Howard Bancorp (HBMD) Reports Q2 EPS of $0.31

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Go back to Howard Bancorp (HBMD) Reports Q2 EPS of $0.31

Howard Bancorp, Inc. Announces Results for Second Quarter of 2015

July 17, 2015 8:54 AM EDT

ELLICOTT CITY, Md.--(BUSINESS WIRE)-- Howard Bancorp, Inc. (Nasdaq: HBMD), the parent company of Howard Bank (the Bank), today reported its financial results for the three month and six month periods ended June 30, 2015.

Highlights for the three and six month periods ended June 30, 2015 were as follows:

On June 2, 2015 Howard Bancorp successfully closed its private placement with a number of highly regarded institutional bank investors, including, locally based T. Rowe Price. This placement resulted in the issuance of 2,173,913 shares, which increased capital via gross proceeds of $25 million.... More