Reliant Bancorp (RBNC) got here out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.35 per share a yr in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of 20.51%. 1 / 4 in the past, it was anticipated that this financial institution holding firm would put up earnings of $0.40 per share when it truly produced earnings of $0.38, delivering a shock of -5%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.
Reliant Bancorp, which belongs to the Zacks Banks – Southeast business, posted revenues of $19.04 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 13.47%. This compares to year-ago revenues of $15.02 million. The corporate has topped consensus income estimates simply as soon as during the last 4 quarters.
The sustainability of the…