Revere Bank Announces Record profits for 2019 – Net Income of $31.70 Million Increased 14.7percent Over 2018’s Record Profits

Revere Bank Announces Record profits for 2019 – Net Income of $31.70 Million Increased 14.7percent Over 2018’s Record Profits

ROCKVILLE, Md., Jan. 28, 2020 (GLOBE NEWSWIRE) — Revere Bank (the “Bank”) (OTCQX: REVB) today reported quarterly net gain of $8.04 million when it comes to quarter finished December 31, 2019, an 11.4per cent enhance in comparison to net gain of $7.21 million https://speedyloan.net/installment-loans-ia when it comes to quarter finished December 31, 2018, and a 2.6% decrease throughout the quarter ended September 30, 2019. Net gain per diluted share that is common 10.2% to $0.65 for the 4th quarter of 2019, when compared with $0.59 for similar period in 2018. [Read more…]