Harbor Bankshares Corporation

Company Profile

Harbor Bankshares Corporation had its IPO on under the ticker symbol HRBK.

The company operates in the Financial Services sector and Banks-Regional industry. Harbor Bankshares Corporation has a staff strength of 77 employees.

Stock update

Shares of Harbor Bankshares Corporation opened at $13.75 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $13.75 - $13.75, and closed at $13.75.

This is a 0% increase from the previous day's closing price.

A total volume of 0 shares were traded at the close of the day’s session.

In the last one week, shares of Harbor Bankshares Corporation have slipped by -0.87%.

Harbor Bankshares Corporation's Key Ratios

Harbor Bankshares Corporation has a market cap of $743132, indicating a price to book ratio of 0.0416 and a price to sales ratio of 0.0579.

In the last 12-months Harbor Bankshares Corporation’s revenue was $13.33 million with a gross profit of $12.59 million and an EBITDA of $0. The EBITDA ratio measures Harbor Bankshares Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Harbor Bankshares Corporation’s operating margin was 24.98% while its return on assets stood at 0.75% with a return of equity of 10.97%.

In Q3, Harbor Bankshares Corporation’s quarterly earnings growth was a negative -10.4% while revenue growth was a positive 19.9%.

Harbor Bankshares Corporation’s PE and PEG Ratio

Forward PE

0

Trailing PE

5.3027

PEG

0

Its diluted EPS in the last 12-months stands at $2.593 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Harbor Bankshares Corporation’s profitability.

Harbor Bankshares Corporation stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.0579.

Harbor Bankshares Corporation stock pays annual dividends of $0.5 per share, indicating a yield of 4.37% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$256.79 million

Total Liabilities

$231.72 million

Operating Cash Flow

$3.87 million

Capital Expenditure

$283000

Dividend Payout Ratio

0%

Harbor Bankshares Corporation ended 2024 with $256.79 million in total assets and $0 in total liabilities. Its intangible assets were valued at $256.79 million while shareholder equity stood at $17.85 million.

Harbor Bankshares Corporation ended 2024 with $0.00 in deferred long-term liabilities, $231.72 million in other current liabilities, 6000.00 in common stock, $11.84 million in retained earnings and $2.51 million in goodwill. Its cash balance stood at $11.56 million and cash and short-term investments were $11.56 million. The company’s total short-term debt was $0 while long-term debt stood at $7.22 million.

Harbor Bankshares Corporation’s total current assets stands at $16.58 million while long-term investments were $26.32 million and short-term investments were $0.00. Its net receivables were $5.03 million compared to accounts payable of $229.28 million and inventory worth $0.00.

In 2024, Harbor Bankshares Corporation's operating cash flow was $3.87 million while its capital expenditure stood at $283000.

Comparatively, Harbor Bankshares Corporation paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$13.75

52-Week High

$25.7126

52-Week Low

$9.8895

Analyst Target Price

$

Harbor Bankshares Corporation stock is currently trading at $13.75 per share. It touched a 52-week high of $25.7126 and a 52-week low of $25.7126. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $16.29 and 200-day moving average was $16.86 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 45.6% are held by institutions.