Republic First Bancorp (FRBK) Tops Q4 EPS by 9c, Revenues Beat
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Republic First Bancorp, Inc. Reports Fourth Quarter Financial Results
January 28, 2019 8:30 AM ESTPHILADELPHIA, Jan. 28, 2019 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK), the holding company for Republic Bank, today announced its financial results for the period ended December 31, 2018.
Q4-2018 Highlights
Income before tax increased by 70% to $10.2 million for the twelve months ended December 31, 2018 compared to $6.0 million for the twelve months ended December 31, 2017. We continue to open new stores and increase profitability despite the additional costs associated with the expansion strategy. Total deposits increased by $330 million, or 16%, to $2.4 billion as of December... More