Goldman Sachs Group Inc. acquired a new position in shares of Severn Bancorp Inc (NASDAQ:SVBI) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 27,132 shares of the bank’s stock, valued at approximately $197,000. Goldman Sachs Group Inc. owned 0.22% of Severn Bancorp as of its most recent SEC filing.

Shares of Severn Bancorp Inc (NASDAQ SVBI) opened at $7.10 on Wednesday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.14 and a current ratio of 1.15. Severn Bancorp Inc has a 52 week low of $6.45 and a 52 week high of $8.07. The company has a market capitalization of $85.72, a price-to-earnings ratio of 23.33 and a beta of 0.90.

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

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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.

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