GLBZ

MKT CAP:$14M

Glen Burnie Bancorp

Market Cap

$14M

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$4.91+$0.44 (+9.84%)

Apr 17, 2026

Company Details

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 company accepts various deposits, in...

CEO

Mark Christopher Hanna

IPO Date

Nov 10, 1999

Website

www.thebankofglenburnie.com

Key Metrics TTM

Revenue

$17M

+6.0% YoY

Net Income

-$29.0K

EPS (Diluted)

-$0.01

Free Cash Flow

-$2M

Revenue / Share

$5.82

Gross Margin

72.6%

Operating Margin

-2.2%

Net Margin

-0.2%

FCF Margin

-10.4%

P/S

0.8x

P/E

—

Earnings Reports

Q1 2026

May 5, 2026

PENDING

FY 2025

Dec 30, 2025

$17M+6.4%EPS -$0.01

Q4 2025

Dec 30, 2025

$5M+16.7%EPS -$0.03

Q3 2025

Nov 14, 2025

$4M+4.2%EPS $0.04

Q2 2025

Aug 14, 2025

$4M-1.1%EPS -$0.07

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$3M	$3M	$252.0K
Q2 22	$3M	$3M	$344.0K
Q3 22	$4M	$3M	$395.0K
Q4 22	$4M	$3M	$994.0K
Q1 23	$4M	$3M	$521.0K
Q2 23	$4M	$3M	$301.0K
Q3 23	$4M	$3M	$538.0K
Q4 23	$3M	$3M	$140.0K
Q1 24	$4M	$3M	-$229.0K
Q2 24	$4M	$3M	-$393.0K
Q3 24	$4M	$3M	$79.0K
Q4 24	$4M	$3M	-$95.0K
Q1 25	$4M	$3M	$124.0K
Q2 25	$4M	$3M	-$375.0K
Q3 25	$4M	$3M	$87.0K
Q4 25	$5M	$3M	-$206.0K

Valuation

Quarter	P/S	P/E
Q1 22	1.0x	6.4x
Q2 22	1.0x	6.9x
Q3 22	1.1x	9.3x
Q4 22	1.0x	7.9x
Q1 23	1.0x	7.0x
Q2 23	1.0x	7.2x
Q3 23	1.0x	6.6x
Q4 23	1.0x	9.6x
Q1 24	1.0x	13.8x
Q2 24	0.9x	26.5x
Q3 24	0.9x	144.4x
Q4 24	0.9x	—
Q1 25	0.8x	361.1x
Q2 25	0.8x	457.4x
Q3 25	0.8x	527.8x
Q4 25	0.8x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 21	$780.0K	$718.0K
Q1 22	-$230.0K	-$277.0K
Q2 22	$764.0K	$659.0K
Q3 22	$449.0K	$370.0K
Q4 22	$1M	$1M
Q1 23	$230.0K	$187.0K
Q2 23	$621.0K	$389.0K
Q3 23	-$23.0K	$124.0K
Q4 23	$571.0K	$547.0K
Q1 24	$119.0K	$85.0K
Q2 24	$140.0K	$27.0K
Q3 24	$497.0K	$513.0K
Q4 24	-$728.0K	-$678.0K
Q1 25	-$411.0K	-$116.0K
Q2 25	$55.0K	-$240.0K
Q3 25	-$862.0K	-$735.0K

Capital Expenditures

Quarter	CapEx
Q4 21	$62.0K
Q1 22	$47.0K
Q2 22	$105.0K
Q3 22	$79.0K
Q4 22	$25.0K
Q1 23	$43.0K
Q2 23	$232.0K
Q3 23	$147.0K
Q4 23	$24.0K
Q1 24	$34.0K
Q2 24	$113.0K
Q3 24	$16.0K
Q4 24	$50.0K
Q1 25	$295.0K
Q2 25	$295.0K
Q3 25	$127.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	-4.6%	+10.8%
Q2 22	-7.8%	-1.7%
Q3 22	-9.3%	+12.7%
Q4 22	+29.0%	+24.3%
Q1 23	+8.8%	+0.5%
Q2 23	+7.2%	+9.5%
Q3 23	+0.9%	-3.4%
Q4 23	-6.8%	+22.6%
Q1 24	+2.8%	+28.3%
Q2 24	+18.0%	+41.3%
Q3 24	+17.9%	+35.7%
Q4 24	+16.1%	+24.0%
Q1 25	+4.4%	-5.0%
Q2 25	-1.1%	-1.4%
Q3 25	+4.2%	+4.1%
Q4 25	+16.7%	+19.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 21	$0	0.0%
Q1 22	$0	0.0%
Q2 22	$0	0.0%
Q3 22	$0	0.0%
Q4 22	$0	0.0%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$17.0K	0.4%

OpEx Breakdown

Quarter	G&A	S&M
Q1 22	$2M	$22.0K
Q2 22	$2M	$21.0K
Q3 22	$2M	$21.0K
Q4 22	$2M	$22.0K
Q1 23	$2M	$22.0K
Q2 23	$2M	$23.0K
Q3 23	$2M	$26.0K
Q4 23	$2M	$25.0K
Q1 24	$2M	$23.0K
Q2 24	$2M	$25.0K
Q3 24	$2M	$40.0K
Q4 24	$2M	$29.0K
Q1 25	$2M	$37.0K
Q2 25	$278.0K	$30.0K
Q3 25	$478.0K	$45.0K
Q4 25	$2M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$69M	$147M	$216M
Q2 22	$51M	$158M	$209M
Q3 22	$54M	$145M	$199M
Q4 22	$30M	$144M	$174M
Q1 23	$15M	$145M	$159M
Q2 23	$12M	$151M	$163M
Q3 23	$15M	$143M	$157M
Q4 23	$15M	$126M	$141M
Q1 24	$43M	$129M	$171M
Q2 24	$17M	$117M	$134M
Q3 24	$22M	$120M	$142M
Q4 24	$24M	$75M	$99M
Q1 25	$24M	$107M	$130M
Q2 25	$13M	$105M	$117M
Q3 25	$12M	$104M	$116M
Q4 25	$2M	$0	$2M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	3M	+0.1%	+0.4%
Q2 22	3M	+0.1%	+0.4%
Q3 22	3M	+0.1%	+0.4%
Q4 22	3M	+0.1%	+0.4%
Q1 23	3M	+0.1%	+0.4%
Q2 23	3M	+0.1%	+0.5%
Q3 23	3M	+0.1%	+0.5%
Q4 23	3M	+0.2%	+0.6%
Q1 24	3M	+0.2%	+0.6%
Q2 24	3M	+0.2%	+0.7%
Q3 24	3M	+0.2%	+0.8%
Q4 24	3M	+0.1%	+0.7%
Q1 25	3M	-0.2%	+0.3%
Q2 25	3M	+0.2%	+0.3%
Q3 25	3M	0.0%	+0.1%
Q4 25	3M	+0.7%	+0.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$38.2K	85
Q2 22	$38.5K	85
Q3 22	$42.6K	85
Q4 22	$41.2K	89
Q1 23	$39.7K	89
Q2 23	$39.4K	89
Q3 23	$41.1K	89
Q4 23	$40.7K	84
Q1 24	$43.2K	84
Q2 24	$49.2K	84
Q3 24	$51.3K	84
Q4 24	$44.6K	89
Q1 25	$42.6K	89
Q2 25	$46.0K	89
Q3 25	$50.4K	89
Q4 25	$52.0K	89

Revenue / Employee