Glen Burnie Bancorp (GLBZ) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart

Glen Burnie Bancorp Revenue Highlights

Latest Revenue (Y)

$14.44M

Latest Revenue (Q)

$4.31M

Main Segment (Y)

Other fees and commissions

Main Geography (Y)

Other fees and commissions

Glen Burnie Bancorp Revenue by Period

Glen Burnie Bancorp Revenue by Year

Date	Revenue	Change
2023-12-31	$14.44M	8.94%
2022-12-31	$13.25M	1.49%
2021-12-31	$13.06M	0.14%
2020-12-31	$13.04M	-5.34%
2019-12-31	$13.78M	-1.35%
2018-12-31	$13.96M	7.78%
2017-12-31	$12.96M	1.31%
2016-12-31	$12.79M	-10.09%
2015-12-31	$14.22M	-2.96%
2014-12-31	$14.66M	0.24%
2013-12-31	$14.62M	1.65%
2012-12-31	$14.38M	-7.43%
2011-12-31	$15.54M	5.14%
2010-12-31	$14.78M	2.15%
2009-12-31	$14.47M	3.54%
2008-12-31	$13.97M	-0.36%
2007-12-31	$14.02M	-0.30%
2006-12-31	$14.07M	-0.10%
2005-12-31	$14.08M	-2.14%
2004-12-31	$14.39M	6.16%
2003-12-31	$13.55M	-2.17%
2002-12-31	$13.85M	10.87%
2001-12-31	$12.49M	-13.58%
2000-12-31	$14.46M	13.38%
1999-12-31	$12.75M	252.06%
1998-12-31	$3.62M	81.32%
1997-12-31	$2.00M	-77.37%
1996-12-31	$8.83M	-10.20%
1995-12-31	$9.83M	-

Glen Burnie Bancorp generated $14.44M in revenue during NA 2023, up 8.94% compared to the previous quarter, and up 103.39% compared to the same period a year ago.

Glen Burnie Bancorp Revenue by Quarter

Date	Revenue	Change
2024-09-30	$4.31M	4.33%
2024-06-30	$4.13M	13.76%
2024-03-31	$3.63M	-2.70%
2023-12-31	$3.73M	14.68%
2023-09-30	$3.26M	-2.81%
2023-06-30	$3.35M	-2.07%
2023-03-31	$3.42M	-11.07%
2022-12-31	$3.85M	14.87%
2022-09-30	$3.35M	10.09%
2022-06-30	$3.04M	1.06%
2022-03-31	$3.01M	2.52%
2021-12-31	$2.94M	-21.24%
2021-09-30	$3.73M	13.90%
2021-06-30	$3.27M	5.00%
2021-03-31	$3.12M	-8.48%
2020-12-31	$3.41M	4.80%
2020-09-30	$3.25M	3.37%
2020-06-30	$3.15M	-2.81%
2020-03-31	$3.24M	-6.85%
2019-12-31	$3.47M	-1.11%
2019-09-30	$3.51M	3.93%
2019-06-30	$3.38M	-0.82%
2019-03-31	$3.41M	-4.43%
2018-12-31	$3.57M	-1.84%
2018-09-30	$3.63M	5.64%
2018-06-30	$3.44M	-1.12%
2018-03-31	$3.48M	3.64%
2017-12-31	$3.36M	1.60%
2017-09-30	$3.30M	3.19%
2017-06-30	$3.20M	2.30%
2017-03-31	$3.13M	-10.34%
2016-12-31	$3.49M	11.11%
2016-09-30	$3.14M	2.98%
2016-06-30	$3.05M	-1.83%
2016-03-31	$3.11M	-12.46%
2015-12-31	$3.55M	2.25%
2015-09-30	$3.47M	-8.78%
2015-06-30	$3.81M	11.98%
2015-03-31	$3.40M	-13.70%
2014-12-31	$3.94M	4.80%
2014-09-30	$3.76M	9.15%
2014-06-30	$3.44M	-2.22%
2014-03-31	$3.52M	-10.69%
2013-12-31	$3.94M	1.66%
2013-09-30	$3.88M	10.42%
2013-06-30	$3.51M	6.65%
2013-03-31	$3.29M	-7.19%
2012-12-31	$3.55M	-3.90%
2012-09-30	$3.69M	4.86%
2012-06-30	$3.52M	-2.92%
2012-03-31	$3.63M	-3.59%
2011-12-31	$3.76M	-4.42%
2011-09-30	$3.94M	1.29%
2011-06-30	$3.88M	-1.84%
2011-03-31	$3.96M	6.18%
2010-12-31	$3.73M	-5.13%
2010-09-30	$3.93M	8.84%
2010-06-30	$3.61M	2.79%
2010-03-31	$3.51M	-11.40%
2009-12-31	$3.96M	7.22%
2009-09-30	$3.70M	4.82%
2009-06-30	$3.53M	7.56%
2009-03-31	$3.28M	-5.08%
2008-12-31	$3.45M	-6.07%
2008-09-30	$3.68M	4.88%
2008-06-30	$3.51M	5.22%
2008-03-31	$3.33M	-5.14%
2007-12-31	$3.51M	-

Glen Burnie Bancorp generated $4.31M in revenue during Q3 2024, up 4.33% compared to the previous quarter, and up 128.71% compared to the same period a year ago.

Glen Burnie Bancorp Revenue Breakdown

Glen Burnie Bancorp Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 21	Dec 20	Dec 19	Dec 18
Service charges on deposit accounts	$160.00K	-	-	-
Other fees and commissions	$884.00K	-	-	-
Financial Service Other	-	$672.00K	$874.00K	$774.00K
Deposit Account	-	$176.00K	$255.00K	$248.00K

Glen Burnie Bancorp's latest annual revenue breakdown by segment (product or service), as of Dec 21: Other fees and commissions (84.67%), and Service charges on deposit accounts (15.33%).

Quarterly Revenue by Product

Product/Service	Mar 24	Sep 23	Jun 23	Mar 23	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18
Service charges on deposit accounts	$38.00K	$40.00K	$38.00K	$42.00K	$37.00K	$40.00K	$42.00K	$41.00K	$42.00K	-	-	-	-	-	-	-	-	-	-	-
Other fees and commissions	-	-	-	-	-	-	$174.00K	$249.00K	$276.00K	-	-	-	-	-	-	-	-	-	-	-
Deposit Account	-	-	-	-	-	-	-	-	-	$37.00K	$40.00K	$44.00K	$37.00K	$38.00K	$56.00K	$68.00K	$62.00K	$64.00K	$61.00K	$61.00K
Financial Service Other	-	-	-	-	-	-	-	-	-	$190.00K	$169.00K	$183.00K	$179.00K	$151.00K	$159.00K	$231.00K	$287.00K	$177.00K	$178.00K	$210.00K

Glen Burnie Bancorp's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Service charges on deposit accounts (100.00%).

Glen Burnie Bancorp Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 21	Dec 20	Dec 19	Dec 18
Other fees and commissions	$884.00K	-	-	-
Service charges on deposit accounts	$160.00K	-	-	-
Deposit Account	-	$176.00K	$255.00K	$248.00K
Financial Service Other	-	$672.00K	$874.00K	$774.00K

Glen Burnie Bancorp's latest annual revenue breakdown by geography, as of Dec 21: Other fees and commissions (84.67%), and Service charges on deposit accounts (15.33%).

Glen Burnie Bancorp Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CHCO	City Company	$341.43M	$98.03M
HTBI	HomeTrust Bancshares	$186.37M	$-145.70M
SMBK	SmartFinancial	$152.41M	$63.96M
FDBC	Fidelity D & D Bancorp	$105.45M	$27.30M
GLBZ	Glen Burnie Bancorp	$14.44M	$4.31M
CNNB	Cincinnati Bancorp	$12.85M	$2.37M
KFFB	Kentucky First Federal Bancorp	$9.16M	$4.62M

GLBZ Revenue FAQ

What is Glen Burnie Bancorp’s yearly revenue?

Glen Burnie Bancorp's yearly revenue for 2023 was $14.44M, representing an increase of 8.94% compared to 2022. The company's yearly revenue for 2022 was $13.25M, representing an increase of 1.49% compared to 2021. GLBZ's yearly revenue for 2021 was $13.06M, representing an increase of 0.14% compared to 2020.

What is Glen Burnie Bancorp’s quarterly revenue?

Glen Burnie Bancorp's quarterly revenue for Q3 2024 was $4.31M, a 4.33% increase from the previous quarter (Q2 2024), and a 32.42% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $4.13M, a 13.76% increase from the previous quarter (Q1 2024), and a 23.37% increase year-over-year (Q2 2023). GLBZ's quarterly revenue for Q1 2024 was $3.63M, a -2.70% decrease from the previous quarter (Q4 2023), and a 6.20% increase year-over-year (Q1 2023).

What is Glen Burnie Bancorp’s revenue growth rate?

Glen Burnie Bancorp's revenue growth rate for the last 3 years (2021-2023) was 10.56%, and for the last 5 years (2019-2023) was 4.81%.

What are Glen Burnie Bancorp’s revenue streams?

Glen Burnie Bancorp's revenue streams in c 21 are Service charges on deposit accounts, and Other fees and commissions. Service charges on deposit accounts generated $160K in revenue, accounting 15.33% of the company's total revenue Other fees and commissions generated $884K in revenue, accounting 84.67% of the company's total revenue

What is Glen Burnie Bancorp’s main source of revenue?

For the fiscal year ending Dec 21, the largest source of revenue of Glen Burnie Bancorp was Other fees and commissions. This segment made a revenue of $884K, representing 84.67% of the company's total revenue.