Glen Burnie Bancorp Third Quarter 2022 Earnings: EPS: US$0.13 (vs US$0.31 in 3Q 2021)

Glen Burnie Bancorp (NASDAQ:GLBZ) Third Quarter 2022 Results

Key Financial Results

• Revenue: US$3.32m (down 13% from 3Q 2021).

• Net income: US$375.0k (down 58% from 3Q 2021).

• Profit margin: 11% (down from 23% in 3Q 2021).

• EPS: US$0.13 (down from US$0.31 in 3Q 2021).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Glen Burnie Bancorp shares are down 5.7% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for Glen Burnie Bancorp that you need to be mindful of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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