Republic Bancorp (RBCAA) Tops Q1 EPS by 9c

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Republic Bancorp, Inc. Maintains Robust Loan Growth as Second Quarter 2015 Net Income Exceeds Second Quarter 2014 Net Income by 32%

July 17, 2015 8:05 AM EDT

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Republic Bancorp, Inc. (NASDAQ: RBCAA), headquartered in Louisville, Kentucky, is the holding company for Republic Bank & Trust Company (the Bank).

Republic Bancorp, Inc. (Republic or the Company) is pleased to report second quarter net income of $8.3 million, a 32% increase over the second quarter of 2014, resulting in Diluted Earnings per Class A Common Share of $0.40. Return on average assets (ROA) and return on average equity (ROE) were 0.85% and 5.78%, respectively, for the second quarter of 2015.

Steve Trager, Republics Chairman and Chief Executive Officer, commented: We are very proud... More