Republic Bancorp Inc
NASDAQ:RBCAA
RBCAA's latest stock split occurred on Mar 21, 2007
The company executed a 105-for-100 stock split, meaning that for every 100 shares held, investors received 105 new shares.
Before the split, RBCAA traded at 22 per share. Afterward, the share price was about 12.7925.
The adjusted shares began trading on Mar 21, 2007. This was RBCAA's 4th stock split, following the previous one in Mar 22, 2006.
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Republic Bancorp Inc
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Republic Bancorp Inc., headquartered in Louisville, Kentucky, operates as a diversified financial holding company, cementing its regional presence with branches across several states. Steeping itself in traditional banking services, Republic Bancorp earns revenues primarily through interest income derived from its array of loan products including home mortgages, commercial real estate loans, and consumer loans. A pioneer in tax refund processing, the company distinguishes itself by offering tailored financial solutions like tax-related credit and lending products, a niche that further cements its profitability. This segment not only provides seasonal revenue boosts but also positions Republic uniquely in leveraging fiscal calendars to its advantage. While steady growth characterizes its core banking operations, Republic Bancorp also thrives by efficiently managing its non-interest income streams. These include service charges, mortgage banking income, and bank card services – each playing a pivotal role in broadening the revenue base without relying solely on interest rate fluctuations. The company’s strategic focus on maintaining a robust financial position, demonstrated through its conscientious risk management and consistent dividend policy, ensures shareholder value is preserved. By prudently balancing traditional banking with innovative financial products, Republic Bancorp has navigated the financial industry's intricacies to create a stable foundation for future expansion.
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