Republic First: 2Q Earnings Snapshot
PHILADELPHIA (AP) _ Republic First Bancorp Inc. (FRBK) on Monday reported second-quarter net income of $381,000.
The bank, based in Philadelphia, said it had earnings of 1 cent per share.
The bank holding company posted revenue of $33.3 million in the period. Its revenue net of interest expense was $26.4 million, beating Street forecasts.
The company’s shares closed at $4.68. A year ago, they were trading at $7.90.