Old Line Bancshares Inc (OLBK) Files 10-K for the Fiscal Year Ended on December 31, 2018

Old Line Bancshares Inc (OLBK, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Old Line Bancshares Inc is a bank holding company. The firm through its subsidiary provides general banking and financial services to small and medium-sized businesses, entrepreneurs, professionals, consumers and high net worth clients. Old Line Bancshares Inc has a market cap of $464.340 million; its shares were traded at around $27.33 with a P/E ratio of 15.90 and P/S ratio of 4.37. The dividend yield of Old Line Bancshares Inc stocks is 1.38%.

For the last quarter Old Line Bancshares Inc reported a revenue of $28.3 million, compared with the revenue of $19.04 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $101.9 million, an increase of 45.7% from last year. For the last five years Old Line Bancshares Inc had an average revenue growth rate of 15.2% a year.

The reported diluted earnings per share was $1.71 for the year, an increase of 26.7% from previous year. Over the last five years Old Line Bancshares Inc had an EPS growth rate of 18.2% a year. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, Old Line Bancshares Inc has the cash and cash equivalents of $43.5 million, compared with $34.9 million in the previous year. The long term debt was $38.4 million, compared with $38.1 million in the previous year. Old Line Bancshares Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $27.33, Old Line Bancshares Inc is traded at 48.8% premium to its historical median P/S valuation band of $18.37. The P/S ratio of the stock is 4.37, while the historical median P/S ratio is 2.95. The stock lost 18.38% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Jeffrey A Rivest bought 1,005 shares of OLBK stock on 03/12/2019 at the average price of $27. The price of the stock has increased by 1.22% since.
  • Director Suhas R Shah bought 182 shares of OLBK stock on 03/11/2019 at the average price of $26.91. The price of the stock has increased by 1.56% since.
  • Director Gail D Manuel bought 375 shares of OLBK stock on 02/22/2019 at the average price of $28.66. The price of the stock has decreased by 4.64% since.
  • Director Gregory S Jr Proctor bought 1,000 shares of OLBK stock on 02/22/2019 at the average price of $28.69. The price of the stock has decreased by 4.74% since.
  • Director Thomas H Graham bought 2,000 shares of OLBK stock on 02/21/2019 at the average price of $27.43. The price of the stock has decreased by 0.36% since.

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