Glen Burnie Bancorp
Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company offers savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, IRA and SEP accounts, and certificates of deposit. It also provides residential and… Read more
Glen Burnie Bancorp (GLBZ) - Net Assets
Latest net assets as of September 2025: $20.73 Million USD
Based on the latest financial reports, Glen Burnie Bancorp (GLBZ) has net assets worth $20.73 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($351.79 Million) and total liabilities ($331.06 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $20.73 Million |
| % of Total Assets | 5.89% |
| Annual Growth Rate | -0.51% |
| 5-Year Change | -51.97% |
| 10-Year Change | -47.87% |
| Growth Volatility | 16.67 |
Glen Burnie Bancorp - Net Assets Trend (1996–2024)
This chart illustrates how Glen Burnie Bancorp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Glen Burnie Bancorp (1996–2024)
The table below shows the annual net assets of Glen Burnie Bancorp from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $17.82 Million | -7.80% |
| 2023-12-31 | $19.32 Million | +20.37% |
| 2022-12-31 | $16.05 Million | -55.05% |
| 2021-12-31 | $35.72 Million | -3.71% |
| 2020-12-31 | $37.09 Million | +3.96% |
| 2019-12-31 | $35.68 Million | +4.78% |
| 2018-12-31 | $34.05 Million | +0.03% |
| 2017-12-31 | $34.04 Million | +0.67% |
| 2016-12-31 | $33.81 Million | -1.06% |
| 2015-12-31 | $34.18 Million | +1.02% |
| 2014-12-31 | $33.83 Million | +7.11% |
| 2013-12-31 | $31.58 Million | -5.96% |
| 2012-12-31 | $33.59 Million | +7.61% |
| 2011-12-31 | $31.21 Million | +18.53% |
| 2010-12-31 | $26.33 Million | +4.70% |
| 2009-12-31 | $25.15 Million | -9.88% |
| 2008-12-31 | $27.91 Million | -6.15% |
| 2007-12-31 | $29.74 Million | +5.45% |
| 2006-12-31 | $28.20 Million | +5.92% |
| 2005-12-31 | $26.62 Million | +3.42% |
| 2004-12-31 | $25.74 Million | -11.54% |
| 2003-12-31 | $29.10 Million | +8.01% |
| 2002-12-31 | $26.94 Million | +17.07% |
| 2001-12-31 | $23.02 Million | +3.05% |
| 2000-12-31 | $22.34 Million | +47.90% |
| 1999-12-31 | $15.10 Million | +6.59% |
| 1998-12-31 | $14.17 Million | -25.29% |
| 1997-12-31 | $18.96 Million | -7.66% |
| 1996-12-31 | $20.54 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Glen Burnie Bancorp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 344.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $22.88 Million | 128.43% |
| Common Stock | $2.90 Million | 16.28% |
| Other Comprehensive Income | $-19.00 Million | -106.66% |
| Other Components | $11.04 Million | 61.95% |
| Total Equity | $17.82 Million | 100.00% |
Glen Burnie Bancorp Competitors by Market Cap
The table below lists competitors of Glen Burnie Bancorp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eastern Commercial Leasing Public Company Limited
BK:ECL
|
$11.11 Million |
|
Nigbas Nigde Beton Sanayi ve Ticaret AS
IS:NIBAS
|
$11.12 Million |
|
Gopeng Bhd
KLSE:2135
|
$11.12 Million |
|
Long An Food Processing Export JSC
VN:LAF
|
$11.12 Million |
|
Amani Gold Ltd
AU:ANL
|
$11.11 Million |
|
N2N Connect Bhd
KLSE:0108
|
$11.11 Million |
|
Intumit, Inc.
TWO:7547
|
$11.11 Million |
|
Guardforce AI Co Ltd
NASDAQ:GFAI
|
$11.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Glen Burnie Bancorp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,325,000 to 17,817,000, a change of -1,508,000 (-7.8%).
- Net loss of 112,000 reduced equity.
- Dividend payments of 865,000 reduced retained earnings.
- Other comprehensive income decreased equity by 622,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-112.00K | -0.63% |
| Dividends Paid | $865.00K | -4.85% |
| Other Comprehensive Income | $-622.00K | -3.49% |
| Other Changes | $91.00K | +0.51% |
| Total Change | $- | -7.80% |
Book Value vs Market Value Analysis
This analysis compares Glen Burnie Bancorp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.76x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $6.99 | $4.70 | x |
| 1997-12-31 | $5.58 | $4.70 | x |
| 1998-12-31 | $3.61 | $4.70 | x |
| 1999-12-31 | $5.33 | $4.70 | x |
| 2000-12-31 | $6.03 | $4.70 | x |
| 2001-12-31 | $6.23 | $4.70 | x |
| 2002-12-31 | $7.54 | $4.70 | x |
| 2003-12-31 | $9.89 | $4.70 | x |
| 2004-12-31 | $7.32 | $4.70 | x |
| 2005-12-31 | $7.53 | $4.70 | x |
| 2006-12-31 | $9.50 | $4.70 | x |
| 2007-12-31 | $9.95 | $4.70 | x |
| 2008-12-31 | $9.36 | $4.70 | x |
| 2009-12-31 | $9.13 | $4.70 | x |
| 2010-12-31 | $9.79 | $4.70 | x |
| 2011-12-31 | $11.51 | $4.70 | x |
| 2012-12-31 | $12.31 | $4.70 | x |
| 2013-12-31 | $11.52 | $4.70 | x |
| 2014-12-31 | $12.28 | $4.70 | x |
| 2015-12-31 | $12.34 | $4.70 | x |
| 2016-12-31 | $12.16 | $4.70 | x |
| 2017-12-31 | $12.18 | $4.70 | x |
| 2018-12-31 | $12.13 | $4.70 | x |
| 2019-12-31 | $12.65 | $4.70 | x |
| 2020-12-31 | $13.08 | $4.70 | x |
| 2021-12-31 | $12.54 | $4.70 | x |
| 2022-12-31 | $5.61 | $4.70 | x |
| 2023-12-31 | $6.73 | $4.70 | x |
| 2024-12-31 | $6.16 | $4.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Glen Burnie Bancorp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.70%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 20.15x
- Recent ROE (-0.63%) is below the historical average (6.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | -8.41% | -10.10% | 0.07x | 11.99x | $-3.78 Million |
| 1997 | 3.94% | 8.39% | 0.04x | 12.23x | $-1.15 Million |
| 1998 | 5.88% | 8.57% | 0.04x | 15.36x | $-583.68K |
| 1999 | 9.57% | 7.87% | 0.09x | 14.13x | $-64.85K |
| 2000 | 13.24% | 11.17% | 0.09x | 13.92x | $556.79K |
| 2001 | 9.66% | 9.07% | 0.07x | 14.74x | $-60.92K |
| 2002 | 12.90% | 14.75% | 0.07x | 12.82x | $632.14K |
| 2003 | 12.85% | 17.26% | 0.06x | 12.62x | $682.31K |
| 2004 | 11.86% | 16.94% | 0.06x | 11.74x | $479.56K |
| 2005 | 10.42% | 15.24% | 0.06x | 11.51x | $112.50K |
| 2006 | 9.65% | 13.67% | 0.06x | 11.27x | $-100.01K |
| 2007 | 9.36% | 13.91% | 0.07x | 10.33x | $-191.47K |
| 2008 | 1.45% | 2.00% | 0.06x | 11.91x | $-2.39 Million |
| 2009 | 5.02% | 6.01% | 0.06x | 14.05x | $-1.25 Million |
| 2010 | 7.84% | 10.28% | 0.06x | 13.18x | $-568.48K |
| 2011 | 9.59% | 15.57% | 0.05x | 11.70x | $-127.99K |
| 2012 | 7.93% | 15.11% | 0.05x | 11.54x | $-693.62K |
| 2013 | 8.28% | 15.13% | 0.05x | 11.94x | $-544.22K |
| 2014 | 5.66% | 11.14% | 0.04x | 11.66x | $-1.47 Million |
| 2015 | 3.96% | 8.14% | 0.04x | 11.43x | $-2.06 Million |
| 2016 | 3.26% | 7.64% | 0.04x | 11.49x | $-2.28 Million |
| 2017 | 2.68% | 6.25% | 0.04x | 11.44x | $-2.49 Million |
| 2018 | 4.65% | 10.04% | 0.04x | 12.13x | $-1.82 Million |
| 2019 | 4.48% | 10.38% | 0.04x | 10.79x | $-1.97 Million |
| 2020 | 4.50% | 11.66% | 0.03x | 11.31x | $-2.04 Million |
| 2021 | 7.04% | 18.25% | 0.03x | 12.38x | $-1.06 Million |
| 2022 | 10.87% | 12.64% | 0.04x | 23.76x | $139.60K |
| 2023 | 7.39% | 10.13% | 0.04x | 18.21x | $-503.50K |
| 2024 | -0.63% | -0.70% | 0.04x | 20.15x | $-1.89 Million |
Industry Comparison
This section compares Glen Burnie Bancorp's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Glen Burnie Bancorp (GLBZ) | $20.73 Million | -8.41% | 15.97x | $11.11 Million |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |