GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Republic Bancorp Inc (NAS:RBCAA) » Definitions » Equity-to-Asset

Republic Bancorp (Republic Bancorp) Equity-to-Asset

: 0.14 (As of Dec. 2023)
View and export this data going back to 1998. Start your Free Trial

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Republic Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $912.8 Mil. Republic Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $6,594.9 Mil. Therefore, Republic Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.14.

The historical rank and industry rank for Republic Bancorp's Equity-to-Asset or its related term are showing as below:

RBCAA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.14   Max: 0.15
Current: 0.14

During the past 13 years, the highest Equity to Asset Ratio of Republic Bancorp was 0.15. The lowest was 0.12. And the median was 0.14.

RBCAA's Equity-to-Asset is ranked better than
84.09% of 1471 companies
in the Banks industry
Industry Median: 0.09 vs RBCAA: 0.14

Republic Bancorp Equity-to-Asset Historical Data

The historical data trend for Republic Bancorp's Equity-to-Asset 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.13 0.14 0.15 0.14

Republic Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.15 0.15 0.14 0.14 0.14

Competitive Comparison

For the Banks - Regional subindustry, Republic Bancorp's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Republic Bancorp Equity-to-Asset Distribution

For the Banks industry and Financial Services sector, Republic Bancorp's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Republic Bancorp's Equity-to-Asset falls into.



Republic Bancorp Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Republic Bancorp's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=912.756/6594.891
=0.14

Republic Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=912.756/6594.891
=0.14

* 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.


Republic Bancorp  (NAS:RBCAA) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Republic Bancorp Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Republic Bancorp's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


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