Republic First Bancorp Inc (FRBK) Files 10-K for the Fiscal Year Ended on December 31, 2018

Republic First Bancorp Inc (FRBK, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Republic First Bancorp Inc through its subsidiary offers commercial and consumer banking services to individuals, small and medium-sized businesses, executives, professionals and professional organizations. Republic First Bancorp Inc has a market cap of $314.130 million; its shares were traded at around $5.34 with a P/E ratio of 35.60 and P/S ratio of 3.29.

For the last quarter Republic First Bancorp Inc reported a revenue of $24.9 million, compared with the revenue of $21.88 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $96.2 million, an increase of 17.1% from last year. For the last five years Republic First Bancorp Inc had an average revenue growth rate of 19.6% a year.

The reported diluted earnings per share was 15 cents for the year, compared with the earnings per share of $0.06 in the previous year. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, Republic First Bancorp Inc has the cash and cash equivalents of $72.5 million, compared with $61.9 million in the previous year. The long term debt was $11.3 million, compared with $21.7 million in the previous year. Republic First Bancorp Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $5.34, Republic First Bancorp Inc is traded at 23.6% premium to its historical median P/S valuation band of $4.32. The P/S ratio of the stock is 3.29, while the historical median P/S ratio is 2.67. The stock lost 36.77% during the past 12 months.

For the complete 20-year historical financial data of FRBK, click here.