Republic Bancorp Q4 net income rises 20% yr/yr

Overview

• U.S. bank reported Q4 net income rose 20% yr/yr to $22.8 mln

• Diluted EPS for Q4 increased 19% yr/yr

• Company to sell St. Louis-based Republic Bank Finance operations in Q1 2026

Outlook

• Republic Bancorp expects to close a transaction in Q1 2026, recording a gain of $6 mln

• Company enters 2026 with strong credit quality and capital ratios

• Republic Bancorp focuses on disciplined growth amid evolving interest rate environment

Result Drivers

• NET INTEREST MARGIN - Growth driven by disciplined loan and deposit pricing and reallocating cash into higher-yield investments

• LOAN PRODUCTION - Strong loan production in Warehouse Lending and Traditional Bank segments contributed to results

• CREDIT QUALITY - Credit quality metrics remained strong with low nonperforming and delinquent loan ratios

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the banks peer group is "buy."

• Wall Street's median 12-month price target for Republic Bancorp Inc is $78.00, about 9.2% above its January 29 closing price of $71.40

• The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nBwbzGX9a

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