Republic Bank of Arizona Announces Unaudited Financial Results For the Quarter Ending March 31, 2021
Message : Required fields PHOENIX, April 28, 2021 (GLOBE NEWSWIRE) -- Republic Bank of Arizona (OTCBB:RBAZ) (“RBAZ”) (“Bank”) announced a net income of $557,000, or $0.31 per share, for the quarter ended March 31, 2021 as compared to a net income of $12,000, or $0.01 per share, for the quarter ended March 31, 2020. Current quarter earnings of $0.31 per share were comprised of $0.17 per share attributable to core operations and $0.14 per share due to impacts from the Paycheck Protection Program (“PPP”). President and CEO Brian Ruisinger stated, “Looking back to Q1 2020 seems li...