NASDAQ : RBCAA
Republic Bancorp, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 90.3 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 1.77B
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 376.17M | 387.44M | 388.06M | 325.15M | 221.07M | 219.59M |
| Interest Income on Investments | 51.07M | 51.07M | 44.92M | 30.91M | 23.11M | 8.81M |
| Total Interest Income | 427.24M | 438.51M | 432.99M | 356.06M | 244.18M | 228.41M |
| Interest Paid on Deposits | 72.35M | 85.58M | 102.10M | 51.48M | 6.76M | 5.04M |
| Interest Paid on Borrowings | 18.26M | 18.26M | 18.74M | 15.80M | 736.00K | 627.00K |
| Total Interest Expense | 90.61M | 103.84M | 120.83M | 67.28M | 7.49M | 5.67M |
| Net Interest Income | 336.64M | 334.67M | 312.15M | 288.78M | 236.69M | 222.74M |
| Mortgage Banking Activities | 6.47M | 7.40M | 5.44M | 3.54M | 6.20M | 19.99M |
| Gain (Loss) on Sale of Investments | 4.09M | |||||
| Other Non-Interest Income | 54.77M | 57.11M | 53.23M | 52.54M | 52.40M | 53.21M |
| Total Non-Interest Income | 83.25M | 82.83M | 72.65M | 69.73M | 71.81M | 85.60M |
| Revenues Before Loan Losses | 419.88M | 417.50M | 384.80M | 358.51M | 308.50M | 308.34M |
| Provision for Loan Losses | 35.53M | 31.60M | 54.38M | 47.62M | 22.35M | 14.81M |
| Revenue | 384.36M | 385.90M | 330.43M | 310.88M | 286.15M | 293.53M |
| Salaries and Employee Benefits | 125.33M | 123.95M | 115.83M | 113.13M | 108.26M | 107.52M |
| Federal Deposit Insurance | 3.06M | 3.06M | 3.01M | 2.73M | 1.67M | 1.59M |
| Selling, General & Administrative | 65.01M | 69.55M | 60.30M | 57.46M | 55.85M | 54.43M |
| Other Non-Interest Expense | 25.78M | 23.63M | 23.55M | 23.92M | 21.53M | 19.53M |
| Total Non-Interest Expense | 219.19M | 220.19M | 202.68M | 197.24M | 187.31M | 183.06M |
| EBT Excluding Unusual Items | 165.16M | 165.71M | 127.74M | 113.64M | 98.84M | 110.46M |
| Legal Settlements | 13.00M | |||||
| Other Unusual Items | 5.00M | |||||
| Pretax Income | 165.16M | 165.71M | 127.70M | 113.21M | 116.84M | 111.44M |
| Income Tax Expense | 35.84M | 34.39M | 26.33M | 22.84M | 25.74M | 23.83M |
| Net Income | 129.33M | 131.32M | 101.37M | 90.37M | 91.11M | 87.61M |
| Net Income to Common | 129.33M | 131.32M | 101.37M | 90.37M | 91.11M | 87.61M |
| Basic Shares Outstanding | 19.81M | 19.74M | 19.65M | 19.79M | 20.04M | 20.68M |
| Diluted Shares Outstanding | 19.86M | 19.81M | 19.74M | 19.85M | 20.10M | 20.76M |
| EPS (Basic) | 6.53 | 6.65 | 5.16 | 4.57 | 4.55 | 4.24 |
| EPS (Diluted) | 6.51 | 6.63 | 5.14 | 4.55 | 4.53 | 4.22 |
| Dividend Per Share | 1.94 | 1.80 | 1.63 | 1.50 | 1.36 | 1.23 |
| Effective Tax Rate | 21.70% | 20.75% | 20.62% | 20.17% | 22.03% | 21.38% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 399.34M | 219.97M | 432.15M | 316.57M | 309.69M | 752.97M |
| Investment Securities | 885.05M | 365.36M | 451.34M | 525.01M | 580.52M | 339.76M |
| Trading Asset Securities | 6.60M | 6.88M | 9.18M | 8.13M | 7.26M | |
| Mortgage-Backed Securities | 591.20M | 194.81M | 184.55M | 202.66M | 252.90M | |
| Total Investments | 885.05M | 963.16M | 653.02M | 718.74M | 791.32M | 599.92M |
| Gross Loans | 5.39B | 5.45B | 5.45B | 5.25B | 4.52B | 4.50B |
| Allowance for Loan Losses | -93.09M | -85.35M | -91.98M | -82.13M | -70.41M | -64.58M |
| Other Adjustments to Gross Loans | -8.65M | -6.25M | -7.82M | -3.43M | -2.39M | |
| Net Loans | 5.29B | 5.36B | 5.35B | 5.16B | 4.45B | 4.43B |
| Property, Plant & Equipment | 68.38M | 67.32M | 68.49M | 68.10M | 69.00M | 74.90M |
| Goodwill | 40.52M | 40.52M | 40.52M | 40.52M | 16.30M | 16.30M |
| Loans Held for Sale | 68.63M | 117.35M | 32.39M | 27.23M | 19.18M | 52.08M |
| Accrued Interest Receivable | 22.29M | 20.13M | 18.45M | 13.57M | 9.88M | |
| Restricted Cash | 4.00M | 4.00M | ||||
| Other Real Estate Owned & Foreclosed | 1.07M | 1.28M | 1.16M | 1.37M | 1.58M | 1.79M |
| Other Long-Term Assets | 308.22M | 217.09M | 226.84M | 222.41M | 156.38M | 139.50M |
| Total Assets | 7.08B | 7.04B | 6.85B | 6.59B | 5.84B | 6.09B |
| Interest Bearing Deposits | 4.34B | 3.87B | 3.87B | 3.27B | 2.57B | 2.77B |
| Institutional Deposits | 156.28M | 129.59M | 101.79M | 54.85M | 81.05M | |
| Non-Interest Bearing Deposits | 1.25B | 1.17B | 1.21B | 1.68B | 1.91B | 1.99B |
| Total Deposits | 5.59B | 5.20B | 5.21B | 5.05B | 4.54B | 4.84B |
| Short-Term Borrowings | 69.67M | 227.50M | 135.55M | 216.61M | 300.15M | 321.75M |
| Current Portion of Leases | 7.02M | |||||
| Accrued Interest Payable | 3.29M | 5.15M | 4.07M | 239.00K | 159.00K | |
| Federal Home Loan Bank Debt, Long-Term | 127.00M | 376.00M | 370.00M | 270.00M | 20.00M | |
| Long-Term Leases | 28.52M | 25.35M | 37.12M | 35.54M | 37.81M | 39.67M |
| Other Long-Term Liabilities | 102.49M | 97.46M | 96.27M | 102.75M | 82.89M | 57.68M |
| Total Liabilities | 5.92B | 5.94B | 5.85B | 5.68B | 4.98B | 5.26B |
| Common Stock | 1.16B | 4.60M | 4.59M | 4.55M | 4.65M | 4.70M |
| Additional Paid-In Capital | 156.69M | 148.05M | 142.12M | 141.69M | 139.96M | |
| Retained Earnings | 945.40M | 853.63M | 786.49M | 742.25M | 688.52M | |
| Comprehensive Income & Other | -4.40M | -14.24M | -20.41M | -31.98M | 1.87M | |
| Shareholders' Equity | 1.16B | 1.10B | 992.03M | 912.76M | 856.61M | 835.05M |
| Total Liabilities & Equity | 7.08B | 7.04B | 6.85B | 6.59B | 5.84B | 6.09B |
| Total Debt | 225.19M | 635.87M | 542.67M | 522.15M | 357.96M | 361.43M |
| Net Cash (Debt) | 174.15M | -409.30M | -103.64M | -196.41M | -40.14M | 398.80M |
| Net Cash Per Share | 8.77 | -20.66 | -5.25 | -9.89 | -2.00 | 19.21 |
| Filing Date Shares Outstanding | 19.62M | 19.61M | 19.49M | 19.40M | 19.76M | 19.99M |
| Total Common Shares Outstanding | 19.62M | 19.54M | 19.45M | 19.36M | 19.74M | 19.98M |
| Book Value Per Share | 59.31 | 56.41 | 51.01 | 47.15 | 43.39 | 41.79 |
| Tangible Book Value | 1.12B | 1.06B | 951.51M | 872.24M | 840.31M | 818.75M |
| Tangible Book Value Per Share | 57.25 | 54.33 | 48.93 | 45.06 | 42.56 | 40.98 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 131.32M | 101.37M | 90.37M | 91.11M | 87.61M | |
| Depreciation & Amortization | 14.68M | 14.63M | 15.01M | 18.05M | 18.31M | |
| Gain (Loss) on Sale of Assets | -4.00K | -450.00K | ||||
| Gain (Loss) on Sale of Investments | 3.92M | 5.20M | 4.88M | 5.06M | 4.88M | |
| Total Asset Writedown | 211.00K | 210.00K | 211.00K | 211.00K | -289.00K | |
| Provision for Credit Losses | 31.60M | 54.38M | 47.62M | 22.35M | 14.81M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | 17.46M | 13.85M | 6.75M | 51.12M | 30.52M | |
| Accrued Interest Receivable | -2.16M | -1.68M | -4.88M | -3.69M | 3.05M | |
| Change in Other Net Operating Assets | 4.90M | -12.34M | -29.25M | 56.00K | -6.46M | |
| Other Operating Activities | -9.70M | -8.96M | -10.38M | -10.55M | -9.18M | |
| Operating Cash Flow | 168.21M | 149.00M | 108.53M | 154.79M | 100.25M | |
| Capital Expenditures | -7.10M | -5.81M | -6.90M | -3.50M | -5.79M | |
| Sale of Property, Plant and Equipment | 637.00K | |||||
| Cash Acquisitions | -40.97M | |||||
| Investment in Securities | -299.17M | 67.11M | 82.27M | -220.20M | 13.54M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -122.21M | -241.79M | -538.95M | -31.97M | 319.36M | |
| Other Investing Activities | -7.64M | -708.00K | -12.41M | 1.17M | -21.20M | |
| Investing Cash Flow | -436.12M | -181.03M | -516.95M | -254.51M | 306.55M | |
| Short-Term Debt Issued | 5.70M | 79.94M | ||||
| Long-Term Debt Issued | 639.00M | 830.00M | 1.02B | 95.00M | 25.00M | |
| Total Debt Issued | 639.00M | 835.70M | 1.02B | 95.00M | 104.94M | |
| Short-Term Debt Repaid | -14.81M | -119.34M | -74.01M | |||
| Long-Term Debt Repaid | -528.00M | -815.00M | -733.00M | -25.00M | -275.00M | |
| Total Debt Repaid | -542.81M | -815.00M | -852.34M | -99.01M | -275.00M | |
| Net Debt Issued (Repaid) | 96.19M | 20.70M | 165.66M | -4.01M | -170.06M | |
| Issuance of Common Stock | 868.00K | 672.00K | 627.00K | 642.00K | 591.00K | |
| Repurchase of Common Stock | -72.00K | -20.28M | -12.58M | -47.53M | ||
| Common Dividends Paid | -33.85M | -30.51M | -28.35M | -26.14M | -24.70M | |
| Net Increase (Decrease) in Deposit Accounts | -7.40M | 157.38M | 293.64M | -301.47M | 106.42M | |
| Other Financing Activities | -638.00K | -2.00K | -142.00K | |||
| Financing Cash Flow | 55.73M | 147.61M | 411.30M | -343.56M | -135.42M | |
| Net Cash Flow | -212.18M | 115.58M | 2.88M | -443.28M | 271.38M | |
| Free Cash Flow | 161.11M | 143.19M | 101.64M | 151.29M | 94.47M | |
| Free Cash Flow Margin | 41.75% | 43.34% | 32.69% | 52.87% | 32.18% | |
| Free Cash Flow Per Share | 8.13 | 7.25 | 5.12 | 7.53 | 4.55 | |
| Cash Interest Paid | 105.71M | 119.75M | 63.45M | 7.41M | 5.85M | |
| Cash Income Tax Paid | 22.07M | 27.49M | 21.49M | 21.64M | 20.07M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.77B | 1.35B | 1.36B | 1.07B | 808.04M | 1.03B |
| Last Close Price | 90.30 | 67.73 | 66.87 | 51.33 | 36.83 | 44.34 |
| PE Ratio | 13.86 | 10.26 | 13.40 | 11.83 | 8.87 | 11.73 |
| PS Ratio | 4.61 | 3.49 | 4.11 | 3.44 | 2.82 | 3.50 |
| PB Ratio | 1.52 | 1.22 | 1.37 | 1.17 | 0.94 | 1.23 |
| P/FCF Ratio | 12.99 | 8.37 | 9.49 | 10.52 | 5.34 | 10.88 |
| P/OCF Ratio | 12.24 | 8.01 | 9.12 | 9.85 | 5.22 | 10.25 |
| Debt / Equity Ratio | 0.19 | 0.58 | 0.55 | 0.57 | 0.42 | 0.43 |
| Debt / FCF Ratio | 3.95 | 3.79 | 5.14 | 2.37 | 3.83 | |
| Net Debt / Equity Ratio | -0.15 | 0.37 | 0.10 | 0.21 | 0.05 | -0.48 |
| Net Debt / FCF Ratio | 2.54 | 0.72 | 1.93 | 0.27 | -4.22 | |
| Return on Equity (ROE) | 11.50% | 12.54% | 10.64% | 10.21% | 10.77% | 10.57% |
| Return on Assets (ROA) | 1.84% | 1.89% | 1.51% | 1.45% | 1.53% | 1.43% |
| Earnings Yield | 7.21% | 9.74% | 7.46% | 8.46% | 11.28% | 8.53% |
| FCF Yield | 7.70% | 11.95% | 10.54% | 9.51% | 18.72% | 9.20% |
| Dividend Yield | 2.19% | 2.61% | 2.33% | 2.71% | 3.33% | 2.40% |
| Payout Ratio | 30.40% | 25.78% | 30.09% | 31.37% | 28.70% | 28.19% |
| Buyback Yield / Dilution | -0.28% | -0.37% | 0.59% | 1.23% | 3.16% | 1.48% |
| Total Shareholder Return | 1.91% | 2.25% | 2.92% | 3.94% | 6.49% | 3.88% |