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Howard Bancorp Inc (HBMD) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Howard Bancorp Inc (HBMD) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Howard Bancorp Inc is a bank holding company. The company, through its wholly-owned subsidiary, provides commercial banking, mortgage banking, and consumer finance through banking branches, the internet and other distribution channels. Howard Bancorp Inc has a market cap of $263.130 million; its shares were traded at around $13.82 with and P/S ratio of 2.69.


For the last quarter Howard Bancorp Inc reported a revenue of $21.6 million, compared with the revenue of $14.54 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $84.2 million, an increase of 46.8% from last year. For the last five years Howard Bancorp Inc had an average revenue growth rate of 28.9% a year.

The reported loss per diluted share was 22 cents for the year, compared with the earnings per share of $0.73 in the previous year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Howard Bancorp Inc has the cash and cash equivalents of $101.0 million, compared with $28.9 million in the previous year. The long term debt was $277.2 million, compared with $18.5 million in the previous year. Howard Bancorp Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $13.82, Howard Bancorp Inc is traded at 40.7% premium to its historical median P/S valuation band of $9.82. The P/S ratio of the stock is 2.69, while the historical median P/S ratio is 1.90. The stock lost 29.44% during the past 12 months.

For the complete 20-year historical financial data of HBMD, click here.

This article first appeared on GuruFocus.