Republic Bancorp Inc Ky Stock Price, News & Analysis

Republic Bank (RBCAA) hosted its fifth annual Juneteenth Event at the Republic Bank Foundation YMCA, focusing on providing free health screenings and resources to West Louisville residents. The event, partnering with Kentucky African Americans Against Cancer (KAAAC) and other organizations, offered free prostate and dental screenings. The initiative addresses significant health disparities, as Black men face higher prostate cancer risks and Black Americans experience higher rates of untreated dental issues. According to statistics, one in eight men will be diagnosed with prostate cancer, with Black men at higher risk, while dental screenings typically cost around $130. The event also featured activities, food, and vendors from Black- and women-owned businesses, combining community celebration with essential healthcare services.

Republic Bancorp (NASDAQ: RBCAA) has declared a dividend payment for its shareholders. The company announced a cash dividend of $0.451 per share for Class A Common Stock and $0.41 per share for Class B Common Stock. The dividend will be payable on July 18, 2025, to shareholders of record as of June 20, 2025.

Republic Bancorp, parent company of Republic Bank & Trust Company, operates 47 banking centers across five states and metropolitan areas, including Louisville, Lexington, Cincinnati, Tampa, and Nashville. The company also maintains a loan production office in St. Louis. As of March 31, 2025, Republic Bancorp had total assets of approximately $7.1 billion.

Republic Bank ($RBCAA) has announced a strategic marketing partnership with BUNTIN, a renowned independent agency, to lead its strategy, media, and creative efforts. The bank will also maintain its existing relationship with C2 Strategic Communications for public relations and strategic communications. BUNTIN, established in 1972, brings extensive experience working with major brands like SERVPRO, Trex, and Kentucky Lottery Corporation. The partnership aims to enhance Republic Bank's brand identity and increase community engagement across its key markets including Louisville, Nashville, Cincinnati/Northern Kentucky, Lexington, and Tampa. C2 Strategic Communications, which has been partnering with Republic since 2020, will continue providing public relations strategy, event planning, and creative support across the bank's markets.

Republic Bancorp (RBCAA) reported outstanding Q1 2025 financial results with net income of $47.3 million and Diluted EPS of $2.42, representing increases of 54% and 53% respectively compared to Q1 2024. The company achieved a return on average assets (ROA) of 2.61% and return on average equity (ROE) of 18.74%.

The Core Bank segment posted net income of $17.4 million, up 32% year-over-year, driven by increased net interest income and improved credit provisions. The Tax Refund Solutions (TRS) segment showed exceptional performance with a 123% increase in net income.

Key metrics include:

• Core Bank net interest income: $56.3 million (+12% YoY)
• Net interest margin: improved from 3.30% to 3.70%
• Core Bank credit quality remained strong with net charge-offs to average loans at 0.01%
• Nonperforming loans to total loans: 0.44%

Republic Bank & Trust Company has been named one of America's Top 50 Community Banks by S&P Global Market Intelligence based on 2024 performance. Ranking 17th nationally, Republic is the highest-ranked bank headquartered in Kentucky. This marks the second consecutive year Republic has achieved this distinction, moving up from 29th last year.

S&P ranks institutions based on returns, growth, and funding, emphasizing balance sheet strength and risk profile. Republic's score was based on eight metrics, including pretax return on average assets, net interest margin, efficiency ratio, 3-year average operating revenue change, 8-quarter average deposit change, nonperforming assets, loans 90 days or more past due, net charge-offs-to-average loans and leases ratio, and adjusted tangible common equity-to-tangible assets ratio.

Republic Bank's Net Promoter Score is over two-and-a-half times the industry average, highlighting its commitment to meeting clients' financial needs.

Republic Bank & Trust Company has achieved the #9 position on Forbes' 2025 America's Best Banks list, marking its second consecutive year on this prestigious ranking. As the highest-ranked Kentucky-based bank in both 2024 and 2025, Republic is the only Kentucky bank to break into the top 10.

The ranking was determined through evaluation of 11 metrics measuring growth, credit quality, and profitability for the 12 months ending September 30, 2024, along with stock performance through January 10, 2025. The Bank, which serves communities across Kentucky, Florida, Indiana, Ohio, Tennessee, and Missouri, boasts a Net Promoter Score nearly triple the industry average.

This achievement follows Republic's recent recognitions by Newsweek as one of America's Best Regional Banks (2024 and 2025) and its inclusion in S&P Global Market Intelligence's Top 50 Community Banks (2024).

Republic Bank & Trust Company has announced two key additions to its corporate leadership team. Cheryl VanAllen joins as Executive Vice President and Chief People Officer, bringing experience from KFC US where she led talent strategy and people analytics. Courtney Eder takes the role of Senior Vice President and Chief Marketing Officer, coming from Walmart where she managed marketing initiatives and led the Walmart+ membership program.

These appointments come as part of a leadership transition, with VanAllen replacing Margaret Wendler, who is retiring after 29 years of service, and Eder taking over from Jim Ensign, who will serve in an advisory role before retiring later in 2025. Both new executives will focus on strengthening the bank's talent operations and marketing strategy, respectively.

Republic Bancorp reported strong Q4 2024 performance with net income of $19.0 million and full-year net income of $101.4 million, representing a 12% increase from 2023. The company's Core Bank segment showed an 11% increase in net income over Q4 2023, driven by a $7.0 million rise in net interest income and growth in net interest margin from 3.40% to 3.64%.

Key highlights include strong credit quality metrics, with Core Bank's net charge-offs to average loans at 0.02% for Q4 and nonperforming loans to total loans at 0.44%. The company's total deposits grew by $157 million, while total loans increased by $200 million year-over-year. The stock generated a one-year total return of 30.3% in 2024, outperforming the NASDAQ Bank Index.

Notable achievements include a 21% increase in Traditional Banking net income, 37% growth in Warehouse Lending income, and a 28% rise in Republic Credit Solutions income for 2024.

Republic Bancorp (NASDAQ: RBCAA) has announced an 11% increase in its quarterly cash dividends, marking the 27th consecutive year of dividend increases. The new quarterly dividend will be $0.451 per Class A Common Stock share and $0.41 per Class B Common Stock share, payable April 18, 2025, to shareholders of record as of March 21, 2025.

The increased dividend represents an annualized yield of 2.61% for Class A Common stock, based on the January 21, 2025 closing price. The company, parent of Republic Bank & Trust Company, operates 47 banking centers across five metropolitan areas in Kentucky, Indiana, Ohio, Florida, and Tennessee, with approximately $6.7 billion in total assets as of September 30, 2024.