Republic Bancorp, Inc. KY (NASDAQ:RBCAA) released its earnings results on Friday. The bank reported $0.83 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.08, Bloomberg Earnings reports. Republic Bancorp, Inc. KY had a return on equity of 11.41% and a net margin of 24.45%. The firm had revenue of $66.34 million for the quarter.
Republic Bancorp, Inc. KY stock opened at $42.60 on Monday. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.27 and a quick ratio of 1.23. Republic Bancorp, Inc. KY has a one year low of $35.17 and a one year high of $52.68. The stock has a market capitalization of $903.40 million, a PE ratio of 11.23 and a beta of 0.68. The business’s fifty day moving average is $43.11 and its 200 day moving average is $46.12.
Separately, BidaskClub raised Republic Bancorp, Inc. KY from a “strong sell” rating to a “sell” rating in a research note on Thursday, September 12th.
In related news, EVP Juan Montano sold 2,219 shares of the stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $42.63, for a total transaction of $94,595.97. Following the sale, the executive vice president now directly owns 9,923 shares of the company’s stock, valued at $423,017.49. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 52.00% of the company’s stock.
About Republic Bancorp, Inc. KY
Republic Bancorp, Inc, a financial holding company, provides banking products and services in the United States. It operates through five segments: Traditional Banking, Warehouse Lending, Mortgage Banking, Tax Refund Solutions, and Republic Credit Solutions. The company accepts demand, savings, time, and brokered and other certificates of deposit; and money market and individual retirement accounts.
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