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Howard Bancorp: Q4 Earnings Insights


Benzinga | Jan 27, 2021 04:24PM EST

Howard Bancorp: Q4 Earnings Insights

Shares of Howard Bancorp (NASDAQ:HBMD) were unchanged in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were up 7.41% over the past year to $0.29, which beat the estimate of $0.27.

Revenue of $19,685,000 up by 14.00% year over year, which beat the estimate of $18,550,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Howard Bancorp hasn't issued any revenue guidance for the time being.

Technicals

52-week high: $18.87

52-week low: $8.44

Price action over last quarter: Up 26.13%

Company Overview

Howard Bancorp Inc is a diversified financial services company. The company segmented its operating activities into one reportable segment, Community Banking. It provides commercial banking, mortgage banking, and consumer finance through banking branches, the internet and other distribution channels to businesses, business owners, professionals and other consumers located primarily in the Greater Baltimore Metropolitan Area. The company's primary market focus is on making loans to and gathering deposits from small and medium-sized businesses, professionals and high-net-worth individuals.






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