AP NEWS
Click to copy
Click to copy

Reliant Bancorp: 2Q Earnings Snapshot

July 23, 2019

BRENTWOOD, Tenn. (AP) _ Reliant Bancorp Inc. (RBNC) on Tuesday reported second-quarter net income of $4.2 million.

The bank, based in Brentwood, Tennessee, said it had earnings of 38 cents per share.

The bank holding company posted revenue of $22.4 million in the period. Its revenue net of interest expense was $16.5 million, which fell short of Street forecasts.

Reliant Bancorp shares have climbed 1% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $23.30, a drop of 17% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RBNC at https://www.zacks.com/ap/RBNC

All contents © copyright 2019 The Associated Press. All rights reserved.