Howard Bancorp (HBMD) Misses Q4 EPS by 1c
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Howard Bancorp, Inc. Reports 2018 Results
January 30, 2019 7:30 AM ESTBALTIMORE--(BUSINESS WIRE)-- Howard Bancorp, Inc. (Howard Bancorp or the Company) (Nasdaq: HBMD), the parent company of Howard Bank (Howard Bank or the Bank), today reported its financial results for the quarter and the year ended December 31, 2018. A summary of results for and other developments during the year ended December 31, 2018 are as follows:
On March 1, 2018, we completed our acquisition of First Mariner Bank (First Mariner) through the merger of First Mariner with and into our bank subsidiary Howard Bank. The aggregate merger consideration was $173.8 million. With the acquisition, total assets increased by $975 million, or 85%, to $2.12... More