Reliant Bancorp, Inc. (RBNC) Reports In-Line Q3 EPS

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Go back to Reliant Bancorp, Inc. (RBNC) Reports In-Line Q3 EPS

Reliant Bancorp, Inc. Reports Record Third Quarter Results

October 24, 2018 4:05 PM EDT

Third Quarter Net Income Up 121.1% to $4.1 Million - EPS Rises 63.6% to $0.36 Per Fully Diluted Share

Loans Increase 59.4% to $1.2 Billion - Deposits Up 66.0% to $1.4 Billion

BRENTWOOD, Tenn.--(BUSINESS WIRE)-- Reliant Bancorp, Inc. (Reliant Bancorp or the Company) (Nasdaq: RBNC), the parent company for Reliant Bank (Reliant), announced record third quarter results, including growth in earnings, loans, deposits and assets for the quarter and nine months ended September30, 2018.

Third quarter net income attributable to common shareholders rose 121.1% to $4.1 million, and net income per fully diluted share increased 63.6% to $0.36, compared to $1.8 million, or $0.22... More