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Republic Bancorp, Inc. delivered strong third-quarter 2025 results with net income of $29.7 million and diluted EPS of $1.52, up 12% and 11% respectively year-over-year. The company benefited from higher net interest margins, disciplined loan management, and continued operational efficiency. Credit quality remained solid across the Core Bank with low charge-offs and improved margins.
Republic Bancorp reported a net income of $19.0 million and Diluted EPS of $0.98 per share for the fourth quarter of 2024. The Core Bank's net income increased by 11% compared to the same period last year, driven by a rise in net interest income and solid credit quality. However, net income from the Republic Processing Group declined due to a larger allowance for early season tax loans within Tax Refund Solutions.
Republic Bancorp reported a net income of $26.5 million and diluted EPS of $1.37 for Q3 2024, representing increases of 23% and 25% respectively, compared to Q3 2023. The company's balance sheet showed positive trends with deposit growth and strategic loan portfolio management.
Republic Bancorp reported a strong performance in Q2 2024, with net income increasing by 20% and diluted EPS increasing by 22% compared to Q2 2023. The company saw growth in its core banking franchise and effective management of risks and expenses.
Republic Bancorp reported a solid first quarter to start 2024, with net income increasing by 9% and diluted EPS increasing by 11% compared to the first quarter of 2023. Diversification of revenue streams played a meaningful role in the company's success, with three of the five reportable business segments generating increases in net income.
Republic Bancorp reported a net income of $19.7 million and diluted EPS of $1.01 for Q4 2023. The Core Banking operations reported a net income decrease, while the Republic Processing Group's net income increased, driven by Republic Payments Solutions.
Republic Bancorp reported a net income of $21.1 million and diluted EPS of $1.07 for Q2 2023, compared to $24.3 million and $1.22 per share in Q2 2022. However, operating net income increased by 34% year-over-year, driven by loan growth in the Traditional Banking segment and disciplined expense control.
Republic Bancorp reported a net income of $28.1 million and diluted EPS of $1.42 for the first quarter of 2023. The company's operating net income, adjusted for specific items, increased by 29% compared to the first quarter of 2022. The Core Bank's operating net income also showed a significant increase, driven by growth in Traditional Bank net interest income.
Republic Bancorp reported a net income of $19.5 million for the third quarter of 2022, with diluted earnings per Class A Common Share of $0.99. The company's performance was driven by disciplined overhead expense management and expansion in net interest margin, offsetting declines in PPP revenues and mortgage banking income.
Republic Bancorp, Inc. reported second quarter 2022 net income of $23.9 million, equaling its net income for the second quarter of 2021. Diluted Earnings per Class A Common Share was $1.20.
Republic Bancorp reported a 7% increase in net income for the first quarter of 2022, reaching $27.9 million, with a diluted EPS of $1.40. The company's ROA was 1.74% and ROE was 13.19%. Strong loan and deposit growth in Traditional Bank and solid performance in nontraditional business lines helped to mitigate revenue declines from PPP loans and mortgage banking.
Republic Bancorp, Inc. reported a net income of $16.8 million for the fourth quarter of 2021, with a diluted EPS of $0.84. The company's full year net income reached $86.8 million, a 4% increase compared to 2020.
Republic Bancorp reported a solid third quarter with a 7% increase in net income from continuing operations compared to the same period last year. Diluted EPS also increased, driven by the company's stock buyback program and expense management.
Republic Bancorp reported a net income of $23.9 million for the second quarter of 2021, a 51% increase compared to the second quarter of 2020. Diluted earnings per Class A Common Share were $1.16.
Republic Bancorp reported a net income of $20.4 million for the first quarter, a decrease of 23% compared to the same period last year. The decline was primarily attributed to a negative swing in the Tax Refund Solutions segment, while the Core Banking operations experienced a 64% increase in net income.
Republic Bancorp, Inc. reported a net income of $20.3 million for the fourth quarter of 2020, resulting in Diluted Earnings Per Class A Common Share of $0.98. The company's net income results for the fourth quarter of 2020 represents an 11% increase over the company's fourth quarter 2019 adjusted net income of $18.3 million.
Republic Bancorp reported an 11% increase in net income for the third quarter of 2020, reaching $20.4 million, with diluted earnings per share of $0.98. The company's performance was driven by growth in mortgage banking and warehouse lending, despite challenges from net interest margin compression and increased provision for credit losses due to the COVID-19 pandemic.
Republic Bancorp reported a net income of $15.8 million for the second quarter of 2020, with diluted EPS of $0.76. The results were negatively impacted by provisions for expected credit losses due to the COVID-19 pandemic.
Republic Bancorp reported a net income of $26.7 million for the first quarter of 2020, a 10% decrease compared to the first quarter of 2019, primarily due to an increase in the allowance for credit losses related to the potential impact of the COVID-19 pandemic.
Republic Bancorp reported a strong fourth quarter with a 49% increase in net income compared to the same period last year, driven by solid balance sheet growth and favorable asset quality.
