Republic Bancorp (RBCAA) Tops Q1 EPS by 9c

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Go back to Republic Bancorp (RBCAA) Tops Q1 EPS by 9c

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