Republic Bancorp traded at $93.63 this Friday July 24th, increasing $2.87 or 3.16 percent since the previous trading session. Looking back, over the last four weeks, Republic Bancorp gained 6.31 percent. Over the last 12 months, its price rose by 29.84 percent. Looking ahead, we forecast Republic Bancorp to be priced at 91.65 by the end of this quarter and at 85.97 in one year, according to Trading Economics global macro models projections and analysts expectations.
Republic Bancorp, Inc. is a financial holding company of Republic Bank & Trust Company (the Bank) and Republic Insurance Services, Inc. (the Captive). The Bank is a Kentucky-based, state-chartered non-member financial institution. The Captive is an insurance subsidiary of the Company. The Company operates through five segments: Traditional Banking, Warehouse, Mortgage Banking, Tax Refund Solutions (TRS), and Republic Credit Solutions (RCS). Traditional Banking segment provides traditional banking products to customers. Warehouse segment provides short-term, revolving credit facilities to mortgage bankers across the United States through mortgage warehouse lines of credit. Mortgage Banking segment originates, sells and services long-term, single family, first lien residential real estate loans. TRS segment facilitates the receipt and payment of federal and state tax refund products. RCS segment offers consumer credit products, which are unsecured and small dollar consumer loans.