Truxton shares (Ticker:
TRUX) were up slightly to $45.95 in midday trading Friday. They have risen slightly over the past six months.
The directors of FB Financial voted this week to hike the company’s quarterly dividend by more than 20 percent on the heels of reporting their fourth-quarter results.
Downtown-based FB Financial will now pay investors 11 cents per shares each quarter, up from 9 cents. The move, which will become effective for investors as of Feb. 8, will life the stock’s dividend yield to about 1.2 percent based on Friday’s market action.
The dividend decision by the parent of FirstBank comes shortly after a
Quarterly payout going up 20%
The directors of Reliant Bancorp have voted to boost the company’s dividend by 20 percent and buy back up to $10 million of its stock.
Word of the shareholder return plans comes shortly after Chairman and CEO DeVan Ard Jr. and his team reported
strong fourth-quarter profits and said they’re expecting solid growth in 2021. The quarterly dividend hike to 12 cents per share comes after two years in which the Reliant board pushed up the payout by a penny per quarter. Effective for shareholders of record on Feb. 8, it will lift the stock’s dividend to about 2.3 percent based on Tuesday’s closing price (Ticker:
BRENTWOOD, Tenn. (AP) Reliant Bancorp Inc. (RBNC) on Thursday reported fourth-quarter earnings of $12.2 million. The Brentwood, Tennessee-based bank said it had earnings of 73 cents per.
Earnings Scheduled For January 21, 2021 benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Quarterly Results
Earnings per share were up 55.32% over the past year to $0.73, which beat the estimate of $0.53.
Revenue of $38,289,000 up by 101.15% from the same period last year, which beat the estimate of $33,030,000.
Outlook
Reliant Bancorp hasn t issued any revenue guidance for the time being.
Price Action
52-week low: $9.45
Company Description
Reliant Bancorp Inc provides a full range of traditional banking services throughout the Middle Tennessee Region and the Nashville-Davidson-Murfreesboro-Franklin Metropolitan Statistical Area. It provides a wide range of commercial banking services for businesses and individuals. The company has two reportable business segments: Retail Banking and Residential Mortgage Banking. Retail Banking provides deposit and lending services to consumer and business customers. Residential Mortgage Banking originates first lien residential mortgage loans throughout the United States. It derives a majority of the revenue from the Retail banki