Glen Historical Income Statement

GLBZ Stock  USD 6.00  0.05  0.83%   
Historical analysis of Glen Burnie income statement accounts such as Selling General Administrative of 6.9 M or Total Revenue of 14.3 M can show how well Glen Burnie Bancorp performed in making a profits. Evaluating Glen Burnie income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Glen Burnie's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Glen Burnie Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Glen Burnie Bancorp is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glen Burnie Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

About Glen Income Statement Analysis

Glen Burnie Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Glen Burnie shareholders. The income statement also shows Glen investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Glen Burnie Income Statement Chart

At this time, Glen Burnie's Net Interest Income is fairly stable compared to the past year.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Glen Burnie Bancorp minus its cost of goods sold. It is profit before Glen Burnie operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Glen Burnie Bancorp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Glen Burnie Bancorp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Glen Burnie's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Glen Burnie Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glen Burnie Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, Glen Burnie's Net Interest Income is fairly stable compared to the past year.
 2023 2024 (projected)
Interest Expense1.2M1.1M
Depreciation And Amortization119K113.1K

Glen Burnie income statement Correlations

0.33-0.030.40.810.910.270.270.30.380.260.79-0.61-0.530.350.240.52-0.03-0.610.490.63
0.33-0.78-0.440.550.55-0.64-0.59-0.65-0.450.170.47-0.28-0.840.850.620.74-0.09-0.550.240.31
-0.03-0.780.68-0.11-0.120.750.680.790.67-0.01-0.10.080.57-0.49-0.45-0.270.220.330.06-0.18
0.4-0.440.680.390.370.880.880.771.00.280.44-0.10.21-0.10.00.13-0.110.02-0.050.05
0.810.55-0.110.390.970.130.150.10.380.520.87-0.28-0.70.660.40.82-0.16-0.640.270.43
0.910.55-0.120.370.970.150.160.150.360.380.9-0.48-0.720.620.410.78-0.07-0.70.410.58
0.27-0.640.750.880.130.150.980.940.88-0.10.32-0.090.47-0.270.0-0.070.140.13-0.02-0.01
0.27-0.590.680.880.150.160.980.860.88-0.050.36-0.110.44-0.190.11-0.040.00.1-0.040.01
0.3-0.650.790.770.10.150.940.860.77-0.20.26-0.110.44-0.37-0.18-0.110.410.090.10.03
0.38-0.450.671.00.380.360.880.880.770.280.43-0.080.22-0.090.00.13-0.110.03-0.080.03
0.260.17-0.010.280.520.38-0.1-0.05-0.20.280.120.27-0.240.17-0.120.24-0.63-0.09-0.10.05
0.790.47-0.10.440.870.90.320.360.260.430.12-0.43-0.620.690.640.81-0.01-0.690.290.54
-0.61-0.280.08-0.1-0.28-0.48-0.09-0.11-0.11-0.080.27-0.430.29-0.23-0.29-0.22-0.180.4-0.72-0.6
-0.53-0.840.570.21-0.7-0.720.470.440.440.22-0.24-0.620.29-0.75-0.39-0.740.170.75-0.23-0.37
0.350.85-0.49-0.10.660.62-0.27-0.19-0.37-0.090.170.69-0.23-0.750.820.92-0.13-0.590.120.28
0.240.62-0.450.00.40.410.00.11-0.180.0-0.120.64-0.29-0.390.820.68-0.05-0.330.120.27
0.520.74-0.270.130.820.78-0.07-0.04-0.110.130.240.81-0.22-0.740.920.680.03-0.650.140.33
-0.03-0.090.22-0.11-0.16-0.070.140.00.41-0.11-0.63-0.01-0.180.17-0.13-0.050.030.090.270.14
-0.61-0.550.330.02-0.64-0.70.130.10.090.03-0.09-0.690.40.75-0.59-0.33-0.650.09-0.26-0.46
0.490.240.06-0.050.270.41-0.02-0.040.1-0.08-0.10.29-0.72-0.230.120.120.140.27-0.260.51
0.630.31-0.180.050.430.58-0.010.010.030.030.050.54-0.6-0.370.280.270.330.14-0.460.51
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Glen Burnie Account Relationship Matchups

Glen Burnie income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization925K1.1M932K400K119K113.1K
Interest Expense1.9M1.5M1.1M853K1.2M1.1M
Selling General Administrative7.2M7.1M6.9M6.7M7.3M6.9M
Total Revenue13.8M13.0M13.1M13.3M12.9M14.3M
Ebit2.1M(586K)(569K)(512K)1.5M1.4M
Ebitda3.0M(186K)(169K)(112K)(163K)(154.9K)
Income Before Tax2.1M2.2M3.1M2.0M1.5M2.1M
Net Income1.6M1.7M2.5M1.7M1.4M1.8M
Income Tax Expense452K491K577K240K72K68.4K
Gross Profit13.8M13.0M13.1M13.3M12.9M14.5M
Other Operating Expenses11.7M(10.9M)(10.0M)1.1M12.9M13.5M
Operating Income2.1M2.2M3.1M2.8M1.7M1.6M
Total Operating Expenses(11.7M)(10.9M)(10.0M)1.1M11.6M12.2M
Total Other Income Expense Net2.1M(186K)3.9M(112K)1.5M1.6M
Net Income Applicable To Common Shares1.6M1.7M2.5M1.7M1.6M1.7M
Net Income From Continuing Ops1.6M1.7M2.5M1.7M1.4M1.5M
Selling And Marketing Expenses104K107K88K86K97K110.2K
Tax Provision452K491K577K240K72K68.4K
Net Interest Income12.6M12.2M12.4M11.9M12.1M13.2M
Interest Income14.5M13.7M13.5M12.7M13.3M10.9M
Reconciled Depreciation932K59K995K994K119K113.1K

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When running Glen Burnie's price analysis, check to measure Glen Burnie's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Glen Burnie is operating at the current time. Most of Glen Burnie's value examination focuses on studying past and present price action to predict the probability of Glen Burnie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glen Burnie's price. Additionally, you may evaluate how the addition of Glen Burnie to your portfolios can decrease your overall portfolio volatility.