Glen Burnie Bancorp Operating Expenses Growth & History (GLBZ)

Glen Burnie Bancorp's operating expenses was $11.9M for fiscal 2024.

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Glen Burnie Bancorp annual operating expenses history

Glen Burnie Bancorp annual operating expenses

Fiscal yearPeriod endedOperating expensesChangeGrowth
20242024-12-31$11.9M$253,000+2.17%
20232023-12-31$11.6M$298,000+2.63%
20222022-12-31$11.3M$388,000+3.54%
20212021-12-31$11.0M−$744,000−6.36%
20202020-12-31$11.7M−$250,000−2.09%
20192019-12-31$11.9M$407,000+3.53%
20182018-12-31$11.5M$744,000+6.89%
20172017-12-31$10.8M−$57,000−0.53%
20162016-12-31$10.9M−$78,497−0.72%
20152015-12-31$10.9M−$481,762−4.22%
20142014-12-31$11.4M$299,015+2.69%
20132013-12-31$11.1M$317,925+2.95%
20122012-12-31$10.8M−$320,093−2.88%
20112011-12-31$11.1M−$62,911−0.56%
20102010-12-31$11.2M$183,472+1.67%
20092009-12-31$11.0M

Glen Burnie Bancorp operating expenses trends

Over the last five fiscal years, Glen Burnie Bancorp's operating expenses decreased from $11.9M to $11.9M, a change of −$55,000. The latest reported quarter, Q3 2025, shows $3.3M.

About the metric

What operating expenses mean

Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.

Calculation and source

SEC-reported and calculated operating expenses

TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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