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
H&R Block reported a smaller loss for the first quarter, driven by a four percent increase in revenues, partly offset by foreign currency fluctuations. The company announced a $3.5 billion stock buyback, and its shares gained 7% in after-hours trade... About nine-tenths of the world's sea birds are likely to have consumed pieces of plastic which continue to remain in their guts, a study shows. Automakers reported some mixed U.S. sales for August, marked by fewer working days and a delayed Labor Day, even as the month was largely bullish, spurred by lower interest rates, cheaper gas, and some strong employment data that buoyed consumer confidence.
comments powered by Disqus
Follow RTT