Company Quick10K Filing
Howard Bancorp
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 19 $283
10-Q 2019-11-08 Quarter: 2019-09-30
10-Q 2019-08-09 Quarter: 2019-06-30
10-Q 2019-05-10 Quarter: 2019-03-31
10-K 2019-03-15 Annual: 2018-12-31
10-Q 2018-11-07 Quarter: 2018-09-30
10-Q 2018-08-09 Quarter: 2018-06-30
10-Q 2018-05-10 Quarter: 2018-03-31
10-K 2018-03-15 Annual: 2017-12-31
10-Q 2017-11-07 Quarter: 2017-09-30
10-Q 2017-08-09 Quarter: 2017-06-30
10-Q 2017-05-10 Quarter: 2017-03-31
10-K 2017-03-16 Annual: 2016-12-31
10-Q 2016-11-14 Quarter: 2016-09-30
10-Q 2016-08-15 Quarter: 2016-06-30
10-Q 2016-05-12 Quarter: 2016-03-31
10-K 2016-03-30 Annual: 2015-12-31
10-Q 2015-11-16 Quarter: 2015-09-30
10-Q 2015-08-13 Quarter: 2015-06-30
10-Q 2015-05-14 Quarter: 2015-03-31
10-K 2015-03-27 Annual: 2014-12-31
10-Q 2014-11-13 Quarter: 2014-09-30
10-Q 2014-08-13 Quarter: 2014-06-30
10-Q 2014-05-14 Quarter: 2014-03-31
10-K 2014-03-27 Annual: 2013-12-31
10-Q 2013-11-14 Quarter: 2013-09-30
10-Q 2013-08-14 Quarter: 2013-06-30
10-Q 2013-05-15 Quarter: 2013-03-31
10-K 2013-03-27 Annual: 2012-12-31
10-Q 2012-11-09 Quarter: 2012-09-30
10-Q 2012-08-14 Quarter: 2012-06-30
10-Q 2012-06-27 Quarter: 2012-03-31
8-K 2020-02-06 Officers, Regulation FD, Exhibits
8-K 2020-01-21 Earnings, Regulation FD, Exhibits
8-K 2019-10-23 Earnings, Regulation FD, Exhibits
8-K 2019-07-24 Earnings, Regulation FD, Exhibits
8-K 2019-05-22 Amend Bylaw, Shareholder Vote, Exhibits
8-K 2019-04-23 Earnings, Regulation FD, Exhibits
8-K 2019-01-30 Regulation FD, Exhibits
8-K 2019-01-30 Earnings, Exhibits
8-K 2018-12-06 Enter Agreement, Off-BS Arrangement, Regulation FD, Other Events, Exhibits
8-K 2018-10-24 Earnings, Exhibits
8-K 2018-10-24 Regulation FD, Exhibits
8-K 2018-09-05 Regulation FD, Exhibits
8-K 2018-07-31 Regulation FD, Exhibits
8-K 2018-07-25 Earnings, Exhibits
8-K 2018-06-15 Officers, Exhibits
8-K 2018-05-23 Shareholder Vote
8-K 2018-04-30 Earnings, Exhibits
8-K 2018-02-26 M&A, Officers, Regulation FD, Exhibits
8-K 2018-01-24 Amend Bylaw, Exhibits
8-K 2018-01-22 Earnings, Exhibits

Howard Bancorp Financials

HBMD Metrics, Comps, Filings

Annual | Quarterly

Business

Howard Bank is a Maryland-chartered trust company that was formed in March 2004 and commenced banking operations in August 2004. Howard Bank has currently chosen not to seek and exercise trust powers, and our business, powers and regulatory structure are the same as a Maryland-chartered commercial bank. The Bank is subject to regulation, supervision and regular examination by the Maryland Office of the Commissioner of Financial Regulation (the “Commissioner”) and the Federal Deposit Insurance Corporation (“FDIC”), and our deposits are insured by the FDIC. The Bank has seven subsidiaries; six are intended to hold foreclosed real estate (three of which are inactive) and one owns and manages real estate that is used as a branch location that also has office and retail space.

Howard Bank is headquartered in Baltimore City, Maryland. We consider our primary market area to be the Greater Baltimore metropolitan area. We engage in a general commercial banking business, making various types of loans and accepting deposits. We market our financial services to small-and medium-sized businesses and their owners, professionals and executives, and high-net-worth individuals. Our loans are primarily funded by core deposits of customers in our market.

Our core business strategy involves driving organic growth by delivering advice and superior customer service to clients through local decision makers. We combine the Bank's specialized focus on both local markets and small- and medium-sized business related market segments with a broad array of products, new technology and seasoned banking professionals to position the Bank differently from most competitors. Our experienced executives establish a relationship with each client and bring value to all phases of a client's business and personal banking needs. To develop this strategy, we have established long-standing relationships with key customers in the community and with local business leaders who can create business opportunities.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Peoples Financial Services (PFIS) 312 7.1 1% 2,324 2,033 0 0 27 47 335
Marlin Business Services (MRLN) 298 0% 2.8 2% 1,280 1,074 12 0 24 54 150
Republic First Bancorp (FRBK) 295 0% 8.5 0% 2,941 2,690 7 0 5 35 295
SmartFinancial (SMBK) 294 1.9 1% 2,391 2,092 0 0 25 49 94
Central Valley Community Bancorp (CVCY) 289 7.1 1% 1,613 1,382 0 0 22 34 241
Howard Bancorp (HBMD) 283 0% 9.2 0% 2,296 1,992 3 0 10 34 311
CapStar Financial (CSTR) 282 0% 3.0 1% 2,018 1,756 4 0 13 42 126
Pacific City Financial (PCB) 278 0% 2.2 2% 1,726 1,503 2 0 26 65 144
Mutualfirst Financial (MFSF) 277 5.3 1% 2,091 1,874 0 0 22 46 244
Southern First Bancshares (SFST) 274 0% 2.9 1% 2,116 1,926 7 0 25 54 157
First Bancorp (FNLC) 273 4.7 1% 1,999 1,794 0 0 25 56 266
Baycom (BCML) 265 -0.3 1% 1,772 1,537 0 0 13 254 -86
FVCBankcorp (FVCB) 261 0% 7.4 1% 1,485 1,314 0 0 13 33 246
Reliant Bancorp (RBNC) 261 5.7 1% 1,794 1,580 0 0 16 39 225
ACNB (ACNB) 258 7.1 1% 1,679 1,498 0 0 24 37 260
Parke Bank (PKBK) 256 1.6 2% 1,550 1,383 0 0 28 57 89
Orrstown Financial (ORRF) 254 6.3 0% 2,400 2,180 0 0 11 35 220
AMES National (ATLO) 252 6.8 1% 1,469 1,285 0 0 18 33 229
First Choice Bancorp (FCBP) 250 0% 0.3 1% 1,730 1,476 2 0 23 45 12
National Bankshares (NKSH) 250 0% 11.9 1% 1,270 1,086 6 0 17 21 250

Balance Sheet ($MM)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash10211239
Accounts Receivable
Inventory
PP&E10141221201945
Assets475061981031,1502,267
Accounts Payable
Long-Term Debt121619302119144
Liabilities14516325171,0181,972
Stockholders' Equity4749609386132295
Income Statement ($MM)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue2
Cost of Revenue
Gross Profit
R&D
SG&A1123343
Tax-010333-1
Net Income2210157-4
Cash Flow ($MM)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating-0-0-0131755
Cash Investing-0-6311-160-143-31
Cash Financing80027-011549