Republic Bancorp, Inc. (NASDAQ:RBCAA) Set to Announce Earnings on Thursday

Republic Bancorp, Inc. (NASDAQ:RBCAA) will release its earnings data on Thursday, July 20th. Analysts expect Republic Bancorp to post earnings of $0.48 per share for the quarter.

Republic Bancorp (NASDAQ:RBCAA) last announced its quarterly earnings results on Thursday, April 20th. The bank reported $0.96 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.98 by $0.02. The business had revenue of $81.36 million for the quarter. Republic Bancorp had a net margin of 19.40% and a return on equity of 7.96%. On average, analysts expect Republic Bancorp to post $2.31 EPS for the current fiscal year and $2.66 EPS for the next fiscal year.

Republic Bancorp, Inc. (NASDAQ:RBCAA) opened at 35.26 on Tuesday. The company has a market capitalization of $735.45 million, a P/E ratio of 15.33 and a beta of 0.48. The stock’s 50 day moving average price is $35.25 and its 200-day moving average price is $35.80. Republic Bancorp, Inc. has a one year low of $28.56 and a one year high of $40.74.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 21st. Stockholders of record on Friday, June 16th will be given a $0.22 dividend. This is a boost from Republic Bancorp’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Wednesday, June 14th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.50%. Republic Bancorp’s dividend payout ratio (DPR) is presently 38.10%.

A number of analysts have recently weighed in on the company. BidaskClub cut Republic Bancorp from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th. Zacks Investment Research raised Republic Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. Finally, Hovde Group raised Republic Bancorp from a “market perform” rating to an “outperform” rating and set a $39.00 price objective for the company in a research report on Wednesday, March 29th.

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About Republic Bancorp

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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