Howard Bancorp (HBMD) Tops Q4 EPS by 2c

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Howard Bancorp, Inc. Reports Fourth Quarter and Full Year 2020 Results

January 27, 2021 4:01 PM EST

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 and the year ended December 31, 2020.

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

The Company reported net income of $4.5 million, or $0.24 per both basic and diluted common share, for the fourth quarter of 2020. This compares to net income of $5.9 million, or $0.31 per both basic and diluted common share, for the fourth quarter of 2019 and net income of $4.6... More