LOUISVILLE, Ky. (AP) _ Republic Bancorp Inc. (RBCAA) on Thursday reported first-quarter net income of $26.7 million.

The bank, based in Louisville, Kentucky, said it had earnings of $1.28 per share.

The holding company for Republic Bank & Trust posted revenue of $111.7 million in the period. Its revenue net of interest expense was $103.3 million, exceeding Street forecasts.

Republic Bancorp shares have declined 35% since the beginning of the year. The stock has dropped 34% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RBCAA at https://www.zacks.com/ap/RBCAA

Automated Insights, source Associated Press News