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Articles from Republic Bancorp, Inc.

Republic Bank Announces Additions to Corporate Leadership Team
Republic Bank & Trust Company ("Republic" or “the Bank") is proud to introduce two new members to the corporate leadership team. Cheryl VanAllen serves as Executive Vice President (EVP), Chief People Officer, and Courtney Eder takes on responsibilities as Senior Vice President (SVP), Chief Marketing Officer.
By Republic Bancorp, Inc. · Via Business Wire · February 5, 2025
Republic Bancorp, Inc. Reports Fourth Quarter 2024 Net Income of $19.0 Million and Full Year Net Income of $101.4 million
Republic Bancorp, Inc. (“Republic” or the “Company”) reported fourth quarter 2024 net income and Diluted Earnings per Class A Common Share (“Diluted EPS”) of $19.0 million and $0.98 per share. Year-to-date net income was $101.4 million, an $11.0 million, or 12%, increase over 2023, resulting in return on average assets (“ROA”) and return on average equity (“ROE”) of 1.47% and 10.50% for 2024.
By Republic Bancorp, Inc. · Via Business Wire · January 24, 2025
Republic Bancorp, Inc. Increases its Common Stock Cash Dividends Paid for the 27th Consecutive Year
Republic Bancorp, Inc. (NASDAQRBCAA), parent company of Republic Bank & Trust Company, today announced an 11% increase in the Company’s quarterly cash dividends. The quarterly cash dividend of $0.451 per share of Class A Common Stock and $0.41 per share on Class B Common Stock will be payable April 18, 2025, to shareholders of record as of March 21, 2025. The increased cash dividend results in an annualized dividend yield for the Class A Common stock of 2.61% based upon the stock’s closing price on January 21, 2025.
By Republic Bancorp, Inc. · Via Business Wire · January 22, 2025
Republic Bancorp, Inc. Declares Common Stock Dividends
Republic Bancorp, Inc. (NASDAQRBCAA), parent company of Republic Bank & Trust Company, declared a cash dividend of $0.407 per share on Class A Common Stock and $0.37 per share on Class B Common Stock, payable January 17, 2025, to shareholders of record as of December 20, 2024.
By Republic Bancorp, Inc. · Via Business Wire · November 20, 2024
Republic Bancorp, Inc. Reports Third Quarter 2024 Net Income of $26.5 Million, a 23% Increase Over the Third Quarter of 2023
Republic Bancorp, Inc. (“Republic” or the “Company”) reported third quarter 2024 net income and Diluted Earnings per Class A Common Share (“Diluted EPS”) of $26.5 million and $1.37 per share, representing increases of 23% and 25% over the third quarter of 2023. Year-to-date net income was $82.4 million, an $11.6 million, or 16%, increase from the same period in 2023, resulting in return on average assets (“ROA”) and return on average equity (“ROE”) of 1.60% and 11.53% for the first nine months of 2024.
By Republic Bancorp, Inc. · Via Business Wire · October 18, 2024
Republic Bancorp, Inc. Reports Second Quarter 2024 Net Income of $25.2 Million
Republic Bancorp, Inc. (“Republic” or the “Company”) reported second quarter 2024 net income and Diluted Earnings per Class A Common Share (“Diluted EPS”) of $25.2 million and $1.30 per share, representing increases of 20% and 22% over the second quarter of 2023.
By Republic Bancorp, Inc. · Via Business Wire · July 19, 2024
Republic Bancorp, Inc. Declares Common Stock Dividends
Republic Bancorp, Inc. (NASDAQRBCAA), parent company of Republic Bank & Trust Company, declared a cash dividend of $0.407 per share on Class A Common Stock and $0.37 per share on Class B Common Stock, payable October 18, 2024, to shareholders of record as of September 20, 2024.
By Republic Bancorp, Inc. · Via Business Wire · July 17, 2024
Republic Bancorp, Inc. Declares Common Stock Dividends
Republic Bancorp, Inc. (NASDAQRBCAA), parent company of Republic Bank & Trust Company, declared a cash dividend of $0.407 per share on Class A Common Stock and $0.37 per share on Class B Common Stock, payable July 19, 2024, to shareholders of record as of June 21, 2024.
By Republic Bancorp, Inc. · Via Business Wire · May 15, 2024
Republic Bancorp, Inc. and Republic Bank & Trust Company Appoint Two New Directors to Their Boards
The Officers and Directors of Republic Bancorp, Inc. (the “Company”) and Republic Bank & Trust Company (“Republic” or the “Bank”) are pleased to announce the appointment of Yoania “Jo” Cannon and Alejandro “Alex” Sanchez to the Company’s Boards.
By Republic Bancorp, Inc. · Via Business Wire · April 29, 2024
Republic Bancorp, Inc. Reports First Quarter 2024 Net Income of $30.6 Million
Republic Bancorp, Inc. (“Republic” or the “Company”) reported first quarter 2024 net income and Diluted Earnings per Class A Common Share (“Diluted EPS”) of $30.6 million and $1.58 per share, representing increases of 9% and 11% over the first quarter of 2023.
By Republic Bancorp, Inc. · Via Business Wire · April 25, 2024
Republic Bank Named One of the Best-Performing Large Community Banks in the U.S. by S&P Global Market Intelligence
Republic Bank today announced it has been named a top-50 best-performing bank in the S&P Global Market Intelligence Top 50 Community Banks with assets of $3 -10 billion, with the highest ranking of any bank headquartered in Kentucky. The rankings assess the performance of banking institutions based on returns, growth and funding, while placing a premium on the strength and risk profile of balance sheets.
By Republic Bancorp, Inc. · Via Business Wire · March 27, 2024
Republic Bank named to Newsweek’s America’s Best Regional Banks and Credit Unions 2024
Republic Bank & Trust Company ("Republic" or the "Bank") announced today that it has been recognized as one of America’s Best Regional Banks and Credit Unions 2024 by Newsweek and Plant-A-Insights Group. This survey of more than 35,000 customer interviews included over 140,000 reviews of regional banks and credit unions. Republic was also recently named to Newsweek’s Best Online Lenders in America 2024 list.
By Republic Bancorp, Inc. · Via Business Wire · March 5, 2024
Republic Bancorp, Inc. Reports Fourth Quarter 2023 Net Income of $19.7 Million
Republic Bancorp, Inc. (“Republic” or the “Company”) reported fourth quarter 2023 net income and Diluted Earnings per Class A Common Share (“Diluted EPS”) of $19.7 million and $1.01 per share, representing increases of 6% and 7% over the fourth quarter of 2022.
By Republic Bancorp, Inc. · Via Business Wire · January 26, 2024
Republic Bancorp, Inc. Increases its Common Stock Cash Dividends Paid for the 26th Consecutive Year
Republic Bancorp, Inc. (NASDAQRBCAA), parent company of Republic Bank & Trust Company, today announced a 9% increase in the Company’s quarterly cash dividends. The quarterly cash dividend of $0.407 per share of Class A Common Stock and $0.37 per share on Class B Common Stock will be payable April 19, 2024, to shareholders of record as of March 15, 2024. The increased cash dividend results in an annualized dividend yield for the Class A Common stock of 3.20% based upon the stock’s closing price on January 23, 2024.
By Republic Bancorp, Inc. · Via Business Wire · January 24, 2024
Republic Bancorp, Inc. Declares Common Stock Dividends
Republic Bancorp, Inc. (NASDAQRBCAA), parent company of Republic Bank & Trust Company, declared a cash dividend of $0.374 per share on Class A Common Stock and $0.34 per share on Class B Common Stock, payable January 19, 2024, to shareholders of record as of December 15, 2023.
By Republic Bancorp, Inc. · Via Business Wire · November 15, 2023
Republic Bank Recognized as a Best Online Lender by Newsweek
Republic Bank & Trust Company ("Republic" or the "Bank") has been named to Newsweek’s Best Online Lenders in America 2024 list in multiple categories. The rankings, a collaboration between Newsweek and Lending Tree, named Republic in five different loan types across two categories. The Bank received recognition for three different loan types in the Best Customer Satisfaction category and for two different loan types in the Overall category.
By Republic Bancorp, Inc. · Via Business Wire · October 25, 2023
Republic Bancorp, Inc. Reports Third Quarter 2023 Net Income of $21.6 Million
Republic Bancorp, Inc. (NASDAQRBCAA), headquartered in Louisville, Kentucky, is the holding company of Republic Bank & Trust Company (the “Bank”).
By Republic Bancorp, Inc. · Via Business Wire · October 20, 2023
Republic Bancorp, Inc. Reports Second Quarter 2023 Net Income of $21.1 Million
Republic Bancorp, Inc. (NASDAQRBCAA), headquartered in Louisville, Kentucky, is the holding company of Republic Bank & Trust Company (the “Bank”).
By Republic Bancorp, Inc. · Via Business Wire · July 21, 2023
Republic Bancorp, Inc. Declares Common Stock Dividends
Republic Bancorp, Inc. (NASDAQRBCAA), parent company of Republic Bank & Trust Company, declared a cash dividend of $0.374 per share on Class A Common Stock and $0.34 per share on Class B Common Stock, payable October 20, 2023, to shareholders of record as of September 15, 2023.
By Republic Bancorp, Inc. · Via Business Wire · July 19, 2023
Republic Bank Completes Merger With Commercial Industrial Finance, Rebrands Division as Republic Bank Finance
St. Louis-based Commercial Industrial Finance, Inc. (“CIF”) became Republic Bank Finance effective July 1, 2023, coinciding with the final merger of the two companies. CIF was acquired by Republic Bank & Trust Company (“Republic Bank” or the “Bank”) and its parent company Republic Bancorp, Inc. (NASDAQRBCAA) (“Republic”), on March 15, 2023, as part of the acquisition of CIF’s former parent company, CBank.
By Republic Bancorp, Inc. · Via Business Wire · July 5, 2023
Republic Bancorp, Inc. Declares Common Stock Dividends
Republic Bancorp, Inc. (NASDAQRBCAA), parent company of Republic Bank & Trust Company, declared a cash dividend of $0.374 per share on Class A Common Stock and $0.34 per share on Class B Common Stock, payable July 21, 2023, to shareholders of record as of June 16, 2023.
By Republic Bancorp, Inc. · Via Business Wire · May 17, 2023
Republic Bank Appoints Vidya Ravichandran to Board of Directors
The Officers and Directors of Republic Bancorp, Inc. (the "Company") and Republic Bank & Trust Company (the “Bank”, collectively, “Republic”) are pleased to announce the appointment of Vidya Ravichandran to both Boards.
By Republic Bancorp, Inc. · Via Business Wire · April 24, 2023
Republic Bancorp, Inc. Reports First Quarter 2023 Net Income of $28.1 Million
Republic Bancorp, Inc. (NASDAQRBCAA), headquartered in Louisville, Kentucky, is the holding company of Republic Bank & Trust Company (the “Bank”).
By Republic Bancorp, Inc. · Via Business Wire · April 20, 2023
Republic Bank Continues Growth in Greater Cincinnati Area with Opening of New Banking Center in Bellevue in Campbell County
Republic Bank & Trust Company (“Republic” or the “Bank”) announces the opening of a new banking center in Bellevue, Kentucky at 119 Fairfield Avenue, expanding its service area into Campbell County and the Greater Cincinnati area.
By Republic Bancorp, Inc. · Via Business Wire · March 27, 2023
Republic Bank Completes Acquisition of CBank
Republic Bancorp, Inc. (NASDAQRBCAA) (“Republic” or the “Company”), the parent company of Republic Bank & Trust Company (“Republic Bank” or the “Bank”), is pleased to announce the Bank has completed its previously announced merger with CBank and CBank’s wholly owned subsidiary, Commercial Industrial Finance, Inc. (“CIF”), for approximately $51 million in cash.
By Republic Bancorp, Inc. · Via Business Wire · March 15, 2023
Republic Bank Partners with Nest Egg to Bring Investment Planning and Management to the Bank’s Clients
Republic Bank & Trust Company (“Republic” or the “Bank”) announces a new partnership with Nest Egg, a digital platform that connects the Bank’s clients with professional financial and investment advisors through a click or a call.
By Republic Bancorp, Inc. · Via Business Wire · March 1, 2023
Republic Bancorp, Inc. Increases its Common Stock Cash Dividends Paid for the 25th Consecutive Year
Republic Bancorp, Inc. (“Republic”) (NASDAQRBCAA), parent company of Republic Bank & Trust Company, today announced a 10% increase in the Company’s quarterly cash dividends. The quarterly cash dividend of $0.374 per share of Class A Common Stock and $0.34 per share on Class B Common Stock will be payable April 21, 2023, to shareholders of record as of March 17, 2023. The increased cash dividend results in an annualized dividend yield for the Class A Common stock of 3.50% based upon the stock’s closing price on January 26, 2023.
By Republic Bancorp, Inc. · Via Business Wire · January 27, 2023
Republic Bancorp, Inc. Reports Fourth Quarter 2022 Net Income of $18.5 Million, an 8% increase over the Fourth Quarter of 2021
Republic Bancorp, Inc. (NASDAQRBCAA), headquartered in Louisville, Kentucky, is the holding company of Republic Bank & Trust Company (the “Bank”).
By Republic Bancorp, Inc. · Via Business Wire · January 27, 2023
Republic Bancorp, Inc. Declares Common Stock Dividends
Republic Bancorp, Inc. (NASDAQRBCAA), parent company of Republic Bank & Trust Company, declared a cash dividend of $0.341 per share on Class A Common Stock and $0.31 per share on Class B Common Stock, payable January 20, 2023, to shareholders of record as of December 16, 2022.
By Republic Bancorp, Inc. · Via Business Wire · November 16, 2022
Republic Bank Expands its Cincinnati Footprint with the Acquisition of CBank
Republic Bancorp, Inc. (NASDAQRBCAA) (“Republic” or the “Company”), the parent company of Republic Bank & Trust Company (“Republic Bank” or the “Bank”), and Cincinnati-based CBank (www.cbankusa.com) today announced the signing of an Agreement and Plan of Merger (the “Agreement”) under which Republic will acquire CBank and its wholly-owned subsidiary, Commercial Industrial Finance, Inc. (“CIF”). CIF, which is headquartered in St. Louis, Missouri, provides equipment leasing and financing to businesses nationwide.
By Republic Bancorp, Inc. · Via Business Wire · October 27, 2022
Republic Bancorp, Inc. Reports Third Quarter Net Income of $19.5 Million
Republic Bancorp, Inc. (NASDAQRBCAA), headquartered in Louisville, Kentucky, is the holding company of Republic Bank & Trust Company (the “Bank”).
By Republic Bancorp, Inc. · Via Business Wire · October 21, 2022
Republic Bank Earns National Award Recognizing Leadership in Community and Economic Development
Republic Bank & Trust Company (“Republic” or “Republic Bank”) has earned the prestigious 2022 American Bankers Association (“ABA”) Foundation Community Commitment Award. The award was given to Republic for its work in the Community and Economic Development category.
By Republic Bancorp, Inc. · Via Business Wire · September 20, 2022
Republic Bancorp, Inc. Reports Second Quarter Net Income of $23.9 Million
Republic Bancorp, Inc. (NASDAQRBCAA), headquartered in Louisville, Kentucky, is the holding company of Republic Bank & Trust Company (the “Bank”).
By Republic Bancorp, Inc. · Via Business Wire · July 22, 2022
Republic Bancorp, Inc. Declares Common Stock Dividends
Republic Bancorp, Inc. (NASDAQRBCAA), parent company of Republic Bank & Trust Company, declared a cash dividend of $0.341 per share on Class A Common Stock and $0.31 per share on Class B Common Stock, payable October 21, 2022, to shareholders of record as of September 16, 2022.
By Republic Bancorp, Inc. · Via Business Wire · July 20, 2022
Republic Bancorp Appoints Two New Directors to its Board
The Officers and Directors of Republic Bancorp, Inc. (the "Company") and Republic Bank & Trust Company (the “Bank”, collectively, “Republic”) are pleased to announce the appointment of Jennifer N. Green and Timothy S. Huval to both Boards.
By Republic Bancorp, Inc. · Via Business Wire · June 13, 2022
Republic Bancorp, Inc. Declares Common Stock Dividends
Republic Bancorp, Inc. (NASDAQRBCAA), parent company of Republic Bank & Trust Company, declared a cash dividend of $0.341 per share on Class A Common Stock and $0.31 per share on Class B Common Stock, payable July 15, 2022 to shareholders of record as of June 17, 2022.
By Republic Bancorp, Inc. · Via Business Wire · May 18, 2022
Republic Bancorp, Inc.’s First Quarter Net Income Increases 7% to $27.9 Million With Strong EPS of $1.40, ROA of 1.74%, and ROE of 13.19%
Republic Bancorp, Inc. (NASDAQRBCAA), headquartered in Louisville, Kentucky, is the holding company of Republic Bank & Trust Company (the “Bank”).
By Republic Bancorp, Inc. · Via Business Wire · April 21, 2022
Republic Bancorp, Inc. Finishes 2021 with Fourth Quarter Net Income of $16.8 Million and Full Year Net Income of $86.8 Million
Republic Bancorp, Inc. (NASDAQRBCAA), headquartered in Louisville, Kentucky, is the holding company of Republic Bank & Trust Company (the “Bank”).
By Republic Bancorp, Inc. · Via Business Wire · January 28, 2022
Republic Bancorp, Inc. Increases Its Common Stock Cash Dividends Paid for the 24th Consecutive Year
Republic Bancorp, Inc. (“Republic”) (NASDAQRBCAA), parent company of Republic Bank & Trust Company, today announced an 11% increase in the Company’s quarterly cash dividends. The quarterly cash dividend of $0.341 per share of Class A Common Stock and $0.31 per share on Class B Common Stock will be payable April 15, 2022 to shareholders of record as of March 18, 2022. The increased cash dividend results in an annualized dividend yield for the Class A Common stock of 2.73% based upon the stock’s closing price on January 25, 2022.
By Republic Bancorp, Inc. · Via Business Wire · January 26, 2022
Republic Bancorp, Inc. Declares Common Stock Dividends
Republic Bancorp, Inc. (NASDAQRBCAA), parent company of Republic Bank & Trust Company, declared a cash dividend of $0.308 per share on Class A Common Stock and $0.28 per share on Class B Common Stock, payable January 21, 2022 to shareholders of record as of December 17, 2021.
By Republic Bancorp, Inc. · Via Business Wire · November 17, 2021
Republic Bank Directors Recognized as 2021 Most Influential Black Corporate Directors
Two members of Republic Bank & Trust Company’s (“Republic Bank” or the “Bank”) and its parent company, Republic Bancorp, Inc.’s, (the “Company”) Boards of Directors, Ernest W. Marshall, Jr., and George Nichols, III, were recently recognized among SAVOY Magazine’s 2021 Most Influential Black Corporate Directors.
By Republic Bancorp, Inc. · Via Business Wire · October 27, 2021
Republic Bancorp, Inc. Reports 7% Increase in Third Quarter Net Income from Continuing Operations
Republic Bancorp, Inc. (NASDAQRBCAA), headquartered in Louisville, Kentucky, is the holding company of Republic Bank & Trust Company (the “Bank”).
By Republic Bancorp, Inc. · Via Business Wire · October 22, 2021
Republic Bank Named a Best Bank in America by Newsweek
Republic Bank & Trust Company (“Republic” or the “Bank”) has been named Best Bank in Kentucky with assets up to $10 billion in Newsweek’s annual rankings, America’s Best Banks 2022.
By Republic Bancorp, Inc. · Via Business Wire · October 15, 2021
Republic Bank & Trust Company Announces CEO Transition and Director Appointment
Republic Bank & Trust Company (“Republic” or the “Bank”) announced today that as part of a planned succession, Logan Pichel, currently President of Republic, will add the role of Chief Executive Officer of the Bank to his responsibilities on October 1, 2021. In addition, Pichel was elected to the Bank’s board, as well as the board of the Bank’s parent company, Republic Bancorp, Inc. (the “Company”), as a director on September 15, 2021.
By Republic Bancorp, Inc. · Via Business Wire · September 15, 2021
Republic Bancorp, Inc. Reports 51% Increase in Second Quarter Net Income
Republic Bancorp, Inc. (NASDAQRBCAA), headquartered in Louisville, Kentucky, is the holding company of Republic Bank & Trust Company (the “Bank”).
By Republic Bancorp, Inc. · Via Business Wire · July 23, 2021
Republic Bancorp, Inc. Declares Common Stock Dividends
Republic Bancorp, Inc. (NASDAQRBCAA), parent company of Republic Bank & Trust Company, declared a cash dividend of $0.308 per share on Class A Common Stock and $0.28 per share on Class B Common Stock, payable October 15, 2021 to shareholders of record as of September 17, 2021.
By Republic Bancorp, Inc. · Via Business Wire · July 21, 2021
Republic Bank Hires Jeff Starke as Chief Information Officer
Republic Bank & Trust Company (“Republic” or the “Bank”) announces the addition of Jeff Starke as Executive Vice President, Chief Information Officer. Starke will lead technology team members and execute information technology (“IT”) strategy to deliver stable, secure, and innovative services for Republic’s employees and customers.
By Republic Bancorp, Inc. · Via Business Wire · July 6, 2021
Republic Bank Launches True Name™ Feature with Mastercard
Republic Bank is the first community bank to launch a new feature that will help ensure an authentic banking experience for transgender and non-binary customers by enabling the use of their chosen name on their debit cards.
By Republic Bancorp, Inc. · Via Business Wire · June 1, 2021
Republic Bancorp, Inc. Declares Common Stock Dividends
Republic Bancorp, Inc. (NASDAQRBCAA), parent company of Republic Bank & Trust Company, declared a cash dividend of $0.308 per share on Class A Common Stock and $0.28 per share on Class B Common Stock, payable July 16, 2021 to shareholders of record as of June 18, 2021.
By Republic Bancorp, Inc. · Via Business Wire · May 19, 2021
Republic Bancorp, Inc. Reports First Quarter Net Income of $20.4 Million With Return on Assets of 1.30% and Return on Equity of 9.77%
Republic Bancorp, Inc. (NASDAQRBCAA), headquartered in Louisville, Kentucky, is the holding company of Republic Bank & Trust Company (the “Bank”).
By Republic Bancorp, Inc. · Via Business Wire · April 22, 2021