Republic Bancorp Inc reports results for the quarter ended March 31 - Earnings Summary

• Republic Bancorp Inc RBCAA.OQ reported quarterly adjusted earnings of $2.42​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.58. The lone analyst forecast for the quarter was for earnings of $1.86 per share.

• Revenue rose 6% to $102.69 million from a year ago; analysts expected $102.70 million.

• Republic Bancorp Inc's reported EPS for the quarter was $2.42​.

• The company reported quarterly net income of $47.27 million.

• Republic Bancorp Inc shares had risen by 4.7% this quarter and lost 4.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 14.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "hold"

• Wall Street's median 12-month price target for Republic Bancorp Inc is $64.00

This summary was machine generated from LSEG data April 24 at 01:33 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)