Republic Bancorp Q2 net income rises 25% to $31.5 mln

Republic Bancorp

18/07/2025 13:13

Overview

Republic Bancorp Q2 net income rises 25% yr/yr to $31.5 mln

Diluted EPS for Q2 increases 24% to $1.61 per share

Core Bank segment drives growth with 13% rise in net interest income

Outlook

Company expects technology cost benefits from new call center system

Result Drivers

NET INTEREST INCOME - Core Bank net interest income rose 13% driven by increased asset yields and cost of funds moderation

LOAN CHARGE-OFFS - Continued favorably low loan charge-offs within Core Bank contributed to strong results

DIVERSIFIED EARNINGS - All five reporting segments posted strong results, supporting overall earnings growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$1.61
Q2 Net Income
$31.5 mln
Q2 ROE
1.8%


Press Release: ID:nBw3w1SVpa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)