Republic Bancorp to buy back shares Nov 20, 2009
The company views the repurchase of Republic Bancorp Inc. stock as an attractive long-term investment of funds and an effective management tool, which we believe will enhance shareholder value. Louisville-based Republic (NASDAQ: RBCAA) also declared a cash dividend of 13. (Louisville Business First, KY)
Refund Anticipation Loans Take Hit Some See as Fatal Aug 4, 2009
"I think it'll be permanent. I think people are moving away from the RAL and towards other products," said Steven Trager, the chief executive of Republic Bancorp Inc. in Louisville, one of a handful of financial institutions that offer the loans through tax-preparation firms. Industrywide, taxpayer requests for refund anticipation loans fell by more than 15% in the 2009 tax-filing season, to 8. (American Banker)
Citizens Republic Commences Exchange Offers for Its Subordinated Debentures and Trust Preferred Securities Aug 1, 2009
Citizens Republic Bancorp logo. (PRNewsFoto/Citizens Republic Bancorp) FLINT, MI UNITED STATES ... July 31 /PRNewswire-FirstCall/ -- Citizens Republic Bancorp, Inc. (Nasdaq: ) announced today that it has commenced offers to exchange some or all of its outstanding 5. (PR Newswire)
Standard & Poor's cuts ratings on 18 banks Jun 18, 2009
Ratings were also cut on Associated Banc , Astoria , Carolina First Bank, Citizens Republic Bancorp , Comerica , Fifth Third Bancorp , Huntington Bancshares , KeyCorp , Susquehanna Bancshares , Synovus Financial , U.S. Bancorp, Webster , Whitney Holding and Wilmington Trust. The ratings of Carolina First Bank, Citizens Republic Bancorp, Huntington Bancshares, Synovus Financial and Whitney Holding were cut to junk status from investment-grade levels. (USA Today -- Money)
S&P downgrades ratings on Webster, 17 other banks Jun 18, 2009
The action pushed the ratings of five of the banks Carolina First Bank, Citizens Republic Bancorp, Huntington Bancshares, Synovus Financial and Whitney Holding from investment-grade levels into junk territory. BB., Capital One Financial Corp., Regions Financial Corp. and Wells Fargo ere among the largest banks to see their ratings cut. (Republican-American)
Bank Stocks Are Hated, So Here Are Four I Like: John Dorfman Mar 2, 2009
Republic Bancorp traded above $30 a share as recently as September. Lately the stock is about $19, trading at 12 times earnings and 1. (Bloomberg -- Columnists)
