Republic Bancorp declares $0.451 per share dividend

Published 16/07/2025, 21:06
Republic Bancorp declares $0.451 per share dividend

LOUISVILLE - Republic Bancorp, Inc. (NASDAQ:RBCAA), the parent company of Republic Bank & Trust Company, announced Wednesday it will pay a cash dividend of $0.451 per share on Class A Common Stock and $0.41 per share on Class B Common Stock.

The dividends will be payable on October 17, 2025, to shareholders of record as of September 19, 2025, according to a company press release.

Republic Bancorp operates 47 banking centers across five states, with locations concentrated in the Louisville, Lexington, Cincinnati, Tampa, and Nashville metropolitan areas. The company also maintains a loan production office in St. Louis, Missouri through its Republic Bank Finance division.

As of March 31, 2025, Republic Bancorp reported approximately $7.1 billion in total assets. The banking company’s Class A Common Stock trades on the NASDAQ Global Select Market under the ticker symbol RBCAA.

Republic Bank & Trust Company serves communities across Kentucky, Indiana, Ohio, Florida, and Tennessee through its network of branches offering banking services and online banking options.

In other recent news, Republic Bancorp has announced the results of its Annual Meeting of Shareholders. Shareholders elected 15 directors to the company’s Board of Directors and approved a new stock incentive plan. Additionally, the appointment of Forvis Mazars, LLP as the independent auditor for the fiscal year ending December 31, 2025, was ratified. The meeting also saw the approval of executive compensation, reflecting the company’s governance and compensation strategies. In analyst developments, Raymond James initiated coverage on Republic Bancorp with a Market Perform rating. The firm noted the bank’s consistent growth and superior capital levels, despite some near-term earnings challenges. Raymond James highlighted the bank’s balanced risk-reward profile, considering its financial strengths and current market valuation. These developments indicate ongoing strategic and financial activities at Republic Bancorp.

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