About Howard Bank
Howard Bank is a company based in Ellicott City (United States) founded in 2004 was acquired by First National Bank in July 2021.. Howard Bank offers products and services including Online Banking, Mobile Banking, Credit Cards, and Wealth Management. Howard Bank operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.
- Headquarter Ellicott City, United States
- Stage Public
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Howard Bancorp Inc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$25 M (USD), Debt – Conventional
Dec 20, 2018
- Investors
-
Employee Count
Employee Count
-
Acquired by
First National Bank
(Jul 13, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Howard Bank
Howard Bank offers a comprehensive portfolio of products and services, including Online Banking, Mobile Banking, Credit Cards, and Wealth Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for managing accounts, transfers, and payments securely online
App for remote banking transactions and account monitoring on the go
Services offering personal credit cards with rewards and cash options
Tools for brokerage advice and investment planning for clients
Unlock access to complete
Unlock access to complete
Funding Insights of Howard Bank
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $25.0M
-
First Round
First Round
(02 Apr 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Debt – Conventional - Howard Bank | Valuation |
investors |
|
| Mar, 2015 | Amount | Post-IPO - Howard Bank | Valuation |
investors |
|
| Apr, 2012 | Amount | Post-IPO - Howard Bank | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Howard Bank
Howard Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include First National Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Commercial banking services are provided across the United States.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Howard Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Howard Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Howard Bank Comparisons
Competitors of Howard Bank
Howard Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, Investec, Equity Bank, Citi and KeyBank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Wealth advisory and banking services are offered to clients.
|
|
| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are provided to businesses and individuals.
|
|
| domain | founded_year | HQ Location |
Diversified financial services are offered through commercial banking operations.
|
|
| domain | founded_year | HQ Location |
Regional bank
|
|
| domain | founded_year | HQ Location |
Commercial banking services are provided across the United States.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Howard Bank
Frequently Asked Questions about Howard Bank
When was Howard Bank founded?
Howard Bank was founded in 2004 and raised its 1st funding round 8 years after it was founded.
Where is Howard Bank located?
Howard Bank is headquartered in Ellicott City, United States. It is registered at Ellicott City, Maryland, United States.
Who is the current CEO of Howard Bank?
Mary Ann Scully is the current CEO of Howard Bank.
What does Howard Bank do?
Howard Bank was established in 2004 in Ellicott City, United States, as a commercial bank. Financial services, including lending, deposits, and treasury management, are offered primarily to business clients. Operations are centered in the mid-Atlantic region, with a focus on supporting local economies through tailored banking solutions. The institution is led by CEO Mary Ann Scully, ensuring compliance with federal regulations in the banking sector.
Who are the top competitors of Howard Bank?
What products or services does Howard Bank offer?
Howard Bank offers Online Banking, Mobile Banking, Credit Cards, and Wealth Management.
Who are Howard Bank's investors?
Howard Bank has 1 investor. Key investors include First National Bank.