Detail akcie Republic Banc online

Business Summary: Republic Bancorp, Inc. is a financial holding company of Republic Bank & Trust Company (the Bank) and Republic Insurance Services, Inc (the Captive). The Bank provides both traditional and non-traditional banking products. Its segments include Traditional Banking, Warehouse, Mortgage Banking, Tax Refund Solutions (TRS), Republic Payment Solutions (RPS), and Republic Credit Solutions (RCS). Its Traditional Banking products and services are offered through the Company's traditional RB&T brand. The Warehouse segment provides short-term, revolving credit facilities to mortgage bankers across the United States. Mortgage Banking activities primarily include fixed-term single-family, first-lien residential real estate loans. Through the TRS segment, the Bank facilitates the receipt and payment of federal and state tax refund products and offers a credit product through third-party tax preparers. The RPS segment offers a range of payments-related products and services to consumers.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Republic Bancorp Inc interest income increased 46% to $356.1M. Net interest income after loan loss provision increased 13% to $241.2M. Net income decreased 1% to $90.4M. Net interest income after loan loss provision reflects Traditional Banking segment increase of 9% to $185.8M, Republic Payment Solution segment increase from $4.8M to $15.7M, Net Interest Spread, Total -% increase of 1% to 4.07%.