Last $24.98 USD
Change Today +0.54 / 2.21%
Volume 20.4K
RBCAA On Other Exchanges
Symbol
Exchange
NASDAQ GS
OTC US
As of 8:10 PM 12/18/14 All times are local (Market data is delayed by at least 15 minutes).

republic bancorp inc-class a (RBCAA) Snapshot

Open
$24.51
Previous Close
$24.44
Day High
$24.98
Day Low
$24.11
52 Week High
10/17/14 - $27.00
52 Week Low
04/17/14 - $18.74
Market Cap
520.0M
Average Volume 10 Days
19.3K
EPS TTM
$1.20
Shares Outstanding
18.6M
EX-Date
12/17/14
P/E TM
20.8x
Dividend
$0.75
Dividend Yield
2.95%
Current Stock Chart for REPUBLIC BANCORP INC-CLASS A (RBCAA)

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republic bancorp inc-class a (RBCAA) Details

Republic Bancorp, Inc., a bank holding company, provides banking services to individuals and businesses in the United States. The company’s deposit products include demand deposits, money market and brokered money market accounts, savings and time deposits, individual retirement accounts, certificates of deposit, and brokered certificates of deposit. Its loan portfolio comprises single family first lien residential real estate loans, home equity loans, and home equity lines of credit; commercial real estate and multi-family loans secured by office buildings, medical facilities, retail centers, warehouses, apartment buildings, condominiums, schools, religious institutions, and other types of commercial real estate; residential construction real estate loans; and credit cards and home improvement loans, as well as other secured and unsecured personal loans. In addition, the company provides private banking services to high net worth individuals; treasury management services, such as lockbox processing, remote deposit capture, business online banking, account reconciliation, and automated clearing house processing services; Internet banking services and products through its republicbank.com Website; correspondent lending services; and trust, title insurance, and other financial institution related products and services. Further, it is involved in the origination and sale of loans in the secondary market; provision of short-term revolving credit facilities secured by single family residential real estate loans to mortgage bankers; and servicing loans. Additionally, the company offers tax refund solutions, which facilitate the payment of federal and state tax refund products through third-party tax preparers and tax-preparation software providers. As of May 21, 2014, it operated 42 banking centers. Republic Bancorp, Inc. was founded in 1974 and is headquartered in Louisville, Kentucky.

736 Employees
Last Reported Date: 03/14/14
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: $360.5K
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 Republic Bank& Trust...
Total Annual Compensation: $242.5K
Compensation as of Fiscal Year 2013.

republic bancorp inc-class a (RBCAA) Key Developments

Republic Bancorp, Inc. Declares Common Stock Dividends Payable on January 16, 2015

Republic Bancorp Inc. declared a cash dividend of $0.187 per share on Class A Common Stock and $0.17 per share on Class B Common Stock, payable on January 16, 2015 to shareholders of record as of December 19, 2014.

Republic Bancorp Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Republic Bancorp Inc. reported earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net income of $5,246,000 compared to $4,603,000 for the same period of last year. Total interest income was $33,144,000 compared to $34,009,000 for the same period of last year. Net interest income was $28,442,000 compared to $28,539,000 for the same period of last year. Income before income tax expense was $8,254,000 compared to $7,553,000 for the same period of last year. Book value per share as on date was $26.78 compared to $25.47 for the same period of last year. Diluted earnings per Class A common stock was $0.25 compared to $0.22 for the same period of last year. Diluted earnings per Class B common stock was $0.24 compared to $0.21 for the same period of last year. Return on average assets was 0.59% compared to 0.55% for the same period of last year. Return on average equity was 3.76% compared to 3.36% for the same period of last year. For the nine months, the company reported net income of $23,552,000 compared to $24,078,000 for the same period of last year. Total interest income was $98,046,000 compared to $102,529,000 for the same period of last year. Net interest income was $83,296,000 compared to $86,436,000 for the same period of last year. Income before income tax expense was $36,431,000 compared to $37,477,000 for the same period of last year. Diluted earnings per Class A common stock was $1.13 compared to $1.16 for the same period of last year. Diluted earnings per Class B common stock was $1.08 compared to $1.11 for the same period of last year. Return on average assets was 0.89% compared to 0.95% for the same period of last year. Return on average equity was 5.65% compared to 5.87% for the same period of last year.

Republic Bancorp Seeks Acquisitions

Republic Bancorp Inc. (NasdaqGS:RBCA.A) is seeking acquisitions. "On a regular basis we are asked about our long-term acquisition plans and deployment of our excess capital. Although we have experienced a great deal of success growing our balance sheet during the first nine months of 2014 through internal products and business lines, growing through acquisition remains a key growth initiative in our long-term plans. We have deployed, and will continue to deploy, a large amount of resources to finding the right bank with which to partner. Our primary focus in the traditional mergers and acquisitions market has been on banks with total assets of $1 billion or less, with acceptable credit quality metrics in markets that are synergistic with our existing markets, and with balance sheets that will supplement our own existing balance sheet. We will continue to search hard until we find the right fit for our Bank and our shareholders. In the meantime we will continue to work hard to grow our Bank organically and to deploy our strategic capital conservatively until our on-going diligence provides us the right opportunity to grow through acquisition," concluded Steve Trager, Republic's Chairman and Chief Executive Officer.

 

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Industry Analysis

RBCAA

Industry Average

Valuation RBCAA Industry Range
Price/Earnings 20.5x
Price/Sales 3.3x
Price/Book 0.9x
Price/Cash Flow 20.4x
TEV/Sales NM Not Meaningful
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