Old Line Bancshares: 3Q Earnings Snapshot

October 23, 2019 GMT

BOWIE, Md. (AP) _ Old Line Bancshares Inc. (OLBK) on Wednesday reported third-quarter earnings of $9.2 million.

The bank, based in Bowie, Maryland, said it had earnings of 54 cents per share.

The financial holding company posted revenue of $35.4 million in the period. Its revenue net of interest expense was $27.6 million, missing Street forecasts.

Old Line Bancshares shares have risen 16% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $30.52, an increase of almost 6% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OLBK at https://www.zacks.com/ap/OLBK