Glen Burnie Bancorp (GLBZ) Operating Expenses (2010 - 2025)
Glen Burnie Bancorp (GLBZ) recorded Operating Expenses of $3.27 million in Q3 2025, up 9.4% from $2.99 million a year earlier.
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Glen Burnie Bancorp (GLBZ) Operating Expenses (2010 - 2025) Analysis & Trends
On a TTM basis, Glen Burnie Bancorp's Operating Expenses came in at $12.3 million as of Sep 30, 2025, up 5.1% year-over-year; for FY2024, it was $11.89 million, up 2.2% from FY2023.
- Annual Operating Expenses has increased for three straight years, though with a five-year compound annual growth rate of -0.1% (FY2019 to FY2024).
- Across earlier years, Operating Expenses came in at $11.64 million in FY2023 (+2.6%), $11.34 million in FY2022 (+3.5%), $10.95 million in FY2021 (-6.4%) and $11.7 million in FY2020 (-2.1%).
- The Q3 2025 figure is the highest quarterly Operating Expenses in data going back to Q2 2010.
- On a year-over-year basis, Operating Expenses rose in four of the last seven quarters, with growth averaging 3.5%.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 10.0% in Q4 2024, against a decline of 16.3% in Q4 2021 at the low end.
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 3.27 Mn |
| Mar 31, 2025 | 2.79 Mn |
| Dec 31, 2024 | 3.24 Mn |
| Sep 30, 2024 | 2.99 Mn |
| Jun 30, 2024 | 2.89 Mn |
| Mar 31, 2024 | 2.86 Mn |
| Dec 31, 2023 | 2.95 Mn |
| Sep 30, 2023 | 2.82 Mn |
| Jun 30, 2023 | 2.93 Mn |
| Mar 31, 2023 | 2.94 Mn |
| Dec 31, 2022 | 2.80 Mn |
| Sep 30, 2022 | 2.92 Mn |
| Jun 30, 2022 | 2.84 Mn |
| Mar 31, 2022 | 2.78 Mn |
| Dec 31, 2021 | 2.64 Mn |
| Sep 30, 2021 | 2.69 Mn |
| Jun 30, 2021 | 2.79 Mn |
| Mar 31, 2021 | 2.83 Mn |
| Dec 31, 2020 | 3.16 Mn |
| Sep 30, 2020 | 2.69 Mn |
API Access
Glen Burnie Bancorp Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=GLBZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "GLBZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=GLBZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();