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Glen Burnie Bancorp Announces Third Quarter 2025 Results

Highlights for the Third Quarter of 2025: Net income of 125,000or125,000 or 0.04 per diluted EPS during the third quarter of 2025, an improvement of 337,000onalinkedquarterbasis,andnetincomeof337,000 on a linked quarter basis, and net income of 66,000 or 0.02perdilutedEPSfortheninemonthperiodendingSeptember30,2025,animprovementof0.02 per diluted EPS for the nine-month period ending September 30, 2025, an improvement of 138,000 from the previous year’s nine-month period loss of $72,000.Net interest margin on a tax equivalent basis increased to 3.24% with a margin expansion of 11 basis points during the third quarter of 2025 com ...