Republic Bancorp Inc. Reports 25% Increase in Q2 Net Income and 24% Rise in EPS

Reuters
18 Jul
<a href="https://laohu8.com/S/RBCAA">Republic Bancorp</a> Inc. Reports 25% Increase in <a href="https://laohu8.com/S/QTWO">Q2</a> Net Income and 24% Rise in EPS

Republic Bancorp, Inc. reported a 25% increase in net income for the second quarter of 2025, reaching $31.5 million compared to $25.2 million in the same period of 2024. Diluted Earnings per Class A Common Share rose to $1.61, an increase of 24% from $1.30 the previous year. The company achieved a return on average assets of 1.79% and a return on average equity of 11.96% for the quarter. The results were supported by increased asset yields and moderation in the cost of funds, leading to solid Core Bank Net Interest Margin expansion. Republic Credit Solutions, a division of the company, saw a 40% increase in net income, rising from $5.0 million in the second quarter of 2024 to $7.0 million in 2025. This growth was driven primarily by improvements in one of its Line-of-Credit products, which experienced a $1.9 million increase in net income. Republic Bancorp also introduced a new branding initiative, "Republic Bank. Time to Thrive.™," in June, reflecting the company's commitment to its community and clients.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Republic Bancorp Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250718073602) on July 18, 2025, and is solely responsible for the information contained therein.

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