Reliant Bancorp, Inc. (RBNC) Reports In-Line Q1 EPS

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Reliant Bancorp, Inc. Reports 2019 First Quarter Results

April 24, 2019 4:05 PM EDT

Reported Diluted EPS of $0.33

10.1% Annualized Organic Loan Growth

NIM of 3.63% / ROAA of 0.88%

18.6% Annualized Increase in TBVPS / 9.7% ROATCE

BRENTWOOD, Tenn.--(BUSINESS WIRE)-- Reliant Bancorp, Inc. (Reliant Bancorp or the Company) (Nasdaq: RBNC), the parent company for Reliant Bank (Reliant), reported net income of $3.8 million, or $0.33 per diluted common share for the first quarter of 2019, a slight increase over the $3.7 million and $0.33 per diluted common share for the first quarter of 2018 and down from $4.1 million and $0.36 per diluted common share from the fourth quarter of 2018. Of... More