Republic Bancorp, Inc. KY (NASDAQ:RBCAA) Announces Quarterly Earnings Results, Beats Estimates By $0.08 EPS
Republic Bancorp, Inc. KY (NASDAQ:RBCAA) issued its quarterly earnings results on Friday. The bank reported $0.86 EPS for the quarter, topping the consensus estimate of $0.78 by $0.08, MarketWatch Earnings reports. Republic Bancorp, Inc. KY had a net margin of 24.45% and a return on equity of 11.57%. The firm had revenue of $69.07 million during the quarter.
Shares of RBCAA opened at $48.26 on Monday. Republic Bancorp, Inc. KY has a 52-week low of $35.17 and a 52-week high of $52.68. The company has a quick ratio of 1.16, a current ratio of 1.17 and a debt-to-equity ratio of 0.89. The firm has a 50-day moving average of $48.20. The company has a market cap of $1.01 billion, a price-to-earnings ratio of 12.57 and a beta of 0.61.
The business also recently announced a quarterly dividend, which will be paid on Friday, October 18th. Investors of record on Friday, September 20th will be given a $0.264 dividend. The ex-dividend date is Thursday, September 19th. This represents a $1.06 dividend on an annualized basis and a yield of 2.19%.
Separately, BidaskClub upgraded shares of WhiteHorse Finance from a “sell” rating to a “hold” rating in a research note on Thursday.
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.
Recommended Story: What is the downside to momentum investing?
Receive News & Ratings for Republic Bancorp Inc. KY Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Republic Bancorp Inc. KY and related companies with MarketBeat.com's FREE daily email newsletter.