Reason the stock might be so low: Earnings "prediction" for 2013 down 73% ! Seems to be a typo, but you can see it on both http://investing.money.msn.com/investments/earnings-estimates?symbol=RBCAA and http://www.zacks.com/stock/quote/RBCAA
On November 14, 2012 they declared a special dividend of $1,10 and the CEO wrote: "“As we approach the end of back-to-back record years, I am extremely pleased to reward our loyal shareholders with a special cash dividend in addition to our regular quarterly dividend,” said Steve Trager, Republic’s Chairman and CEO. “This special dividend is not only a reward for our past successes, but also represents our confidence in the Company’s future prospects. Given our strong capital levels and the possible significant increases in tax rates for 2013 as we approach the U.S. Government’s ‘fiscal cliff,’ it is an opportune time to provide this special dividend distribution to our shareholders. After this special dividend, our capital ratios will continue to be very strong and the Company will remain well-positioned to support continued organic balance sheet growth and expansion through acquisitions, should opportunities arise. We remain humble in our success, yet unwavering in our outlook for the future. As always, we remain steadfast in our slogan ‘We were here for you yesterday. We are here for you today. We will be here for you tomorrow,’” concluded Trager."