About Reliant Bancorp (NASDAQ:RBNC)
Reliant Bancorp, Inc. operates as the holding company for Reliant Bank that provides a range of commercial banking services for businesses and individuals in the Middle Tennessee region and the Nashville-Davidson-Murfreesboro-Franklin Metropolitan Statistical Area. Its deposit products include checking, savings, and money market deposit accounts; time deposits; certificates of deposit; and non-interest-bearing and interest bearing demand deposits. The company's loan portfolio comprises residential mortgage loans and mortgage refinancing; commercial, industrial, and agricultural loans; multi-family and commercial real estate loans; construction, land development, and farmland loans; 1-4 family residential real estate loans; home equity loans; and consumer loans, such as loans for household, family, and other personal expenditures. It also provides safe deposit box, debit card, direct deposit, and official bank check services. The company operates through seven branches in Davidson, Robertson, Sumner, and Williamson counties in Tennessee. The company was formerly known as Commerce Union Bancshares, Inc. and changed its name to Reliant Bancorp, Inc. in January 2018. Reliant Bancorp, Inc. was founded in 2006 and is based in Brentwood, Tennessee.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:RBNC
CUSIPN/A
Phone615-221-2020
Debt
Debt-to-Equity RatioN/A
Current Ratio0.85%
Quick Ratio0.80%
Price-To-Earnings
Trailing P/E Ratio22.21
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$46.17 million
Price / Sales5.67
Cash Flow$0.6549 per share
Price / Cash34.83
Book Value$12.25 per share
Price / Book1.86
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$7.24 million
Net Margins15.69%
Return on Equity6.98%
Return on Assets0.84%
Miscellaneous
Employees168
Outstanding Shares11,480,000
Reliant Bancorp (NASDAQ:RBNC) Frequently Asked Questions
What is Reliant Bancorp's stock symbol?
Reliant Bancorp trades on the NASDAQ under the ticker symbol "RBNC."
How often does Reliant Bancorp pay dividends? What is the dividend yield for Reliant Bancorp?
Reliant Bancorp declared a quarterly dividend on Thursday, March 29th. Stockholders of record on Tuesday, April 10th will be paid a dividend of $0.08 per share on Friday, April 20th. This represents a $0.32 annualized dividend and a dividend yield of 1.40%. The ex-dividend date is Monday, April 9th. This is a boost from Reliant Bancorp's previous quarterly dividend of $0.06. View Reliant Bancorp's Dividend History.
How were Reliant Bancorp's earnings last quarter?
Reliant Bancorp (NASDAQ:RBNC) announced its earnings results on Thursday, January, 25th. The bank reported $0.26 earnings per share (EPS) for the quarter. The bank had revenue of $10.47 million for the quarter. Reliant Bancorp had a net margin of 15.69% and a return on equity of 6.98%. View Reliant Bancorp's Earnings History.
What price target have analysts set for RBNC?
2 equities research analysts have issued 12 month target prices for Reliant Bancorp's stock. Their forecasts range from $24.00 to $26.50. On average, they anticipate Reliant Bancorp's share price to reach $25.25 in the next year. View Analyst Ratings for Reliant Bancorp.
Who are some of Reliant Bancorp's key competitors?
Some companies that are related to Reliant Bancorp include MainSource Financial Group (MSFG), Triumph Bancorp (TBK), Live Oak Bank (LOB), Washington Trust Bancorp (WASH), Lakeland Bancorp (LBAI), Center Bancorp (CNOB), Bryn Mawr Bank (BMTC), Customers Bancorp (CUBI), Central Pacific Financial (CPF), Preferred Bank (PFBC), Republic Bank & Trust (RBCAA), Community Trust Bancorp (CTBI), TriCo Bancshares (TCBK), Guaranty Bancorp (GBNK) and Carolina Financial (CARO).
Who are Reliant Bancorp's key executives?
Reliant Bancorp's management team includes the folowing people:
- Mr. DeVan D. Ard Jr., Chairman, Pres & CEO (Age 63)
- Mr. James Daniel Dellinger, CFO & Exec. VP (Age 57)
- Mr. Louis E. Holloway, Exec. VP, COO & Director (Age 65)
- Mr. John Robert Wilson, Exec. VP & Chief Loan Officer (Age 61)
- Ms. Paula DeBerry, Former Chief Retail Officer, Exec. VP & Sumner County Market Pres of Reliant Bank (Age 61)
Has Reliant Bancorp been receiving favorable news coverage?
News stories about RBNC stock have been trending positive this week, Accern Sentiment Analysis reports. The research group rates the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Reliant Bancorp earned a media sentiment score of 0.42 on Accern's scale. They also assigned headlines about the bank an impact score of 43.95 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.
How do I buy shares of Reliant Bancorp?
Shares of RBNC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Reliant Bancorp's stock price today?
One share of RBNC stock can currently be purchased for approximately $22.81.
How big of a company is Reliant Bancorp?
Reliant Bancorp has a market capitalization of $267.70 million and generates $46.17 million in revenue each year. Reliant Bancorp employs 168 workers across the globe.
How can I contact Reliant Bancorp?
Reliant Bancorp's mailing address is 1736 Carothers Parkway Suite 100, Brentwood TN, 37027. The bank can be reached via phone at 615-221-2020 or via email at [email protected]
MarketBeat Community Rating for Reliant Bancorp (RBNC)
MarketBeat's community ratings are surveys of what our community members think about Reliant Bancorp and other stocks. Vote "Outperform" if you believe RBNC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RBNC will underperform the S&P 500 over the long term. You may vote once every thirty days.
Reliant Bancorp (NASDAQ:RBNC) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
2 Wall Street analysts have issued ratings and price targets for Reliant Bancorp in the last 12 months. Their average twelve-month price target is $25.25, suggesting that the stock has a possible upside of 10.70%. The high price target for RBNC is $26.50 and the low price target for RBNC is $24.00. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.50 | 2.50 | 2.50 | 3.00 |
| Ratings Breakdown: | 0 Sell Rating(s)
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $25.25 | $25.25 | $25.25 | $25.25 |
| Price Target Upside: | 10.70% upside | 4.51% upside | 4.51% upside | 5.83% upside |
Reliant Bancorp (NASDAQ:RBNC) Consensus Price Target History
Reliant Bancorp (NASDAQ:RBNC) Analyst Ratings History
Show:
| Date | Brokerage | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 11/1/2017 | Keefe, Bruyette & Woods | Reiterated Rating | Hold | $24.00 | N/A |  |
| 10/11/2017 | Hovde Group | Initiated Coverage | Outperform -> Outperform | $26.50 | N/A | |
(Data available from 4/25/2016 forward)
Reliant Bancorp (NASDAQ:RBNC) Earnings History and Estimates Chart
Reliant Bancorp (NASDAQ RBNC) Earnings History by Quarter
| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 1/25/2018 | Q4 2017 | | $0.26 | | $10.47 million | View | N/A | |
| 10/25/2017 | Q2 2017 | $0.25 | $0.25 | | $11.18 million | View | N/A | |
| 7/26/2017 | Q2 2017 | | $0.28 | | $9.73 million | View | N/A | |
| 4/26/2017 | Q1 2017 | | $0.26 | | $9.11 million | View | N/A | |
| 1/26/2017 | Q4 2016 | | $0.25 | | $8.91 million | View | N/A | |
| 10/26/2016 | Q3 2016 | | $0.30 | | $9.41 million | View | N/A | |
| 7/26/2016 | Q2 2016 | | $0.31 | | $11.20 million | View | N/A | |
| 4/29/2016 | Q1 2016 | | $0.30 | | $11.93 million | View | N/A | |
| 2/2/2016 | Q4 2015 | | $0.21 | | $11.44 million | View | N/A | |
| 10/30/2015 | Q3 2015 | | $0.25 | | $11.74 million | View | N/A | |
(Earnings results data provided by Zacks Investment Research)
Reliant Bancorp (NASDAQ:RBNC) Dividend Information
Reliant Bancorp pays an annual dividend of $0.32 per share, with a dividend yield of 1.40%. RBNC's most recent quarterly dividend payment was Friday, April 20.
| Most Recent Dividend: | 4/20/2018 |
| Annual Dividend: | $0.32 |
| Dividend Yield: | 1.40% |
| Payout Ratio: | N/A |
Reliant Bancorp (NASDAQ:RBNC) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/29/2018 | Quarterly | $0.08 | 1.4% | 4/9/2018 | 4/10/2018 | 4/20/2018 |
| 12/19/2017 | Quarterly | $0.06 | 0.94% | 1/9/2018 | 1/10/2018 | 1/20/2018 |
| 9/27/2017 | Quarterly | $0.06 | 1.03% | 10/6/2017 | 10/10/2017 | 10/20/2017 |
| 7/6/2017 | Quarterly | $0.06 | | 7/6/2017 | 7/10/2017 | 7/21/2017 |
| 12/16/2016 | annual | $0.22 | 1.08% | 1/4/2017 | 1/6/2017 | 1/20/2017 |
| 11/20/2015 | Annual | $0.20 | | 1/6/2016 | 1/8/2016 | 1/22/2016 |
(Data available from 1/1/2013 forward)
Reliant Bancorp (NASDAQ RBNC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 13.09%
Institutional Ownership Percentage: 21.25%
Reliant Bancorp (NASDAQ RBNC) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 2/23/2018 | Devan D Ard Jr | CEO | Sell | 2,000 | $23.76 | $47,520.00 | | |
| 2/20/2018 | Farzin Ferdowsi | Director | Buy | 2,000 | $23.70 | $47,400.00 | | |
| 11/30/2017 | William Ronald Deberry | Director | Sell | 7,500 | $24.18 | $181,350.00 | | |
| 5/26/2016 | John Lewis Bourne | Director | Sell | 6,450 | $15.57 | $100,426.50 | 23,000 | |
| 5/25/2016 | William Ronald Deberry | CEO | Sell | 26,250 | $15.58 | $408,975.00 | 79,537 | |
| 3/7/2016 | Sharon Hughes Edwards | Director | Buy | 41 | $13.84 | $567.44 | 8,000 | |
| 3/2/2016 | Sharon Hughes Edwards | Director | Buy | 1,959 | $13.75 | $26,936.25 | 7,859 | |
| 2/22/2016 | Charles Trimble Beasley | Director | Sell | 3,000 | $13.68 | $41,040.00 | 26,756 | |
| 2/18/2016 | James Daniel Dellinger | CFO | Sell | 15,000 | $13.72 | $205,800.00 | 4,163 | |
| 2/11/2016 | Devan D Ard Jr | President | Sell | 15,000 | $13.75 | $206,250.00 | 37,510 | |
| 2/5/2016 | Sharon Hughes Edwards | Director | Buy | 903 | $13.65 | $12,325.95 | 6,000 | |
| 2/3/2016 | Sharon Hughes Edwards | Director | Buy | 1,097 | $13.74 | $15,072.78 | 5,097 | |
| 1/8/2016 | Sharon Hughes Edwards | Director | Buy | 785 | $13.74 | $10,785.90 | 4,000 | |
| 1/5/2016 | Sharon Hughes Edwards | Director | Buy | 1,215 | $13.97 | $16,973.55 | 3,215 | |
| 12/29/2015 | Sharon Hughes Edwards | Director | Buy | 455 | $13.93 | $6,338.15 | 2,000 | |
| 12/23/2015 | Sharon Hughes Edwards | Director | Buy | 100 | $13.95 | $1,395.00 | 1,545 | |
| 12/16/2015 | Sharon Hughes Edwards | Director | Buy | 728 | $13.91 | $10,126.48 | 1,445 | |
| 12/9/2015 | Sharon Hughes Edwards | Director | Buy | 717 | $13.88 | $9,951.96 | 717 | |
| 11/25/2015 | Charles Trimble Beasley | Director | Sell | 1,969 | $13.84 | $27,250.96 | 29,756 | |
| 11/24/2015 | Charles Trimble Beasley | Director | Sell | 16,700 | $13.50 | $225,450.00 | 31,725 | |
| 11/19/2015 | Charles Trimble Beasley | Director | Sell | 6,700 | $13.52 | $90,584.00 | 48,425 | |
(Data available from 1/1/2013 forward)
Reliant Bancorp (NASDAQ RBNC) News Headlines
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Reliant Bancorp (NASDAQ:RBNC) SEC Filings
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Reliant Bancorp (NASDAQ:RBNC) Income Statement, Balance Sheet and Cash Flow Statement
Reliant Bancorp (NASDAQ RBNC) Stock Chart for Wednesday, April, 25, 2018
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