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Last $25.12 USD
Change Today -0.22 / -0.87%
Volume 20.0K
RBCAA On Other Exchanges
Symbol
Exchange
NASDAQ GS
OTC US
As of 4:00 PM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

republic bancorp inc-class a (RBCAA) Snapshot

Open
$25.73
Previous Close
$25.34
Day High
$25.73
Day Low
$25.10
52 Week High
10/17/14 - $27.00
52 Week Low
12/16/14 - $22.00
Market Cap
524.0M
Average Volume 10 Days
20.3K
EPS TTM
$1.56
Shares Outstanding
18.6M
EX-Date
09/16/15
P/E TM
16.1x
Dividend
$0.79
Dividend Yield
3.02%
Current Stock Chart for REPUBLIC BANCORP INC-CLASS A (RBCAA)

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republic bancorp inc-class a (RBCAA) Details

Republic Bancorp, Inc., through its subsidiary, Republic Bank & Trust Company, provides banking services to individuals and businesses in the United States. It operates in four segments: Traditional Banking, Warehouse Lending, Mortgage Banking, and Republic Processing Group. The company offers various deposit products for commercial business clients; single family, first lien residential real estate, and adjustable rate mortgage loans; home equity loans and lines of credit; and commercial real estate and multi-family loans for office buildings, medical facilities, retail centers, warehouses, apartment buildings, condominiums, schools, religious institutions, and other commercial properties. It also provides residential construction real estate loans for the construction of single family dwellings; secured and unsecured personal loans; Internet and correspondent lending; and trust, title insurance, and other financial products and services. In addition, it offers lockbox processing, remote deposit capture, business on-line banking, account reconciliation, and automated clearing house processing services; Internet banking services; and financial products and services to high net worth individuals. Further, the company provides short-term and revolving credit facilities to mortgage bankers; tax refund solutions, which facilitates the payment of federal and state tax refund products through third-party tax preparers and tax-preparation software providers; general purpose reloadable prepaid debit cards through third party program managers; and short-term consumer credit products. The company, through its subsidiary, Republic Insurance Services, Inc. offers property and casualty insurance services. As of April 17, 2015, it operated 40 banking centers, including 32 banking centers in 12 Kentucky communities; 3 in southern Indiana; 2 in Florida; 2 in Tennessee; and 1 in Blue Ash, Ohio. Republic Bancorp, Inc. was founded in 1974 and is headquartered in Louisville, Kentucky.

751 Employees
Last Reported Date: 07/17/15
Founded in 1974

republic bancorp inc-class a (RBCAA) Top Compensated Officers

Chairman, Chief Executive Officer, Chairman o...
Total Annual Compensation: $365.0K
President, Director, President of Republic Ba...
Total Annual Compensation: $460.5K
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $292.8K
President of Republic Processing Group
Total Annual Compensation: $276.0K
Senior Vice President of Commercial Lending -...
Total Annual Compensation: $242.5K
Compensation as of Fiscal Year 2014.

republic bancorp inc-class a (RBCAA) Key Developments

Republic Bancorp Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Net Charge-Offs to Average Loans for the Second Quarter Ended June 30, 2015

Republic Bancorp Inc. reported earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported income before income tax expense of $12,474,000 against $9,654,000 a year ago. Net income was $8,320,000 or $0.40 diluted per class A share against $6,322,000 or $0.30 diluted per class A share a year ago. Diluted earnings per class B common stock were $0.36 compared to $0.29 a year ago. Return on average assets and return on average equity were 0.85% and 5.78% compared to 0.73% and 4.54% a year ago. Total interest income was $35,722,000 against $33,405,000 a year ago. Net interest income was $31,058,000 against $27,550,000 a year ago. Book value per share was $27.48 as on June 30, 2015 against $26.71 as on June 30, 2014. Tangible book value per share was $26.76 against $25.98 a year ago. Net income from Core Banking was $7.7 million, an increase of $1.8 million, or 30%, from the first quarter of 2014. The increase in quarterly net income at the core bank continued to be driven by higher net interest income resulting from solid loan growth. For the six months ended June 30, 2015, the company reported income before income tax expense of $33,223,000 against $28,177,000 a year ago. Net income was $22,108,000 or $1.07 diluted per class A share against $18,306,000 or $0.88 diluted per class A share a year ago. Diluted earnings per class B common stock were $0.97 compared to $0.85 a year ago. Return on average assets and return on average equity were 1.12% and 7.74% compared to 1.04% and 4.54% a year ago. Total interest income was $69,483,000 against $64,902,000 a year ago. Net interest income was $60,080,000 against $54,854,000 a year ago. Book value per share was $27.48 as on June 30, 2015 against $26.71 as on June 30, 2014. Tangible book value per share was $26.76 against $25.98 a year ago. For the quarter, the company reported net charge-offs to average loans (annualized) of 0.04% compared to 0.02% for quarter ended March 31, 2015.

Republic Bancorp Plans Acquisition

Republic Bancorp Inc. (NasdaqGS:RBCA.A) plans to acquire a bank. Steve Trager, Republic's Chairman and Chief Executive Officer said: "While we have made well known our desire to make a prudent bank acquisition in the near-term, our ability to grow organically through our various origination channels provides us the opportunity to remain disciplined in seeking the right partner. In the meantime, we will continue to review and enhance our strategic plan, as we seek to heighten our overall organic performance with the goal of managing risk and maximizing return commensurate with the highest performing banks in the Nation."

Republic Bancorp Inc. Declares Cash Dividend Payable on October 16, 2015

Republic Bancorp Inc. declared a cash dividend of $0.198 per share on Class A Common Stock and $0.18 per share on Class B Common Stock, payable on October 16, 2015 to shareholders of record as of September 18, 2015.

 

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RBCAA Competitors

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Company Last Change
Bryn Mawr Bank Corp $28.88 USD -0.07
Community Trust Bancorp Inc $35.16 USD -0.07
Flushing Financial Corp $20.57 USD +0.25
MainSource Financial Group Inc $21.91 USD +0.01
TrustCo Bank Corp NY $6.23 USD +0.04
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Industry Analysis

RBCAA

Industry Average

Valuation RBCAA Industry Range
Price/Earnings 16.3x
Price/Sales 3.3x
Price/Book 0.9x
Price/Cash Flow 16.2x
TEV/Sales NM Not Meaningful
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