Republic Bancorp (RBCAA) Revenue & Revenue Breakdown
Republic Bancorp Revenue Highlights
Latest Revenue (Y)
$427.52M
Latest Revenue (Q)
$116.05M
Main Segment (Y)
Core Banking Activities
Republic Bancorp Revenue by Period
Republic Bancorp Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $427.52M | 38.48% |
| 2022-12-31 | $308.73M | 2.06% |
| 2021-12-31 | $302.49M | -3.99% |
| 2020-12-31 | $315.06M | 5.57% |
| 2019-12-31 | $298.44M | 4.71% |
| 2018-12-31 | $285.00M | 12.67% |
| 2017-12-31 | $252.95M | 20.78% |
| 2016-12-31 | $209.42M | 24.59% |
| 2015-12-31 | $168.09M | 10.70% |
| 2014-12-31 | $151.84M | -3.27% |
| 2013-12-31 | $156.97M | -41.39% |
| 2012-12-31 | $267.83M | -5.85% |
| 2011-12-31 | $284.48M | 16.37% |
| 2010-12-31 | $244.47M | 7.55% |
| 2009-12-31 | $227.31M | 29.46% |
| 2008-12-31 | $175.58M | 32.74% |
| 2007-12-31 | $132.27M | 10.23% |
| 2006-12-31 | $120.00M | -2.58% |
| 2005-12-31 | $123.18M | 5.06% |
| 2004-12-31 | $117.25M | 3.58% |
| 2003-12-31 | $113.20M | 27.39% |
| 2002-12-31 | $88.86M | 12.17% |
| 2001-12-31 | $79.22M | 30.58% |
| 2000-12-31 | $60.67M | 5.14% |
| 1999-12-31 | $57.70M | -0.52% |
| 1998-12-31 | $58.00M | 121.53% |
| 1997-12-31 | $26.18M | 61.15% |
| 1996-12-31 | $16.25M | 37.82% |
| 1995-12-31 | $11.79M | 56.46% |
| 1994-12-31 | $7.53M | -11.83% |
| 1993-12-31 | $8.54M | - |
Republic Bancorp generated $427.52M in revenue during NA 2023, up 38.48% compared to the previous quarter, and up 150.01% compared to the same period a year ago.
Republic Bancorp Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $116.05M | -24.48% |
| 2024-03-31 | $153.65M | 45.55% |
| 2023-12-31 | $105.56M | 36.63% |
| 2023-09-30 | $77.26M | -6.72% |
| 2023-06-30 | $82.83M | -27.23% |
| 2023-03-31 | $113.82M | 51.63% |
| 2022-12-31 | $75.07M | 4.46% |
| 2022-09-30 | $71.86M | 6.41% |
| 2022-06-30 | $67.53M | -26.99% |
| 2022-03-31 | $92.50M | 40.75% |
| 2021-12-31 | $65.72M | -4.80% |
| 2021-09-30 | $69.03M | 7.67% |
| 2021-06-30 | $64.11M | -33.01% |
| 2021-03-31 | $95.71M | 34.31% |
| 2020-12-31 | $71.26M | -0.75% |
| 2020-09-30 | $71.79M | 2.88% |
| 2020-06-30 | $69.78M | -31.74% |
| 2020-03-31 | $102.23M | 57.31% |
| 2019-12-31 | $64.99M | -0.46% |
| 2019-09-30 | $65.28M | -3.67% |
| 2019-06-30 | $67.77M | -31.13% |
| 2019-03-31 | $98.40M | 55.80% |
| 2018-12-31 | $63.16M | -0.32% |
| 2018-09-30 | $63.36M | -1.43% |
| 2018-06-30 | $64.28M | -31.76% |
| 2018-03-31 | $94.20M | 57.27% |
| 2017-12-31 | $59.90M | 3.71% |
| 2017-09-30 | $57.75M | 5.02% |
| 2017-06-30 | $54.99M | -31.52% |
| 2017-03-31 | $80.30M | 57.27% |
| 2016-12-31 | $51.06M | 2.98% |
| 2016-09-30 | $49.58M | 9.37% |
| 2016-06-30 | $45.33M | -28.56% |
| 2016-03-31 | $63.45M | 62.04% |
| 2015-12-31 | $39.16M | 2.18% |
| 2015-09-30 | $38.32M | -3.26% |
| 2015-06-30 | $39.61M | -22.33% |
| 2015-03-31 | $51.00M | 54.25% |
| 2014-12-31 | $33.06M | -5.10% |
| 2014-09-30 | $34.84M | -3.90% |
| 2014-06-30 | $36.26M | -24.17% |
| 2014-03-31 | $47.81M | 43.89% |
| 2013-12-31 | $33.23M | -6.20% |
| 2013-09-30 | $35.42M | -8.78% |
| 2013-06-30 | $38.83M | -21.53% |
| 2013-03-31 | $49.49M | -374.77% |
| 2012-12-31 | $-18.01M | -128.40% |
| 2012-09-30 | $63.42M | 49.58% |
| 2012-06-30 | $42.40M | -76.45% |
| 2012-03-31 | $180.03M | 439.57% |
| 2011-12-31 | $33.37M | -11.36% |
| 2011-09-30 | $37.64M | -10.80% |
| 2011-06-30 | $42.20M | -75.40% |
| 2011-03-31 | $171.56M | 417.00% |
| 2010-12-31 | $33.18M | -12.40% |
| 2010-09-30 | $37.88M | -6.26% |
| 2010-06-30 | $40.41M | -70.46% |
| 2010-03-31 | $136.82M | 283.62% |
| 2009-12-31 | $35.66M | -2.22% |
| 2009-09-30 | $36.47M | -10.44% |
| 2009-06-30 | $40.72M | -63.42% |
| 2009-03-31 | $111.32M | 284.69% |
| 2008-12-31 | $28.94M | -7.43% |
| 2008-09-30 | $31.26M | -22.23% |
| 2008-06-30 | $40.20M | -46.51% |
| 2008-03-31 | $75.15M | 128.44% |
| 2007-12-31 | $32.90M | - |
Republic Bancorp generated $116.05M in revenue during Q2 2024, up -24.48% compared to the previous quarter, and up 101.95% compared to the same period a year ago.
Republic Bancorp Revenue Breakdown
Republic Bancorp Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Republic Credit Solutions | $52.09M | $42.48M | $32.56M | - | - |
| Republic Processing Group | $116.44M | $102.68M | $72.17M | $73.29M | $78.34M |
| Tax Refund Solutions | $45.65M | $60.20M | $39.61M | - | - |
| Traditional Banking | $230.40M | $203.19M | $188.74M | $186.78M | $206.63M |
| Mortgage Banking | $3.90M | $6.85M | $21.27M | $10.41M | - |
| Warehouse Lending | $9.49M | $13.78M | $25.27M | $25.98M | $15.76M |
| Core Banking Activities | $243.79M | $223.82M | $235.28M | $246.08M | $232.79M |
| Mortgage Banking Segment | - | - | - | $33.31M | - |
| Tax Refund Solutions Segment | - | - | - | $45.74M | $43.48M |
| Republic Credit Solutions Division | - | - | - | $27.55M | $34.86M |
Republic Bancorp's latest annual revenue breakdown by segment (product or service), as of Dec 23: Core Banking Activities (34.74%), Traditional Banking (32.83%), Republic Processing Group (16.59%), Republic Credit Solutions (7.42%), Tax Refund Solutions (6.50%), Warehouse Lending (1.35%), and Mortgage Banking (0.56%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tax Refund Solutions | $41.79M | - | $9.34M | $43.41M | $4.26M | $33.34M | $36.58M | $934.00K | - | - | - | - | - | - | - | - | - | - | - | - |
| Warehouse Lending | $2.27M | $4.74M | $2.65M | $2.10M | $2.33M | $4.53M | $5.84M | $6.31M | $6.34M | $6.79M | $8.26M | $7.32M | $6.08M | $4.32M | $4.63M | $4.25M | $3.97M | $2.90M | $3.57M | $4.42M |
| Republic Credit Solutions | $15.39M | $28.72M | $12.19M | $11.18M | $12.62M | $9.47M | $9.84M | $9.06M | - | - | - | - | - | - | - | - | - | - | - | - |
| Traditional Banking | $56.55M | $113.63M | $59.01M | $57.76M | $58.10M | $43.38M | $46.20M | $48.41M | $46.25M | $47.89M | $47.88M | $45.89M | $45.16M | $47.85M | $57.67M | $50.98M | $49.73M | $48.24M | $49.58M | $48.52M |
| Core Banking Activities | - | $120.39M | $62.66M | $60.74M | $61.12M | $50.80M | $55.72M | $60.31M | $56.96M | $62.30M | $64.50M | $64.31M | $60.07M | $57.21M | $65.05M | $58.57M | $56.34M | $52.83M | $54.71M | $54.56M |
| Mortgage Banking | - | $2.02M | $995.00K | $878.00K | $695.00K | $2.90M | $3.67M | $5.59M | $8.82M | $5.03M | $2.74M | $3.34M | $2.64M | $1.68M | $1.56M | $1.62M | - | - | - | - |
| Republic Processing Group | - | $40.34M | $21.52M | $54.59M | $16.89M | $42.81M | $46.41M | $10.00M | $8.44M | $34.52M | $7.76M | $8.54M | $10.89M | $46.10M | $9.00M | $9.72M | $12.73M | $46.89M | $9.69M | $9.94M |
| Republic Credit Solutions Division | - | - | - | - | - | - | - | - | $7.51M | $6.15M | $6.21M | $5.82M | $6.13M | $9.38M | $8.57M | $8.97M | $8.25M | $9.07M | $9.52M | $9.56M |
| Mortgage Banking Segment | - | - | - | - | - | - | - | - | $4.37M | $7.63M | $8.36M | $11.10M | - | - | - | - | - | - | - | - |
| Tax Refund Solutions Segment | - | - | - | - | - | - | - | - | $931.00K | $28.36M | $1.55M | $2.72M | $4.76M | $36.72M | $430.00K | $758.00K | $4.48M | $37.81M | $167.00K | $377.00K |
Republic Bancorp's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Traditional Banking (48.75%), Tax Refund Solutions (36.03%), Republic Credit Solutions (13.27%), and Warehouse Lending (1.96%).
Republic Bancorp Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| RBCAA | Republic Bancorp | $427.52M | $116.05M |
| CIVB | Civista Bancshares | $219.90M | $61.14M |
| FSBW | FS Bancorp | $187.78M | $51.86M |
| HBCP | Home Bancorp | $178.87M | $49.13M |
| FNLC | First Bancorp | $143.61M | $40.72M |
| NECB | Northeast Community Bancorp | $135.86M | $40.96M |
| FNWB | First Northwest Bancorp | $104.92M | $28.10M |
| MBCN | Middlefield Banc | $90.30M | $27.36M |
| OVLY | Oak Valley Bancorp | $87.34M | $18.76M |
| FFNW | First Financial Northwest | $80.93M | $20.02M |
| CBFV | CB Financial Services | $61.76M | $19.59M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| HMNF | HMN Financial | $43.48M | $14.79M |
| MGYR | Magyar Bancorp | $30.42M | $12.74M |
| HVBC | HV Bancorp | $25.74M | $6.58M |
| HFBL | Home Federal Bancorp, Inc. of Louisiana | $23.45M | $8.40M |
| OFED | Oconee Federal Financial | $16.61M | $3.21M |
| FCCO | First Community | $10.42M | $25.48M |
RBCAA Revenue FAQ
What is Republic Bancorp’s yearly revenue?
Republic Bancorp's yearly revenue for 2023 was $427.52M, representing an increase of 38.48% compared to 2022. The company's yearly revenue for 2022 was $308.73M, representing an increase of 2.06% compared to 2021. RBCAA's yearly revenue for 2021 was $302.49M, representing a decrease of -3.99% compared to 2020.
What is Republic Bancorp’s quarterly revenue?
Republic Bancorp's quarterly revenue for Q2 2024 was $116.05M, a -24.48% decrease from the previous quarter (Q1 2024), and a 40.10% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $153.65M, a 45.55% increase from the previous quarter (Q4 2023), and a 34.99% increase year-over-year (Q1 2023). RBCAA's quarterly revenue for Q4 2023 was $105.56M, a 36.63% increase from the previous quarter (Q3 2023), and a 40.63% increase year-over-year (Q4 2022).
What is Republic Bancorp’s revenue growth rate?
Republic Bancorp's revenue growth rate for the last 3 years (2021-2023) was 41.33%, and for the last 5 years (2019-2023) was 43.25%.
What are Republic Bancorp’s revenue streams?
Republic Bancorp's revenue streams in c 23 are Republic Credit Solutions, Republic Processing Group, Tax Refund Solutions, Traditional Banking, Mortgage Banking, Warehouse Lending, and Core Banking Activities. Republic Credit Solutions generated $52.08M in revenue, accounting 7.42% of the company's total revenue, up 22.60% year-over-year. Republic Processing Group generated $116.44M in revenue, accounting 16.59% of the company's total revenue, up 13.41% year-over-year. Tax Refund Solutions generated $45.65M in revenue, accounting 6.50% of the company's total revenue, down -24.17% year-over-year. Traditional Banking generated $230.4M in revenue, accounting 32.83% of the company's total revenue, up 13.39% year-over-year. Mortgage Banking generated $3.9M in revenue, accounting 0.56% of the company's total revenue, down -43.10% year-over-year. Warehouse Lending generated $9.49M in revenue, accounting 1.35% of the company's total revenue, down -31.12% year-over-year. Core Banking Activities generated $243.79M in revenue, accounting 34.74% of the company's total revenue, up 8.92% year-over-year.
What is Republic Bancorp’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Republic Bancorp was Core Banking Activities. This segment made a revenue of $243.79M, representing 34.74% of the company's total revenue.