Howard Bancorp (HBMD) Reports In-Line Q1 EPS

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Howard Bancorp, Inc. Reports First Quarter 2021 Results

April 21, 2021 4:01 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 March 31, 2021.

First Quarter 2021 Highlights

Strong net income growth: Net income, of $6.2 million for the quarter, was up 86% from first quarter of 2020 and up 39% from fourth quarter of 2020 Core net income, 1 of $6.2 million for the quarter, was up 134% from first quarter of 2020 and up 13% from fourth quarter of... More