Bank doubles profits in second quarter

Tampa-based First Citrus takes advantage of market conditions.

  • By Business Observer Staff
  • | 1:25 p.m. July 17, 2018
  • | 0 Free Articles Remaining!
Mark Wemple. Tampa-based First Citrus Bank had a very good second quarter.
Mark Wemple. Tampa-based First Citrus Bank had a very good second quarter.
  • Tampa Bay-Lakeland
  • Share

TAMPA — First Citrus Bancorporation Inc., parent bank holding company for First Citrus Bank, released its financial results for the second quarter, with earnings of $1.089 million or 56 cents per share.

Also, the Tampa-based bank’s net earnings increased by 100% over the same period in 2017, according to a press release.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • December 16, 2025
Report: Tampa No. 2 retail real estate market nationwide
  • December 16, 2025
Longboat Key to get first-ever Goodwill store
  • December 16, 2025
$74M Naples botanical garden names interim CEO
  • December 16, 2025
Sarasota County buys 3.59-acre Venice waterfront property

Sponsored Content