Glen Burnie Bancorp (GLBZ) Revenue & Revenue Breakdown
Glen Burnie Bancorp Revenue Highlights
Latest Revenue (Y)
$14.44M
Latest Revenue (Q)
$4.13M
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 |
|---|---|---|
| 2024-06-30 | $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 $4.13M in revenue during Q2 2024, up 13.76% compared to the previous quarter, and up 120.81% 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 | $341.43M | $94.53M |
| HTBI | HomeTrust Bancshares | $186.37M | $73.53M |
| SMBK | SmartFinancial | $152.41M | $61.28M |
| FDBC | Fidelity D & D Bancorp | $105.45M | $30.65M |
| GLBZ | Glen Burnie Bancorp | $14.44M | $4.13M |
| CNNB | Cincinnati Bancorp | $12.85M | $2.37M |
| KFFB | Kentucky First Federal Bancorp | $9.16M | $4.23M |
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 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). The company'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). GLBZ's quarterly revenue for Q4 2023 was $3.74M, a 14.68% increase from the previous quarter (Q3 2023), and a -2.94% decrease year-over-year (Q4 2022).
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.