Republic Bancorp reports Q4 EPS $1.17, consensus $1.32

Reports Q4 net charge-offs .07%. Logan Pichel, president and CEO of Republic Bank & Trust Company, stated: “We delivered strong fourth-quarter results with net income of $22.8 million, up 20% from the prior year and representing another solid all-around quarter. Strategic actions-including disciplined loan and deposit pricing, as well as an on-going reallocation of interest-earning cash into higher-yielding investment alternatives – continued to drive meaningful net interest margin growth within our Core Bank. The quarter also featured strong loan production across both Warehouse Lending and the Traditional Bank.”