Republic Bancorp Q4 2022 net income $18.5M (+8% YoY); diluted EPS $0.94 (+9%)

REPUBLIC BANCORP INC /KY/

Net income $18.5M (+8% YoY); diluted EPS $0.94 (+9% YoY).
Core Bank net interest margin of 3.82%, up 74 bps from Q4 2021.
Traditional Banking loan growth of $404M for 2022, an all-time high.
Core Bank non-interest expense down 2% YoY; salaries and benefits down $923K.
TRS segment launched early ERA product; $3.8M provision on $98M originations in Q4.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

REPUBLIC BANCORP INC /KY/ reported fourth quarter 2022 results: net income $18.5 million, EPS $0.94 per share.

Period: fourth quarter 2022
Net income: $18.5 million
EPS: $0.94 per share
Result: reported results

Exact text from the filing

Republic Bancorp, Inc. (“Republic” or the “Company”) reported fourth quarter 2022 net income and Diluted Earnings per Class A Common Share (“Diluted EPS”) of $18.5 million and $0.94 per share

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Source: SEC EDGAR

accession 0001157523-23-000107

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