Glen Burnie Bancorp (GLBZ) Earning Somewhat Positive News Coverage, Analysis Finds

News coverage about Glen Burnie Bancorp (NASDAQ:GLBZ) has been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Glen Burnie Bancorp earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 45.9371166719915 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Shares of Glen Burnie Bancorp (NASDAQ:GLBZ) opened at 10.93 on Monday. Glen Burnie Bancorp has a 52-week low of $9.85 and a 52-week high of $12.55. The stock has a 50 day moving average of $10.73 and a 200 day moving average of $11.42. The firm has a market cap of $30.53 million, a price-to-earnings ratio of 26.21 and a beta of -0.08.

Glen Burnie Bancorp (NASDAQ:GLBZ) last issued its quarterly earnings data on Thursday, August 3rd. The financial services provider reported $0.12 earnings per share for the quarter. The firm had revenue of $3.20 million for the quarter. Glen Burnie Bancorp had a net margin of 7.77% and a return on equity of 3.39%.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 4th. Investors of record on Monday, July 24th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 3.66%. The ex-dividend date was Thursday, July 20th. Glen Burnie Bancorp’s payout ratio is presently 95.24%.

GLBZ has been the subject of several recent research reports. ValuEngine raised shares of Glen Burnie Bancorp from a “hold” rating to a “buy” rating in a research report on Thursday. TheStreet raised shares of Glen Burnie Bancorp from a “c+” rating to a “b-” rating in a research report on Monday, May 1st.

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About Glen Burnie Bancorp

Glen Burnie Bancorp is the bank holding company for The Bank of Glen Burnie (the Bank), a commercial bank. The Bank is engaged in the commercial and retail banking business, including the acceptance of demand and time deposits, and the origination of loans to individuals, associations, partnerships and corporations.

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