In the Q3, Howard Bancorp Inc's corporate clients experienced a reduction by -6.62 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -16.87 %. During the corresponding time, Howard Bancorp Inc recorded a revenue increase by 18.06 % year on year, sequentially revenue fell by -1.8 %. While revenue at the Howard Bancorp Inc's corporate clients recorded rose by 17.86 % year on year, sequentially revenue grew by 9.74 %.
Customers of Howard Bancorp Inc saw their costs of revenue decrease by -6.62 % in Q3 compare to a year ago, sequentially costs of revenue were trimmed by -16.87 %, for the same period Howard Bancorp Inc recorded revenue increase by 18.06 % year on year, sequentially revenue fell by -1.8 %.
Howard Bancorp Inc's Comment on Sales, Marketing and Customers
Our headquarters are located in Ellicott City, Maryland, and we consider
our primary market area to be the Greater Baltimore Metropolitan Area in Maryland.
We also have loans in our loan portfolio that are outside our market area, although
to grow our loan portfolio we do not actively solicit business outside our primary
market.
Howard Bancorp Inc’s Comment on Sales, Marketing and Customers
Our headquarters are located in Ellicott City, Maryland, and we consider
our primary market area to be the Greater Baltimore Metropolitan Area in Maryland.
We also have loans in our loan portfolio that are outside our market area, although
to grow our loan portfolio we do not actively solicit business outside our primary
market.
Sources:
Howard Bancorp Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Howard Bancorp Inc’s corporate clients.
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