Copyright 2019 Hubbard Radio Washington DC, LLC. All rights reserved. This website is not intended for users located within the European Economic Area.
BALTIMORE (AP) _ Howard Bancorp Inc. (HBMD) on Tuesday reported first-quarter net income of $4.3 million, after reporting a loss in the same period a year earlier.
The Baltimore-based bank said it had earnings of 22 cents per share.
The bank holding company posted revenue of $27.3 million in the period. Its revenue net of interest expense was $22 million, beating Street forecasts.
Howard Bancorp shares have risen slightly since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $14.33, a decline of 26 percent in the last 12 months.
Insight by the Trezza Media Group: Technology experts explore the use of IoT devices in this free webinar.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HBMD at https://www.zacks.com/ap/HBMD
Copyright © 2019 The Associated Press. All rights reserved. This website is not intended for users located within the European Economic Area.