Howard Bancorp (HBMD) Tops Q3 EPS by 6c

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Howard Bancorp, Inc. Reports Third Quarter 2020 Results

October 28, 2020 4:06 PM EDT

BALTIMORE--(BUSINESS WIRE)-- Howard Bancorp, Inc. (NASDAQ: HBMD) (Howard Bancorp or the Company), the parent company of Howard Bank (Howard Bank or the Bank), today reported its financial results for the quarter ended September 30, 2020.

Net Income (Loss) and Income (Loss) per Share

The Company reported net income of $4.6 million, or $0.25 per both basic and diluted common share, for the third quarter of 2020. This compares to net income of $4.6 million, or $0.24 per both basic and diluted common share, for the third quarter of 2019 and a net loss of $29.4 million,... More