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GLBZGlen Burnie Bancorp
$4.55$13M
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  4. Financial Ratios

Glen Burnie Bancorp (GLBZ) Financial Ratios

Latest Ratios: P/E Ratio -459.6x · EV/EBITDA N/A · ROE -0.1%. (1996–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

GLBZ Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$13M$12M$17M$17M$24M$40M$31M$32M$29M$31M$32M
Enterprise Value$16M$15M$22M$32M$-6331724$-2302490$24M$44M$68M$38M$41M
P/E Ratio →-459.60——12.0013.6215.9118.6420.1818.6233.5228.75
P/S Ratio0.780.731.051.221.722.892.182.111.862.122.22
P/B Ratio0.620.580.950.891.481.120.840.910.860.910.95
P/FCF———13.8312.0711.8430.3112.227.468.9114.16
P/OCF——602.5512.3210.6810.9119.4710.857.088.4212.36

P/E links to full P/E history page with 30-year chart

GLBZ EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—0.861.402.27-0.46-0.171.682.874.332.632.87
EV / EBITDA———18.52-2.13-0.5610.8214.8024.5613.9318.72
EV / EBIT———21.32-3.19-0.7411.1221.5339.8921.0040.62
EV / FCF———25.66-3.22-0.6823.3316.6317.4011.0518.32

GLBZ Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin75.5%75.5%67.4%90.8%93.9%99.3%94.2%88.2%81.2%84.4%79.2%
Operating Margin-2.2%-2.2%-4.0%10.6%14.4%22.4%15.1%13.3%10.9%12.5%7.1%
Net Profit Margin-0.2%-0.2%-0.7%10.1%12.6%18.2%11.7%10.4%10.0%6.2%7.6%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE-0.1%-0.1%-0.6%8.1%6.7%6.9%4.6%4.6%4.6%2.7%3.2%
ROA-0.0%-0.0%-0.0%0.4%0.4%0.6%0.4%0.4%0.4%0.2%0.3%
ROIC-0.8%-0.8%-1.0%3.4%4.1%3.8%2.5%2.1%1.8%2.5%1.4%
ROCE-0.2%-0.2%-3.1%7.9%6.4%7.4%5.9%5.8%5.0%4.6%2.0%

GLBZ Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.190.191.681.550.020.560.810.701.620.590.59
Debt / EBITDA———17.360.134.8913.498.3819.777.289.05
Net Debt / Equity—0.100.310.76-1.87-1.18-0.190.331.150.220.28
Net Debt / EBITDA———8.54-10.10-10.32-3.243.9314.042.694.25
Debt / FCF———11.84-15.28-12.52-6.984.419.942.134.15
Interest Coverage-0.08-0.08-0.151.252.332.881.431.060.810.940.48

GLBZ Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio0.770.770.300.430.480.560.400.250.270.290.31
Quick Ratio0.770.770.300.430.480.560.400.250.270.290.31
Cash Ratio0.440.440.070.050.080.160.100.040.040.040.03
Asset Turnover—0.050.040.040.040.030.030.040.040.040.04
Inventory Turnover———————————
Days Sales Outstanding———————————

GLBZ Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield——5.1%6.7%4.8%2.9%3.6%3.5%3.8%3.6%3.5%
Payout Ratio———80.4%65.5%45.2%68.0%70.5%70.9%122.6%101.0%

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield———8.3%7.3%6.3%5.4%5.0%5.4%3.0%3.5%
FCF Yield———7.2%8.3%8.4%3.3%8.2%13.4%11.2%7.1%
Buyback Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Total Shareholder Yield0.0%0.0%5.1%6.7%4.8%2.9%3.6%3.5%3.8%3.6%3.5%
Shares Outstanding—$3M$3M$3M$3M$3M$3M$3M$3M$3M$3M

Key Metrics

Growth RegimeMixed
ProfitabilityNegative
Balance SheetStrained
Cash FlowDeteriorating
Top Statement Risk

Operational scale and efficiency

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2025Q4)

Deep Discount Reflects Profitability Struggles

As reported in recent financial filings, GLBZ trades at a P/B ratio of 0.62, a valuation level that suggests the market is pricing the institution as a distressed asset rather than a viable, long-term community banking franchise with sustainable earnings power.

The current discount to tangible book value indicates that investors are heavily discounting the bank's ability to generate a return on equity that exceeds its cost of capital. This valuation gap appears to reflect the market's skepticism regarding management's ability to pivot from its current negative profitability trajectory.

Negative ROE Driven by Overhead

Based on quarterly financial data, the bank's ROE has frequently dipped into negative territory, with a -0.5% reading in 2025Q4, illustrating that the institution is currently unable to cover its operating expenses through its core net interest income and limited fee-based revenue streams.

The DuPont decomposition reveals that the primary drag on profitability is an inability to scale revenue relative to a high fixed-cost base. Without a significant improvement in asset utilization or a reduction in non-interest expenses, the bank's return on equity will likely remain suppressed.

Efficiency Ratio Signals Structural Mismatch

According to the provided quarterly data, the efficiency ratio has consistently hovered near or above 70%, peaking at 79.3% in 2025Q2, which highlights a fundamental inability to manage operating costs in the face of a stagnant 0.8% net interest margin.

The persistent compression of the NIM suggests that the bank's funding costs are too sensitive to market rates, while its asset yields remain constrained by its local lending niche. This combination creates a structural barrier to achieving the operating leverage necessary for profitability.

Thin Buffers Limit Strategic Flexibility

As reported in recent financial statements, the equity-to-assets ratio has remained constrained between 5% and 6% over the last ten quarters, leaving the bank with minimal capital cushion to absorb potential credit losses or market-driven volatility in its investment portfolio.

These thin capital buffers suggest that the bank has limited capacity for organic growth or capital return to shareholders. Investors should monitor whether the bank will be forced to raise additional capital or further shrink its balance sheet to maintain regulatory compliance.

Misapplied P/E Multiples Obscure Reality

The P/E ratio is the most commonly misapplied metric for GLBZ, as the bank's recent negative earnings render the multiple mathematically meaningless and fail to capture the underlying value of its core deposit franchise in northern Anne Arundel County.

Relying on P/E volatility during periods of negative earnings obscures the bank's true economic value, which is better assessed through P/TBV and an analysis of its deposit base. Investors should prioritize tangible book value and efficiency trends over earnings-based multiples until the bank returns to consistent profitability.

Download Financial Ratios Data

Includes 30+ ratios · 30 years · Updated daily

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GLBZ — Frequently Asked Questions

Quick answers to the most common questions about buying GLBZ stock.

What is Glen Burnie Bancorp's P/E ratio?

Glen Burnie Bancorp's current P/E ratio is -459.6x. The historical average is 19.2x.

What is Glen Burnie Bancorp's ROE?

Glen Burnie Bancorp's return on equity (ROE) is -0.1%. The historical average is 6.2%.

Is GLBZ stock overvalued?

Based on historical data, Glen Burnie Bancorp is trading at a P/E of -459.6x. Compare with industry peers and growth rates for a complete picture.

What are Glen Burnie Bancorp's profit margins?

Glen Burnie Bancorp has 75.5% gross margin and -2.2% operating margin.