Howard Bancorp Inc. (HBMD) Announces Earnings Results
Howard Bancorp Inc. (NASDAQ:HBMD) announced its quarterly earnings results on Tuesday. The financial services provider reported $0.25 EPS for the quarter. Howard Bancorp had a net margin of 3.97% and a return on equity of 6.80%.
Howard Bancorp (NASDAQ:HBMD) opened at 13.35 on Wednesday. Howard Bancorp has a 52 week low of $11.65 and a 52 week high of $14.25. The company has a 50-day moving average of $13.34 and a 200-day moving average of $12.85. The firm has a market cap of $93.29 million, a price-to-earnings ratio of 47.85 and a beta of -0.07.
About Howard Bancorp
Howard Bancorp, Inc is the bank holding company of Howard Bank. The Company’s primary business is to own all of the capital stock of Howard Bank. The Company operates through Community Banking segment. Howard Bank is a trust company, which has approximately four operating subsidiaries. The Company offers a range of services to its customers, including wire transfer services, automated teller machine (ATM) and check cards, ATMs at all of its service branch locations, safe deposit boxes at all service locations and credit cards through a third-party processor.
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