Today it was reported that the President & COO of Republic First Bancorp (FRBK), Andrew Logue, exercised options to sell 10,000 FRBK shares at $5.70 a share, for a total transaction value of $64.2K. The options were close to expired and Andrew Logue disposed stocks.
Following Andrew Logue’s last FRBK Sell transaction on June 28, 2010, the stock climbed by 4.4%.
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Based on Republic First Bancorp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $30.18 million and quarterly net profit of $2.16 million. In comparison, last year the company earned revenue of $24.76 million and had a net profit of $2.74 million. FRBK’s market cap is $375.7M and the company has a P/E ratio of 43.95. Currently, Republic First Bancorp has an average volume of 62.76K.
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Republic First Bancorp, Inc. is a bank holding company, which operates through its subsidiary, Republic Bank. It offers checking, savings, cash management, commercial, small business administration & commercial real estate loans, mortgages, credit, debit & gift cards, online & mobile banking, merchant services and mobile deposit services.
