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Severn Bancorp, Inc. Announces First Quarter Earnings

Share this article Share this article ANNAPOLIS, Md., April 23, 2021 /PRNewswire/ --ย Severn Bancorp, Inc. (the Company) (NASDAQ: SVBI), the parent company of Severn Bank (the Bank), reported net income of $3.9 million for the first quarter ended March 31, 2021 compared to $565 thousand for the first quarter of 2020. Earnings per share on a fully diluted basis were $0.30 compared to $0.04 for the quarters ended March 31, 2021 and 2020, respectively. Reaction to COVID-19 Protocols remain in plac...
United States Glen Burnie Alanj Hyatt Severna Park Shore United Bank Severn Bank

Severn Bancorp, Inc. Announces Fourth Quarter Earnings

Share this article Share this article ANNAPOLIS, Md., Feb. 1, 2021 /PRNewswire/ -- Severn Bancorp, Inc. (the Company) (NASDAQ: SVBI), the parent company of Severn Bank (the Bank), reported net income of $2.5 million for the fourth quarter ended December 31, 2020 and $6.7 million for the year ended December 31, 2020 compared to $1.2 million and $8.3 million for the same periods in 2019. Earnings per share on a fully diluted basis were $0.20 for the fourth quarter and $0.52 per share for the year...
United States Glen Burnie Alanj Hyatt Severna Park Prnewswire Severn Bancorp Inc Severn Bank

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