Republic First Bancorp traded at $0.31 this Tuesday August 22nd, decreasing $0.39 or 55.86 percent since the previous trading session. Looking back, over the last four weeks, Republic First Bancorp lost 62.41 percent. Over the last 12 months, its price fell by 90.75 percent. Looking ahead, we forecast Republic First Bancorp to be priced at 0.30 by the end of this quarter and at 0.27 in one year, according to Trading Economics global macro models projections and analysts expectations.
Republic First Bancorp, Inc. is a holding company for Republic First Bank (Republic or the Bank), which does business under the name Republic Bank. The Company offers a range of banking products and services, including consumer and commercial deposit accounts, checking accounts, interest-bearing demand accounts, money market accounts, certificates of deposit, savings accounts, sweep accounts, lockbox services and individual retirement accounts and other traditional banking services, automobile loans, home improvement loans, mortgages, home equity and overdraft lines of credit, and other products. Its loan portfolio consists of secured and unsecured commercial loans including commercial real estate loans, construction and land development loans, commercial and industrial loans, owner occupied real estate loans, consumer and other loans, residential mortgages and Paycheck Protection Program (PPP) loans.