Republic Bancorp (RBCAA) Financials

$71.75 +0.90 (+1.27%)

Closing price 10/3/2025 04:00 PM Eastern

Extended Trading

$71.80 +0.05 (+0.06%)

As of 10/3/2025 04:10 PM Eastern

Annual Income Statements for Republic Bancorp

This table shows Republic Bancorp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	29	35	46	46	78	92	83	88	91	92	101
Consolidated Net Income / (Loss)	29	35	46	46	78	92	83	88	91	90	101
Net Income / (Loss) Continuing Operations	29	35	46	46	78	92	83	88	91	92	101
Total Pre-Tax Income	44	53	69	78	94	113	103	111	117	113	128
Total Revenue	155	172	214	257	289	311	319	309	327	362	385
Net Interest Income / (Expense)	113	124	156	199	226	236	232	223	237	289	312
Total Interest Income	132	142	174	219	256	281	252	228	244	356	433
Loans and Leases Interest Income	123	134	164	206	238	260	241	220	221	325	388
Investment Securities Interest Income	9.02	8.47	9.76	13	19	21	11	8.81	23	31	45
Total Interest Expense	20	18	18	20	30	45	20	5.67	7.49	67	121
Deposits Interest Expense	3.91	4.38	6.06	9.80	17	29	15	5.04	6.76	51	102
Short-Term Borrowings Interest Expense	0.11	0.09	0.07	0.50	1.13	1.21	0.18	0.06	0.40	0.57	0.55
Long-Term Debt Interest Expense	16	14	12	9.95	12	14	4.68	0.56	0.34	15	18
Total Non-Interest Income	43	48	58	58	63	75	87	87	90	71	73
Other Service Charges	27	28	13	20	6.23	0.00	7.10	14	16	16	18
Other Non-Interest Income	17	19	28	25	57	62	80	72	74	58	55
Provision for Credit Losses	2.86	5.40	14	28	31	26	31	15	22	48	54
Total Non-Interest Expense	108	113	130	151	164	172	185	183	187	199	203
Salaries and Employee Benefits	54	58	70	82	91	99	106	110	111	116	119
Net Occupancy & Equipment Expense	26	25	28	32	35	38	43	43	42	43	45
Marketing Expense	3.26	3.16	3.78	5.19	4.43	5.02	4.03	4.39	6.88	8.45	9.44
Property & Liability Insurance Claims	1.87	2.08	1.78	1.38	1.49	0.74	1.01	1.59	1.67	2.73	3.01
Other Operating Expenses	23	25	27	29	32	29	32	24	26	27	27
Restructuring Charge	-	-	-	-	-	-	-	0.00	0.00	2.16	0.04
Income Tax Expense	16	18	23	33	16	21	19	24	26	23	26
Basic Earnings per Share	-	-	-	$4.22	$7.17	$8.42	$7.64	$8.19	$8.79	$8.85	$10.00
Weighted Average Basic Shares Outstanding	20.80M	22.70M	22.70M	22.70M	22.80M	20.95M	20.86M	19.99M	19.76M	19.40M	19.49M
Diluted Earnings per Share	-	-	-	$4.20	$7.14	$8.38	$7.62	$8.17	$8.76	$8.82	$9.95
Weighted Average Diluted Shares Outstanding	20.80M	22.70M	22.70M	22.70M	22.80M	20.95M	20.86M	19.99M	19.76M	19.40M	19.49M
Weighted Average Basic & Diluted Shares Outstanding	20.80M	22.70M	22.70M	22.70M	22.80M	20.95M	20.86M	19.99M	19.76M	19.40M	19.49M

This table shows Republic Bancorp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	20	19	28	21	22	21	31	25	27	19	47
Consolidated Net Income / (Loss)	20	19	28	21	22	20	31	25	27	19	47
Net Income / (Loss) Continuing Operations	20	19	28	21	22	21	31	25	27	19	47
Total Pre-Tax Income	26	23	36	27	27	24	39	32	34	23	60
Total Revenue	74	76	115	84	79	83	120	87	88	90	136
Net Interest Income / (Expense)	59	63	93	65	65	67	97	69	71	75	103
Total Interest Income	61	67	100	79	86	91	131	98	102	103	130
Loans and Leases Interest Income	53	58	93	72	78	82	119	87	91	91	119
Investment Securities Interest Income	7.45	8.72	7.75	6.85	7.69	8.62	12	10	11	12	11
Total Interest Expense	2.02	3.44	7.71	15	21	24	34	29	30	28	27
Deposits Interest Expense	1.83	3.10	4.88	11	16	20	27	26	26	24	21
Short-Term Borrowings Interest Expense	0.09	0.23	0.25	0.17	0.03	0.12	0.13	0.13	0.14	0.14	0.14
Long-Term Debt Interest Expense	0.10	0.11	2.59	3.14	5.35	4.16	6.59	3.26	4.30	4.05	5.64
Total Non-Interest Income	15	13	23	20	14	15	23	18	17	14	33
Other Service Charges	4.93	-	3.24	3.74	4.04	4.56	4.18	-	-	-	3.82
Net Realized & Unrealized Capital Gains on Investments	-	-	-	-	-	-	-	-	-	-	4.09
Other Non-Interest Income	10	9.62	19	16	10	12	19	14	12	9.84	25
Provision for Credit Losses	1.57	7.84	27	6.14	3.73	11	31	5.14	5.66	13	18
Total Non-Interest Expense	46	45	52	52	48	47	51	50	49	54	58
Salaries and Employee Benefits	27	26	30	31	29	26	30	29	29	31	31
Net Occupancy & Equipment Expense	10	10	11	11	11	11	11	11	11	12	12
Marketing Expense	1.95	1.86	1.57	2.51	2.06	2.30	1.92	2.71	1.98	2.83	1.39
Property & Liability Insurance Claims	0.42	0.43	0.64	0.72	0.68	0.69	0.77	0.75	0.76	0.73	0.82
Other Operating Expenses	6.08	6.44	7.56	6.89	6.21	6.46	7.21	6.29	6.30	7.24	13
Restructuring Charge	0.00	-	2.07	0.13	-0.13	0.09	0.04	0.00	0.00	-	0.00
Income Tax Expense	6.07	4.98	8.02	5.46	5.50	3.86	8.09	6.90	7.31	4.03	13
Basic Earnings per Share	$1.93	$1.80	$2.72	$2.05	$2.12	$1.96	$3.03	$2.49	$2.62	$1.86	$4.64
Weighted Average Basic Shares Outstanding	19.75M	19.76M	19.75M	19.54M	19.38M	19.40M	19.41M	19.43M	19.45M	19.49M	19.52M
Diluted Earnings per Share	$1.93	$1.79	$2.71	$2.05	$2.11	$1.95	$3.01	$2.48	$2.61	$1.85	$4.62
Weighted Average Diluted Shares Outstanding	19.75M	19.76M	19.75M	19.54M	19.38M	19.40M	19.41M	19.43M	19.45M	19.49M	19.52M
Weighted Average Basic & Diluted Shares Outstanding	19.75M	19.76M	19.75M	19.54M	19.38M	19.40M	19.41M	19.43M	19.45M	19.49M	19.52M

This table details how cash moves in and out of Republic Bancorp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-98	137	79	10	52	34	100	271	-443	2.88	116
Net Cash From Operating Activities	27	50	48	78	119	105	75	100	155	109	149
Net Cash From Continuing Operating Activities	27	50	48	78	119	105	75	100	155	109	149
Net Income / (Loss) Continuing Operations	29	35	46	46	78	92	83	88	91	90	101
Consolidated Net Income / (Loss)	29	35	46	46	78	92	83	88	91	90	101
Provision For Loan Losses	2.86	5.40	14	28	31	26	32	15	23	48	55
Depreciation Expense	6.36	6.61	7.30	8.47	9.35	9.23	9.73	8.99	7.60	7.06	6.91
Amortization Expense	-4.51	-0.71	-0.31	-4.62	-2.01	-1.07	-6.12	-0.23	11	9.31	10
Non-Cash Adjustments to Reconcile Net Income	-1.54	1.13	-12	-1.60	-6.30	-19	-18	-6.17	27	-14	-9.63
Changes in Operating Assets and Liabilities, net	-5.26	2.45	-7.47	2.20	8.96	-1.42	-25	-4.82	-4.86	-32	-15
Net Cash From Investing Activities	-471	-358	-296	-287	-122	-435	-422	307	-255	-517	-181
Net Cash From Continuing Investing Activities	-471	-358	-296	-287	-122	-435	-422	307	-255	-517	-181
Purchase of Property, Leasehold Improvements and Equipment	-7.76	-5.32	-7.03	-12	-9.82	-13	-3.58	-5.79	-3.50	-6.90	-5.81
Purchase of Investment Securities	-1,354	-1,798	-825	-520	-395	-893	-703	64	-446	-654	-624
Sale and/or Maturity of Investments	891	1,444	536	245	283	464	284	247	195	144	449
Net Cash From Financing Activities	346	445	328	219	54	364	447	-135	-344	411	148
Net Cash From Continuing Financing Activities	346	445	328	219	54	364	447	-135	-344	411	148
Net Change in Deposits	67	429	469	272	23	462	947	106	-301	294	157
Issuance of Debt	481	249	395	456	530	760	633	105	21	899	830
Issuance of Common Equity	-	-	-	-	0.23	0.49	0.53	0.59	0.59	0.63	0.67
Repayment of Debt	-188	-218	-514	-490	-479	-835	-1,107	-235	-25	-733	-809
Repurchase of Common Equity	-0.35	-0.55	-5.21	-1.05	-0.83	-1.42	-3.94	-88	-13	-20	0.00
Payment of Dividends	-15	-16	-17	-18	-19	-21	-23	-25	-26	-28	-31
Other Financing Activities, Net	1.10	1.14	0.08	0.07	0.08	-0.19	0.00	-0.14	0.05	-0.00	-0.64
Cash Interest Paid	20	18	18	20	30	43	22	5.85	7.41	63	120
Cash Income Taxes Paid	19	18	26	29	11	17	25	20	22	21	27

This table details how cash moves in and out of Republic Bancorp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Change in Cash & Equivalents	-41	-441	-64	-7.32	-22	97	230	-146	131	-99	361
Net Cash From Operating Activities	40	20	71	-5.84	21	22	71	2.98	51	24	93
Net Cash From Continuing Operating Activities	40	20	71	-5.84	21	22	71	2.98	51	24	93
Net Income / (Loss) Continuing Operations	20	19	28	21	22	20	31	25	27	19	47
Consolidated Net Income / (Loss)	20	19	28	21	22	20	31	25	27	19	47
Provision For Loan Losses	1.65	7.91	27	6.21	3.54	11	31	5.02	5.55	13	18
Depreciation Expense	1.86	1.71	1.59	1.68	1.66	2.13	1.94	1.62	1.71	1.63	1.94
Amortization Expense	1.98	8.99	2.85	2.60	1.99	1.86	2.82	2.58	2.30	2.76	3.48
Non-Cash Adjustments to Reconcile Net Income	17	-2.55	-0.35	-9.77	4.42	-8.67	-4.67	-13	6.83	0.77	-5.18
Changes in Operating Assets and Liabilities, net	-2.17	-15	12	-28	-12	-3.70	10	-19	8.33	-14	28
Net Cash From Investing Activities	49	-275	-99	-287	-25	-106	-78	122	48	-272	118
Net Cash From Continuing Investing Activities	49	-275	-99	-287	-25	-106	-78	122	48	-272	118
Purchase of Property, Leasehold Improvements and Equipment	-0.78	-0.88	-1.69	-1.84	-1.75	-1.62	-2.09	-1.29	-1.50	-0.94	-1.63
Purchase of Investment Securities	17	-391	-152	-317	-17	-169	-130	-53	-100	-341	0.27
Sale and/or Maturity of Investments	32	118	54	32	-6.36	65	54	176	149	69	120
Net Cash From Financing Activities	-130	-186	-36	285	-18	180	236	-271	32	150	149
Net Cash From Continuing Financing Activities	-130	-186	-36	285	-18	180	236	-271	32	150	149
Net Change in Deposits	-26	-262	40	-70	64	260	367	-352	33	109	195
Issuance of Debt	-	0.99	13	500	395	-9.34	0.00	750	55	25	403
Repayment of Debt	-94	82	-83	-130	-461	-59	-123	-662	-48	24	-442
Repurchase of Common Equity	-3.33	-0.41	-	-	-9.40	-4.17	0.16	-0.16	-	-	0.15
Payment of Dividends	-6.70	-6.64	-6.65	-7.28	-7.25	-7.17	-7.13	-7.78	-7.79	-7.80	-7.81
Other Financing Activities, Net	-0.00	0.01	-0.08	-0.10	-0.01	0.19	-1.10	0.24	0.17	0.06	0.38
Cash Interest Paid	1.99	3.40	7.61	14	20	22	31	32	29	28	28
Cash Income Taxes Paid	5.94	7.02	0.47	17	0.16	4.21	0.57	15	4.91	6.53	0.39

This table presents Republic Bancorp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	3,747	4,230	4,816	5,085	5,240	5,620	6,168	6,094	5,836	6,595	6,847
Cash and Due from Banks	73	210	-	-	351	385	486	757	314	317	432
Trading Account Securities	481	560	12	5.76	553	494	574	32	622	3.40	593
Loans and Leases, Net of Allowance	3,016	3,299	-33	-43	4,104	4,390	4,752	-65	-70	-82	-92
Allowance for Loan and Lease Losses	24	27	33	43	45	43	61	65	70	82	92
Loans Held for Sale	6.39	0.51	3.51	8.55	13	12	4.78	23	18	24	24
Accrued Investment Income	-	37	-	-	62	82	112	57	76	-	197
Premises and Equipment, Net	33	31	-	-	43	46	40	36	32	33	32
Goodwill	10	10	16	16	16	16	16	16	16	41	41
Other Assets	127	82	-	-	99	195	185	5,186	4,753	6,259	5,608
Total Liabilities & Shareholders' Equity	3,747	4,230	0.00	0.00	5,240	5,620	6,168	6,094	5,836	6,595	6,847
Total Liabilities	3,188	3,654	0.00	0.00	4,550	4,856	5,345	5,259	4,979	5,682	5,855
Non-Interest Bearing Deposits	503	635	-	-	1,004	1,033	1,890	1,990	1,909	1,677	1,208
Interest Bearing Deposits	1,556	1,853	-	-	2,452	2,753	2,843	2,850	2,629	3,376	4,003
Short-Term Debt	356	395	-	-	183	168	211	291	217	98	103
Long-Term Debt	749	741	-	-	851	791	276	25	95	380	395
Other Long-Term Liabilities	25	30	-	-	60	111	125	103	129	36	146
Commitments & Contingencies	0.00	0.00	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	559	577	0.00	0.00	690	764	823	835	857	913	992
Total Preferred & Common Equity	559	577	604	632	690	764	823	835	857	913	992
Preferred Stock	0.00	0.00	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	559	577	0.00	0.00	690	764	823	835	857	913	992
Common Stock	140	142	-	-	146	147	149	145	146	147	153
Retained Earnings	415	433	-	-	545	614	666	689	742	786	854
Accumulated Other Comprehensive Income / (Loss)	4.32	2.05	-	-	-1.00	3.10	8.51	1.87	-32	-20	-14

This table presents Republic Bancorp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025
Total Assets	6,000	6,074	6,370	6,386	6,876	6,617	6,692	7,076
Cash and Due from Banks	754	249	242	220	546	400	531	793
Trading Account Securities	3.09	614	608	604	669	491	8.77	619
Loans and Leases, Net of Allowance	-65	-96	-72	-75	-109	-81	-82	-106
Allowance for Loan and Lease Losses	65	96	72	75	109	81	82	106
Loans Held for Sale	21	17	22	22	19	32	26	32
Accrued Investment Income	132	88	95	110	118	198	-	198
Premises and Equipment, Net	33	34	34	34	34	33	33	32
Goodwill	16	42	41	41	41	41	41	41
Other Assets	5,105	5,052	5,323	5,355	5,484	5,503	6,136	5,461
Total Liabilities & Shareholders' Equity	6,000	6,074	6,370	6,386	6,876	6,617	6,692	7,076
Total Liabilities	5,159	5,192	5,483	5,493	5,940	5,661	5,713	6,041
Non-Interest Bearing Deposits	2,014	2,014	1,855	1,703	1,360	1,279	1,260	1,375
Interest Bearing Deposits	2,786	2,786	2,874	3,091	4,061	3,790	3,842	4,031
Short-Term Debt	209	134	92	81	85	73	79	90
Long-Term Debt	20	108	520	465	270	370	370	370
Other Long-Term Liabilities	129	150	141	154	165	150	37	176
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	841	882	887	893	936	955	980	1,034
Total Preferred & Common Equity	841	882	887	893	936	955	980	1,034
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	841	882	887	893	936	955	980	1,034
Common Stock	146	147	147	146	147	149	151	156
Retained Earnings	729	763	771	778	809	825	843	890
Accumulated Other Comprehensive Income / (Loss)	-33	-28	-31	-31	-20	-19	-14	-12

This table displays calculated financial ratios and metrics derived from Republic Bancorp's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-2.58%	10.74%	24.19%	20.31%	12.67%	7.48%	2.65%	-3.15%	5.56%	10.86%	6.31%
EBITDA Growth	17.16%	28.11%	28.41%	8.27%	23.55%	19.44%	-12.46%	13.14%	13.09%	-3.40%	10.47%
EBIT Growth	9.43%	20.15%	29.52%	13.66%	20.25%	20.08%	-9.33%	8.58%	4.85%	-1.63%	11.10%
NOPAT Growth	13.23%	22.16%	30.53%	-0.59%	70.61%	17.79%	-9.22%	5.24%	3.99%	-0.80%	12.17%
Net Income Growth	13.23%	22.16%	30.53%	-0.59%	70.61%	17.79%	-9.22%	5.24%	3.99%	-0.80%	12.17%
EPS Growth	0.00%	0.00%	0.00%	0.00%	70.00%	17.37%	-9.07%	7.22%	7.22%	0.68%	12.81%
Operating Cash Flow Growth	19.98%	87.40%	-4.74%	63.15%	53.28%	-11.77%	-28.29%	32.91%	54.40%	-29.88%	37.29%
Free Cash Flow Firm Growth	3,525.18%	-100.80%	-21,779.69%	92.69%	1,639.27%	-97.30%	434.44%	-50.14%	-70.24%	-278.68%	101.06%
Invested Capital Growth	-50.66%	2.95%	181.21%	5.59%	-66.10%	-0.06%	-23.94%	-12.18%	1.52%	18.98%	7.19%
Revenue Q/Q Growth	2.31%	2.69%	5.93%	3.50%	1.25%	3.20%	0.97%	-2.68%	2.40%	1.99%	1.64%
EBITDA Q/Q Growth	13.68%	7.06%	5.26%	0.09%	5.80%	11.39%	-11.87%	7.77%	3.76%	-3.63%	-1.23%
EBIT Q/Q Growth	12.33%	6.77%	5.67%	2.15%	4.10%	11.83%	-6.63%	-3.56%	2.26%	1.55%	-1.69%
NOPAT Q/Q Growth	15.62%	6.62%	5.96%	-10.16%	19.07%	10.17%	-4.86%	-4.25%	0.98%	1.28%	-0.63%
Net Income Q/Q Growth	15.62%	6.62%	5.96%	-10.16%	19.07%	10.17%	-6.10%	-3.02%	0.98%	1.28%	-0.63%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-6.27%	-2.16%	1.27%	1.85%	-1.00%
Operating Cash Flow Q/Q Growth	-2.01%	42.10%	-10.27%	1.33%	24.14%	12.58%	-29.70%	-8.71%	11.67%	2.14%	0.85%
Free Cash Flow Firm Q/Q Growth	850.56%	79.33%	-13,034.92%	-318.58%	196.83%	-97.08%	-54.97%	218.79%	-48.96%	53.00%	-98.75%
Invested Capital Q/Q Growth	8.27%	4.62%	190.71%	216.78%	-66.98%	-18.86%	18.04%	2.38%	9.18%	-3.39%	4.29%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	29.73%	34.40%	35.57%	32.01%	35.10%	39.00%	33.26%	38.86%	41.63%	36.28%	37.70%
EBIT Margin	28.54%	30.96%	32.29%	30.51%	32.56%	36.38%	32.14%	36.03%	35.79%	31.75%	33.19%
Profit (Net Income) Margin	18.54%	20.45%	21.49%	17.76%	26.89%	29.47%	26.07%	28.32%	27.90%	24.97%	26.34%
Tax Burden Percent	64.96%	66.05%	66.56%	58.21%	82.59%	81.01%	81.11%	78.62%	77.97%	79.83%	79.38%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	98.50%	100.00%
Effective Tax Rate	35.04%	33.95%	33.44%	41.79%	17.41%	18.99%	18.89%	21.38%	22.03%	20.17%	20.62%
Return on Invested Capital (ROIC)	1.14%	2.08%	1.41%	0.92%	2.29%	5.32%	5.49%	7.12%	7.86%	7.06%	7.04%
ROIC Less NNEP Spread (ROIC-NNEP)	1.14%	2.08%	1.41%	0.92%	2.29%	5.32%	5.49%	7.12%	7.86%	7.06%	7.04%
Return on Net Nonoperating Assets (RNNOA)	9.10%	4.11%	14.52%	0.00%	20.28%	7.29%	5.00%	3.45%	2.92%	3.15%	3.61%
Return on Equity (ROE)	10.25%	6.20%	15.92%	0.00%	22.57%	12.61%	10.49%	10.57%	10.77%	10.22%	10.64%
Cash Return on Invested Capital (CROIC)	68.99%	-0.83%	-93.66%	-4.51%	101.01%	5.38%	32.68%	20.08%	6.34%	-10.27%	0.10%
Operating Return on Assets (OROA)	1.25%	1.33%	1.52%	1.58%	1.83%	2.08%	1.74%	1.82%	1.96%	1.85%	1.90%
Return on Assets (ROA)	0.81%	0.88%	1.01%	0.92%	1.51%	1.69%	1.41%	1.43%	1.53%	1.45%	1.51%
Return on Common Equity (ROCE)	10.25%	6.20%	15.92%	0.00%	22.57%	12.61%	10.49%	10.57%	10.77%	10.22%	10.64%
Return on Equity Simple (ROE_SIMPLE)	5.15%	6.10%	7.59%	7.22%	11.28%	12.00%	10.11%	10.49%	10.64%	9.90%	10.22%
Net Operating Profit after Tax (NOPAT)	29	35	46	46	78	92	83	88	91	90	101
NOPAT Margin	18.54%	20.45%	21.49%	17.76%	26.89%	29.47%	26.07%	28.32%	27.90%	24.97%	26.34%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	53.55%	50.10%	47.46%	46.39%	45.11%	45.70%	47.83%	50.76%	49.03%	46.24%	44.86%
Operating Expenses to Revenue	69.62%	65.90%	60.92%	58.71%	56.60%	55.34%	58.07%	59.18%	57.37%	55.09%	52.68%
Earnings before Interest and Taxes (EBIT)	44	53	69	78	94	113	103	111	117	115	128
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	46	59	76	82	102	121	106	120	136	131	145
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.69	0.74	0.00	0.00	0.98	1.09	0.81	1.11	0.88	1.13	1.36
Price to Tangible Book Value (P/TBV)	0.70	0.75	0.00	0.00	1.00	1.12	0.83	1.21	0.99	1.18	1.42
Price to Revenue (P/Rev)	2.48	2.48	3.07	2.51	2.33	2.69	2.08	3.01	2.31	2.85	3.51
Price to Earnings (P/E)	13.39	12.11	14.29	14.15	8.66	9.11	8.00	10.61	8.28	11.21	13.31
Dividend Yield	3.98%	3.82%	2.62%	2.81%	3.00%	2.65%	3.59%	2.68%	3.57%	2.81%	2.35%
Earnings Yield	7.47%	8.26%	7.00%	7.07%	11.55%	10.98%	12.50%	9.42%	12.07%	8.92%	7.51%
Enterprise Value to Invested Capital (EV/IC)	0.85	0.79	0.14	0.13	0.79	0.82	0.51	0.42	0.64	0.86	0.95
Enterprise Value to Revenue (EV/Rev)	9.13	7.86	3.07	2.51	4.69	4.53	2.09	1.58	2.31	3.30	3.68
Enterprise Value to EBITDA (EV/EBITDA)	30.70	22.86	8.63	7.85	13.35	11.61	6.28	4.07	5.54	9.09	9.76
Enterprise Value to EBIT (EV/EBIT)	31.99	25.39	9.51	8.24	14.39	12.45	6.50	4.39	6.44	10.38	11.08
Enterprise Value to NOPAT (EV/NOPAT)	49.24	38.44	14.29	14.15	17.43	15.37	8.02	5.58	8.26	13.20	13.96
Enterprise Value to Operating Cash Flow (EV/OCF)	53.08	27.01	13.76	8.30	11.38	13.40	8.85	4.88	4.86	10.99	9.50
Enterprise Value to Free Cash Flow (EV/FCFF)	0.82	0.00	0.00	0.00	0.39	15.19	1.35	1.98	10.24	0.00	1,012.45
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.98	1.97	0.00	0.00	1.50	1.25	0.59	0.38	0.36	0.52	0.50
Long-Term Debt to Equity	1.34	1.28	0.00	0.00	1.23	1.04	0.34	0.03	0.11	0.42	0.40
Financial Leverage	7.96	1.97	10.32	0.00	8.87	1.37	0.91	0.48	0.37	0.45	0.51
Leverage Ratio	12.67	7.03	15.69	0.00	14.97	7.47	7.43	7.39	7.05	7.03	7.06
Compound Leverage Factor	12.67	7.03	15.69	0.00	14.97	7.47	7.43	7.39	7.05	6.92	7.06
Debt to Total Capital	66.41%	66.34%	0.00%	0.00%	59.98%	55.65%	37.18%	27.45%	26.70%	34.35%	33.44%
Short-Term Debt to Total Capital	21.41%	23.09%	0.00%	0.00%	10.61%	9.73%	16.10%	25.28%	18.57%	7.02%	6.93%
Long-Term Debt to Total Capital	45.01%	43.25%	0.00%	0.00%	49.37%	45.92%	21.08%	2.17%	8.13%	27.33%	26.50%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	33.59%	33.66%	0.00%	0.00%	40.02%	44.35%	62.82%	72.55%	73.30%	65.65%	66.56%
Debt to EBITDA	23.93	19.21	0.00	0.00	10.18	7.90	4.59	2.63	2.29	3.64	3.44
Net Debt to EBITDA	22.35	15.66	0.00	0.00	6.72	4.73	0.02	-3.67	-0.01	1.23	0.46
Long-Term Debt to EBITDA	16.22	12.52	0.00	0.00	8.38	6.52	2.60	0.21	0.70	2.89	2.72
Debt to NOPAT	38.38	32.31	0.00	0.00	13.28	10.46	5.85	3.61	3.42	5.28	4.92
Net Debt to NOPAT	35.85	26.33	0.00	0.00	8.77	6.25	0.02	-5.03	-0.02	1.78	0.65
Long-Term Debt to NOPAT	26.01	21.06	0.00	0.00	10.93	8.63	3.32	0.29	1.04	4.20	3.90
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,737	-14	-3,058	-223	3,439	93	496	247	74	-131	1.40
Operating Cash Flow to CapEx	344.18%	940.89%	678.03%	628.10%	1,316.11%	878.45%	2,806.25%	1,947.42%	4,418.76%	1,573.83%	2,564.97%
Free Cash Flow to Firm to Interest Expense	88.61	-0.76	-170.46	-11.03	114.17	2.07	24.86	43.63	9.82	-1.95	0.01
Operating Cash Flow to Interest Expense	1.36	2.71	2.66	3.84	3.96	2.35	3.78	17.69	20.66	1.61	1.23
Operating Cash Flow Less CapEx to Interest Expense	0.97	2.42	2.27	3.23	3.66	2.08	3.65	16.79	20.19	1.51	1.19
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.05	0.05	0.06	0.06	0.05	0.05	0.05	0.06	0.06
Fixed Asset Turnover	0.00	5.37	0.00	0.00	0.00	6.97	7.45	8.18	9.60	11.07	11.71
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,664	1,713	4,816	5,085	1,724	1,723	1,311	1,151	1,169	1,390	1,490
Invested Capital Turnover	0.06	0.10	0.07	0.05	0.09	0.18	0.21	0.25	0.28	0.28	0.27
Increase / (Decrease) in Invested Capital	-1,708	49	3,104	269	-3,361	-1.06	-413	-160	18	222	100
Enterprise Value (EV)	1,417	1,352	656	646	1,357	1,409	668	489	753	1,193	1,415
Market Capitalization	386	426	656	646	674	836	666	930	755	1,032	1,349
Book Value per Share	$26.84	$27.65	$0.00	$0.00	$33.00	$36.48	$39.36	$41.32	$43.38	$47.10	$51.02
Tangible Book Value per Share	$26.35	$27.16	($0.78)	($0.78)	$32.24	$35.70	$38.58	$38.01	$38.74	$45.01	$48.93
Total Capital	1,664	1,713	0.00	0.00	1,724	1,723	1,311	1,151	1,169	1,390	1,490
Total Debt	1,105	1,136	0.00	0.00	1,034	959	487	316	312	478	498
Total Long-Term Debt	749	741	0.00	0.00	851	791	276	25	95	380	395
Net Debt	1,032	926	0.00	0.00	683	574	1.68	-441	-1.73	161	66
Capital Expenditures (CapEx)	7.76	5.32	7.03	12	9.06	12	2.69	5.15	3.50	6.90	5.81
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	1,105	1,136	4,816	5,085	1,034	959	487	316	312	478	498
Total Depreciation and Amortization (D&A)	1.85	5.90	6.99	3.85	7.34	8.16	3.60	8.75	19	16	17
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.71	$0.00	$0.00	$4.22	$0.00	$8.42	$7.64	$8.12	$8.79	$8.85	$10.00
Adjusted Weighted Average Basic Shares Outstanding	20.86M	20.90M	20.85M	20.85M	20.89M	20.95M	20.86M	19.99M	19.76M	19.40M	19.49M
Adjusted Diluted Earnings per Share	$2.70	$0.00	$0.00	$4.20	$0.00	$8.38	$7.62	$8.09	$8.76	$8.82	$9.95
Adjusted Weighted Average Diluted Shares Outstanding	20.86M	20.90M	20.85M	20.85M	20.89M	20.95M	20.86M	19.99M	19.76M	19.40M	19.49M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	20.86M	20.90M	20.85M	20.85M	20.89M	20.95M	20.86M	19.99M	19.76M	19.40M	19.49M
Normalized Net Operating Profit after Tax (NOPAT)	29	35	46	46	78	92	83	88	91	92	101
Normalized NOPAT Margin	18.54%	20.50%	21.55%	18.03%	26.89%	29.47%	26.07%	28.32%	27.90%	25.44%	26.35%
Pre Tax Income Margin	28.54%	30.96%	32.29%	30.51%	32.56%	36.38%	32.14%	36.03%	35.79%	31.28%	33.19%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.26	2.88	3.84	3.87	3.13	2.53	5.15	19.67	15.59	1.71	1.06
NOPAT to Interest Expense	1.47	1.90	2.56	2.25	2.58	2.05	4.17	15.46	12.16	1.34	0.84
EBIT Less CapEx to Interest Expense	1.86	2.60	3.45	3.26	2.83	2.26	5.01	18.76	15.13	1.61	1.01
NOPAT Less CapEx to Interest Expense	1.07	1.62	2.17	1.64	2.28	1.78	4.04	14.55	11.69	1.24	0.79
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	51.86%	45.04%	36.53%	38.69%	25.04%	23.31%	27.87%	28.19%	28.70%	31.37%	30.09%
Augmented Payout Ratio	53.07%	46.61%	47.87%	40.99%	26.11%	24.86%	32.60%	128.10%	42.50%	53.81%	30.09%

This table displays calculated financial ratios and metrics derived from Republic Bancorp's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	2.43%	11.15%	22.45%	2.18%	7.41%	9.25%	4.31%	3.21%	11.30%	7.47%	12.93%
EBITDA Growth	3.56%	16.81%	3.45%	-5.95%	3.12%	-14.48%	7.16%	17.93%	23.20%	-6.17%	50.42%
EBIT Growth	-1.00%	12.33%	-0.70%	-14.55%	4.26%	7.49%	7.16%	21.11%	25.03%	-8.70%	54.94%
NOPAT Growth	-0.56%	5.03%	-0.91%	-13.53%	8.42%	6.19%	8.95%	19.73%	23.05%	-3.27%	54.44%
Net Income Growth	-0.56%	5.03%	-0.91%	-13.53%	8.42%	6.19%	8.95%	19.73%	23.05%	-3.27%	54.44%
EPS Growth	2.12%	6.55%	0.00%	-12.02%	9.33%	8.94%	11.07%	20.98%	23.70%	-5.13%	53.49%
Operating Cash Flow Growth	-2.25%	422.68%	-12.53%	-142.62%	-46.88%	11.37%	0.69%	151.07%	139.99%	5.61%	30.84%
Free Cash Flow Firm Growth	1,121.28%	-99.46%	228.20%	-259.56%	-570.57%	-21,047.77%	-361.28%	140.40%	110.55%	59.95%	-15.98%
Invested Capital Growth	-4.79%	1.52%	-2.05%	28.62%	34.46%	18.98%	14.72%	-6.74%	-0.70%	7.19%	15.79%
Revenue Q/Q Growth	-10.53%	3.44%	51.27%	-27.01%	-5.95%	5.20%	44.43%	-27.77%	1.42%	1.58%	51.76%
EBITDA Q/Q Growth	-8.97%	14.76%	18.62%	-24.10%	-0.19%	-4.83%	48.63%	-16.47%	4.27%	-27.52%	138.27%
EBIT Q/Q Growth	-16.30%	-9.54%	53.76%	-26.60%	2.13%	-6.74%	53.28%	-17.04%	5.43%	-31.90%	160.14%
NOPAT Q/Q Growth	-18.28%	-6.95%	51.74%	-25.06%	2.47%	-8.86%	55.68%	-17.64%	5.30%	-28.36%	148.57%
Net Income Q/Q Growth	-18.28%	-6.95%	51.74%	-25.06%	2.47%	-8.86%	55.68%	-17.64%	5.30%	-28.36%	148.57%
EPS Q/Q Growth	-17.17%	-7.25%	51.40%	-24.35%	2.93%	-7.58%	54.36%	-17.61%	5.24%	-29.12%	149.73%
Operating Cash Flow Q/Q Growth	193.30%	-50.25%	253.63%	-108.26%	465.58%	4.29%	219.72%	-95.81%	1,618.00%	-54.11%	296.11%
Free Cash Flow Firm Q/Q Growth	184.91%	-98.69%	5,249.74%	-705.37%	-11.13%	41.79%	33.27%	193.60%	-70.97%	-320.88%	-93.23%
Invested Capital Q/Q Growth	-8.16%	9.18%	-3.76%	33.30%	-3.99%	-3.39%	-7.21%	8.36%	2.22%	4.29%	0.23%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	40.43%	44.85%	35.17%	36.57%	38.81%	35.11%	36.13%	41.79%	42.96%	30.66%	48.13%
EBIT Margin	35.23%	30.81%	31.32%	31.49%	34.19%	30.31%	32.17%	36.95%	38.41%	25.75%	44.14%
Profit (Net Income) Margin	26.99%	24.28%	24.36%	25.01%	27.25%	23.60%	25.44%	29.01%	30.12%	21.24%	34.80%
Tax Burden Percent	76.62%	78.82%	77.79%	79.42%	79.68%	83.59%	79.09%	78.51%	78.42%	82.50%	78.83%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	93.16%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	23.38%	21.18%	22.21%	20.58%	20.32%	16.41%	20.91%	21.49%	21.58%	17.50%	21.17%
Return on Invested Capital (ROIC)	7.84%	6.84%	7.45%	6.56%	7.71%	6.68%	7.73%	7.40%	7.95%	5.68%	10.01%
ROIC Less NNEP Spread (ROIC-NNEP)	7.84%	6.84%	7.45%	6.56%	7.71%	6.68%	7.73%	7.40%	7.95%	5.68%	10.01%
Return on Net Nonoperating Assets (RNNOA)	2.41%	2.54%	2.38%	3.55%	3.44%	2.98%	2.54%	4.24%	4.22%	2.91%	4.14%
Return on Equity (ROE)	10.25%	9.37%	9.83%	10.11%	11.15%	9.66%	10.27%	11.64%	12.18%	8.58%	14.15%
Cash Return on Invested Capital (CROIC)	13.13%	6.34%	10.07%	-18.47%	-22.29%	-10.27%	-6.01%	13.67%	7.82%	0.10%	-6.15%
Operating Return on Assets (OROA)	1.84%	1.69%	1.75%	1.76%	1.96%	1.77%	1.82%	2.10%	2.22%	1.47%	2.53%
Return on Assets (ROA)	1.41%	1.33%	1.36%	1.40%	1.56%	1.37%	1.44%	1.65%	1.74%	1.22%	2.00%
Return on Common Equity (ROCE)	10.25%	9.37%	9.83%	10.11%	11.15%	9.66%	10.27%	11.64%	12.18%	8.58%	14.15%
Return on Equity Simple (ROE_SIMPLE)	10.73%	0.00%	10.30%	9.87%	9.99%	0.00%	9.93%	10.16%	10.41%	0.00%	11.41%
Net Operating Profit after Tax (NOPAT)	20	19	28	21	22	20	31	25	27	19	47
NOPAT Margin	26.99%	24.28%	24.36%	25.01%	27.25%	23.60%	25.44%	29.01%	30.12%	21.24%	34.80%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	53.82%	49.89%	36.57%	52.02%	52.57%	47.80%	35.71%	49.03%	47.14%	50.88%	32.88%
Operating Expenses to Revenue	62.64%	58.90%	45.47%	61.22%	61.09%	56.49%	42.37%	57.13%	55.16%	59.78%	42.85%
Earnings before Interest and Taxes (EBIT)	26	23	36	27	27	25	39	32	34	23	60
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	30	34	41	31	31	29	43	36	38	27	65
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.83	0.88	0.90	0.90	0.92	1.13	1.03	1.07	1.28	1.36	1.20
Price to Tangible Book Value (P/TBV)	0.85	0.99	1.03	1.04	1.06	1.18	1.17	1.12	1.33	1.42	1.25
Price to Revenue (P/Rev)	2.20	2.31	2.27	2.28	2.33	2.85	2.63	2.76	3.31	3.51	3.11
Price to Earnings (P/E)	7.76	8.28	8.70	9.11	9.25	11.21	10.18	10.34	12.08	13.31	10.54
Dividend Yield	3.75%	3.57%	3.49%	3.54%	3.46%	2.81%	3.08%	2.97%	2.47%	2.35%	2.62%
Earnings Yield	12.88%	12.07%	11.50%	10.98%	10.81%	8.92%	9.82%	9.67%	8.28%	7.51%	9.49%
Enterprise Value to Invested Capital (EV/IC)	0.16	0.64	0.70	0.78	0.80	0.86	0.60	0.76	0.82	0.95	0.61
Enterprise Value to Revenue (EV/Rev)	0.55	2.31	2.25	3.34	3.24	3.30	2.10	2.88	3.09	3.68	2.27
Enterprise Value to EBITDA (EV/EBITDA)	1.34	5.54	5.71	8.63	8.45	9.09	5.75	7.61	7.98	9.76	5.45
Enterprise Value to EBIT (EV/EBIT)	1.54	6.44	6.72	10.42	10.17	10.38	6.57	8.64	9.02	11.08	6.11
Enterprise Value to NOPAT (EV/NOPAT)	1.94	8.26	8.62	13.34	12.90	13.20	8.31	10.96	11.48	13.96	7.71
Enterprise Value to Operating Cash Flow (EV/OCF)	1.27	4.86	5.42	9.33	10.84	10.99	7.08	9.03	7.93	9.50	5.33
Enterprise Value to Free Cash Flow (EV/FCFF)	1.22	10.24	6.85	0.00	0.00	0.00	0.00	5.37	10.45	1,012.45	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.27	0.36	0.27	0.69	0.61	0.52	0.38	0.46	0.46	0.50	0.44
Long-Term Debt to Equity	0.02	0.11	0.12	0.59	0.52	0.42	0.29	0.39	0.38	0.40	0.36
Financial Leverage	0.31	0.37	0.32	0.54	0.45	0.45	0.33	0.57	0.53	0.51	0.41
Leverage Ratio	7.26	7.05	7.21	7.22	7.14	7.03	7.12	7.05	6.98	7.06	7.08
Compound Leverage Factor	7.26	7.05	7.21	7.22	7.14	6.54	7.12	7.05	6.98	7.06	7.08
Debt to Total Capital	21.43%	26.70%	21.56%	40.83%	37.92%	34.35%	27.48%	31.66%	31.45%	33.44%	30.77%
Short-Term Debt to Total Capital	19.56%	18.57%	11.95%	6.14%	5.61%	7.02%	6.55%	5.19%	5.55%	6.93%	6.01%
Long-Term Debt to Total Capital	1.87%	8.13%	9.60%	34.69%	32.31%	27.33%	20.93%	26.47%	25.89%	26.50%	24.77%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	78.57%	73.30%	78.44%	59.17%	62.08%	65.65%	72.52%	68.34%	68.55%	66.56%	69.23%
Debt to EBITDA	1.75	2.29	1.77	4.52	4.01	3.64	2.64	3.17	3.06	3.44	2.75
Net Debt to EBITDA	-4.01	-0.01	-0.05	2.73	2.39	1.23	-1.43	0.30	-0.55	0.46	-2.00
Long-Term Debt to EBITDA	0.15	0.70	0.79	3.84	3.41	2.89	2.01	2.65	2.52	2.72	2.22
Debt to NOPAT	2.54	3.42	2.67	6.99	6.12	5.28	3.82	4.56	4.41	4.92	3.89
Net Debt to NOPAT	-5.82	-0.02	-0.08	4.23	3.66	1.78	-2.07	0.44	-0.80	0.65	-2.82
Long-Term Debt to NOPAT	0.22	1.04	1.19	5.94	5.21	4.20	2.91	3.81	3.63	3.90	3.13
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	74	0.97	52	-313	-347	-202	-135	126	37	-81	-156
Operating Cash Flow to CapEx	5,141.82%	2,275.65%	4,190.52%	-317.04%	1,222.72%	1,376.82%	3,407.85%	231.68%	3,426.80%	2,516.15%	5,720.63%
Free Cash Flow to Firm to Interest Expense	36.54	0.28	6.69	-21.52	-16.50	-8.42	-4.00	4.33	1.21	-2.92	-5.76
Operating Cash Flow to Interest Expense	19.91	5.81	9.17	-0.40	1.02	0.93	2.11	0.10	1.70	0.85	3.43
Operating Cash Flow Less CapEx to Interest Expense	19.52	5.56	8.95	-0.53	0.93	0.86	2.05	0.06	1.65	0.82	3.37
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.05	0.05	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06
Fixed Asset Turnover	9.07	9.60	10.22	10.32	10.64	11.07	10.92	11.02	11.31	11.71	12.21
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,070	1,169	1,125	1,499	1,439	1,390	1,290	1,398	1,429	1,490	1,494
Invested Capital Turnover	0.29	0.28	0.31	0.26	0.28	0.28	0.30	0.26	0.26	0.27	0.29
Increase / (Decrease) in Invested Capital	-54	18	-24	334	369	222	165	-101	-10	100	204
Enterprise Value (EV)	175	753	783	1,168	1,151	1,193	772	1,064	1,172	1,415	911
Market Capitalization	700	755	790	798	825	1,032	964	1,021	1,253	1,349	1,244
Book Value per Share	$42.60	$43.38	$44.66	$44.91	$45.71	$47.10	$48.22	$49.22	$50.41	$51.02	$53.06
Tangible Book Value per Share	$41.77	$38.74	$38.81	$38.94	$39.75	$45.01	$42.34	$47.13	$48.33	$48.93	$50.98
Total Capital	1,070	1,169	1,125	1,499	1,439	1,390	1,290	1,398	1,429	1,490	1,494
Total Debt	229	312	242	612	546	478	355	443	449	498	460
Total Long-Term Debt	20	95	108	520	465	380	270	370	370	395	370
Net Debt	-525	-1.73	-6.88	370	326	161	-192	43	-81	66	-333
Capital Expenditures (CapEx)	0.78	0.88	1.69	1.84	1.75	1.62	2.09	1.29	1.50	0.94	1.63
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	229	312	242	612	546	478	355	443	449	498	460
Total Depreciation and Amortization (D&A)	3.83	11	4.45	4.28	3.66	4.00	4.77	4.20	4.01	4.39	5.42
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.89	$1.80	$2.72	$2.05	$2.12	$1.96	$3.03	$2.49	$2.62	$1.86	$4.64
Adjusted Weighted Average Basic Shares Outstanding	19.75M	19.76M	19.75M	19.54M	19.38M	19.40M	19.41M	19.43M	19.45M	19.49M	19.52M
Adjusted Diluted Earnings per Share	$1.89	$1.79	$2.71	$2.05	$2.11	$1.95	$3.01	$2.48	$2.61	$1.85	$4.62
Adjusted Weighted Average Diluted Shares Outstanding	19.75M	19.76M	19.75M	19.54M	19.38M	19.40M	19.41M	19.43M	19.45M	19.49M	19.52M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	19.75M	19.76M	19.75M	19.54M	19.38M	19.40M	19.41M	19.43M	19.45M	19.49M	19.52M
Normalized Net Operating Profit after Tax (NOPAT)	20	19	30	21	21	20	31	25	27	19	47
Normalized NOPAT Margin	26.99%	24.28%	25.76%	25.13%	27.11%	23.70%	25.47%	29.01%	30.12%	21.24%	34.80%
Pre Tax Income Margin	35.23%	30.81%	31.32%	31.49%	34.19%	28.24%	32.17%	36.95%	38.41%	25.75%	44.14%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	12.85	6.82	4.68	1.83	1.29	1.05	1.15	1.10	1.12	0.83	2.21
NOPAT to Interest Expense	9.85	5.38	3.64	1.45	1.03	0.82	0.91	0.86	0.88	0.69	1.74
EBIT Less CapEx to Interest Expense	12.47	6.57	4.46	1.70	1.20	0.98	1.09	1.06	1.07	0.80	2.15
NOPAT Less CapEx to Interest Expense	9.46	5.12	3.42	1.32	0.94	0.75	0.85	0.82	0.83	0.65	1.68
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	28.44%	28.70%	29.41%	31.14%	31.18%	31.37%	31.04%	30.23%	29.28%	30.09%	26.42%
Augmented Payout Ratio	55.92%	42.50%	29.41%	43.08%	49.70%	53.81%	31.04%	44.21%	33.37%	30.09%	26.42%

Financials Breakdown Chart

Key Financial Trends

Republic Bancorp (NASDAQ: RBCAA) has demonstrated significant financial growth and operational trends over the past four years through Q1 2025. Here's a summary of key trends and factors from its quarterly financials, including income statements, cash flow statements, and balance sheets.

Steady Increase in Net Interest Income: Net interest income rose from approximately $64.5 million in Q2 2024 to $102.7 million in Q1 2025, showing strong growth driven primarily by increased loans and leases interest income ($118.9M in Q1 2025 from $87.2M in Q2 2024).
Growth in Total Revenue: Total revenue increased substantially from $86.9 million in Q2 2024 to $135.8 million in Q1 2025, reflecting both improved net interest income and higher non-interest income.
Rising Non-Interest Income: Total non-interest income jumped from $18.3 million in Q2 2024 to $33.2 million in Q1 2025, benefiting from other non-interest income ($25.2M in Q1 2025) and capital gains ($4.1M in Q1 2025), showing diversified revenue streams.
Strong Net Income and Earnings Per Share (EPS): Net income increased dramatically to $47.3 million in Q1 2025 from $25.2 million in Q2 2024, with basic EPS reaching $4.64 in Q1 2025, up from $2.49 in Q2 2024, signaling improved profitability.
Robust Operating Cash Flow: Net cash from operating activities surged to $93.2 million in Q1 2025 from only $3.0 million in Q2 2024, indicating strong cash-generating capabilities.
Significant Increase in Deposits: Deposits grew substantially, with net change in deposits at $195.3 million in Q1 2025, supporting asset growth and liquidity.
Strong Growth in Assets and Equity: Total assets increased to $7.1 billion in Q1 2025 from $6.6 billion in Q2 2024, alongside an increase in total common equity to $1.03 billion, reflecting balance sheet strengthening.

Provision for Credit Losses Increased: The provision for credit losses in Q1 2025 was $17.7 million, up from $5.1 million in Q2 2024, indicating higher expected credit risk but also prudent risk management.
Non-Interest Expense Rising Moderately: Total non-interest expense increased to $58.2 million in Q1 2025 from $49.6 million in Q2 2024, driven by salaries, equipment, and other operating expenses, consistent with business growth.
Long-Term Debt and Financing Changes: Issuance and repayment of debt fluctuated significantly, e.g., $403 million issued and $442 million repaid in Q1 2025, suggesting active balance sheet management.

Elevated Provision for Credit Losses Earlier in 2024 and 2023: Earlier quarters often showed large credit loss provisions (e.g., nearly $31 million in Q1 2024), which, while reduced recently, could point to prior asset quality challenges.
Volatility in Investment Securities Interest Income: Investment securities interest income has fluctuated across quarters, which may indicate sensitivity of this income component to market and interest rate changes.
Capital Expenditures and Investments Have Increased: Cash used for purchase of property and investment securities significantly increased, e.g., $1.6 million for property and $265,000 for investments in Q1 2025, which could pressure cash flows if not managed carefully.
High Fluctuations in Cash from Investing Activities: Large swings in net cash from investing activities (e.g., positive $118.2 million in Q1 2025 vs negative $270 million in Q2 2024) indicate active but potentially volatile investment strategies.
Declining Cash Interest Paid Relative to Debt Levels: Despite substantial debt issuance, cash interest paid remains high (~$27-33 million per quarter), representing an ongoing cost burden for the company.

In summary, Republic Bancorp shows strong growth in key profitability metrics, increased revenues, and improved cash flow generation, supported by asset and deposit growth. However, investors should monitor rising provisions for credit losses, volatility in investment income, and the impact of investing activities on cash flow. The company’s balance sheet management appears active, balancing debt issuance and repayment while maintaining strong equity levels.

10/05/25 10:21 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Republic Bancorp's Financials

When does Republic Bancorp's financial year end?

According to the most recent income statement we have on file, Republic Bancorp's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Republic Bancorp's net income changed over the last 10 years?

Republic Bancorp's net income appears to be on an upward trend, with a most recent value of $101.37 million in 2024, rising from $28.79 million in 2014. The previous period was $90.37 million in 2023. Find out what analysts predict for Republic Bancorp in the coming months.

How has Republic Bancorp's revenue changed over the last 10 years?

Over the last 10 years, Republic Bancorp's total revenue changed from $155.29 million in 2014 to $384.80 million in 2024, a change of 147.8%.

How much debt does Republic Bancorp have?

Republic Bancorp's total liabilities were at $5.85 billion at the end of 2024, a 3.0% increase from 2023, and a 83.6% increase since 2014.

How much cash does Republic Bancorp have?

In the past 10 years, Republic Bancorp's cash and equivalents has ranged from $0.00 in 2016 to $756.97 million in 2021, and is currently $432.15 million as of their latest financial filing in 2024.

How has Republic Bancorp's book value per share changed over the last 10 years?

Over the last 10 years, Republic Bancorp's book value per share changed from 26.84 in 2014 to 51.02 in 2024, a change of 90.1%.

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This page (NASDAQ:RBCAA) was last updated on 10/5/2025 by MarketBeat.com Staff

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Republic Bancorp (RBCAA) Financials

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Republic Bancorp (RBCAA) Financials

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