Severn Bancorp Inc (NASDAQ:SVBI) to Release Quarterly Earnings on Tuesday
Severn Bancorp (NASDAQ:SVBI) last posted its earnings results on Wednesday, April 26th. The bank reported $0.06 earnings per share for the quarter. Severn Bancorp had a return on equity of 15.76% and a net margin of 38.35%. The business had revenue of $6.94 million during the quarter.
Severn Bancorp Inc (SVBI) traded down 1.0327% during mid-day trading on Friday, hitting $7.1207. The stock had a trading volume of 2,485 shares. Severn Bancorp Inc has a 12-month low of $6.00 and a 12-month high of $8.08. The company has a 50-day moving average of $7.24 and a 200-day moving average of $7.19. The firm has a market cap of $86.36 million, a PE ratio of 6.0653 and a beta of 0.82.
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About Severn Bancorp
Severn Bancorp, Inc is a savings and loan holding company. The Company conducts business through its subsidiaries, Severn Savings Bank, FSB (the Bank) and SBI Mortgage Company (SBI). The Bank offers a range of deposit products and originates mortgages in its market of Anne Arundel County, Maryland and in other parts of Maryland, Delaware and Virginia.
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