Republic Bancorp (RBCAA) Q4 2025 earnings summary

Executive summary

• Fourth quarter 2025 net income rose 20% year-over-year to $22.8 million, with diluted EPS up 19% to $1.17 per share.

• Record annual net income for 2025, exceeding 2024 by $30 million, with growth across all five SEC reporting segments.

• Surpassed $1.0 billion in total stockholders' equity, reflecting disciplined growth and strong capital ratios.

• Achieved high client Net Promoter Score of 73 and associate engagement score of 81% in 2025.

Financial highlights

• Income before income tax for Q4 2025 was $27.6 million, up 20% year-over-year; full-year income before tax was $165.7 million, up 30%.

• Net income for Q4 2025 was $22.8 million, up from $19.0 million in Q4 2024; full-year net income was $131.3 million, up 30%.

• Return on average assets (ROA) for Q4 2025 was 1.28%; return on average equity (ROE) was 8.20%.

• Core Bank net interest income for Q4 2025 increased 11% to $63.7 million, with NIM rising to 3.87%.

• Noninterest income at Core Bank increased by $1.0 million to $10.7 million in Q4 2025.

Outlook and guidance

• Entering 2026 with strong credit quality, capital ratios, and liquidity, positioning for continued disciplined growth and operational excellence.

• Sale of St. Louis-based RBF operations expected to close in Q1 2026, with an anticipated gain of $6 million.