Howard Bancorp: Q2 Earnings Insights

Shares of Howard Bancorp HBMD were unchanged after the company reported Q2 results.

Quarterly Results

Earnings per share were down 20.00% year over year to $0.20, which beat the estimate of $0.16.

Revenue of $18,119,000 rose by 4.41% from the same period last year, which beat the estimate of $17,960,000.

Guidance

Howard Bancorp hasn't issued any earnings guidance for the time being.

Howard Bancorp hasn't issued any revenue guidance for the time being.

Recent Stock Performance

52-week high: $19.20

Company's 52-week low was at $8.44

Price action over last quarter: down 10.47%

Company Overview

Howard Bancorp Inc is a diversified financial services company. The company segmented its operating activities into one reportable segment, Community Banking. It provides commercial banking, mortgage banking, and consumer finance through banking branches, the internet and other distribution channels to businesses, business owners, professionals and other consumers located primarily in the Greater Baltimore Metropolitan Area. The company's primary market focus is on making loans to and gathering deposits from small and medium-sized businesses, professionals and high-net-worth individuals.