Skip to main content

Market Overview

Reliant Bancorp: Q2 Earnings Insights

Share:

Shares of Reliant Bancorp (NASDAQ: RBNC) fell 1.53% after the company reported Q2 results. Quarterly Results Earnings per share increased 66.67% over the past year to $0.60, which beat the estimate of $0.28. Revenue of

Shares of Reliant Bancorp (NASDAQ:RBNC) rose 0.9% after the company reported Q2 results.

Quarterly Results

Earnings per share increased 66.67% over the past year to $0.60, which beat the estimate of $0.28.

Revenue of $34,378,000 rose by 108.21% year over year, which beat the estimate of $28,560,000.

Outlook

Reliant Bancorp hasn't issued any earnings guidance for the time being.

Reliant Bancorp hasn't issued any revenue guidance for the time being.

Price Action

52-week high: $25.00

Company's 52-week low was at $9.45

Price action over last quarter: Up 22.03%

Company Profile

Reliant Bancorp Inc provides a full range of traditional banking services throughout the Middle Tennessee Region and the Nashville-Davidson-Murfreesboro-Franklin Metropolitan Statistical Area. It provides a wide range of commercial banking services for businesses and individuals. The company has two reportable business segments: Retail Banking and Residential Mortgage Banking. Retail Banking provides deposit and lending services to consumer and business customers. Residential Mortgage Banking originates first lien residential mortgage loans throughout the United States. It derives a majority of the revenue from the Retail banking segment.

 

Related Articles (RBNC)

View Comments and Join the Discussion!

Posted-In: Earnings