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Reliant Bancorp: 3Q Earnings Snapshot

BRENTWOOD, Tenn. (AP) _ Reliant Bancorp Inc. (RBNC) on Tuesday reported third-quarter profit of $4 million.

The bank, based in Brentwood, Tennessee, said it had earnings of 36 cents per share. Earnings, adjusted for one-time gains and costs, were 38 cents per share.

The bank holding company posted revenue of $23 million in the period. Its revenue net of interest expense was $16.8 million, which fell short of Street forecasts.

Reliant Bancorp shares have risen roughly 3% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $23.65, a climb of roughly 1% in the last 12 months.


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