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OLBK - Old Line Bancshares, Inc.


OLBK Stock Chart

OLBK Profile

Old Line Bancshares, Inc. logo

Old Line Bancshares, Inc. (OLBK) is a bank holding company that provides banking services to individuals and businesses in Maryland, Virginia, and Washington, D.C. Here's an extended company report for Old Line Bancshares, Inc.:

Old Line Bancshares, Inc. was founded in 1989 and is headquartered in Bowie, Maryland. The company operates as the holding company for Old Line Bank, which provides a range of commercial and retail banking services to customers in Maryland, Virginia, and Washington, D.C. The bank offers various deposit products, including checking accounts, savings accounts, money market accounts, and certificates of deposit, as well as loans, mortgages, and other financial services.

As of December 31, 2021, Old Line Bancshares had total assets of approximately $4.6 billion and total deposits of approximately $3.9 billion. The company operates through 39 branches located throughout Maryland, Virginia, and Washington, D.C. Old Line Bank's lending activities are focused on commercial real estate loans, commercial and industrial loans, residential mortgages, and consumer loans.

Old Line Bancshares' mission is to provide exceptional service to its customers and to be a valued member of the communities it serves. The company's core values include integrity, respect, accountability, teamwork, and community involvement. Old Line Bank has received numerous awards for its commitment to customer service and community involvement.

The company's stock is traded on the NASDAQ Global Select Market under the ticker symbol OLBK. As of March 18, 2023, the stock had a market capitalization of approximately $634 million. The company has a dividend yield of approximately 1.54% and has a long history of paying dividends to its shareholders.

Old Line Bancshares faces a variety of risks, including credit risk, interest rate risk, liquidity risk, and operational risk. The company's ability to manage these risks effectively will be important to its long-term success.

In conclusion, Old Line Bancshares, Inc. is a bank holding company that provides banking services to individuals and businesses in Maryland, Virginia, and Washington, D.C. The company's focus on providing exceptional service to its customers and being a valued member of the communities it serves has helped it become a trusted provider of banking and financial services. Old Line Bancshares faces a variety of risks, and its ability to manage these risks effectively will be important to its long-te



 

 
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