Republic Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	388.81	388.06	325.15	221.08	219.59	241.04
Interest Income on Investments	49.58	44.92	30.92	23.11	8.81	11.21
Total Interest Income	438.39	432.99	356.06	244.18	228.41	252.26
Interest Paid on Deposits	88.85	102.1	51.48	6.76	5.04	15.09
Interest Paid on Borrowings	18.29	18.74	15.8	0.74	0.63	4.85
Total Interest Expense	107.13	120.83	67.29	7.49	5.67	19.94
Net Interest Income	331.25	312.15	288.78	236.69	222.74	232.32
Net Interest Income Growth (YoY)	9.13%	8.09%	22.01%	6.26%	-4.12%	-1.61%
Mortgage Banking Activities	7.24	5.44	3.54	6.2	19.99	31.85
Gain (Loss) on Sale of Investments	4.09	-	-	-	-	-
Other Non-Interest Income	56.1	53.23	52.54	52.4	53.21	43.63
Total Non-Interest Income	81.48	72.65	69.73	71.81	85.6	87.05
Non-Interest Income Growth (YoY)	11.15%	4.19%	-2.90%	-16.11%	-1.67%	16.06%
Revenues Before Loan Losses	412.74	384.8	358.51	308.5	308.34	319.37
Provision for Loan Losses	34.47	54.38	47.62	22.35	14.81	31.28
Revenue	378.27	330.43	310.88	286.15	293.53	288.09
Revenue Growth (YoY)	16.59%	6.29%	8.64%	-2.51%	1.89%	0.95%
Salaries and Employee Benefits	120.79	115.83	113.13	108.26	107.52	104.3
Federal Deposit Insurance	3.04	3.01	2.73	1.67	1.59	1.01
Selling, General & Administrative	69.16	60.3	57.46	55.85	54.43	52.71
Other Non-Interest Expense	24.12	23.55	23.92	21.53	19.53	25.33
Total Non-Interest Expense	217.11	202.68	197.24	187.31	183.07	183.35
EBT Excluding Unusual Items	161.16	127.74	113.65	98.85	110.46	104.74
Legal Settlements	-	-	-	13	-	-
Other Unusual Items	-	-	-	5	-	-2.11
Pretax Income	161.16	127.7	113.21	116.85	111.44	102.63
Income Tax Expense	33.65	26.33	22.84	25.74	23.83	19.39
Net Income	127.51	101.37	90.37	91.11	87.61	83.25
Net Income to Common	127.51	101.37	90.37	91.11	87.61	83.25
Net Income Growth	25.00%	12.17%	-0.80%	3.99%	5.24%	-9.22%
Basic Shares Outstanding	20	20	20	20	21	21
Diluted Shares Outstanding	20	20	20	20	21	21
Shares Change (YoY)	0.53%	-0.59%	-1.23%	-3.16%	-1.48%	-0.31%
EPS (Basic)	6.47	5.16	4.57	4.55	4.24	3.96
EPS (Diluted)	6.44	5.14	4.55	4.53	4.22	3.95
EPS Growth	24.34%	12.83%	0.44%	7.38%	6.83%	-8.93%
Dividend Per Share	1.760	1.628	1.496	1.364	1.232	1.144
Dividend Growth	10.35%	8.82%	9.68%	10.71%	7.69%	8.33%
Effective Tax Rate	20.88%	20.62%	20.17%	22.03%	21.38%	18.89%

Updated Oct 17, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q