Reliant Bancorp, Inc. (RBNC) Tops Q3 EPS by 23c

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Reliant Bancorp, Inc. Reports Third Quarter 2020 Results

October 22, 2020 4:05 PM EDT

Net Income Per Diluted Common Share of $0.69, Up 91.7% Compared to Q3 2019
Net Interest Margin of 4.54%/Assets exceed $3.0 billion

BRENTWOOD, Tenn.--(BUSINESS WIRE)-- Reliant Bancorp, Inc. (Reliant Bancorp or the Company) (Nasdaq: RBNC), parent company of Reliant Bank (Reliant or the Bank), reported net income attributable to common shareholders of $11.5 million, or $0.69 per diluted common share, for the third quarter of 2020 compared to net income attributable to common shareholders of $4.0 million, or $0.36 per diluted common share, for the third quarter of 2019. Excluding the impact of merger related income and expenses,... More