Severn Bancorp (SVBI) Scheduled to Post Quarterly Earnings on Thursday

Severn Bancorp (NASDAQ:SVBI) is scheduled to announce its earnings results on Thursday, January 25th.

Severn Bancorp (NASDAQ:SVBI) last issued its quarterly earnings data on Friday, October 27th. The bank reported $0.09 EPS for the quarter. Severn Bancorp had a net margin of 10.48% and a return on equity of 4.30%. The firm had revenue of $7.73 million for the quarter.

Severn Bancorp (NASDAQ SVBI) opened at $7.95 on Tuesday. Severn Bancorp has a 1-year low of $6.70 and a 1-year high of $8.05. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.15 and a quick ratio of 1.14. The company has a market cap of $97.96, a price-to-earnings ratio of 26.50 and a beta of 0.87.

Separately, TheStreet upgraded shares of Severn Bancorp from a “c” rating to a “b-” rating in a report on Wednesday, December 13th.

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Severn Bancorp Company Profile

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.

Earnings History for Severn Bancorp (NASDAQ:SVBI)

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