Brief: Republic Bancorp Reports Q2 Net Income Of $15.8 Mln

Republic Bancorp

17/07/2020 13:11

July 17 (Reuters) - Republic Bancorp Inc  RBCAA.O :
    * REPUBLIC BANCORP, INC. REPORTS SECOND QUARTER NET INCOME
OF
$15.8 MILLION
    * REPUBLIC BANCORP INC QTRLY DILUTED EARNINGS PER CLASS A
COMMON
SHARE $0.76
    * REPUBLIC BANCORP INC - CORE BANK NET INTEREST INCOME WAS
$45.5
MILLION FOR THE SECOND QUARTER OF 2020, A 1% DECREASE FROM THE
SAME PERIOD IN 2019
    * REPUBLIC BANCORP -  CORE BANK’S PROVISION FOR EXPECTED
CREDIT
LOSS EXPENSE  INCREASED TO $3.5 MILLION FOR Q2 2020 FROM $1.8
MILLION FOR SAME PERIOD IN 2019
    * REPUBLIC BANCORP - REOPENED BANKING CENTERS TO FOOT
TRAFFIC ON
JUNE 4, AND ON JUNE 15 BEGAN BRINGING BACK UP TO 25% OF
BACK-OFFICE SUPPORT STAFF

Source text for Eikon:  ID:nBw3RGbJxa 
Further company coverage:  RBCAA.O 

 ((Reuters.Briefs@thomsonreuters.com;))