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Stock Market & Financial Investment News

News Breaks
May 12, 2014
08:53 EDTRBCAARepublic Bancorp merges with Republic Bank & Trust
Republic Bancorp is pleased to announce that the company’s federally chartered savings association subsidiary, Republic Bank, merged with the company’s Kentucky state chartered commercial bank subsidiary, Republic Bank & Trust. The former Republic Bank had a total of four banking centers located in the greater Tampa, Florida and greater Cincinnati, Ohio markets. The resulting merged Bank now boasts $3.5B in assets with 42 banking centers located in five states. The bank will continue to be supervised by the Federal Deposit Insurance and the Kentucky Department of Financial Institutions. This merger is expected to provide greater efficiency in the bank’s operations and allow its clients to have easier access to the Bank’s expanded banking center network.
News For RBCAA From The Last 14 Days
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January 21, 2015
10:43 EDTRBCAARepublic Bancorp upgraded to Long-Term Buy from Neutral at Hilliard Lyons
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January 16, 2015
08:08 EDTRBCAARepublic Bancorp reports Q4 EPS 25c, two estimates 26c
Net income from Core Banking was $6.6M for the fourth quarter of 2014, an increase of $1.5M, or 31%, from the fourth quarter of 2013. Return on average assets and return on average equity were 0.57% and 3.73%, respectively, for Q4. Steve Trager, Republic’s Chairman and CEO, commented "While many of the same economic headwinds that we have faced over the past several years still exist going into 2015, I am optimistic that we can continue to build upon our momentum from 2014 and achieve many new successes in 2015 as well."

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