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: 5.21%
• EPS Growth: 24.51%
• 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: 2.72
• Enterprise Value/Gross Profit: 3.75
• Enterprise Value/Ebitda: 7.93
• 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 ▲(15.87% 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.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a strong market position and effective business strategies, supporting long-term financial stability.

Cash Generation

Robust cash generation enhances the company's ability to fund strategic initiatives and navigate economic fluctuations, ensuring sustainable growth.

Profitability

High profitability margins reflect efficient cost management and strong pricing power, contributing to long-term financial health and competitive advantage.

Negative Factors

Leverage

While leverage is moderate, any increase could strain financial flexibility, potentially impacting the company's ability to invest in growth opportunities.

Equity Ratio

A lower equity ratio suggests reliance on liabilities, which could pose risks if market conditions worsen, affecting long-term financial stability.

Dividend Commitment

While returning value to shareholders is positive, maintaining high dividend payouts could limit reinvestment in business growth, affecting future expansion.

Republic Bancorp Business Overview & Revenue Model

Company Description

Republic Bancorp, Inc., a financial holding company, provides various banking products and services in the United States. It operates in five segments: Traditional Banking, Warehouse, Mortgage Banking, Tax Refund Solutions, and Republic Credit Solutions. The company accepts demand, money market accounts, savings, individual retirement accounts, time, brokered, and other certificates of deposit. Its loan products include residential real estate, commercial real estate, construction and land development, home improvement and home equity, secured and unsecured personal, and aircraft loans. The company also offers credit cards; title insurance and other financial products and services; and memory banking, private banking, lockbox processing, remote deposit capture, business online banking, account reconciliation, automated clearing house processing, and internet and mobile banking services. In addition, it provides short-term and revolving credit facilities to mortgage bankers; tax refund solutions, which facilitate the receipt and payment of federal and state tax refund products through third-party tax preparers and tax-preparation software providers; and general purpose reloadable prepaid cards through third party service providers. Further, the company offers consumer credit products; and property and casualty insurance products. As of January 28, 2022, it operated 42 full-service banking centers. Republic Bancorp, Inc. was incorporated in 1974 and is headquartered in Louisville, Kentucky.

How the Company Makes Money

Republic Bancorp generates revenue primarily through interest income from loans and other financial products. The company earns money by providing various loan types, including commercial, consumer, and mortgage loans, which typically have interest rates that contribute significantly to its overall income. Additionally, Republic Bancorp collects fees from services such as account maintenance, transaction processing, and wealth management services. The bank also benefits from non-interest income sources, including service charges and fees on deposit accounts. Strategic partnerships with other financial institutions and businesses further enhance its offerings and customer reach, contributing to the growth of its revenue streams.

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	513.51M	499.79M	421.56M	316.22M	310.02M	335.01M
Gross Profit	371.91M	324.58M	306.65M	286.38M	289.55M	283.79M
EBITDA	176.13M	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	1.07B	775.08M	907.88M	934.05M	1.25B	1.01B
Total Debt	483.36M	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: Neutral
• Last Price: 69.04
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RBCAA, the sentiment is Neutral. The current price of 69.04 is above the 20-day moving average (MA) of 66.41, below the 50-day MA of 69.26, and below the 200-day MA of 69.09, indicating a neutral trend. The MACD of -0.30 indicates Negative momentum. The RSI at 57.01 is Neutral, neither overbought nor oversold. The STOCH value of 80.19 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for RBCAA.

Republic Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
QCRH	81 Outperform	$1.38B	11.47	11.80%	0.31%	-2.42%	3.83%
BY	76 Outperform	$1.29B	10.02	10.78%	1.42%	1.31%	2.02%
RBCAA	74 Outperform	$1.14B	10.07	12.35%	2.68%	5.21%	24.51%
BFC	73 Outperform	$1.19B	17.03	11.18%	4.01%	14.13%	-12.75%
DCOM	68 Neutral	$1.15B	23.02	4.23%	3.50%	-1.79%	-23.87%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CNOB	67 Neutral	$1.28B	20.62	4.40%	2.82%	15.55%	-28.10%

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.