Revenue Update on Howard Bancorp Inc(NASDAQ:HBMD)

Howard Bancorp Inc(NASDAQ:HBMD) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Jul 21, 2016. Earnings per share were $0.22.

In a different note, On Apr 26, 2016, Merion Capital Group said it Upgrades its rating on Howard Bancorp Inc. The shares have been rated ‘Outperform’ by the firm.

Several Insider Transactions has been reported to the SEC. On Jul 15, 2016, Gary R Bozel (director) sold 125 shares at $0.00 per share price.Also, On May 17, 2016, James D Witty (EVP) purchased 1,000 shares at $12.95 per share price.On May 5, 2016, Karen D Mcgraw (director) purchased 1,541 shares at $12.97 per share price, according to the Form-4 filing with the securities and exchange commission.

Howard Bancorp Inc. is a bank holding company. The Company’s primary business is to own all of the capital stock of Howard Bank. Howard Bank is a trust company which has four operating subsidiaries three of which hold foreclosed real estate and the other of which owns and manages real estate that the Company uses for one of its branch locations and that also contains office and retail space. The Company offers its customers wire transfer services courier service for non-negotiable deposits automated teller machine (ATM) and check cards ATMs at all of its service branch locations safe deposit boxes at all service locations and credit cards through a third-party processor. Additionally it provides Internet banking services to its customers and merchant card services for its business customers.

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