Trade Republic Bancorp Inc/KY - RBCAA CFD

Trading Conditions

• TypeThis financial instrument is available for trading through CFDs and Knock-outs.Knock-out options available only for selected countries.Learn more about:CFDsKnock-outs:
  CFD

  

  Knock-out

  
• Spread: 0.42
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.021596 %(-$1.08)Trade size with leverage ~ $5,000.00Money from leverage ~$4,000.00Go to platform: -0.02160%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.000626 %(-$0.03)Trade size with leverage ~ $5,000.00Money from leverage ~$4,000.00Go to platform: -0.00063%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 0.1
• Margin: 20.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.021596 %
  (-$1.08)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.000626 %
  (-$0.03)

Key Stats

• Prev. Close: 99.38
• Open: 98.95
• 1-Year Change: 46.98%
• Day's Range: 98.95 - 100.58

Trade Republic Bancorp Inc/KY - RBCAA

About Republic Bancorp, Inc. KY

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.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Republic Bancorp, Inc. KY interest income decreased 10% to $226.3M. Net interest income after loan loss provision increased 2% to $205.8M. Net income increased 4% to $86.8M. Net interest income after loan loss provision reflects Traditional Banking segment increase of 10% to $157.3M, Warehouse Lending segment increase of 1% to $25.5M.

Equity composition

Class A Common Stock no Par, 04/11 30M auth., 18,633,015 issd. Insiders own 50.22%. Class B Common Stock no Par, 5M auth., 2,304,859 issd. Insiders own 85.6%. 6/98, 2-for-1 stock split. 3/07, 3/06, 3/05, 5% stock div. IPO7/98, 2,350,280 shs. (1.74M by Co.) @ $13 by Morgan Keegan & Co., Inc.