Republic First: 1Q Earnings Snapshot

April 29, 2020 GMT

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.


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