---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-005337"
form_type: "8-K"
ticker: "RBCAA"
cik: "0000921557"
company_name: "REPUBLIC BANCORP INC /KY/"
filed_at: "2025-04-24T23:59:59+00:00"
generated_at: "2026-05-23T07:47:05.702888+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Republic Bancorp Q1 net income $47.3M, EPS $2.42, up 54% YoY; all segments profitable

## Summary
- Net income $47.3M, diluted EPS $2.42 vs $30.6M/$1.58 YoY; ROA 2.61%, ROE 18.74%.
- Core Bank net income up 32% to $17.4M; NIM improved to 3.70% from 3.30% YoY.
- Tax Refund Solutions net income rose 123% to $19.6M; RA outstanding rate fell to 3.8% from 6.0%.
- Noninterest income up $7.1M including $4.1M gain on Visa Class B-1 share sale and $1.6M insurance recovery.
- Core Bank recorded $5.7M in core-contract deconversion/consulting fees; projects $16M savings over 5 years.

## SEC filing metadata
- accession: 0001558370-25-005337
- form_type: 8-K
- ticker: RBCAA
- cik: 0000921557
- company_name: REPUBLIC BANCORP INC /KY/
- filed_at: 2025-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/921557/000155837025005337/0001558370-25-005337-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/921557/000155837025005337/rbcaa-20250424x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-005337
- JSON: https://secwatch.observer/filing/0001558370-25-005337.json
- Plain text: https://secwatch.observer/filing/0001558370-25-005337.txt

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