According to Zacks, “Republic Bancorp, Inc. is a financial holding company. “
Shares of Republic Bancorp (NASDAQ:RBCAA) traded down 0.03% during trading on Tuesday, hitting $30.89. The stock had a trading volume of 726 shares. The stock has a market cap of $644.43 million, a price-to-earnings ratio of 16.55 and a beta of 0.72. Republic Bancorp has a one year low of $23.00 and a one year high of $33.26. The stock’s 50-day moving average price is $31.21 and its 200 day moving average price is $28.73.
Republic Bancorp (NASDAQ:RBCAA) last announced its quarterly earnings data on Friday, July 22nd. The company reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.04. Republic Bancorp had a net margin of 18.78% and a return on equity of 6.70%. On average, equities analysts forecast that Republic Bancorp will post $2.04 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, October 21st. Stockholders of record on Friday, September 16th will be given a dividend of $0.209 per share. The ex-dividend date is Wednesday, September 14th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.71%. Republic Bancorp’s dividend payout ratio is 44.68%.
Institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP boosted its stake in Republic Bancorp by 1.7% in the second quarter. Dimensional Fund Advisors LP now owns 715,826 shares of the company’s stock valued at $19,778,000 after buying an additional 12,107 shares in the last quarter. Stadium Capital Management LLC boosted its stake in Republic Bancorp by 19.0% in the first quarter. Stadium Capital Management LLC now owns 442,776 shares of the company’s stock valued at $11,437,000 after buying an additional 70,745 shares in the last quarter. Vanguard Group Inc. boosted its stake in Republic Bancorp by 5.5% in the second quarter. Vanguard Group Inc. now owns 407,383 shares of the company’s stock valued at $11,257,000 after buying an additional 21,198 shares in the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in Republic Bancorp by 3.9% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 387,169 shares of the company’s stock valued at $10,697,000 after buying an additional 14,611 shares in the last quarter. Finally, Numeric Investors LLC boosted its stake in Republic Bancorp by 94.4% in the second quarter. Numeric Investors LLC now owns 119,938 shares of the company’s stock valued at $3,314,000 after buying an additional 58,247 shares in the last quarter. 24.31% of the stock is currently owned by institutional investors.
About Republic Bancorp
Republic Bancorp, Inc (Republic) 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. It operates in four segments: Traditional Banking, which provides traditional banking products primarily to customers; Warehouse Lending (Warehouse), which provides short-term, revolving credit facilities to mortgage bankers across the Nation; 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.
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