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Hot Stocks
Republic First Bancorp appoints Vernon Hill as CEO » 10:20
02/24/21
02/24
10:20
02/24/21
10:20
FRBK

Republic First Bancorp

$3.68 /

+0.1 (+2.79%)

Republic First Bancorp…

Republic First Bancorp announced that Chairman Vernon Hill has been named to the additional role of CEO at both the Holding Company and the Bank. Harry Madonna, the founder of the bank, will remain as President and Chairman Emeritus of Republic First Bancorp, Inc.

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FRBK Republic First Bancorp
$3.68 /

+0.1 (+2.79%)

FRBK Republic First Bancorp
$3.68 /

+0.1 (+2.79%)

Over a month ago
Earnings
Republic First Bancorp reports Q4 EPS 5c, two est. 0c » 08:54
01/25/21
01/25
08:54
01/25/21
08:54
FRBK

Republic First Bancorp

$2.85 /

-0.03 (-1.04%)

Total Risk-Based Capital…

Total Risk-Based Capital ratio was 13.50% and Tier I Leverage Ratio was 8.17% at December 31, 2020. Book value per common share increased to $4.41 as of December 31, 2020 compared to $4.23 as of December 31, 2019. Vernon Hill, II, Chairman of Republic First Bancorp said: "The fourth quarter of 2020 marks the end of a year filled with unprecedented challenges and economic uncertainty. During this time the Republic Bank Team maintained its commitment to outstanding customer service and satisfaction while driving positive momentum. We are extremely proud of our performance and participation in the PPP loan program which provided crucial funding to businesses throughout our footprint during a time of extreme economic distress. In recognition of our commitment to FANatical customer service we were named America's #1 Bank for Service as a result of a survey conducted by Forbes during 2020. As we put an incredibly challenging year behind us we look forward to growing our rapidly expanding network of FANS in the future. We clearly believe the best is yet to come."

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FRBK Republic First Bancorp
$2.85 /

-0.03 (-1.04%)

FRBK Republic First Bancorp
$2.85 /

-0.03 (-1.04%)

Over a quarter ago
Earnings
Republic First Bancorp reports Q3 EPS (2c), two est. 2c » 08:54
10/29/20
10/29
08:54
10/29/20
08:54
FRBK

Republic First Bancorp

$2.22 /

-0.06 (-2.63%)

The Company's Total…

The Company's Total Risk-Based Capital ratio was 13.98% and Tier I Leverage Ratio was 8.81% at September 30, 2020. Book value per common share increased to $4.33 as of September 30, 2020 compared to $4.26 as of September 30, 2019. Harry D. Madonna, President and Chief Executive Officer of Republic First Bancorp added: "Our ongoing focus on cost control measures continues to drive positive operating leverage. Total revenue increased by 27% while non-interest expense increased by just 3% excluding goodwill impairment during the third quarter of 2020 compared to the third quarter of 2019. We recorded a goodwill impairment charge during the third quarter primarily as a result of a prolonged decline in our stock price which unfortunately obscures the improvement in core earnings. We have consistently stated that it is our goal to deliver best in class service across all delivery channels.....in-store, by phone, online and mobile options....as we strive to create new FANS each and every day. We are focused on meeting that goal in the most efficient manner possible."

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FRBK Republic First Bancorp
$2.22 /

-0.06 (-2.63%)

FRBK Republic First Bancorp
$2.22 /

-0.06 (-2.63%)

Hot Stocks
Republic First Bancorp postpones release of Q3 results » 10:50
10/27/20
10/27
10:50
10/27/20
10:50
FRBK

Republic First Bancorp

$2.31 /

+ (+0.00%)

Republic First Bancorp…

Republic First Bancorp announced that it has decided to postpone the release of its financial results for the third quarter of 2020 until Thursday, October 29, 2020. The Company will hold a conference call to review these results on the same day at 11:00am.

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FRBK Republic First Bancorp
$2.31 /

+ (+0.00%)

Earnings
Republic First Bancorp reports Q1 EPS 4c, two est. (1c) » 08:57
07/27/20
07/27
08:57
07/27/20
08:57
FRBK

Republic First Bancorp

$2.17 /

-0.05 (-2.25%)

The Company's Total…

The Company's Total Risk-Based Capital ratio was 12.00% and Tier I Leverage Ratio was 7.58% at June 30, 2020. Book value per common share increased to $4.34 as of June 30, 2020 compared to $4.27 as of June 30, 2019. Vernon Hill, II, Chairman of Republic First Bancorp said: "In the second quarter 'The Power of Red is Back' expansion campaign continued to deliver exceptional service during these unprecedented times. Our stores remained operational throughout the quarter serving customers in any way possible in a safe and efficient manner. Through our participation in the PPP loan program authorized by the CARES Act we were able assist thousands of small businesses by providing critical access to funding to support operations in the midst of an economic shutdown. In recognition of our unwavering commitment to extraordinary customer service and convenience our FANS responded to a recent Forbes survey and Republic was ranked as America's #1 Bank for Service. The goal of our model is to create FANS NOT CUSTOMERS, who join our brand, remain loyal and refer family and friends. The results of the Forbes survey not only demonstrates the success of our model, but also shows that we deliver on our commitment to service better that every other bank in the country."

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FRBK Republic First Bancorp
$2.17 /

-0.05 (-2.25%)

Earnings
Republic First Bancorp reports Q1 EPS (1c), two est. (5c) » 08:17
04/29/20
04/29
08:17
04/29/20
08:17
FRBK

Republic First Bancorp

$2.19 /

+0.145 (+7.09%)

The Company's Total…

The Company's Total Risk-Based Capital ratio was 11.76% and Tier I Leverage Ratio was 7.67% at March 31, 2020. Book value per common share increased to $4.28 as of March 31, 2020 compared to $4.22 as of March 31, 2019. "Net income during 2019 was negatively impacted by the challenging nature of the interest rate environment and costs required to initiate our expansion into New York City. We are pleased with the progress we have made in the early stages of 2020 to control expenses and improve profitability. In addition, the net interest margin improved quarter to quarter for the first time in two years. Republic Bank will continue to be a source of strength for the community as we work through the effects of the COVID-19 crisis. As a leader in the SBA PPP Loan Program, we are positioned for strong growth in loans and deposits driven by the new relationships we have developed through this program."

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