Republic Bancorp (NASDAQ:RBCAA - Get Free Report) is projected to post its quarterly earnings results before the market opens on Friday, January 24th. Analysts expect Republic Bancorp to post earnings of $1.20 per share and revenue of $87,200.00 billion for the quarter.
Republic Bancorp (NASDAQ:RBCAA - Get Free Report) last issued its quarterly earnings data on Friday, October 18th. The bank reported $1.37 EPS for the quarter, topping the consensus estimate of $1.21 by $0.16. Republic Bancorp had a net margin of 20.65% and a return on equity of 10.79%. The firm had revenue of $118.36 million for the quarter.
Republic Bancorp Trading Up 2.0 %
Republic Bancorp stock traded up $1.35 during trading on Friday, hitting $68.84. The company had a trading volume of 25,842 shares, compared to its average volume of 19,595. The stock has a market cap of $1.34 billion, a price-to-earnings ratio of 13.09 and a beta of 0.56. The company has a current ratio of 1.12, a quick ratio of 1.11 and a debt-to-equity ratio of 0.38. Republic Bancorp has a 1-year low of $46.55 and a 1-year high of $80.68. The company's 50 day simple moving average is $73.28 and its 200-day simple moving average is $66.38.
Republic Bancorp Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Friday, December 20th will be given a dividend of $0.407 per share. The ex-dividend date is Friday, December 20th. This represents a $1.63 annualized dividend and a dividend yield of 2.36%. Republic Bancorp's dividend payout ratio is currently 30.99%.
Wall Street Analyst Weigh In
Separately, Hovde Group downgraded shares of Republic Bancorp from an "outperform" rating to a "market perform" rating and boosted their price target for the stock from $78.00 to $80.00 in a research note on Wednesday, November 13th.
Read Our Latest Report on Republic Bancorp
Insider Buying and Selling at Republic Bancorp
In other news, Director Heather V. Howell sold 1,496 shares of the business's stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $75.63, for a total transaction of $113,142.48. Following the transaction, the director now directly owns 7,491 shares in the company, valued at $566,544.33. The trade was a 16.65 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 56.60% of the stock is owned by company insiders.
Republic Bancorp Company Profile
(
Get Free Report)
Republic Bancorp, Inc operates as a bank holding company for Republic Bank & Trust Company that provides various banking products and services in the United States. It operates in six segments: Traditional Banking, Warehouse, Mortgage Banking, Tax Refund Solutions, Republic Payment Solutions, and Republic Credit Solutions.
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