Republic Bancorp, Inc. (RBCAA)

Republic Bancorp Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	391.77	388.06	325.15	221.08	219.59	241.04
Interest Income on Investments	44.92	44.92	30.92	23.11	8.81	11.21
Total Interest Income	436.7	432.99	356.06	244.18	228.41	252.26
Interest Paid on Deposits	92.37	102.1	51.48	6.76	5.04	15.09
Interest Paid on Borrowings	18.74	18.74	15.8	0.74	0.63	4.85
Total Interest Expense	111.11	120.83	67.29	7.49	5.67	19.94
Net Interest Income	325.59	312.15	288.78	236.69	222.74	232.32
Net Interest Income Growth (YoY)	9.60%	8.09%	22.01%	6.26%	-4.12%	-1.61%
Mortgage Banking Activities	7.23	5.44	3.54	6.2	19.99	31.85
Gain (Loss) on Sale of Investments	4.09	-	-	-	-	-
Other Non-Interest Income	56.31	53.23	52.54	52.4	53.21	43.63
Total Non-Interest Income	81.73	72.65	69.73	71.81	85.6	87.05
Non-Interest Income Growth (YoY)	15.37%	4.19%	-2.90%	-16.11%	-1.67%	16.06%
Revenues Before Loan Losses	407.32	384.8	358.51	308.5	308.34	319.37
Provision for Loan Losses	38.11	54.38	47.62	22.35	14.81	31.28
Revenue	369.21	330.43	310.88	286.15	293.53	288.09
Revenue Growth (YoY)	16.32%	6.29%	8.64%	-2.51%	1.89%	0.95%
Salaries and Employee Benefits	118.84	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	66.37	60.3	57.46	55.85	54.43	52.71
Other Non-Interest Expense	23.71	23.55	23.92	21.53	19.53	25.33
Total Non-Interest Expense	211.96	202.68	197.24	187.31	183.07	183.35
EBT Excluding Unusual Items	157.25	127.74	113.65	98.85	110.46	104.74
Legal Settlements	-	-	-	13	-	-
Other Unusual Items	-	-	-	5	-	-2.11
Pretax Income	157.25	127.7	113.21	116.85	111.44	102.63
Income Tax Expense	32.94	26.33	22.84	25.74	23.83	19.39
Net Income	124.31	101.37	90.37	91.11	87.61	83.25
Net Income to Common	124.31	101.37	90.37	91.11	87.61	83.25
Net Income Growth	28.10%	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)	0.33%	-0.59%	-1.23%	-3.16%	-1.48%	-0.31%
EPS (Basic)	6.31	5.16	4.57	4.55	4.24	3.96
EPS (Diluted)	6.28	5.14	4.55	4.53	4.22	3.95
EPS Growth	27.68%	12.83%	0.44%	7.38%	6.83%	-8.93%
Dividend Per Share	1.716	1.628	1.496	1.364	1.232	1.144
Dividend Growth	9.86%	8.82%	9.68%	10.71%	7.69%	8.33%
Effective Tax Rate	20.95%	20.62%	20.17%	22.03%	21.38%	18.89%

Updated Mar 6, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q