Republic Bancorp Inc /Ky/
RBCAA Nasdaq State Commercial Banks Financials FY2016–FY2025
Revenue
Total sales reported in the income statement.
$417M
8.5%
vs prior year
Efficiency ratio
Noninterest expense as a share of revenue. Lower is better for banks.
52.7%
0.1 pts
Net income
Profit after all expenses, interest and tax.
$131M
29.5%
Return on equity
Net income as a share of average shareholders' equity.
12.5%
1.9 pts
Market cap
Last close times the latest diluted share count, so it is approximate.
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P/E
Last close divided by diluted earnings per share over the last four quarters.
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What Republic Bancorp Inc /Ky/ does
No business description yet.
- Legal name
- REPUBLIC BANCORP INC /KY/
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 6, 2026
- Accession · CIK
- 0001104659-26-024523
0000921557
Revenue and margins
Republic Bancorp Inc /Ky/ had $417M of revenue in fiscal 2025, up 8.5% on the year before.
FY16
Revenue $214M
FY17
Revenue $257M
FY18
Revenue $289M
FY19
Revenue $311M
FY20
Revenue $319M
FY21
Revenue $309M
FY22
Revenue $327M
FY23
Revenue $360M
FY24
Revenue $385M
FY25
Revenue $417M
Q3 '23
Revenue $79.2M
Q4 '23
Revenue $81.6M
Q1 '24
Revenue $120M
Q2 '24
Revenue $86.9M
Q3 '24
Revenue $88.1M
Q4 '24
Revenue $89.5M
Q1 '25
Revenue $136M
Q2 '25
Revenue $93.8M
Q3 '25
Revenue $93.5M
Q4 '25
Revenue $94.3M
Q1 '26
Revenue $120M
Q2 '26
Revenue $101M
FY16
Net interest share 73.1%
Efficiency ratio 60.9%
FY17
Net interest share 77.3%
Efficiency ratio 58.7%
FY18
Net interest share 78.1%
Efficiency ratio 56.6%
FY19
Net interest share 75.9%
Efficiency ratio 55.3%
FY20
Net interest share 72.7%
Efficiency ratio 58.1%
FY21
Net interest share 72.0%
Efficiency ratio 59.2%
FY22
Net interest share 72.5%
Efficiency ratio 57.4%
FY23
Net interest share 80.2%
Efficiency ratio 55.4%
FY24
Net interest share 81.1%
Efficiency ratio 52.7%
FY25
Net interest share 80.2%
Efficiency ratio 52.7%
Net interest share
Efficiency ratio
Q3 '23
Net interest share 81.9%
Efficiency ratio 61.1%
Q4 '23
Net interest share 81.9%
Efficiency ratio 57.7%
Q1 '24
Net interest share 80.6%
Efficiency ratio 42.4%
Q2 '24
Net interest share 78.9%
Efficiency ratio 57.1%
Q3 '24
Net interest share 80.9%
Efficiency ratio 55.2%
Q4 '24
Net interest share 84.2%
Efficiency ratio 59.8%
Q1 '25
Net interest share 75.6%
Efficiency ratio 42.8%
Q2 '25
Net interest share 81.2%
Efficiency ratio 55.0%
Q3 '25
Net interest share 82.3%
Efficiency ratio 57.5%
Q4 '25
Net interest share 83.6%
Efficiency ratio 60.0%
Q1 '26
Net interest share 75.1%
Efficiency ratio 45.9%
Q2 '26
Net interest share 80.7%
Efficiency ratio 52.9%
Net interest share
Efficiency ratio
Net income and earnings per share
Loss periods are shown in red.
FY16
Net income $45.9M
FY17
Net income $45.6M
FY18
Net income $77.9M
FY19
Net income $91.7M
FY20
Net income $83.2M
FY21
Net income $87.6M
FY22
Net income $91.1M
FY23
Net income $90.4M
FY24
Net income $101M
FY25
Net income $131M
Q3 '23
Net income $21.6M
Q4 '23
Net income $19.7M
Q1 '24
Net income $30.6M
Q2 '24
Net income $25.2M
Q3 '24
Net income $26.5M
Q4 '24
Net income $19.0M
Q1 '25
Net income $47.3M
Q2 '25
Net income $31.5M
Q3 '25
Net income $29.7M
Q4 '25
Net income $22.8M
Q1 '26
Net income $42.6M
Q2 '26
Net income $32.9M
FY16
Diluted EPS —
FY17
Diluted EPS —
FY18
Diluted EPS —
FY19
Diluted EPS —
FY20
Diluted EPS —
FY21
Diluted EPS —
FY22
Diluted EPS —
FY23
Diluted EPS —
FY24
Diluted EPS —
FY25
Diluted EPS —
Returns and efficiency
For banks, return on equity and the efficiency ratio (costs as a share of revenue) say most about how well the business runs.
FY16
ROE 7.6%
ROTE 7.9%
Efficiency ratio 60.9%
FY17
ROE 7.4%
ROTE 7.5%
Efficiency ratio 58.7%
FY18
ROE 11.8%
ROTE 11.6%
Efficiency ratio 56.6%
FY19
ROE 12.6%
ROTE 12.4%
Efficiency ratio 55.3%
FY20
ROE 10.5%
ROTE 10.4%
Efficiency ratio 58.1%
FY21
ROE 10.6%
ROTE 10.8%
Efficiency ratio 59.2%
FY22
ROE 10.8%
ROTE 11.0%
Efficiency ratio 57.4%
FY23
ROE 10.2%
ROTE 10.4%
Efficiency ratio 55.4%
FY24
ROE 10.6%
ROTE 10.7%
Efficiency ratio 52.7%
FY25
ROE 12.5%
ROTE 12.4%
Efficiency ratio 52.7%
ROE
ROTE
Efficiency ratio
Dividends, buybacks and share count
Republic Bancorp Inc /Ky/ returned $33.9M to shareholders in fiscal 2025, 21% of free cash flow. The diluted share count rose 0.4%.
FY16
Dividends $16.8M
Buybacks $1.2M
FY17
Dividends $17.7M
Buybacks $1.0M
FY18
Dividends $19.5M
Buybacks $0.8M
FY19
Dividends $21.4M
Buybacks $1.4M
FY20
Dividends $23.2M
Buybacks $3.9M
FY21
Dividends $24.7M
Buybacks $47.5M
FY22
Dividends $26.1M
Buybacks $12.6M
FY23
Dividends $28.4M
Buybacks $20.3M
FY24
Dividends $30.5M
Buybacks —
FY25
Dividends $33.9M
Buybacks $0.1M
Dividends
Buybacks
Q3 '23
Dividends $7.3M
Buybacks $9.4M
Q4 '23
Dividends $7.2M
Buybacks $4.2M
Q1 '24
Dividends $7.1M
Buybacks —
Q2 '24
Dividends $7.8M
Buybacks —
Q3 '24
Dividends $7.8M
Buybacks —
Q4 '24
Dividends $7.8M
Buybacks —
Q1 '25
Dividends $7.8M
Buybacks —
Q2 '25
Dividends $8.7M
Buybacks —
Q3 '25
Dividends $8.7M
Buybacks $0.0M
Q4 '25
Dividends $8.7M
Buybacks $0.0M
Q1 '26
Dividends $8.7M
Buybacks —
Q2 '26
Dividends $9.6M
Buybacks —
Dividends
Buybacks
FY16
Diluted shares 0.02B
FY17
Diluted shares 0.02B
FY18
Diluted shares 0.02B
FY19
Diluted shares 0.02B
FY20
Diluted shares 0.02B
FY21
Diluted shares 0.02B
FY22
Diluted shares 0.02B
FY23
Diluted shares 0.02B
FY24
Diluted shares 0.02B
FY25
Diluted shares 0.02B
Balance sheet
Loans, deposits and capital at each fiscal year end.
FY16
Loans $3.8B
Deposits —
FY17
Loans $4.0B
Deposits —
FY18
Loans $4.1B
Deposits —
FY19
Loans $4.4B
Deposits —
FY20
Loans $4.8B
Deposits —
FY21
Loans $4.4B
Deposits —
FY22
Loans —
Deposits —
FY23
Loans —
Deposits —
FY24
Loans —
Deposits —
FY25
Loans —
Deposits —
Loans
Deposits
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Loans, net | $4.4B | — | — | — | — |
| Total assets | $6.2B | $5.8B | $6.6B | $6.8B | $7.0B |
| Shareholders' equity | $835M | $857M | $913M | $992M | $1.1B |
| Goodwill | $16.3M | $16.3M | $40.5M | $40.5M | $40.5M |
| Intangible assets | $9.2M | $8.8M | $7.4M | — | — |
| Provision / loans | 0.3% | — | — | — | — |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
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$0.0M
No open-market insider trades in the last 12 months.
10 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $214M | $257M | $289M | $311M | $319M | $309M | $327M | $360M | $385M | $417M |
| Net interest income | $156M | $199M | $226M | $236M | $232M | $223M | $237M | $289M | $312M | $335M |
| Noninterest income | $57.5M | $58.4M | $63.4M | $75.0M | $87.1M | $86.6M | $89.8M | $71.5M | $72.7M | $82.8M |
| Noninterest expense | $130M | $151M | $164M | $172M | $185M | $183M | $187M | $199M | $203M | $220M |
| Provision for credit losses | $14.5M | $27.7M | $31.4M | $25.8M | $31.3M | $14.8M | $22.3M | $47.6M | $54.4M | $31.6M |
| Interest expense | $17.9M | $20.3M | $30.1M | $44.8M | $19.9M | $5.7M | $7.5M | $67.3M | — | — |
| Pretax income | $69.0M | $78.4M | $94.3M | $113M | $103M | $111M | $117M | $113M | $128M | $166M |
| Income tax | $23.1M | $32.8M | $16.4M | $21.5M | $19.4M | $23.8M | $25.7M | $22.8M | $26.3M | $34.4M |
| Net income | $45.9M | $45.6M | $77.9M | $91.7M | $83.2M | $87.6M | $91.1M | $90.4M | $101M | $131M |
| Diluted shares | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B |
| Cash flow | ||||||||||
| Cash from operations | $47.7M | $77.8M | $119M | $105M | $75.4M | $100M | $155M | $109M | $149M | $168M |
| Capital expenditure | $7.0M | $12.4M | $9.8M | $12.9M | $3.6M | $5.8M | $3.5M | $6.9M | $5.8M | $7.1M |
| Free cash flow | $40.6M | $65.4M | $109M | $92.3M | $71.9M | $94.5M | $151M | $102M | $143M | $161M |
| Depreciation and amortization | $7.3M | $8.5M | $9.3M | $9.2M | $9.7M | $9.0M | $7.6M | $7.1M | $6.9M | $6.7M |
| Stock-based compensation | $1.0M | $1.1M | $1.0M | $1.0M | $1.0M | $1.5M | $1.8M | $1.3M | $1.3M | $2.1M |
| Acquisitions | $9.1M | — | — | — | — | — | — | $41.0M | — | — |
| Share buybacks | $1.2M | $1.0M | $0.8M | $1.4M | $3.9M | $47.5M | $12.6M | $20.3M | — | $0.1M |
| Dividends paid | $16.8M | $17.7M | $19.5M | $21.4M | $23.2M | $24.7M | $26.1M | $28.4M | $30.5M | $33.9M |
| Dividends and buybacks | $18.0M | $18.7M | $20.3M | $22.8M | $27.1M | $72.2M | $38.7M | $48.6M | $30.5M | $33.9M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $289M | $299M | $351M | $385M | $486M | $757M | $314M | $317M | $432M | $220M |
| Loans, net | $3.8B | $4.0B | $4.1B | $4.4B | $4.8B | $4.4B | — | — | — | — |
| Property and equipment, net | $40.5M | $42.6M | $43.1M | $46.2M | $39.5M | $36.1M | $32.0M | $33.4M | $32.3M | $36.0M |
| Goodwill | $16.3M | $16.3M | $16.3M | $16.3M | $16.3M | $16.3M | $16.3M | $40.5M | $40.5M | $40.5M |
| Intangible assets | $5.2M | $5.0M | $4.9M | $5.9M | $7.1M | $9.2M | $8.8M | $7.4M | — | — |
| Total assets | $4.8B | $5.1B | $5.2B | $5.6B | $6.2B | $6.2B | $5.8B | $6.6B | $6.8B | $7.0B |
| Total liabilities | $4.2B | $4.5B | $4.6B | $4.9B | $5.3B | $5.3B | $5.0B | $5.7B | $5.9B | $5.9B |
| Shareholders' equity | $604M | $632M | $690M | $764M | $823M | $835M | $857M | $913M | $992M | $1.1B |
| Margins | ||||||||||
| Net margin | 21.5% | 17.8% | 26.9% | 29.5% | 26.1% | 28.3% | 27.9% | 25.1% | 26.3% | 31.5% |
| FCF margin | 19.0% | 25.5% | 37.8% | 29.7% | 22.5% | 30.5% | 46.3% | 28.2% | 37.2% | 38.6% |
| Net interest share of revenue | 73.1% | 77.3% | 78.1% | 75.9% | 72.7% | 72.0% | 72.5% | 80.2% | 81.1% | 80.2% |
| Efficiency ratio | 60.9% | 58.7% | 56.6% | 55.3% | 58.1% | 59.2% | 57.4% | 55.4% | 52.7% | 52.7% |
| Returns | ||||||||||
| Return on equity | 7.6% | 7.4% | 11.8% | 12.6% | 10.5% | 10.6% | 10.8% | 10.2% | 10.6% | 12.5% |
| Return on assets | 1.0% | 0.9% | 1.5% | 1.7% | 1.4% | 1.4% | 1.5% | 1.5% | 1.5% | 1.9% |
| Return on tangible equity | 7.9% | 7.5% | 11.6% | 12.4% | 10.4% | 10.8% | 11.0% | 10.4% | 10.7% | 12.4% |
| Growth | ||||||||||
| Revenue growth | — | 20.3% | 12.7% | 7.5% | 2.6% | −3.1% | 5.6% | 10.3% | 6.8% | 8.5% |
| Net income growth | — | −0.6% | 70.6% | 17.8% | −9.2% | 5.2% | 4.0% | −0.8% | 12.2% | 29.5% |
| FCF growth | — | 60.9% | 67.3% | −15.6% | −22.2% | 31.5% | 60.1% | −32.8% | 40.9% | 12.5% |
| Share count change | — | 0.3% | 0.3% | 0.3% | −0.3% | −1.5% | −3.2% | −1.2% | −0.6% | 0.4% |
| Financial health | ||||||||||
| Provision / loans | 0.4% | 0.7% | 0.8% | 0.6% | 0.7% | 0.3% | — | — | — | — |
| Capital allocation | ||||||||||
| Capex / revenue | 3.3% | 4.8% | 3.4% | 4.1% | 1.1% | 1.9% | 1.1% | 1.9% | 1.5% | 1.7% |
| Stock comp / revenue | 0.5% | 0.4% | 0.3% | 0.3% | 0.3% | 0.5% | 0.5% | 0.4% | 0.3% | 0.5% |
| Payouts / FCF | 44.2% | 28.6% | 18.6% | 24.7% | 37.8% | 76.5% | 25.6% | 47.8% | 21.3% | 21.1% |
| Quality scores | ||||||||||
| Accruals ratio | −0.0% | −0.6% | −0.8% | −0.2% | 0.1% | −0.2% | −1.1% | −0.3% | −0.7% | −0.5% |
Source: SEC EDGAR XBRL filings (CIK 0000921557). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.