Glen Burnie Bancorp Announces First Quarter 2024 Results

April 26, 2024

https://www.globenewswire.com/news-release/2024/04/26/2870616/0/en/Glen-Burnie-Bancorp-Announces-First-Quarter-2024-Results.html

GLEN BURNIE, Md., April 26, 2024 (GLOBE NEWSWIRE) — Glen Burnie Bancorp (“Bancorp”) (NASDAQ:GLBZ), the bank holding company for The Bank of Glen Burnie (“Bank”), today reported results for the first quarter ended March 31, 2024. Net income for the first quarter was $3,000, or $0 per basic and diluted common share, as compared to $0.44 million, or $0.15 per basic and diluted common share for the three-month period ended March 31, 2023. On March 31, 2024, Bancorp had total assets of $369.9 million. Bancorp, the oldest independent commercial bank in Anne Arundel County, will pay its 127th consecutive quarterly dividend on May 6, 2024.

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