**Republic Bancorp (NASDAQ:RBCAA) Reports Increase in Core Earnings and Announces Stock Repurchase Program**

Republic Bancorp, Inc., a Kentucky-based financial institution, disclosed a notable surge in its core earnings for the quarter ending December 31, 2024. The firm officially reported this information on January 24, 2025, through an earnings release supplemented with detailed financial data presented in Exhibit 99.2.

The financial data unveiled a rise in assets, with a net increase from $6,692,470 as of September 30, 2024, to $6,846,667 as of December 31, 2024. Cash and cash equivalents, investment securities, and loans demonstrated fluctuations, detailing the evolving financial landscape of the company.

Moreover, Republic Bancorp’s average balance sheet data shifted to portray the evolving trends within the company. Interest-earning assets, including federal funds, investment securities, and loans, were detailed alongside corresponding interest rates. The company’s total liabilities and stockholders’ equity showed a fair distribution outlining the financial stability of the institution.

The financial statements reflected a strategic overview of the company’s performance, underlining vital aspects such as total interest income, net interest income, and noninterest income. Performance ratios including return on average assets and equity, as well as efficiency ratio, offered insights into the company’s operational efficiency and profitability.

Republic Bancorp’s earnings release also touched upon key data like per share information, book value, earnings per share, and dividends declared per common share. These indicators, combined with asset and liability details, provided a comprehensive view of the financial health and performance of Republic Bancorp for interested investors and stakeholders.

Investors and financial experts are likely to closely analyze these recent financial disclosures by Republic Bancorp as they seek to comprehend the trajectory and growth prospects of the financial institution.

This information, coupled with Republic Bancorp’s announcement of a stock repurchase program, underscores the company’s commitment to enhancing shareholder value and capital structure, pointing towards a strategic approach to managing their financial position and returning value to their investors.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Republic Bancorp’s 8K filing here.

About Republic Bancorp

Republic Bancorp, Inc operates as a bank holding company for Republic Bank & Trust Company that provides various banking products and services in the United States. It operates in six segments: Traditional Banking, Warehouse, Mortgage Banking, Tax Refund Solutions, Republic Payment Solutions, and Republic Credit Solutions.