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Republic Bancorp (Republic Bancorp) Retained Earnings : $786.5 Mil (As of Dec. 2023)


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What is Republic Bancorp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Republic Bancorp's retained earnings for the quarter that ended in Dec. 2023 was $786.5 Mil.

Republic Bancorp's quarterly retained earnings increased from Jun. 2023 ($771.3 Mil) to Sep. 2023 ($777.8 Mil) and increased from Sep. 2023 ($777.8 Mil) to Dec. 2023 ($786.5 Mil).

Republic Bancorp's annual retained earnings increased from Dec. 2021 ($688.5 Mil) to Dec. 2022 ($742.3 Mil) and increased from Dec. 2022 ($742.3 Mil) to Dec. 2023 ($786.5 Mil).


Republic Bancorp Retained Earnings Historical Data

The historical data trend for Republic Bancorp's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Republic Bancorp Retained Earnings Chart

Republic Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 614.17 666.28 688.52 742.25 786.49

Republic Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 763.03 771.26 777.81 786.49 -

Republic Bancorp Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Republic Bancorp  (NAS:RBCAA) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Republic Bancorp (Republic Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
601 West Market Street, Louisville, KY, USA, 40202
Republic Bancorp Inc operates as a financial institution that provides both traditional and non-traditional banking products through five reportable segments. It has traditional banking, warehouse, mortgage banking, Tax Refund Solutions (TRS), and Republic Credit Solutions (RCS) business segments. The business activities of these segments include retail mortgage lending, commercial lending, construction and land development lending, internet lending, correspondent lending, and indirect lending and also private banking, treasury management services, internet, and mobile banking, bank acquisitions, short-term revolving credit facilities, fixed-term residential real estate loans and receipt and payment of federal and state tax refund products under the TRS division.
Executives
Juan Montano officer: EVP, Chief Mtg Banking Officer 601 W MARKET ST, LOUISVILLE KY 40202
Steven E Deweese officer: EVP, Dir of Retail Banking 601 WEST MARKET STREET, LOUISVILLE KY 40202
Christy Ames officer: EVP, General Counsel 601 W MARKET ST, LOUISVILLE KY 40202
Scott Trager director, 10 percent owner, officer: Vice Chairman 601 W MARKET ST, LOUISVILLE KY 40202
Vidya Ravichandran director 601 W MARKET ST, LOUISVILLE KY 40202
Jennifer N Green director 601 W MARKET ST, LOUISVILLE KY 40202
Timothy S. Huval director 500 W. MAIN STREET, LOUISVILLE KY 40202
Trager Trust Of 2012 10 percent owner 601 W MARKET ST, LOUISVILLE KY 40202
Steve Trager director, 10 percent owner, officer: President and CEO 601 W MARKET ST, LOUISVILLE KY 40202
Laura M Douglas director 601 W MARKET ST, LOUISVILLE KY 40202
Logan Pichel director, officer: President & CEO, Republic Bank 601 W MARKET ST, LOUISVILLE KY 40202
Jeff Starke officer: EVP, Chief Information Officer 601 W MARKET ST, LOUISVILLE KY 40202
George Iii Nichols director 601 W MARKET ST, LOUISVILLE KY 40202
Margaret S Wendler officer: EVP & Chief HR Officer 601 W MARKET ST, LOUISVILLE KY 40202
David P Feaster director 601 W MARKET ST, LOUISVILLE KY 40202

Republic Bancorp (Republic Bancorp) Headlines

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