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 Wednesday reported first-quarter earnings of $3.3 million.
The bank, based in Baltimore, said it had earnings of 18 cents per share. Earnings, adjusted for non-recurring gains, came to 14 cents per share.
The bank holding company posted revenue of $25.6 million in the period. Its revenue net of interest expense was $20.9 million, surpassing Street forecasts.
Howard Bancorp shares have decreased 30% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $11.77, a decline of 21% in the last 12 months.
Insight by PROPRICER: A new Federal News Network report demonstrates that DoD’s need for speed and accuracy means it has to update their acquisition processes and ensure it has quality data.
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 © 2020 . All rights reserved. This website is not intended for users located within the European Economic Area.