Republic Bancorp, Inc. Reports Third Quarter 2024 Net Income of $26.5 Million, a 23% Increase Over the Third Quarter of 2023
Republic Bancorp, Inc. - Class A (RBCAA)
Last republic bancorp, inc. - class a earnings: 10/20 08:05 am
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Source: Business Wire
LOUISVILLE, Ky.--(BUSINESS WIRE)--Republic Bancorp, Inc. (“Republic” or the “Company”) reported third quarter 2024 net income and Diluted Earnings per Class A Common Share (“Diluted EPS”) of $26.5 million and $1.37 per share, representing increases of 23% and 25% over the third quarter of 2023. Year-to-date net income was $82.4 million, an $11.6 million, or 16%, increase from the same period in 2023, resulting in return on average assets (“ROA”) and return on average equity (“ROE”) of 1.60% and 11.53% for the first nine months of 2024.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241018102681/en/Logan Pichel, President & CEO of the Republic Bank & Trust Company commented, “We are proud to report another strong performance for the third quarter. Our third quarter results reflect our on-going strategic initiatives to enhance revenue, while maintaining our expense discipline. Our success is particularly evident within our
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News
- Republic Bancorp, Inc. Declares Common Stock DividendsBusiness Wire
- Republic Bancorp, Inc. (NASDAQ: RBCAA) was downgraded by analysts at Hovde Group from an "outperform" rating to a "market perform" rating. They now have a $80.00 price target on the stock, up previously from $78.00.MarketBeat
- Republic Bancorp, Inc. (NASDAQ: RBCAA) had its price target raised by analysts at Hovde Group from $68.00 to $78.00. They now have an "outperform" rating on the stock.MarketBeat
- Republic Bancorp GAAP EPS of $1.37 beats by $0.15, revenue of $65.7M [Seeking Alpha]Seeking Alpha
- Private companies account for 51% of Republic Bancorp, Inc.'s (NASDAQ:RBCA.A) ownership, while institutions account for 26% [Yahoo! Finance]Yahoo! Finance
RBCAA
Sec Filings
- 11/20/24 - Form 8-K
- 11/8/24 - Form SC
- 11/7/24 - Form 10-Q
- RBCAA's page on the SEC website