Howard Bancorp

Howard Bancorp, Inc. is the holding company for Howard Bank. The Bank's primary market focus is on making loans to and gathering deposits from small and medium size businesses and their owners, professionals and executives, and high-net-worth individuals in our primary market area. Its lending activities consist generally of short to medium term commercial lending, commercial mortgage lending for both owner occupied and investor properties, residential mortgage lending and consumer lending, both secured and unsecured. Howard Bank offers a range of services including wire transfer services, ATM and check cards, safe deposit boxes and credit cards through a third party processor. Additionally, the Bank provides Internet banking capabilities and merchant card services for its business customers.

Company Growth (employees)
Type
Public
HQ
Ellicott City, US
Founded
2005
Size (employees)
293 (est)+37%
Howard Bancorp was founded in 2005 and is headquartered in Ellicott City, US

Howard Bancorp Office Locations

Howard Bancorp has an office in Ellicott City
Ellicott City, US (HQ)
370 6011 University Blvd

Howard Bancorp Data and Metrics

Howard Bancorp Financial Metrics

Howard Bancorp's revenue was reported to be $14.3 m in Q1, 2017
USD

Revenue (Q1, 2017)

14.3 m

Gross profit (Q1, 2017)

13.2 m

Gross profit margin (Q1, 2017), %

92%

Net income (Q1, 2017)

1.6 m

EBIT (Q1, 2017)

8.8 m

Market capitalization (21-Sep-2017)

207.8 m

Cash (31-Mar-2017)

48.5 m
Howard Bancorp's current market capitalization is $207.8 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

17.7 m23.4 m33.3 m53.5 m

Revenue growth, %

32%43%60%

Cost of goods sold

1.9 m2.4 m3.1 m4.6 m

Gross profit

15.8 m21 m30.3 m49 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

7.5 m8 m9.8 m10.9 m11.7 m12.5 m14.1 m14.2 m14.3 m

Cost of goods sold

568 k648 k659 k685 k808 k969 k1.2 m1.2 m1.1 m

Gross profit

6.9 m7.3 m9.1 m10.2 m10.9 m11.5 m12.9 m13 m13.2 m

Gross profit Margin, %

92%92%93%94%93%92%92%92%92%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

35.7 m24.5 m38.3 m39.4 m

Goodwill

603 k603 k

Total Assets

499.9 m691.4 m946.8 m1 b

Accounts Payable

808.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

26.6 m17.7 m28.5 m29 m18.3 m55 m32.8 m43.9 m48.5 m

Goodwill

1.1 m603 k603 k603 k603 k

Total Assets

533.5 m574.4 m710.5 m746.9 m924.5 m990.4 m988.8 m1 b1 b

Accounts Payable

422.3 m451.9 m580.7 m575.7 m742.8 m803.2 m798.1 m803.8 m852 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

2 m10.4 m1.1 m5.3 m

Depreciation and Amortization

599 k734 k1 m1.2 m

Cash From Operating Activities

740 k(31.1 m)(7.4 m)2.8 m

Cash From Investing Activities

(62.6 m)11.4 m(33.8 m)(79.2 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

1 m1.2 m649 k1.4 m655 k960 k2.6 m4.3 m1.6 m

Depreciation and Amortization

351 k537 k213 k446 k712 k305 k613 k927 k317 k

Cash From Operating Activities

(23.1 m)(30.9 m)(8.3 m)(24.5 m)(21.9 m)10.7 m1.7 m7.9 m21.2 m

Cash From Investing Activities

(18 m)(41.1 m)(7.2 m)(27.9 m)(16 m)(37.2 m)(47.8 m)(67.1 m)(30.6 m)
USDY, 2017

Revenue/Employee

66.9 k

Financial Leverage

8.3 x
Show all financial metrics

Howard Bancorp Market Value History

Traffic Overview of Howard Bancorp

Howard Bancorp Online and Social Media Presence

Howard Bancorp Company Life and Culture

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