NASDAQ$RBCAA

Republic Bancorp Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Net income increased by 7% to $27.9 million and EPS was $1.40.

Republic Bancorp reported a 7% increase in net income for the first quarter of 2022, reaching $27.9 million, with a diluted EPS of $1.40. The company's ROA was 1.74% and ROE was 13.19%. Strong loan and deposit growth in Traditional Bank and solid performance in nontraditional business lines helped to mitigate revenue declines from PPP loans and mortgage banking.

  • Republic Bancorp's Q1 net income increased by 7% to $27.9 million.
  • Diluted EPS for Q1 2022 was reported as $1.40.
  • Traditional Bank grew its non-PPP loan portfolio by $107 million.
  • Tax Refunds Solutions segment reached $15.4 million of net income.

Headline financials

Total Revenue

$93.6M

Previous: $96.8M-3.3%
EPS (adj)

$1.40

Previous: $0.98+42.9%
ROA

1.7%

Previous: 1.3%+33.8%
ROE

13.2%

Previous: 9.8%+35.0%
Capital Expenditures

-$323K

Previous: -$1.06M+69.5%
Free Cash Flow

$27.6M

Previous: $25M+10.4%
Net Income

$27.9M

Previous: $26.1M+7.2%
Operating Income

$69.2M

Previous: $66.5M+4.1%
Gross Profit

$83.7M

Previous: $80.6M+3.9%

Revenue & EPS history

Republic Bancorp · Revenue · Quarterly

$93.6M

Q1 2022-3.3%vs Q1 2021
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Republic Bancorp · $51.3M total across 2 segments · Q2 2023

  • Traditional Banking
    $48.7M
  • Warehouse Lending
    $2.64M-32.0%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+0.2%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+2.6%

Avg return

30 days after

56%

36 / 64 earnings

Positive

+8.2%

Q3 2016

Best reaction

-8.3%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.8%+5.4%+9.4%
Q4 2025+1.9%+3.9%-3.4%
Q3 2025+4.3%+2.3%-2.2%
Q2 2025-1.3%-5.9%+7.4%
Q1 2025+1.1%+2.7%-0.7%
Q4 2024-2.4%-2.7%-4.4%
Q3 2024-1.2%+0.5%+12.5%
Q2 2024+3.2%+2.8%-3.7%
Q1 2024+1.3%+1.8%+5.2%
Q3 2023+0.9%-0.7%+4.1%
Q2 2023-3.8%-2.2%-2.6%
Q1 2023+2.4%-3.3%-0.7%
Q4 2022+3.2%+4.8%+4.8%
Q3 2022+6.2%+8.5%+6.3%
Q2 2022-8.3%-6.2%-6.9%
Q1 2022-2.9%-4.8%-5.9%
Q4 2021+0.9%+0.5%-3.7%
Q3 2021+1.1%-0.8%+2.7%
Q2 2021+2.2%+2.8%+6.4%
Q1 2021+0.3%-1.7%+2.1%
Q4 2020-0.5%+3.0%+14.9%
Q3 2020+2.2%+6.5%+15.8%
Q2 2020-3.0%-3.2%+2.6%
Q1 2020+3.1%+8.3%+0.5%
Q4 2019+2.1%+0.1%-4.1%
Q3 2019+2.9%+3.0%+6.3%
Q2 2019-7.0%-2.2%-12.3%
Q1 2019-2.9%+1.6%+3.3%
Q4 2018+0.7%+4.3%+14.2%
Q3 2018-3.5%-8.9%+3.0%
Q2 2018+1.2%+2.0%+1.3%
Q1 2018+6.9%+6.6%+12.1%
Q4 2017-0.7%-1.4%-0.5%
Q3 2017+0.2%+1.6%-1.8%
Q2 2017-2.1%-1.1%-4.3%
Q1 2017+5.5%+7.1%+0.0%
Q4 2016-1.0%-1.7%-3.5%
Q3 2016+8.2%+8.7%+24.6%
Q2 2016+0.6%+0.7%+3.6%
Q1 2016+2.0%
Q4 2015+0.9%
Q3 2015+0.8%
Q2 2015-1.3%
Q1 2015+0.7%
Q4 2014+1.3%
Q3 2014-1.4%
Q2 2014+2.1%
Q1 2014+1.8%
Q4 2013-2.7%
Q3 2013-0.3%
Q2 2013-2.0%
Q1 2013-1.2%
Q4 2012+1.0%
Q3 2012-5.1%
Q2 2012+0.8%
Q1 2012-1.9%
Q4 2011-0.4%
Q3 2011-2.6%
Q2 2011-1.6%
Q1 2011+3.6%
Q4 2010+0.1%
Q3 2010-3.4%
Q2 2010-0.1%
Q1 2010-2.1%

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