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Stock impact report

Republic Bancorp, Inc. Reports Fourth Quarter 2023 Net Income of $19.7 Million [Yahoo! Finance]

Republic Bancorp, Inc. - Class A (RBCAA) 
Last republic bancorp, inc. - class a earnings: 10/20 08:05 am Check Earnings Report
US:NASDAQ Investor Relations: investors.myrepublicbank.com
Company Research Source: Yahoo! Finance
LOUISVILLE, Ky., January 26, 2024 BUSINESS WIRE Republic Bancorp, Inc. ("Republic" or the "Company") reported fourth quarter 2023 net income and Diluted Earnings per Class A Common Share ("Diluted EPS") of $19.7 million and $1.01 per share, representing increases of 6% and 7% over the fourth quarter of 2022. Logan Pichel , President and CEO of the Bank commented, "We are proud to report the completion of another successful year at Republic Bank as we continue our mission to enable our clients, Company, associates, and the communities we serve to thrive. Included among our accomplishments for the year were: Increased Adjusted Net Income , a Non-GAAP metric, 21% for 2023 over 2022, adjusting for the Day-1 merger related expenses associated with the CBank acquisition and the net benefit in 2022 from the termination penalty and legal settlements received from Green Dot. Generated a total return on Republic's stock of 39% in 2023 versus a decline of 1% by the KBW NASDAQ Bank Index d Show less Read more
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