asset Management Arm Company 31. Aug 18 31. Aug 18 -110 $34.25 $-3,768
29. Aug 18 Sell H Bancorp LLC., Asset Management Arm Company 28. Aug 18 28. Aug 18 -200 $34.10 $-6,820
20. Aug 18 Buy Suhas Shah Individual 17. Aug 18 17. Aug 18 246 $34.04 $8,374
15. Aug 18 Sell H Bancorp LLC., Asset Management Arm Company 14. Aug 18 14. Aug 18 -3,182 $34.76 $-110,610
14. Aug 18 Sell H Bancorp LLC., Asset Management Arm Company 13. Aug 18 13. Aug 18 -4,429 $34.80 $-154,145
13. Aug 18 Sell H Bancorp LLC., Asset Management Arm Company 10. Aug 18 10. Aug 18 -5,796 $34.83 $-201,853
10. Aug 18 Sell H Bancorp LLC., Asset Management Arm Company 09. Aug 18 09. Aug 18 -1,976 $34.75 $-68,668
09. Aug 18 Sell H Bancorp LLC., Asset Management Arm Company 08. Aug 18 08. Aug 18 -2,500 $34.51 $-86,283
03. Aug 18 Sell H Bancorp LLC., Asset Management Arm Company 02. Aug 18 02. Aug 18 -9,902 $34.66 $-343,229
02. Aug 18 Sell H Bancorp LLC., Asset Management Arm Company 31. Jul 18 01. Aug 18 -7,020 $34.53 $-242,317
31. Jul 18 Sell H Bancorp LLC., Asset Management Arm Company 30. Jul 18 30. Jul 18 -2,600 $34.53 $-89,790
31. Jul 18 Buy John Suit Individual 30. Jul 18 30. Jul 18 1,000 $34.50 $34,500
20. Jun 18 Buy John Suit Individual 15. Jun 18 15. Jun 18 1,000 $34.57 $34,560
18. Jun 18 Sell Eric Hovde Individual 15. Jun 18 15. Jun 18 -3,226 $34.21 $-110,353
15. Jun 18 Buy Stephen Deadrick Individual 14. Jun 18 14. Jun 18 1,000 $34.23 $34,230
13. Jun 18 Sell H Bancorp LLC., Asset Management Arm Company 12. Jun 18 12. Jun 18 -10,713 $34.62 $-370,899
18. Jun 18 Sell Eric Hovde Individual 12. Jun 18 13. Jun 18 -19,853 $34.65 $-687,547
12. Jun 18 Sell H Bancorp LLC., Asset Management Arm Company 11. Jun 18 11. Jun 18 -7,150 $34.71 $-248,209
12. Jun 18 Sell Eric Hovde Individual 11. Jun 18 11. Jun 18 -7,160 $34.71 $-248,556
11. Jun 18 Sell H Bancorp LLC., Asset Management Arm Company 08. Jun 18 08. Jun 18 -12,290 $34.68 $-426,214
11. Jun 18 Sell Eric Hovde Individual 08. Jun 18 08. Jun 18 -12,304 $34.68 $-426,698
08. Jun 18 Sell H Bancorp LLC., Asset Management Arm Company 07. Jun 18 07. Jun 18 -8,979 $34.69 $-311,458
08. Jun 18 Sell Eric Hovde Individual 07. Jun 18 07. Jun 18 -8,987 $34.69 $-311,735
07. Jun 18 Sell H Bancorp LLC., Asset Management Arm Company 06. Jun 18 06. Jun 18 -14,665 $34.61 $-507,516
07. Jun 18 Sell Eric Hovde Individual 06. Jun 18 06. Jun 18 -14,682 $34.61 $-508,103
06. Jun 18 Sell H Bancorp LLC., Asset Management Arm Company 05. Jun 18 05. Jun 18 -100 $34.76 $-3,476
06. Jun 18 Sell Eric Hovde Individual 05. Jun 18 05. Jun 18 -101 $34.76 $-3,511
05. Jun 18 Sell H Bancorp LLC., Asset Management Arm Company 04. Jun 18 04. Jun 18 -227 $34.75 $-7,888
05. Jun 18 Sell Eric Hovde Individual 04. Jun 18 04. Jun 18 -228 $34.75 $-7,923
05. Jun 18 Sell Joseph Thomas Individual 01. Jun 18 01. Jun 18 -3 $34.73 $-104
05. Jun 18 Sell Joseph Thomas Individual 01. Jun 18 04. Jun 18 -8,729 $34.74 $-301,667
01. Jun 18 Buy John Suit Individual 01. Jun 18 01. Jun 18 1,000 $34.57 $34,560
01. Jun 18 Sell Joseph Thomas Individual 31. May 18 31. May 18 -1,500 $34.57 $-51,796
31. May 18 Sell H Bancorp LLC., Asset Management Arm Company 30. May 18 30. May 18 -8,503 $34.77 $-295,665
31. May 18 Sell Eric Hovde Individual 30. May 18 30. May 18 -8,507 $34.77 $-295,804
31. May 18 Sell Joseph Thomas Individual 30. May 18 30. May 18 -7,000 $34.84 $-242,714
29. May 18 Sell The Eric D. and Steven D. Hovde Foundation, Endowment Arm Company 21. May 18 23. May 18 -2,197 $34.58 $-75,949
30. May 18 Sell H Bancorp LLC., Asset Management Arm Company 29. May 18 29. May 18 -1,292 $34.75 $-44,902
30. May 18 Sell Eric Hovde Individual 29. May 18 29. May 18 -1,297 $34.75 $-45,076
30. May 18 Sell Joseph Thomas Individual 29. May 18 29. May 18 -7,000 $34.86 $-242,444
29. May 18 Sell James Dent Individual 29. May 18 29. May 18 -2,000 $34.69 $-69,382
24. May 18 Sell H Bancorp LLC., Asset Management Arm Company 23. May 18 23. May 18 -1,762 $34.60 $-60,971
24. May 18 Sell Joseph Thomas Individual 23. May 18 23. May 18 -2,300 $34.63 $-79,285
29. May 18 Sell H Bancorp LLC., Asset Management Arm Company 22. May 18 23. May 18 -21,217 $34.60 $-734,081
23. May 18 Sell Joseph Thomas Individual 22. May 18 22. May 18 -18,311 $34.68 $-631,857
22. May 18 Sell H Bancorp LLC., Asset Management Arm Company 21. May 18 21. May 18 -8,519 $34.50 $-293,884
22. May 18 Sell Joseph Thomas Individual 21. May 18 21. May 18 -20,000 $34.86 $-691,071
22. May 18 Buy James Clifford Individual 21. May 18 21. May 18 500 $34.47 $17,235
21. May 18 Buy Stephen Deadrick Individual 21. May 18 21. May 18 1,024 $35.43 $36,280
18. May 18 Buy Mark Semanie Individual 18. May 18 18. May 18 1,450 $34.95 $50,678
18. May 18 Buy John Suit Individual 18. May 18 18. May 18 1,366 $35.02 $47,830
X
Management checks
We assess Old Line Bancshares's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Old Line Bancshares has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Why Old Line Bancshares, Inc. (NASDAQ:OLBK) Is A Top Dividend Stock

Dividend paying stocks like Old Line Bancshares, Inc. … Yet sometimes, investors buy a popular dividend stock because of its yield, and then lose money if the company's dividend doesn't live up to expectations.. … Before you buy any stock for its dividend however, you should always remember Warren Buffett's two rules: 1) Don't lose money, and 2) Remember rule #1

Simply Wall St -

Financial Metrics For Old Line Bancshares, Inc. (NASDAQ:OLBK)

Old Line Bancshares, Inc.’s (NASDAQ:OLBK) profitability and risk are largely affected by the underlying economic growth for the region it operates in US given it is a small-cap stock with a market capitalisation of US$441m. … Basel III target banking regulations to improve the sector’s ability to absorb shocks resulting from economic stress which may expose financial institutions like Old Line Bancshares to vulnerabilities. … Low levels of leverage coupled with sufficient liquidity may place Old Line Bancshares in a safe position in the face of adverse headwinds.

Simply Wall St -

Update: Old Line Bancshares (NASDAQ:OLBK) Stock Gained 60% In The Last Five Years

To wit, the Old Line Bancshares share price has climbed 60% in five years, easily topping the market return of 44% (ignoring dividends). … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … Over half a decade, Old Line Bancshares managed to grow its earnings per share at 15% a year.

Simply Wall St -

What Type Of Shareholder Owns Old Line Bancshares, Inc.'s (NASDAQ:OLBK)?

If you want to know who really controls Old Line Bancshares, Inc. … Old Line Bancshares is not a large company by global standards. … Check out our latest analysis for Old Line Bancshares

Simply Wall St -

Here's What Old Line Bancshares, Inc.'s (NASDAQ:OLBK) P/E Is Telling Us

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … We'll look at Old Line Bancshares, Inc.'s (NASDAQ:OLBK) P/E ratio and reflect on what it tells us about the company's share price. … How Do I Calculate A Price To Earnings Ratio

Simply Wall St -

Does Old Line Bancshares, Inc.'s (NASDAQ:OLBK) CEO Pay Reflect Performance?

Jim Cornelsen became the CEO of Old Line Bancshares, Inc. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Jim Cornelsen's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Why Old Line Bancshares, Inc.’s (NASDAQ:OLBK) Risk Control Makes It Attractive

As a small-cap bank with a market capitalisation of US$483m, Old Line Bancshares, Inc.’s (NASDAQ:OLBK) profit and value are directly affected by economic activity. … Risk associate with repayment is measured by the level of bad debt which is an expense written off Old Line Bancshares’s bottom line. … Today we will analyse Old Line Bancshares’s level of bad debt and liabilities in order to understand the risk involved with investing in the bank.

Simply Wall St -

Should You Be Concerned About Old Line Bancshares Inc’s (NASDAQ:OLBK) Liquidity?

Old Line Bancshares Inc’s (NASDAQ:OLBK) profitability and risk are largely affected by the underlying economic growth for the region it operates in US given it is a small-cap stock with a market capitalisation of US$504m. … Since a bank profits from reinvesting its clients’ deposits in the form of loans, negative economic growth may lower deposit levels and demand for loan, adversely impacting its cash flow. … Since its financial standing can unexpectedly decline in the case of an adverse macro event such as political instability, it is important to understand how prudent the bank is at managing its risk levels.

Simply Wall St -

What Does Old Line Bancshares Inc's (NASDAQ:OLBK) P/E Ratio Tell You?

This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). … Old Line Bancshares has a price to earnings ratio of 18.54, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Why Old Line Bancshares Inc (NASDAQ:OLBK) May Not Be As Efficient As Its Industry

Though OLBK's recent performance is underwhelming, it is useful to understand what ROE is made up of and how it should be interpreted. … Knowing these components can change your views on OLBK's below-average returns. … I will take you through how metrics such as financial leverage impact ROE which may affect the overall sustainability of OLBK's returns

Simply Wall St -

Company Info

Description

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.

Details
Name: Old Line Bancshares, Inc.
OLBK
Exchange: NasdaqCM
Founded: 1989
$446,191,813
17,043,232
Website: http://www.oldlinebank.com
Address: Old Line Bancshares, Inc.
1525 Pointer Ridge Place,
Bowie,
Maryland, 20716,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM OLBK Common Stock Nasdaq Capital Market US USD 12. Mar 1997
Number of employees
Current staff
Staff numbers
356
Old Line Bancshares employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 23:39
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/12
Last earnings filing: 2019/03/13
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.