Howard Bancorp (HBMD) Tops Q1 EPS by 2c

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Go back to Howard Bancorp (HBMD) Tops Q1 EPS by 2c

Howard Bancorp, Inc. Reports First Quarter 2019 Results

April 23, 2019 4:15 PM EDT

BALTIMORE--(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 ended March 31, 2019. A summary of results for and other developments during the first quarter of 2019 is as follows:

Net income was $4.3 million for the three months ended March 31, 2019, compared to $146 thousand for the three month period ended December 31, 2018, and a net loss of $5.7 million for the first three months of 2018.Earnings were $0.22 per basic and diluted common share for the... More