Republic Bancorp: Upgrading To Hold, Earnings Likely To Grow
2025-02-21 05:51:16 ET
Summary
- After the recent surge, I'm expecting the provision expense to decline. I cannot find any problems with the loan book's asset quality.
- The net interest income will likely continue to expand because of subdued loan growth. The average margin will likely not change much.
- I'm slightly reducing my EPS estimate to $5.54 because I've raised my provision expense estimate.
- The year-end target price suggests a small price downside. Further, RBCAA is offering a low dividend yield.
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Republic Bancorp: Upgrading To Hold, Earnings Likely To GrowNASDAQ: RBCAA
RBCAA Trading
-1.65% G/L:
$67.2701 Last:
12,194 Volume:
$69.04 Open:



