GLEN BURNIE BANCORP
GLBZGlen Burnie Bancorp (GLBZ) is a regional bank holding company that provides a range of banking services, including personal and business banking, loans, and financial products. Headquartered in Maryland, it operates through its subsidiary banks and focuses on serving local communities with personalized banking solutions.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| August 5, 2024 | $0.10 | 2024-07-22 | 2024-07-22 |
| May 6, 2024 | $0.10 | 2024-04-19 | 2024-04-22 |
| February 5, 2024 | $0.10 | 2024-01-19 | 2024-01-22 |
| November 6, 2023 | $0.10 | 2023-10-20 | 2023-10-23 |
| August 7, 2023 | $0.10 | 2023-07-21 | 2023-07-24 |
Dividends Summary
- Consistent Payer: GLEN BURNIE BANCORP has rewarded shareholders with 89 dividend payments over the past 20 years.
- Total Returned Value: Investors who held GLBZ shares during this period received a total of $8.99 per share in dividend income.
- Latest Payout: The most recent dividend of $0.10/share was paid 712 days ago, on August 5, 2024.
- Yield & Schedule: GLBZ currently pays dividends quarterly with an annual yield of 8.51%.
- Dividend Growth: Since 2004, the dividend payout has grown by 66.7%, from $0.06 to $0.10.
- Dividend Reliability: GLBZ has maintained or increased its dividend for 36 consecutive payments.
Company News
Glen Burnie Bancorp (OTCQX: GLBZ) reported net income of $84 thousand ($0.03 per diluted share) for Q1 2026, returning to profitability from a Q4 2025 loss. The bank holding company achieved improved net interest income of $3.0 million, grew loans by 4.9% to $242.6 million, and increased deposits by 7.6% to $357.5 million. The company also announ...
Glen Burnie Bancorp (GLBZ), a Maryland-based community bank holding company, has transitioned from Nasdaq to the OTCQX Best Market effective December 23, 2025. The move aims to reduce regulatory burden and compliance costs while maintaining liquidity for shareholders. The company plans to deregister from the SEC and expects significant cost savin...
Glen Burnie Bancorp, the parent company of The Bank of Glen Burnie, reported a net loss for the fourth quarter and full year 2024 due to increased interest expenses and provision for credit losses, despite growth in loans and deposits.
Glen Burnie Bancorp, the parent company of The Bank of Glen Burnie, reported a net loss of $72,000 for the first nine months of 2024, compared to net income of $1.3 million in the same period of 2023. The decrease was primarily due to higher interest expenses and a larger provision for credit losses, partially offset by increased loan interest in...
The Bank of Glen Burnie has appointed Felton Magee Jr. to its Board of Directors, citing his expertise in process improvement and growth strategies. Magee's appointment is part of the bank's commitment to being 'the bank for business' in the local market.
