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OFFON

SEVERN BANCORP, INC.

(SVBI)
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SEVERN BANCORP INC : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K)

10/23/2020 | 06:07am EDT

Item 2.02 Results of Operations and Financial Condition

On October 22, 2020 Severn Bancorp, Inc. issued a press release announcing financial results for the quarter ended September 30, 2020. A copy of this press release is being furnished as Exhibit 99.1 to this report.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits:

99.1 Press Release of Severn Bancorp, Inc., dated October 22, 2020 announcing financial results for the quarter ended September 30, 2020.

104 - Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).

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Financials (USD)
Sales 2020 42,4 M - -
Net income 2020 6,71 M - -
Net cash 2020 128 M - -
P/E ratio 2020 13,7x
Yield 2020 2,24%
Capitalization 156 M 156 M -
EV / Sales 2019 1,98x
EV / Sales 2020 -0,85x
Nbr of Employees 181
Free-Float 77,3%
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Managers and Directors
NameTitle
Alan J. Hyatt Chairman, President & Chief Executive Officer
Vance W. Adkins Chief Financial Officer & Executive Vice President
John A. Lamon Independent Director
Konrad M. Wayson Vice Chairman
Mary Kathleen Sulick Independent Director
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