Republic First: 1Q Earnings Snapshot
PHILADELPHIA (AP) _ Republic First Bancorp Inc. (FRBK) on Wednesday reported a loss of $593,000 in its first quarter.
The bank, based in Philadelphia, said it had a loss of 1 cent per share.
The bank holding company posted revenue of $33.8 million in the period. Its revenue net of interest expense was $27.3 million, topping Street forecasts.
The company’s shares closed at $2.19. A year ago, they were trading at $5.04.