---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001512"
form_type: "8-K"
ticker: "RBCAA"
cik: "0000921557"
company_name: "REPUBLIC BANCORP INC /KY/"
filed_at: "2023-10-20T23:59:59+00:00"
generated_at: "2026-06-09T19:27:07.726982+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Republic Bancorp Q3 net income up 8% to $21.6M; Core Bank net income down 12%

## Summary
- Diluted EPS of $1.10, up 9% YoY from $1.01.
- Core Bank net income fell to $13.2M from $15.0M; NIM shrank 11 bps to 3.43%.
- Republic Processing Group net income surged 69% to $8.4M, driven by higher TRS yields.
- Loan growth: Traditional Bank avg loans +20% YoY to $4.44B; CBank acquisition contributed $217M.
- Core Bank provision swung to $1.4M charge vs $1.1M credit in prior year.

## SEC filing metadata
- accession: 0001157523-23-001512
- form_type: 8-K
- ticker: RBCAA
- cik: 0000921557
- company_name: REPUBLIC BANCORP INC /KY/
- filed_at: 2023-10-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/921557/000115752323001512/0001157523-23-001512-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/921557/000115752323001512/a53645760.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001512
- JSON: https://secwatch.observer/filing/0001157523-23-001512.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001512.txt

## Key facts
- Earnings Releases
  REPUBLIC BANCORP INC /KY/ reported third quarter 2023 results: net income 21.6 million, EPS 1.10 per share.
  - Period: third quarter 2023
  - Net income: 21.6 million
  - EPS: 1.10 per share
  - Result: reported results
  source text: Republic Bancorp, Inc. Reports Third Quarter 2023 Net Income of $21.6 Million
  evidence_url: https://www.sec.gov/Archives/edgar/data/921557/000115752323001512/0001157523-23-001512-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.