---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-000379"
form_type: "8-K"
ticker: "RBCAA"
cik: "0000921557"
company_name: "REPUBLIC BANCORP INC /KY/"
filed_at: "2025-01-24T23:59:59+00:00"
generated_at: "2026-05-27T12:48:23.582552+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Republic Bancorp reports record full year net income $101.4M; Q4 EPS $0.98 vs $1.01

## Summary
- Full year net income $101.4M ($5.21 diluted EPS), up 12% YoY; Q4 net income $19.0M ($0.98 EPS), down 3% YoY.
- Core Bank net income rose 11% to $17.6M in Q4 as NIM improved to 3.64% from 3.40%; credit quality remains strong with net charge-offs 0.02%.
- RPG net income fell $2.4M to $1.4M due to higher TRS loss provision of $9.8M vs $3.9M a year ago on $139M ERA originations.
- Revised third-party marketer-servicer agreement provides loss cap guarantee for ERAs; expects $2.8M additional fee income for current tax season.
- Traditional Bank, Warehouse, and RCS all posted net income increases for 2024 of 21%, 37%, and 28% respectively.

## SEC filing metadata
- accession: 0001558370-25-000379
- form_type: 8-K
- ticker: RBCAA
- cik: 0000921557
- company_name: REPUBLIC BANCORP INC /KY/
- filed_at: 2025-01-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/921557/000155837025000379/0001558370-25-000379-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/921557/000155837025000379/rbcaa-20250124x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-000379
- JSON: https://secwatch.observer/filing/0001558370-25-000379.json
- Plain text: https://secwatch.observer/filing/0001558370-25-000379.txt

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