Old Line Bancshares: 2Q Earnings Snapshot
BOWIE, Md. (AP) _ Old Line Bancshares Inc. (OLBK) on Tuesday reported second-quarter profit of $8.9 million.
The bank, based in Bowie, Maryland, said it had earnings of 52 cents per share.
The financial holding company posted revenue of $35 million in the period. Its revenue net of interest expense was $26.7 million, falling short of Street forecasts.
Old Line Bancshares shares have dropped nearly 1% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $26.09, a decrease of 26% in the last 12 months.