Shore Bancshares Inc. (SHBI)’s Financial Results Comparing With Glen Burnie Bancorp (NASDAQ:GLBZ)

Both Shore Bancshares Inc. (NASDAQ:SHBI) and Glen Burnie Bancorp (NASDAQ:GLBZ) are Regional – Mid-Atlantic Banks companies, competing one another. We will contrast their risk, analyst recommendations, profitability, dividends, institutional ownership, earnings and valuation.

Earnings & Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Shore Bancshares Inc. 58.48M 3.38 16.13M 1.22 13.15
Glen Burnie Bancorp 13.28M 2.25 1.46M 0.52 21.02

Table 1 demonstrates Shore Bancshares Inc. and Glen Burnie Bancorp’s gross revenue, earnings per share and valuation. Glen Burnie Bancorp seems to has lower revenue and earnings compared to Shore Bancshares Inc. The company with a lower P/E ratio is currently more affordable of the two stocks. Shore Bancshares Inc.’s shares have been trading at lower P/E ratio which means it is currently more affordable than Glen Burnie Bancorp.

Profitability

Table 2 shows the return on assets, net margins and return on equity of the two firms.

Net Margins Return on Equity Return on Assets
Shore Bancshares Inc. 27.58% 9.1% 1.1%
Glen Burnie Bancorp 10.99% 3.3% 0.3%

Risk & Volatility

Shore Bancshares Inc. is 51.00% less volatile than S&P 500 due to its 0.49 beta. Glen Burnie Bancorp’s 0.27 beta is the reason why it is 73.00% less volatile than S&P 500.

Dividends

Shore Bancshares Inc. dividend pay is $0.35 per share with 2.25% dividend yield annually. Meanwhile, Glen Burnie Bancorp’s annual dividend is $0.4 per share and it also boasts of a 3.74% dividend yield.

Insider & Institutional Ownership

Shore Bancshares Inc. and Glen Burnie Bancorp has shares owned by institutional investors as follows: 68% and 8.8%. Insiders owned roughly 1.9% of Shore Bancshares Inc.’s shares. Comparatively, insiders own roughly 22.02% of Glen Burnie Bancorp’s shares.

Performance

In this table we provide the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
Shore Bancshares Inc. 1.72% 4.17% 2.63% -4.02% -11.65% 10.04%
Glen Burnie Bancorp 6.21% -1.62% 9.5% -9.88% -4.62% 4.99%

For the past year Shore Bancshares Inc. has stronger performance than Glen Burnie Bancorp

Summary

On 11 of the 14 factors Shore Bancshares Inc. beats Glen Burnie Bancorp.

Shore Bancshares, Inc., through its subsidiaries, provides various commercial banking products and services to individuals, businesses, and other organizations in Maryland and Delaware. The company operates through two segments, Community Banking, and Insurance Products and Services. It offers various deposit products, including checking, savings, and money market accounts; and regular and IRA certificates of deposit, as well as CDARS programs, cash management services, and various checking services. The company also provides commercial loans, such as secured and unsecured loans, working capital loans, lines of credit, term loans, accounts receivable financing, real estate acquisition and development loans, construction loans, and letters of credit, as well as commercial mortgages, and equipment and operating loans; and loans to consumers comprising mortgage, home equity, automobile, marine, installment, and other secured and unsecured personal lines of credit. In addition, it offers safe deposit boxes; debit and credit cards; direct deposit of payroll; merchant credit card clearing services; telephone, mobile, and Internet banking services; and automatic teller machine (ATM) services. Further, the company provides non-deposit products, such as mutual funds and annuities, and discount brokerage services; trust, asset management, and financial planning services; and insurance products and services to businesses and consumers, including property and casualty, life, marine, individual health, and long term care insurance, as well as pension and profit sharing plans, and retirement plans. It operates 18 full service branches and 20 ATMs in the Kent County, Queen AnneÂ’s County, Caroline County, Talbot County, and Dorchester County in Maryland, as well as in Kent County, Delaware. Shore Bancshares, Inc. was founded in 1876 and is headquartered in Easton, Maryland.

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, including regular savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, IRA and SEP accounts, Christmas Club accounts, and certificates of deposit. It also provides residential and commercial real estate loans, construction loans, land acquisition and development loans, and secured and unsecured commercial loans, as well as consumer installment lending services, such as indirect automobile lending services; and residential first and second mortgage loans, home equity lines of credit, and commercial mortgage loans. In addition, the company offers ancillary products and services comprising safe deposit boxes, money orders, night depositories, automated clearinghouse transactions, wire transfers, automated teller machine services, and telephone and Internet banking services. It serves customers in northern Anne Arundel county and surrounding areas from its main office; branch in Glen Burnie, Maryland; and branch offices in Odenton, Riviera Beach, Crownsville, Severn, Linthicum, and Severna Park, Maryland. The company was founded in 1949 and is based in Glen Burnie, Maryland.

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