GlobeNewswire: Revere Bank Contains the last 10 of 7 releaseshttp://www.globenewswire.com/External?Length=42024-03-29T12:24:58ZGlobeNewswirehttp://www.globenewswire.com/External?Length=4newsdesk@globenewswire.com (NewsDesk)https://www.globenewswire.com/news-release/2020/01/28/1976425/0/en/Revere-Bank-Announces-Record-Earnings-for-2019-Net-Income-of-31-70-Million-Increased-14-7-Over-2018-s-Record-Earnings.html?f=22&fvtc=4&fvtv=51643Revere Bank Announces Record Earnings for 2019 – Net Income of $31.70 Million Increased 14.7% Over 2018's Record Earnings2020-01-28T21:45:00Z<![CDATA[ROCKVILLE, Md., Jan. 28, 2020 (GLOBE NEWSWIRE) -- Revere Bank (the “Bank”) (OTCQX: REVB) today reported quarterly net income of $8.04 million for the quarter ended December 31, 2019, an 11.4% increase compared to net income of $7.21 million for the quarter ended December 31, 2018, and a 2.6% decrease over the quarter ended September 30, 2019. Net income per diluted common share increased 10.2% to $0.65 for the fourth quarter of 2019, compared to $0.59 for the same period in 2018. Net income per basic common share for the fourth quarter of 2019 was $0.67 compared to $0.61 for the same period in 2018, an increase of 9.8%. Both diluted and basic earnings per share increased primarily due to higher net interest income. Compared to the third quarter of 2019, diluted and basic earnings per share decreased by 3.0% and 2.9%, respectively, driven primarily by a lower net interest margin, a decrease in non-interest income, and an increase in salaries and employee benefits expense.]]>https://www.globenewswire.com/news-release/2019/10/24/1935346/0/en/Revere-Bank-Announces-Record-Earnings-for-the-Third-Quarter-of-2019-Net-Income-of-8-25-Million-Increased-17-7-Over-the-Third-Quarter-of-2018.html?f=22&fvtc=4&fvtv=51643Revere Bank Announces Record Earnings for the Third Quarter of 2019 – Net Income of $8.25 Million Increased 17.7% Over the Third Quarter of 20182019-10-24T20:07:00Z<![CDATA[ROCKVILLE, Md., Oct. 24, 2019 (GLOBE NEWSWIRE) -- Revere Bank (the “Bank”) (OTCQX: REVB) today reported record quarterly net income of $8.25 million for the quarter ended September 30, 2019, a 17.7% increase compared to net income of $7.01 million for the quarter ended September 30, 2018, and a 4.3% increase over the quarter ended June 30, 2019. Net income per diluted common share increased 3.1% to $0.67 for the third quarter of 2019 compared to $0.65 for the same period in 2018. Net income per basic common share for the third quarter of 2019 was $0.69 compared to $0.68 for the same period in 2018, an increase of 1.5%. Both diluted earnings per share and basic earnings per share increased due to higher net income, and were also affected by our successful capital raise in September 2018, in which we issued 1.6 million additional shares of common stock. Compared to the second quarter of 2019, diluted earnings per share and basic earnings per share increased by 3.1% and 4.5%, respectively, driven primarily by increased earnings.]]>https://www.globenewswire.com/news-release/2019/07/24/1887540/0/en/Revere-Bank-Announces-Record-Earnings-for-the-Second-Quarter-of-2019-Net-Income-of-7-91-Million-Increased-15-4-Over-the-Second-Quarter-of-2018.html?f=22&fvtc=4&fvtv=51643Revere Bank Announces Record Earnings for the Second Quarter of 2019 – Net Income of $7.91 Million Increased 15.4% Over the Second Quarter of 20182019-07-24T20:15:00Z<![CDATA[ROCKVILLE, Md., July 24, 2019 (GLOBE NEWSWIRE) -- Revere Bank (the “Bank”) (OTCQX: REVB) today reported record quarterly net income of $7.91 million for the quarter ended June 30, 2019, a 15.4% increase compared to net income of $6.85 million for the quarter ended June 30, 2018, and a 5.3% increase over the quarter ended March 31, 2019. Net income per diluted common share remained unchanged at $0.65 for the second quarter of 2019 compared to the same period in 2018. Net income per basic common share for the second quarter of 2019 was $0.66 compared to $0.68 for the same period in 2018, a decrease of 2.9%. Both diluted earnings per share and basic earnings per share were affected by our successful capital raise in September 2018, in which we issued 1.6 million additional shares of common stock. Compared to the first quarter of 2019 both diluted and basic earnings per share increased by 4.8%, driven primarily by increased earnings.]]>https://www.globenewswire.com/news-release/2019/05/28/1853664/0/en/Revere-Bank-Announces-the-Addition-of-Melanie-M-Lundquist-CPA-to-Board-of-Directors-Retirement-of-Dr-Clayton-S-McCarl-Jr-and-Kimberly-Hoover.html?f=22&fvtc=4&fvtv=51643Revere Bank Announces the Addition of Melanie M. Lundquist, CPA, to Board of Directors, Retirement of Dr. Clayton S. McCarl, Jr., and Kimberly Hoover2019-05-28T19:30:00Z<![CDATA[ROCKVILLE, Md., May 28, 2019 (GLOBE NEWSWIRE) -- Revere Bank (OTCQX: REVB), today announced Melanie M. Lundquist, CPA, has been elected to its Board of Directors effective as of May 21, 2019.]]>https://www.globenewswire.com/news-release/2019/04/29/1811989/0/en/Revere-Bank-Announces-Record-Earnings-for-the-First-Quarter-of-2019-Net-Income-of-7-5-Million-Increased-14-5-Over-the-First-Quarter-of-2018.html?f=22&fvtc=4&fvtv=51643Revere Bank Announces Record Earnings for the First Quarter of 2019 – Net Income of $7.5 Million Increased 14.5% Over the First Quarter of 20182019-04-29T20:15:00Z<![CDATA[ROCKVILLE, Md., April 29, 2019 (GLOBE NEWSWIRE) -- Revere Bank (the “Bank”) (OTCQX: REVB) today reported record quarterly net income of $7.5 million for the quarter ended March 31, 2019, a 14.5% increase compared to net income of $6.6 million for the quarter ended March 31, 2018, and a 4.1% increase over the quarter ended December 31, 2018. Net income per diluted common share decreased 1.6% to $0.62 for the first quarter of 2019 compared to $0.63 for the same period in 2018. Net income per basic common share for the first quarter of 2019 was $0.63 compared to $0.66 for the same period in 2018, a decrease of 4.5%. The decrease in our diluted and basic earnings per share was a result of our capital raise in September 2018, in which we issued 1.6 million additional shares of common stock. Compared to the fourth quarter of 2018 diluted and basic earnings per share increased by 5.1% and 3.3%, respectively, driven primarily by increased earnings.]]>https://www.globenewswire.com/news-release/2019/01/29/1706948/0/en/Revere-Bank-Announces-Fourth-Quarter-and-Annual-2018-Record-Earnings-2018-Net-Income-of-27-6-Million-Increased-69-8-Over-2017.html?f=22&fvtc=4&fvtv=51643Revere Bank Announces Fourth Quarter and Annual 2018 Record Earnings – 2018 Net Income of $27.6 Million Increased 69.8% Over 20172019-01-29T14:20:00Z<![CDATA[ROCKVILLE, Md., Jan. 29, 2019 (GLOBE NEWSWIRE) -- Revere Bank (the “Bank”) (OTCQX: REVB) today reported record quarterly net income of $7.21 million for the quarter ended December 31, 2018, a 161.1% increase compared to $2.76 million for the quarter ended December 31, 2017 and a 2.9% increase over the quarter ended September 30, 2018. Pre-tax net income for the quarter ended December 31, 2018 was $9.92 million, an increase of 16.7% compared to $8.50 million for the quarter ended December 31, 2017. We believe pre-tax net income provides a better comparison to last year due to the impact of the Tax Cuts and Jobs Act (“Tax Act”), as discussed under the Earnings and Growth Highlights section.]]>https://www.globenewswire.com/news-release/2018/11/09/1649166/0/en/Revere-Bank-Announces-Third-Quarter-2018-Record-Earnings-Net-Income-of-7-Million-Increased-37-Over-the-Third-Quarter-2017.html?f=22&fvtc=4&fvtv=51643Revere Bank Announces Third Quarter 2018 Record Earnings – Net Income of $7 Million Increased 37% Over the Third Quarter 20172018-11-09T19:01:08Z<![CDATA[ROCKVILLE, Md., Nov. 09, 2018 (GLOBE NEWSWIRE) -- Revere Bank (the “Bank”) (OTCQX: REVB) today reported record quarterly net income of $7.01 million for the quarter ended September 30, 2018, a 36.8% increase compared to $5.12 million for the quarter ended September 30, 2017. Net income per basic common share for the third quarter of 2018 was $0.68 compared to $0.53 for the same period in 2017, an increase of 28.3%. Net income per diluted common share increased 30.0% to $0.65 for the third quarter of 2018 compared to $0.50 for the same period in 2017.]]>