logo
Share SHARE
FONT-SIZE Plus   Neg

Republic Bancorp Q1 Profit Rises - Quick Facts

Republic Bancorp, Inc. (RBCAA) said its net income for the first quarter increased to $82.5 million from $71.41 million in the prior year. Earnings per Class A share advanced to $3.92 from $3.40.

Net interest income for the quarter fell year-over-year to $73.22 million from $83.97 million. Meanwhile, total non interest income rose to $106.81 million from $87.31 million in the previous year.

Analysts polled by Thomson Reuters expected the company to earn $3.51 per share on revenues of $172.05 million for the quarter. Analysts' estimates typically exclude special items.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Cable-cutters have now one more reason to do so as live television streaming will be available on YouTube TV in 14 more markets in the U.S. Facebook Chief Operating Officer Sheryl Sandberg has donated nearly $100 million in Facebook shares to charity. This is her second charitable donation within a year. A document was filed on Thursday with the Security and Exchange Commission, which shows that Sandberg transferred shares to a special fund she uses for charitable donations. Ford Motor Co.'s new CEO Jim Hackett has taken a more cautious approach to the automaker's plans for rolling out autonomous vehicles. Ford is currently undertaking a 100-day review of its operations and Hackett indicated at delays to the company's plans to launch a fully-autonomous vehicle by 2021.
comments powered by Disqus
Follow RTT