epublic Bancorp, Inc. (the "Company") is the parent company of Republic Bank & Trust Company (the "Bank"). The Bank currently has 42 full-service banking centers and two loan production offices throughout five states: 28 banking centers in 8 Kentucky communities - Covington, Crestview Hills, Florence, Georgetown, Lexington, Louisville, Shelbyville, and Shepherdsville; three banking centers in southern Indiana – Floyds Knobs, Jeffersonville, and New Albany; seven banking centers in six Florida communities (Tampa MSA) – Largo, New Port Richey, St. Petersburg, Seminole, Tampa, and Temple Terrace; two banking centers in two Tennessee communities (Nashville MSA) – Cool Springs and Green Hills, and one loan production office in Brentwood; and two banking centers in two Ohio communities (Cincinnati MSA) – Norwood and West Chester.
Bank deposit products include savings, checking, and money market accounts; IRAs; and CDs. The company originates residential mortgage loans, home equity loans and lines, as well as commercial real estate loans, C&I loans, business loans & lines of credit, equipment leasing consumer loans, and warehouse lines of credit.
Republic offers personal and business online banking at www.republicbank.com. Personal mobile banking includes apps for iPhone, Android, iPad and Android tablets, bill pay, and mobile deposit.
Company profile
Ticker
RBCAA
Exchange
Website
CEO
Steven E. Trager
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Republic Bank & Trust Company • Republic Insurance Services, Inc. ...
IRS number
610862051
RBCAA stock data
Latest filings (excl ownership)
8-K
Regulation FD Disclosure
17 May 23
10-Q
2023 Q1
Quarterly report
5 May 23
8-K
Submission of Matters to a Vote of Security Holders
21 Apr 23
8-K
Annual Meeting of Shareholders April 2023
20 Apr 23
8-K
Results of Operations and Financial Condition
20 Apr 23
ARS
2022 FY
Annual report to shareholders
24 Mar 23
8-K
Regulation FD Disclosure
15 Mar 23
DEFA14A
Additional proxy soliciting materials
10 Mar 23
DEF 14A
Definitive proxy
10 Mar 23
10-K
2022 FY
Annual report
3 Mar 23
Latest ownership filings
4
Mark A Vogt
19 May 23
4
STOUT SUE TAMME
19 May 23
4
Michael T Rust
19 May 23
4
Vidya Ravichandran
19 May 23
4
William Kennett Oyler II
19 May 23
4
George Nichols III
19 May 23
4
William Patrick Mulloy II
19 May 23
4
ERNEST W MARSHALL JR
19 May 23
4
Timothy S. Huval
19 May 23
4
Heather V Howell
19 May 23
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 249.29 mm | 249.29 mm | 249.29 mm | 249.29 mm | 249.29 mm | 249.29 mm |
| Cash burn (monthly) | 21.47 mm | 69.02 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 49.71 mm | 159.85 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 199.57 mm | 89.43 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 9.3 | 1.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2023
77.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 89 |
| Opened positions | 3 |
| Closed positions | 9 |
| Increased positions | 33 |
| Reduced positions | 34 |
| 13F shares | Current |
|---|---|
| Total value | 185.47 bn |
| Total shares | 13.54 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Teebank Family LTD Partnership | 8.92 mm | $288.18 mm |
| Dimensional Fund Advisors | 870.09 k | $36.92 bn |
| BLK Blackrock | 797.68 k | $33.85 bn |
| Vanguard | 507.17 k | $21.52 bn |
| MS Morgan Stanley | 462.68 k | $19.63 bn |
| STT State Street | 204.88 k | $8.77 bn |
| Geode Capital Management | 184.97 k | $7.85 bn |
| Gendell Jeffrey L | 151.66 k | $6.43 bn |
| NTRS Northern Trust | 116.36 k | $4.94 bn |
| Charles Schwab Investment Management | 92.78 k | $3.94 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 17 May 23 | David P Feaster | Class A Common Stock | Grant | Acquire A | No | No | 0 | 613 | 0.00 | 5,743.4 |
| 17 May 23 | Jennifer N Green | Class A Common Stock | Grant | Acquire A | No | No | 0 | 613 | 0.00 | 1,204.471 |
| 17 May 23 | Heather V Howell | Class A Common Stock | Grant | Acquire A | No | No | 0 | 613 | 0.00 | 7,489.574 |
| 17 May 23 | Huval Timothy S. | Class A Common Stock | Grant | Acquire A | No | No | 0 | 613 | 0.00 | 1,204.471 |
| 17 May 23 | Marshall Ernest W JR | Class A Common Stock | Grant | Acquire A | No | No | 0 | 613 | 0.00 | 4,967.419 |
Press releases
Republic Bancorp, Inc. Declares Common Stock Dividends
17 May 23
Republic Bancorp, Inc. Reports First Quarter 2023 Net Income of $28.1 Million
20 Apr 23
Leaf Home™ Welcomes Accomplished Human Resources Executive Ernest Marshall to its Board of Directors
4 Apr 23
Republic Bank Continues Growth in Greater Cincinnati Area with Opening of New Banking Center in Bellevue in Campbell County
27 Mar 23
Republic Bank Completes Acquisition of CBank
15 Mar 23