SequelSEC

GLEN BURNIE BANCORP GLBZ

State Commercial Banks · CIK 0000890066 · Fiscal year ends 1231 · Bank

Revenue
Unavailable
Fiscal year ended 2024-12-31
Net income
-$111.56K
Fiscal year ended 2024-12-31
Total assets
$358.96M
Fiscal year ended 2024-12-31

Valuation, from the filing

Public float$9.84MMarket value of stock held by non-affiliates, as stated on the cover page for 2024-06-30
Float per share$3.39Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / equity0.6×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2024-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2024-12-31 — the year that filing covered.

Valuation over time

13.0× earnings today, against a median of 15.5× across 9 years on record. Below its own history.

Float measuredPublic floatFloat / net income
2023-06-30$18.63M13.0×
2022-06-30$25.72M14.7×
2021-06-30$29.14M11.6×
2020-06-30$19.15M11.5×
2019-06-30$25.03M15.7×
2018-06-30$24.57M15.5×
2017-06-30$23.55M25.9×
2016-06-30$23.82M21.6×
2015-06-30$26.61M19.7×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

GLEN BURNIE BANCORP (GLBZ) reported net income of -$111.56K for the fiscal year ended 2024-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from GLEN BURNIE BANCORP’s SEC filings, each linked to the filing it came from. It is classified by the SEC under State Commercial Banks.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

GLEN BURNIE BANCORP income by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
RevenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Net income-$111.56K$1.43M$1.75M$2.52M$1.67M$1.60M$1.58M$911.00K$1.10M$1.35M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Pretax income-$637.00K$1.50M$1.98M$3.09M$2.16M$2.05M$1.71M$1.82M$1.02M$1.60M
Income tax expense-$525.00K$72.00K$240.00K$577.00K$491.00K$452.00K$130.00K$913.00K-$83.00K$244.92K
Diluted EPS$-0.04$0.50$0.61$0.88$0.59UnavailableUnavailableUnavailableUnavailableUnavailable
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

GLEN BURNIE BANCORP balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
Cash & equivalents$24.46M$15.24M$30.09MUnavailableUnavailableUnavailableUnavailable$12.60M$10.62M$12.37M
Total assets$358.96M$351.81M$381.44M$442.07M$419.49M$384.94M$413.05M$389.45M$388.44M$390.58M
Current assetsUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total liabilities$341.14M$332.49M$365.38M$406.35M$382.39M$349.26M$379.00M$355.41M$354.63M$356.40M
Current liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total equity incl. NCI$17.82M$19.32M$16.05M$35.72M$37.09M$35.68M$34.05M$34.04M$33.81M$34.18M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailable$10.00M$0$0$0$0$10.00M$20.00M
Accounts payableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

GLEN BURNIE BANCORP cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
Operating cash flow$28.00K$1.40M$2.22M$3.66M$1.60M$2.99M$4.14M$3.67M$2.58MUnavailable
Capital expenditures$81.00K$152.00K$256.00K$287.00K$573.00K$336.00K$209.00K$205.00K$328.00K$90.39K
Investing cash flow$847.00K$17.66M$7.01M-$1.28M-$9.89M$26.35M-$23.03M-$1.71M-$1.43MUnavailable
Financing cash flow$8.35M-$33.91M-$41.33M$22.71M$32.09M-$32.00M$22.24M$25.00K-$2.91MUnavailable
Net change in cash$9.22M-$14.85M-$32.09M$25.09M$23.80M-$2.66M$3.35M$1.98M-$1.75M-$908.83K
Stock-based compensationUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common dividends paid$865.00K$1.15M$1.14M$1.14M$1.13M$1.13M$1.12M$1.12M$1.11M$1.02M
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortization$238.00K$227.00K$994.00K$995.00K$59.00K$932.00K$1.07M$925.00K$1.19M$1.14M

Derived

GLEN BURNIE BANCORP derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
Free cash flow-$53.00K$1.25M$1.97M$3.37M$1.03M$2.66M$3.93M$3.47M$2.26MUnavailable
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Current ratioUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Revenue YoY growthUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Net marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailable4.8%12.1%18.7%22.7%22.0%7.6%50.1%-8.2%15.3%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open GLBZ in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2025-11-14View SEC filing
10-Q · Filed 2025-08-14View SEC filing
10-Q · Filed 2025-05-20View SEC filing
10-K/A · Filed 2025-04-28View SEC filing
10-K · Filed 2025-04-08View SEC filing
10-Q · Filed 2024-11-12View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.