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Republic Bancorp, Inc. - $RBCAA STOCK NEWS

Welcome to our dedicated page for Republic Bancorp news (Ticker: $RBCAA), a resource for investors and traders seeking the latest updates and insights on Republic Bancorp stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Republic Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Republic Bancorp's position in the market.

Rhea-AI Summary

Republic Bancorp, parent company of Republic Bank & Trust, announced a cash dividend of $0.407 per share on Class A Common Stock and $0.37 per share on Class B Common Stock. The dividends will be payable on July 19, 2024, to shareholders of record as of June 21, 2024.

Republic Bancorp operates 47 banking centers in five states, including Kentucky, Indiana, Ohio, Florida, and Tennessee. The company offers internet banking services and has a loan production office in St. Louis, Missouri. As of March 31, 2024, Republic Bancorp had total assets of approximately $6.9 billion. The Class A Common Stock is listed on NASDAQ under the symbol RBCAA.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.11%
Tags
dividends
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Rhea-AI Summary

Republic Bancorp, Inc. and Republic Bank & Trust Company have appointed two new directors, Yoania “Jo” Cannon and Alejandro “Alex” Sanchez, to their boards. Cannon brings strong managerial and finance expertise from positions at Brown-Forman , while Sanchez's background includes banking, military, and legal experience. Their addition is expected to enhance the company's strategic direction and community impact.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.49%
Tags
management
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Rhea-AI Summary
Republic Bancorp, Inc. (NASDAQ: RBCAA) reported a strong first-quarter 2024 with a net income of $30.6 million. The company, based in Louisville, Kentucky, serves as the holding company for Republic Bank & Trust Company.
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Rhea-AI Sentiment
End-of-Day
0.44%
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Rhea-AI Summary
Republic Bank, based in Kentucky, has been named a top-50 best-performing bank by S&P Global Market Intelligence. The bank achieved this ranking due to its strong financial performance, growth, and funding. Republic Bank stands out as the highest-ranked bank in Kentucky, showcasing its stability and commitment to clients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.18%
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none
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Rhea-AI Summary
Republic Bank & Trust Company has been recognized as one of America’s Best Regional Banks and Credit Unions 2024 by Newsweek and Plant-A-Insights Group. This acknowledgment is based on real consumer input, showcasing the Bank's commitment to delivering customer-focused financial services. Republic was also named to Newsweek’s Best Online Lenders in America 2024 list, highlighting its technological leadership and customer-first approach.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.98%
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none
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Rhea-AI Summary
Republic Bancorp, Inc. (NASDAQ: RBCAA) is the holding company of Republic Bank & Trust Company, headquartered in Louisville, Kentucky. The company recently announced its financial results for the first quarter of 2021, reporting a net income of $14.9 million, a 39% increase from the same period last year. The total revenue also saw a significant rise, reaching $74.3 million, marking a 24% increase year-over-year. The Bank's total assets grew to $6.1 billion, reflecting a 17% increase from the first quarter of 2020. These positive financial indicators demonstrate the company's strong performance and growth in the current market conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
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Rhea-AI Summary
Republic Bancorp, Inc. (RBCAA) announced a 9% increase in quarterly cash dividends for Class A and Class B Common Stock, payable on April 19, 2024. This results in an annualized dividend yield of 3.20% for Class A Common stock. The company has 47 banking centers across five states and approximately $6.6 billion in assets as of December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.95%
Tags
dividends
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Rhea-AI Summary
Republic Bancorp, Inc. (RBCAA) Declares Cash Dividend of $0.374 per Share on Class A Common Stock and $0.34 per Share on Class B Common Stock, Payable January 19, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.45%
Tags
dividends
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Rhea-AI Summary
Republic Bank named one of America's Best Online Lenders by Newsweek in multiple loan categories.
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Rhea-AI Sentiment
End-of-Day
0.37%
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none
Rhea-AI Summary
Republic Bancorp, Inc. reported a 8% increase in net income and a 9% increase in Diluted EPS for the third quarter of 2023 compared to the same period in 2022. The company's Core Bank credit quality remained strong, with a low delinquency ratio of 0.14%. However, the Core Bank's net income decreased by 12% from Q3 2022 to Q3 2023. The solid performance of Republic Processing Group (RPG) helped increase Total Company net income by 69% from Q3 2022 to Q3 2023. The company's focus on credit quality and disciplined expense control contributed to its positive financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.69%
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Republic Bancorp, Inc.

Nasdaq:RBCAA

RBCAA Rankings

RBCAA Stock Data

971.19M
8.73M
52.21%
27.96%
0.35%
Commercial Banking
Finance and Insurance
Link
United States of America
LOUISVILLE