Inactive Instrument

Reliant Bancorp, Inc.

RBNC

US75956B1017

Reliant Bancorp: Q3 Earnings Snapshot

October 19, 2021 at 05:18 pm EDT

BRENTWOOD, Tenn. (AP) _ Reliant Bancorp Inc. (RBNC) on Tuesday reported third-quarter net income of $13.3 million.

The Brentwood, Tennessee-based bank said it had earnings of 79 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, came to 87 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share.

The bank holding company posted revenue of $44.8 million in the period. Its revenue net of interest expense was $39.9 million, which also beat Street forecasts.

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

Latest news about Reliant Bancorp, Inc.

United Community Banks Completes Merger With Reliant Bancorp	22-01-03	MT
Reliant Bancorp, Inc.(NasdaqCM:RBNC) dropped from S&P TMI Index	22-01-03	CI
Reliant Bancorp, Inc.(NasdaqCM:RBNC) dropped from S&P Global BMI Index	22-01-03	CI
United Community Banks, Inc. completed the acquisition of Reliant Bancorp, Inc..	21-12-31	CI
Reliant Bancorp, Inc.(NasdaqCM:RBNC) dropped from NASDAQ Composite Index	21-12-31	CI
Tranche Update on Reliant Bancorp, Inc.'s Equity Buyback Plan announced on January 26, 2021.	21-11-05	CI
Reliant Bancorp : Q3 Gains Beat Street, Quarterly Dividend Steady	21-10-19	MT
Reliant Bancorp, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2021	21-10-19	CI
Reliant Bancorp : Earnings Flash (RBNC) RELIANT BANCORP Reports Q3 EPS $0.87	21-10-19	MT
Reliant Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on November 12, 2021	21-10-19	CI
Reliant Bancorp, Inc.'s Equity Buyback announced on January 26, 2021, has suspended with 0 shares, representing 0% for $0 million.	21-08-30	CI
Tranche Update on Reliant Bancorp, Inc.'s Equity Buyback Plan announced on January 26, 2021.	21-08-05	CI
Reliant Bancorp, Inc. and Reliant Bank Announce Executive Changes	21-08-03	CI
Reliant Bancorp : Earnings Flash (RBNC) RELIANT BANCORP Posts Q2 Revenue $36.8M, vs. Street Est of $36.6M	21-07-20	MT
Reliant Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on August 12, 2021	21-07-20	CI
Reliant Bancorp : Earnings Flash (RBNC) RELIANT BANCORP Posts Q2 EPS $0.78, vs. Street Est of $0.70	21-07-20	MT
Reliant Bancorp, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter Ended June 30, 2021	21-07-19	CI
Reliant Bancorp : United Community Banks to Acquire Reliant Bancorp in $517 Million All-Stock Deal	21-07-15	MT
Reliant Bancorp, Inc. Provides Earnings Guidance for the Second Quarter of 2021	21-07-15	CI
United Community Banks : to Acquire Reliant Bancorp for $517 Million in Stock	21-07-14	MT
United Community Banks, Inc. entered into a definitive agreement to acquire Reliant Bancorp, Inc. for approximately $520 million.	21-07-13	CI
Reliant Bancorp, Inc.(NasdaqCM:RBNC) dropped from Russell 2000 Growth-Defensive Index	21-06-25	CI
Reliant Bancorp, Inc.(NasdaqCM:RBNC) dropped from Russell 2500 Growth Index	21-06-25	CI
Reliant Bancorp, Inc.(NasdaqCM:RBNC) dropped from Russell 2000 Growth Index	21-06-25	CI
Reliant Bancorp, Inc.(NasdaqCM:RBNC) dropped from Russell Small Cap Comp Growth Index	21-06-25	CI

Reliant Bancorp, Inc. is a holding company for Reliant Bank (the Bank). The Company operates through two segments: commercial banking and residential mortgage banking. The commercial banking segment provides deposit and lending services to consumer and business customers. It provides services through branch locations, automated teller machine (ATM), online banking, and mobile banking. The residential mortgage banking segment originates traditional first lien residential mortgage loans and first lien home equity lines of credit throughout the United States. The traditional first lien residential mortgage loans are underwritten to government agency standards and sold to third-party secondary market mortgage investors. The home equity lines of credit are typically sold to participating banks or other investor groups and are underwritten to their standards. The bank provides a range of traditional banking products and services to business and consumer clients throughout Middle Tennessee.

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