Republic Bancorp (RBCAA) Stock Price, News & Analysis

Company Overview

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. The company offers demand, money market accounts, savings, individual retirement accounts, time, brokered, and other certificates of deposit; and retail and commercial mortgage, construction and land development, consumer, aircraft, and marine loans. It also provides credit cards; title insurance and other financial products and services; and private banking, lockbox processing, remote deposit capture, business online banking, account reconciliation, automated clearing house processing, and internet and mobile banking services. In addition, it offers short-term and revolving credit facilities to mortgage bankers through mortgage warehouse lines of credit; mortgage banking; tax refund solutions, which facilitate the receipt and payment of federal and state tax refund products through third-party tax preparers and tax-preparation software providers; payments-related products and services to consumers through third party service providers; and consumer credit products. The company offers its services through full-services banking centers in Kentucky, Indiana, Florida, Ohio, and Tennessee. Republic Bancorp, Inc. was incorporated in 1974 and is headquartered in Louisville, Kentucky.

Key Stats

• Today's Range: $73.44 to $75.03
• 50-Day Range: $61.27 to $78.12
• 52-Week Range: $46.55 to $79.75
• Volume: 11,042 shs
• Average Volume: 19,586 shs
• Market Capitalization: $1.46 billion
• P/E Ratio: 14.23
• Dividend Yield: 2.18%
• Price Target: $80.00
• Consensus Rating: Hold

Republic Bancorp Stock Analysis - MarketRank™

Republic Bancorp scored higher than 39% of companies evaluated by MarketBeat, and ranked 723rd out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Republic Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Republic Bancorp has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Republic Bancorp is 14.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.48.

Price to Earnings Ratio vs. Sector

The P/E ratio of Republic Bancorp is 14.23, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.62.

Price to Book Value per Share Ratio

Republic Bancorp has a P/B Ratio of 1.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.55% of the float of Republic Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Republic Bancorp has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Republic Bancorp has recently decreased by 3.04%, indicating that investor sentiment is improving.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Republic Bancorp pays a meaningful dividend of 2.14%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Republic Bancorp has been increasing its dividend for 26 years.

Dividend Coverage

The dividend payout ratio of Republic Bancorp is 30.80%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.55% of the float of Republic Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Republic Bancorp has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Republic Bancorp has recently decreased by 3.04%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.0 / 5
• News Sentiment: N/A

News Sentiment

Republic Bancorp has a news sentiment score of -0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Republic Bancorp this week, compared to 1 article on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Republic Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $299,172.00 in company stock.

Percentage Held by Insiders

56.60% of the stock of Republic Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 24.37% of the stock of Republic Bancorp is held by institutions.

RBCAA Stock Analysis - Frequently Asked Questions

How have RBCAA shares performed this year?

Republic Bancorp's stock was trading at $55.16 at the beginning of the year. Since then, RBCAA shares have increased by 35.7% and is now trading at $74.84.
View the best growth stocks for 2024 here.

How were Republic Bancorp's earnings last quarter?

Republic Bancorp, Inc. (NASDAQ:RBCAA) issued its earnings results on Friday, October, 18th. The bank reported $1.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.21 by $0.16. The bank had revenue of $118.36 million for the quarter. Republic Bancorp had a net margin of 20.65% and a trailing twelve-month return on equity of 10.79%.

Who are Republic Bancorp's major shareholders?

Republic Bancorp's top institutional investors include Geode Capital Management LLC (1.13%), State Street Corp (1.08%), Charles Schwab Investment Management Inc. (0.52%) and Empowered Funds LLC (0.32%). Insiders that own company stock include Kevin D Sipes, Scott Trager, Steven E Deweese, Michael T Rust, Juan Montano, David P Feaster, Christy Ames, Pedro A Bryant, Laura M Douglas and Steve Trager.
View institutional ownership trends.

How do I buy shares of Republic Bancorp?

Shares of RBCAA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Ex-Dividend for 10/18 Dividend: 9/20/2024
• Last Earnings: 10/18/2024
• Dividend Payable: 10/18/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/24/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:RBCAA
• CUSIP: 76028120
• CIK: 921557
• Web: www.republicbank.com
• Phone: (502) 584-3600
• Fax: 502-560-8633
• Employees: 1,028
• Year Founded: 1982

Price Target and Rating

• Average Stock Price Target: $80.00
• High Stock Price Target: $80.00
• Low Stock Price Target: $80.00
• Potential Upside/Downside: +6.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $5.26
• Trailing P/E Ratio: 14.23
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $90.37 million
• Net Margins: 20.65%
• Pretax Margin: 25.95%
• Return on Equity: 10.79%
• Return on Assets: 1.52%

Debt

• Debt-to-Equity Ratio: 0.38
• Current Ratio: 1.12
• Quick Ratio: 1.11

Sales & Book Value

• Annual Sales: $371.07 million
• Price / Sales: 3.92
• Cash Flow: $5.30 per share
• Price / Cash Flow: 14.11
• Book Value: $47.15 per share
• Price / Book: 1.59

Miscellaneous

• Outstanding Shares: 19,446,000
• Free Float: 8,440,000
• Market Cap: $1.46 billion
• Optionable: Optionable
• Beta: 0.51