Republic Bancorp (RBCAA) AI Stock Analysis

• Market Cap: $1.14B
• Dividend Yield: 2.68%
• Average Volume (3M): 25.79K
• Price to Earnings (P/E): 10.1
• Beta (1Y): 0.86
• Revenue Growth: 5.25%
• EPS Growth: 24.22%
• Country: US
• Employees: 981
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 1.52
• Shares Outstanding: 17,381,647
• 10 Day Avg. Volume: 28,488
• 30 Day Avg. Volume: 25,789
• PEG Ratio: 1.03
• Price to Book (P/B): 1.37
• Price to Sales (P/S): 2.72
• P/FCF Ratio: 9.49
• Enterprise Value/Market Cap: 1.23
• Enterprise Value/Revenue: 2.80
• Enterprise Value/Gross Profit: 4.95
• Enterprise Value/Ebitda: 8.09
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: $80.00 ▲(22.03% Upside)

Republic Bancorp's strong financial performance is the most significant factor, supported by robust revenue growth, profitability, and cash flow generation. The stock's valuation is reasonable, with a moderate P/E ratio and dividend yield. Technical analysis indicates mixed signals, with short-term weakness but long-term support. The absence of earnings call and corporate events data does not impact the overall score.

Republic Bancorp Business Overview & Revenue Model

Company Description

Republic Bancorp, Inc. (RBCAA) is a financial holding company based in the United States, primarily engaged in providing a wide range of banking and financial services through its wholly-owned subsidiary, Republic Bank & Trust Company. The company operates in the banking sector, focusing on retail banking, commercial banking, and mortgage lending. Through its extensive branch network and digital banking platforms, Republic Bancorp offers various products, including personal and business checking accounts, savings accounts, loans, mortgages, and investment services.

How the Company Makes Money

Republic Bancorp generates revenue primarily through interest income earned on loans and securities, as well as non-interest income from various fees and services. The key revenue streams include interest earned from commercial and consumer loans, mortgage origination fees, and service charges on deposit accounts. Additionally, the company benefits from its mortgage banking operations, generating revenue through the origination and sale of mortgage loans. Significant partnerships with real estate developers and other financial institutions also enhance their earnings potential. Overall, the combination of interest income from loans and diversified non-interest income sources supports the company's financial performance.

Republic Bancorp Financial Statement Overview

Summary

Republic Bancorp exhibits strong financial health across all verticals. The income statement highlights impressive revenue and profit growth, while the balance sheet reflects a stable financial structure with manageable debt levels. The cash flow statement underscores robust cash generation, supporting the company's growth and stability.

Income Statement

Republic Bancorp has demonstrated strong revenue growth with a TTM (Trailing-Twelve-Months) revenue growth rate of 73.3%, significantly higher than previous periods. The gross profit margin remains robust at 70.87%, and the net profit margin has improved to 24.27%. The EBIT and EBITDA margins have also shown improvement, indicating efficient cost management and operational effectiveness. Overall, the income statement reflects a positive growth trajectory and strong profitability.

Balance Sheet

The balance sheet of Republic Bancorp shows a moderate debt-to-equity ratio of 0.45, indicating a balanced approach to leveraging. The return on equity (ROE) is healthy at 12.23%, reflecting effective use of equity to generate profits. The equity ratio stands at 15.20%, suggesting a stable capital structure. While the debt levels have increased over the years, the company maintains a solid equity base, supporting financial stability.

Cash Flow

The cash flow statement reveals a strong free cash flow growth rate of 209.7% in the TTM period, indicating robust cash generation capabilities. The operating cash flow to net income ratio is 2.45, suggesting efficient conversion of income into cash. The free cash flow to net income ratio is high at 95.84%, reflecting strong cash flow relative to earnings. Overall, the cash flow position is solid, supporting the company's operational and strategic initiatives.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	498.58M	499.79M	421.56M	316.22M	310.02M	335.01M
Gross Profit	282.04M	324.58M	306.65M	286.38M	289.55M	283.79M
EBITDA	172.58M	142.33M	128.22M	134.90M	129.75M	116.11M
Net Income	127.51M	101.37M	90.37M	91.11M	87.61M	83.25M
Balance Sheet
Total Assets	7.01B	6.85B	6.59B	5.83B	6.09B	6.17B
Cash, Cash Equivalents and Short-Term Investments	1.33B	775.08M	907.88M	934.05M	1.25B	1.01B
Total Debt	74.52M	535.44M	513.16M	349.76M	355.64M	531.61M
Total Liabilities	5.93B	5.85B	5.68B	4.98B	5.26B	5.35B
Stockholders Equity	1.08B	992.03M	912.76M	856.61M	834.23M	823.32M
Cash Flow
Free Cash Flow	119.32M	143.19M	101.64M	151.29M	94.47M	71.85M
Operating Cash Flow	125.16M	149.00M	108.53M	154.79M	100.25M	75.43M
Investing Cash Flow	-356.04M	-181.03M	-516.95M	-254.51M	306.55M	-422.02M
Financing Cash Flow	184.82M	147.61M	411.30M	-343.56M	-135.42M	446.87M

Republic Bancorp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 65.56
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RBCAA, the sentiment is Negative. The current price of 65.56 is below the 20-day moving average (MA) of 68.28, below the 50-day MA of 71.84, and below the 200-day MA of 69.00, indicating a bearish trend. The MACD of -1.71 indicates Positive momentum. The RSI at 36.70 is Neutral, neither overbought nor oversold. The STOCH value of 24.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for RBCAA.

Republic Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
QCRH	76 Outperform	$1.29B	10.63	11.80%	0.31%	-2.42%	3.83%
RBCAA	74 Outperform	$1.14B	10.07	12.35%	2.68%	5.25%	24.22%
BFC	73 Outperform	$1.19B	17.03	11.20%	4.01%	14.13%	-12.75%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CNOB	63 Neutral	$1.21B	19.50	4.40%	3.02%	15.55%	-28.10%
DCOM	61 Neutral	$1.15B	23.02	4.23%	3.79%	-1.79%	-23.87%
BY	58 Neutral	$1.25B	9.68	10.78%	1.48%	1.46%	2.02%

Republic Bancorp Corporate Events

Republic Bancorp Reports Strong Q3 Earnings Growth

Republic Bancorp, Inc., headquartered in Louisville, Kentucky, operates as the holding company for Republic Bank & Trust Company, providing a range of banking services across several states in the U.S. The company is known for its strong focus on community banking and financial services.