Republic Bancorp Announces Stock Repurchase Program
Ticker: RBCAA · Form: 8-K · Filed: Jan 24, 2025 · CIK: 921557
| Field | Detail |
|---|---|
| Company | Republic Bancorp Inc /Ky/ (RBCAA) |
| Form Type | 8-K |
| Filed Date | Jan 24, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: stock-repurchase, earnings
Related Tickers: RBCAA
TL;DR
RBCAA is buying back stock, signaling confidence.
AI Summary
Republic Bancorp, Inc. (RBCAA) announced on January 24, 2025, an increase in core earnings and a new stock repurchase program. The company, headquartered in Louisville, Kentucky, filed its 8-K report detailing these developments.
Why It Matters
This announcement signals management's confidence in the company's financial health and its commitment to returning value to shareholders through buybacks.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of operational results and a standard stock repurchase announcement.
Key Players & Entities
- Republic Bancorp, Inc. (company) — Registrant
- Louisville, Kentucky (location) — Company Headquarters
- January 24, 2025 (date) — Filing Date
FAQ
What is the total amount authorized for the stock repurchase program?
The filing does not specify the total dollar amount authorized for the stock repurchase program.
When does the stock repurchase program become effective?
The filing does not specify an effective date for the stock repurchase program.
What is the percentage increase in core earnings mentioned in the filing?
The filing mentions an increase in core earnings but does not specify the percentage.
What is the CIK number for Republic Bancorp, Inc.?
The CIK number for Republic Bancorp, Inc. is 0000921557.
What is the principal executive office address for Republic Bancorp, Inc.?
The principal executive office address is 601 West Market Street, Louisville, Kentucky 40202.
Filing Stats: 474 words · 2 min read · ~2 pages · Grade level 9.6 · Accepted 2025-01-24 08:00:14
Filing Documents
- rbcaa-20250124x8k.htm (8-K) — 41KB
- rbcaa-20250124xex99d1.htm (EX-99.1) — 596KB
- rbcaa-20250124xex99d2.htm (EX-99.2) — 3385KB
- rbcaa-20250124xex99d2001.jpg (GRAPHIC) — 9KB
- 0001558370-25-000379.txt ( ) — 4290KB
- rbcaa-20250124.xsd (EX-101.SCH) — 3KB
- rbcaa-20250124_lab.xml (EX-101.LAB) — 15KB
- rbcaa-20250124_pre.xml (EX-101.PRE) — 10KB
- rbcaa-20250124x8k_htm.xml (XML) — 5KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On January 24, 2025, Republic Bancorp, Inc. announced its results of operations for the quarter ended December 31, 2024. The public announcement was made by means of an earnings release, the text of which is set forth in Exhibit 99.1 hereto. A financial supplement to this earnings release is attached as Exhibit 99.2 hereto.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. 99.1 Republic Bancorp, Inc. Earnings Release dated January 24 , 2025. 99.2 Earnings Release Financial Supplement – Fourth Quarter 2024. 104 Cover Page Interactive Data File (embedded within the inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Republic Bancorp, Inc. (Registrant) Date: January 24 , 2025 By: /s/ Kevin Sipes Executive Vice President, Chief Financial Officer & Chief Accounting Officer 2