Republic First Bancorp Inc's Corporate Customers have recorded an advance in their cost of revenue by 5.26 % in the 2 quarter 2022 year on year, sequentially costs of revenue were trimmed by -19.45 %. During the corresponding time, Republic First Bancorp Inc recorded a revenue increase by 4.98 % year on year, sequentially revenue fell by -8.96 %. While revenue at the Republic First Bancorp Inc's corporate clients recorded rose by 13.5 % year on year, sequentially revenue grew by 6.41 %.
Republic First Bancorp Inc's Customers have recorded an advance in their cost of revenue by 5.26 % in the 2 quarter 2022 year on year, sequentially costs of revenue were trimmed by -19.45 %, for the same period Republic First Bancorp Inc recorded revenue increase by 4.98 % year on year, sequentially revenue fell by -8.96 %.
Republic First Bancorp Inc's Comment on Sales, Marketing and Customers
Our primary service area consists of Greater Philadelphia and Southern New Jersey.
We presently conduct our principal banking activities through seventeen branch
locations which are commonly referred to as "stores" throughout this
document which reflects our retail oriented approach to customer service and convenience.
Eleven of these stores are located in Philadelphia and the surrounding suburbs
of Plymouth Meeting, Bala Cynwyd, Ardmore, Abington, and Media in Pennsylvania.
There are also six stores located in Haddonfield, Cherry Hill, Voorhees, Glassboro,
Marlton, and Berlin in the southern New Jersey market. Our commercial lending
activities extend beyond our primary service area, to include other counties in
Pennsylvania and New Jersey, as well as parts of Delaware, Maryland, New York
and other out-of-market opportunities.
Republic First Bancorp Inc’s Comment on Sales, Marketing and Customers
Our primary service area consists of Greater Philadelphia and Southern New Jersey.
We presently conduct our principal banking activities through seventeen branch
locations which are commonly referred to as "stores" throughout this
document which reflects our retail oriented approach to customer service and convenience.
Eleven of these stores are located in Philadelphia and the surrounding suburbs
of Plymouth Meeting, Bala Cynwyd, Ardmore, Abington, and Media in Pennsylvania.
There are also six stores located in Haddonfield, Cherry Hill, Voorhees, Glassboro,
Marlton, and Berlin in the southern New Jersey market. Our commercial lending
activities extend beyond our primary service area, to include other counties in
Pennsylvania and New Jersey, as well as parts of Delaware, Maryland, New York
and other out-of-market opportunities.
Sources:
Republic First Bancorp Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Republic First Bancorp Inc’s corporate clients.
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