After losing millions in 1998, Republic Bancshares Inc. of St. Petersburg, Fla., said it turned things around last year.

The $2.6 billion-asset company announced Tuesday that it earned $10.7 million, or 95 cents a share, in the 12 months that ended Dec. 31. In the previous 12 months it had lost $12.4 million, or $1.34 a share.

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