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Income Statement
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REPUBLIC BANCORP INC (RBCAA)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21
   10-Q8-K8-K10-Q10-Q10-K10-Q10-Q
    Interest income:  
        Interest income on loans  72.2  48.561.064.051.449.6
        Interest income on investments  4.8  2.72.11.81.81.9
       79.166.660.652.963.666.053.751.8
    Interest expense:  
        Interest on deposits  11.2  0.90.91.01.11.3
        Interest on borrowings  3.1  0.10.00.00.00.0
       14.53.42.01.10.90.71.41.5
Net interest income  64.563.158.651.862.665.352.350.3
Provision for loan losses  6.1  3.79.210.43.6-4.3
Net interest income after provision for loan losses  58.463.158.648.153.454.848.854.6
        Deposit and loan fees   3.43.4     
        Other non-interest income  19.7  30.631.036.918.021.6
Total non-interest income  19.73.43.430.631.036.918.021.6
Non-interest expenses  51.544.946.247.748.652.342.645.7
Pre-tax income before non-recurring items  26.623.526.031.035.839.424.230.6
Non-recurring items  0.1       
Pre-tax income  26.523.526.031.035.839.424.230.6
Income taxes  5.55.06.16.77.97.85.76.6
            Tax rate  20.6%21.2%23.4%21.5%22.0%19.9%23.8%21.7%
Net income  21.118.519.924.327.916.820.023.9
            Net margin  27.0%27.8%32.1%30.9%33.1%18.3%30.0%31.4%
   
Basic EPS  $1.06  $1.21$1.39$1.53$0.90$1.14
Diluted EPS  $1.06  $1.21$1.38$1.52$0.89$1.14
   
Shares outstanding (basic)  19.9  20.120.120.720.520.9
Shares outstanding (diluted)  19.9  20.220.220.820.620.9
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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