Republic Bancorp, Inc. KY Class A (RBCAA) Earns Daily News Sentiment Rating of 0.06
News articles about Republic Bancorp, Inc. KY Class A (NASDAQ:RBCAA) have been trending somewhat positive recently, Accern reports. Accern identifies positive and negative press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Republic Bancorp, Inc. KY Class A earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 46.2683766981123 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
RBCAA stock traded down $0.10 during midday trading on Friday, reaching $48.50. The stock had a trading volume of 20,675 shares, compared to its average volume of 10,020. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.24 and a current ratio of 1.25. The firm has a market capitalization of $1.03 billion, a P/E ratio of 17.00 and a beta of 0.29. Republic Bancorp, Inc. KY Class A has a 52-week low of $34.24 and a 52-week high of $50.70.
Republic Bancorp, Inc. KY Class A (NASDAQ:RBCAA) last posted its quarterly earnings results on Friday, July 20th. The bank reported $0.74 EPS for the quarter, topping the consensus estimate of $0.58 by $0.16. Republic Bancorp, Inc. KY Class A had a return on equity of 9.45% and a net margin of 19.24%. The business had revenue of $65.38 million for the quarter.
RBCAA has been the topic of a number of research analyst reports. BidaskClub cut shares of Republic Bancorp, Inc. KY Class A from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 16th. Hovde Group set a $51.00 price target on shares of Republic Bancorp, Inc. KY Class A and gave the company a “hold” rating in a research note on Monday, July 23rd.
In related news, EVP Juan Montano sold 3,000 shares of the business’s stock in a transaction dated Friday, July 27th. The shares were sold at an average price of $47.91, for a total value of $143,730.00. Following the sale, the executive vice president now directly owns 8,084 shares in the company, valued at approximately $387,304.44. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 52.30% of the stock is currently owned by insiders.
About Republic Bancorp, Inc. KY Class A
Republic Bancorp, Inc, a financial holding company, provides banking products and services in the United States. It operates in five segments: Traditional Banking, Warehouse Lending, Mortgage Banking, Tax Refund Solutions, and Republic Credit Solutions. The company accepts demand, savings, time, and brokered and other certificates of deposits; and money market and individual retirement accounts.
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