Reliant Bank

Commerce Union Bancshares, Inc. (NASDAQ: CUBN) is a Brentwood, Tennessee-based bank holding company which operates banking centers in Davidson, Robertson, Rutherford, Sumner and Williamson Counties, Tennessee through its wholly-owned subsidiary Reliant Bank. Reliant Bank is a full-service commercial bank that offers a variety of deposit, lending and mortgage products and services to business and consumer customers.
Company Growth (employees)
Type
Public
HQ
Franklin, US
Founded
2006
Size (employees)
143 (est)-36%
Reliant Bank was founded in 2006 and is headquartered in Franklin, US

Reliant Bank Office Locations

Reliant Bank has an office in Franklin
Franklin, US (HQ)
1736 Carothers Pkwy

Reliant Bank Data and Metrics

Reliant Bank Financial Metrics

Reliant Bank's revenue was reported to be $10.1 m in Q1, 2017
USD

Revenue (Q1, 2017)

10.1 m

Gross profit (Q1, 2017)

9.1 m

Gross profit margin (Q1, 2017), %

90%

Net income (Q1, 2017)

1.6 m

EBIT (Q1, 2017)

7.6 m

Market capitalization (22-Aug-2017)

189.7 m

Cash (31-Mar-2017)

18.3 m
Reliant Bank's current market capitalization is $189.7 m.
USDFY, 2016

Revenue

44.8 m

Cost of goods sold

3.4 m

Gross profit

41.5 m

Gross profit Margin, %

92%

Sales and marketing expense

18.3 m

R&D expense

2.5 m

Operating expense total

20.7 m

EBIT

31.7 m

EBIT margin, %

71%

Pre tax profit

10.1 m

Income tax expense

2.2 m

Net Income

7.9 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

11.4 m12.5 m12.8 m12 m10.2 m10.1 m

Cost of goods sold

743 k764 k832 k805 k821 k1 m

Gross profit

10.7 m11.7 m11.9 m11.2 m9.4 m9.1 m

Gross profit Margin, %

93%94%93%93%92%90%

Sales and marketing expense

5.1 m5.3 m5.4 m4.9 m4 m4.3 m

R&D expense

546 k562 k627 k636 k586 k513 k

Operating expense total

5.6 m5.9 m6 m5.5 m4.6 m4.8 m

EBIT

7.8 m7.6 m7.9 m8.2 m7.7 m7.6 m

EBIT margin, %

68%61%62%69%75%75%

Pre tax profit

2.5 m2.9 m3.1 m2.7 m2.4 m1.8 m

Income tax expense

902 k558 k568 k588 k619 k272 k

Net Income

417 k2.1 m4.5 m2.6 m4.7 m6.5 m1.6 m
USDFY, 2016

Cash

24.2 m

PP&E

9.1 m

Goodwill

11.4 m

Total Assets

912 m

Accounts Payable

763.8 m

Dividends Payable

1.7 m

Total Debt

32.3 m

Total Liabilities

805.1 m

Additional Paid-in Capital

89 m

Retained Earnings

12.2 m

Total Equity

106.9 m

Debt to Equity Ratio

0.3 x

Debt to Assets Ratio

0 x

Financial Leverage

8.5 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

22 m33.4 m26.5 m16.6 m35 m18.3 m

PP&E

9.2 m9.1 m9 m9.7 m

Goodwill

11.4 m11.4 m11.4 m11.4 m11.4 m11.4 m

Total Assets

798.9 m852.7 m868.5 m883.2 m920 m962.5 m

Accounts Payable

602.5 m609 m657.8 m647.9 m659.9 m826.2 m

Dividends Payable

1.5 m1.5 m1.5 m

Additional Paid-in Capital

83 m83.2 m87.1 m87.7 m88.8 m89.5 m

Retained Earnings

3.1 m4.9 m7.2 m9.6 m12 m14.3 m

Total Equity

91.9 m94.4 m102 m106 m109.2 m109.6 m

Financial Leverage

8.7 x9 x8.5 x8.3 x8.4 x8.8 x
USDFY, 2016

Net Income

7.9 m

Accounts Receivable

(690 k)

Accounts Payable

52 k

Cash From Operating Activities

48.8 m

Cash From Investing Activities

(72.7 m)

Cash From Financing Activities

27.6 m

Interest Paid

3.3 m

Income Taxes Paid

3.1 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

417 k2.1 m4.5 m2.6 m4.7 m6.5 m1.6 m

Depreciation and Amortization

94 k

Accounts Receivable

262 k(39 k)(114 k)61 k(83 k)(403 k)(135 k)

Accounts Payable

(1 k)84 k72 k79 k51 k

Cash From Operating Activities

958 k(13 m)(14 m)33.6 m45.5 m50.3 m8.9 m

Cash From Investing Activities

(10.4 m)(8.6 m)(45.7 m)(15.7 m)(48.4 m)(67.8 m)(64.6 m)

Dividends Paid

(614 k)

Cash From Financing Activities

9 m32.4 m82 m(11.9 m)(1.1 m)31.9 m49.8 m

Interest Paid

1.1 m1.9 m748 k1.6 m2.4 m951 k

Income Taxes Paid

2.2 m3.3 m94 k2 m2.5 m5 k
USDY, 2017

Revenue/Employee

54.8 k

Financial Leverage

8.8 x

Reliant Bank Market Value History

Traffic Overview of Reliant Bank

Reliant Bank Online and Social Media Presence

Reliant Bank Company Life and Culture

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