Benzinga | Jul 23, 2021 09:01AM EDT

Recap: Republic Bancorp Q2 Earnings



Shares of Republic Bancorp (NASDAQ:RBCAA) were unchanged after the company reported Q2 results.

Quarterly Results

Earnings per share increased 52.63% over the past year to $1.16, which beat the estimate of $1.11.

Revenue of $49,638,000 declined by 4.92% year over year, which missed the estimate of $55,170,000.

Looking Ahead

Republic Bancorp hasn't issued any earnings guidance for the time being.

Republic Bancorp hasn't issued any revenue guidance for the time being.

Recent Stock Performance

52-week high: $48.98

52-week low: $27.22

Price action over last quarter: Up 3.86%

Company Profile

Republic Bancorp Inc operates as a financial institution that provides both traditional and non-traditional banking products through five reportable segments. It has traditional banking, warehouse, mortgage banking, Tax Refund Solutions (TRS) and Republic Credit Solutions (RCS) business segments. The business activities of these segments include retail mortgage lending, commercial lending, construction and land development lending, internet lending, correspondent lending and indirect lending and also private banking, treasury management services, internet and mobile banking, bank acquisitions, short-term revolving credit facilities, fixed-term residential real estate loans and receipt and payment of federal and state tax refund products under the TRS division.