---
title: "Republic Bancorp 2025 10-K: $417.5M Revenue, $6.72 EPS"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278136701.md"
description: "Republic Bancorp reported a total net revenue of $417.5 million for 2025, with a diluted EPS of $6.72, reflecting a 30% increase in net income to $131.3 million. Key drivers included net interest income of $334.7 million and an expanded net interest margin of 5.05%. The company also noted a 14% rise in noninterest income, supported by a gain from Visa shares. Strategic actions included core system conversions and increased operational investments, with a divestiture of RBF planned for 2026."
datetime: "2026-03-06T16:15:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278136701.md)
  - [en](https://longbridge.com/en/news/278136701.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278136701.md)
---

# Republic Bancorp 2025 10-K: $417.5M Revenue, $6.72 EPS

Republic reported total net revenue of $417.5 million for the year, driven by net interest income of $334.7 million as net interest margin expanded to 5.05%, and delivered diluted EPS of $6.72. Net income rose 30% year-over-year to $131.3 million, supported by higher noninterest income and a lower provision for expected credit loss. The results reflect both core banking margin improvement and one-time items such as a gain on the sale of Visa shares.

**Financial Highlights**

-   **Net interest income:** $334.7 million; net interest margin (NIM) expanded to 5.05% (2025 vs 4.85% in 2024).
-   **Total noninterest income:** $82.8 million, up 14% year-over-year (including gain on Visa sale and higher transaction/mortgage fees).
-   **Total net revenue:** $417.5 million (net interest income plus noninterest income).
-   **Provision for expected credit loss expense:** $31.6 million, down from $54.4 million year-over-year.
-   **Income before income tax expense (operating income measure used by CODM):** $165.7 million, up 30% year-over-year.
-   **Net income:** $131.3 million, up 30% year-over-year.
-   **Diluted earnings per share:** $6.72, up 29% year-over-year.

**Business Highlights**

-   **Revenue & profit drivers:** Core bank growth was supported by longer-duration securities positioning and increased loan pricing late in the year, contributing to margin expansion and higher net interest income.
-   **Channel and product mix:** Shift toward core bank lending and securities; warehouse lines of credit usage increased to 53%.
-   **RPG operational dynamics:** TRS and RCS businesses experienced provision volatility—TRS provisions declined due to improved Treasury payments and contract non-renewal, while RCS emphasized management of LOC-related risk.
-   **Strategic actions and portfolio moves:** Executed core system conversion initiatives and recorded one-time gains from the sale of Visa shares; initiated divestiture of RBF, reclassifying assets to held-for-sale with an expected sale in 2026.
-   **Operational investments and outlook:** Increased spending on technology and staffing for security, call center, and core conversion with anticipated multi-year cost savings from the new core contract.

Original SEC Filing: REPUBLIC BANCORP INC /KY/ \[ RBCAA \] - 10-K - Mar. 06, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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