Republic Bancorp, Inc. (NASDAQ:RBCAA) will release its earnings data on Thursday, October 19th.

Republic Bancorp (NASDAQ:RBCAA) last released its earnings results on Friday, July 21st. The bank reported $0.48 EPS for the quarter, hitting analysts’ consensus estimates of $0.48. Republic Bancorp had a return on equity of 8.14% and a net margin of 19.33%. The firm had revenue of $56.06 million for the quarter. On average, analysts expect Republic Bancorp to post $2.34 EPS for the current fiscal year and $2.70 EPS for the next fiscal year.

Shares of Republic Bancorp, Inc. (NASDAQ RBCAA) opened at 41.23 on Thursday. Republic Bancorp, Inc. has a 1-year low of $28.56 and a 1-year high of $41.79. The stock has a 50 day moving average price of $36.98 and a 200-day moving average price of $35.58. The stock has a market capitalization of $859.98 million, a PE ratio of 17.32 and a beta of 0.52.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 20th. Stockholders of record on Friday, September 15th will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.13%. The ex-dividend date is Thursday, September 14th. Republic Bancorp’s payout ratio is 36.82%.

In related news, EVP Steven E. Deweese sold 1,115 shares of the business’s stock in a transaction on Thursday, August 31st. The stock was sold at an average price of $35.49, for a total transaction of $39,571.35. Following the transaction, the executive vice president now directly owns 41,630 shares in the company, valued at approximately $1,477,448.70. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Steven E. Deweese sold 1,000 shares of the business’s stock in a transaction dated Monday, August 21st. The shares were sold at an average price of $34.50, for a total value of $34,500.00. Following the sale, the executive vice president now owns 42,230 shares in the company, valued at approximately $1,456,935. The disclosure for this sale can be found here. 52.30% of the stock is owned by insiders.

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Several research analysts recently weighed in on the company. Zacks Investment Research upgraded Republic Bancorp from a “hold” rating to a “buy” rating and set a $39.00 target price on the stock in a research note on Saturday, September 9th. BidaskClub downgraded Republic Bancorp from a “hold” rating to a “sell” rating in a research note on Thursday, July 13th. Finally, Hovde Group downgraded Republic Bancorp from an “outperform” rating to a “market perform” rating and boosted their target price for the stock from $39.00 to $41.00 in a research note on Wednesday, October 4th.

Republic Bancorp Company Profile

Republic Bancorp, Inc is a financial holding company of Republic Bank & Trust Company (the Bank) and Republic Insurance Services, Inc (the Captive). The Bank is a Kentucky-based, state chartered non-member financial institution. The Captive is an insurance subsidiary of the Company. The Company operates through four segments: Traditional Banking, which provides traditional banking products to customers; Warehouse Lending (Warehouse), which provides short-term, revolving credit facilities to mortgage bankers across the United States through mortgage warehouse lines of credit; Mortgage Banking, which originates, sells and services long-term, single family, first lien residential real estate loans, and Republic Processing Group (RPG), which facilitates the receipt and payment of federal and state tax refund products.

Earnings History for Republic Bancorp (NASDAQ:RBCAA)

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