28 May, 2017
More notable recent First Republic Bank (NYSE:FRC) news were published by: Businesswire.com which released: "First Republic Bank Issues Notice of Redemption of Series B Preferred Shares" on May 17, 2017, also Nasdaq.com with their article: "First Republic Bank Extends CEO's Contract Through 2020" published on May 11, 2017, Businesswire.com published: "First Republic Bank Extends Contract of Chairman and Founding CEO Jim Herbert" on May 10, 2017. Five analysts have issued estimates for First Republic Bank's earnings, with the highest sales estimate coming in at $682 million and the lowest estimate coming in at $623.9 million. Norges Bank bought a new stake in shares of Republic Bancorp, Inc. Creative Planning now owns 1,160 shares of the bank's stock worth $109,000 after buying an additional 60 shares during the last quarter. Commerzbank Aktiengesellschaft FI raised its position in shares of First Republic Bank by 0.8% in the fourth quarter. Creative Planning raised its stake in shares of First Republic Bank by 5.5% in the first quarter. Keybank National Association OH raised its position in shares of First Republic Bank by 0.9% in the fourth quarter. The bank reported $0.03 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.02 by $0.01. Toronto Dominion Bank now owns 1,944 shares of the bank's stock worth $182,000 after buying an additional 645 shares during the last quarter.
83873 shares were traded on Republic Bancorp, Inc.'s last session. 514,045 shares of the company traded hands. The company's 50-day moving average is $92.05 and its 200 day moving average is $91.22.
"On the heels of another successful quarter that reflected a 13% year-over-year growth in earnings, it is a pleasure to again reward our loyal shareholders with this 18 consecutive annual increase in our Company's quarterly cash dividend". The bank reported $1.01 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $1.01. The firm had revenue of $601.14 million during the quarter, compared to analysts' expectations of $626.14 million. Republic Bancorp, Inc. KY had a net margin of 19.83% and a return on equity of 7.71%. They expect $1.09 EPS, up 22.47 % or $0.20 from last year's $0.89 per share.
Republic Bancorp, Inc. KY has a 52 week low of $26.06 and a 52 week high of $40.74 with a P/E ratio of 15.33 RBCAA's total market value is presently $0.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 11th. This represents a $0.68 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date of this dividend is Tuesday, April 25th. First Republic Bank's payout ratio is presently 16.49%. If you are accessing this news story on another site, it was stolen and reposted in violation of USA & worldwide copyright laws. The original version of this article can be read at https://sportsperspectives.com/2017/05/26/nn-investment-partners-holdings-n-v-boosts-stake-in-first-republic-bank-frc.html.
Rothschild Capital Partners Llc who had been investing in First Rep Bk San Francisco C for a number of months, seems to be less bullish one the $13.99B market cap company.
Republic Bancorp, Inc is a financial holding company of Republic Bank & Trust Company (the Bank) and Republic Insurance Services, Inc (the Captive). The stock of First Republic Bank (NYSE:FRC) earned "Outperform" rating by Raymond James on Wednesday, November 11. Jefferies Group LLC restated a "buy" rating and set a $105.00 target price on shares of First Republic Bank in a research report on Friday, March 31st. The stock of First Republic Bank (NYSE:FRC) has "Overweight" rating given on Thursday, August 11 by Barclays Capital. Piper Jaffray Companies reduced their target price on First Republic Bank from $97.00 to $92.00 and set a "neutral" rating for the company in a report on Monday, April 17th. The company has an average rating of "Buy" and a consensus target price of $97.38.