Republic Bancorp, Inc. (RBCAA) Balance Sheet
RBCAA balance sheet, 2025
December 31, 2025 · U.S. dollars$7.04B assets = $5.94B liabilities + $1.10B equity
Both columns are drawn to the same scale: what RBCAA owns equals what it owes plus shareholders’ equity. Hover a block for its value.
RBCAA financial health
Descriptive bands, not a rating. Fiscal 2025.
RBCAA balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $4.82B2016 | $7.04B2025 | +4.3%/yr | |
| Total liabilities | $4.21B2016 | $5.94B2025 | +3.9%/yr | |
| Shareholders’ equity | $604.4M2016 | $1.10B2025 | +6.9%/yr | |
| Cash & short-term investments | $770.6M2016 | $220.0M2025 | −13.0%/yr | |
| Total debt | $1.06B2016 | $626.9M2025 | −5.7%/yr | |
| Net cash (debt) | −$288.3M2016 | −$406.9M2025 | −$118.6M | |
| Working capital | $52.3M2016 | −$113.3M2025 | −$165.6M | |
| Book value per share | $28.842016 | $55.652025 | +7.6%/yr | |
| Debt / equity | 1.752016 | 0.572025 | −1.18 | |
| Shares outstanding | 21.0M2016 | 19.8M2025 | −0.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
RBCAA assets
RBCAA liabilities and equity
RBCAA debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
RBCAA balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $220.0M | $775.1M | $907.9M | $934.1M | $1.25B | $1.01B | $856.7M | $827.2M | $826.6M | $770.6M |
| Cash & equivalents | $220.0M | $432.2M | $316.6M | $313.7M | $757.0M | $485.6M | $385.3M | $351.5M | $299.4M | $289.3M |
| Short-term investments | $890.6M | $342.9M | $591.3M | $620.4M | $495.1M | $523.9M | $471.4M | $475.7M | $527.2M | $481.3M |
| Receivables | $22.3M | $92.2M | $87.5M | $10.4M | $8.5M | $10.0M | $13.9M | $15.0M | $16.6M | $13.6M |
| Inventory | $0 | $0 | $229.0M | $1.6M | −$768.6M | −$501.0M | −$399.2M | $160,000 | $115,000 | $1.4M |
| Other current assets | $0 | $0 | $0 | $0 | $768.6M | $501.0M | $399.2M | $0 | $0 | $3.44B |
| Total current assets | $242.3M | $867.3M | $995.4M | $944.4M | $1.26B | $1.02B | $870.6M | $842.2M | $840.2M | $4.22B |
| Property, plant & equipment (net) | $67.3M | $68.5M | $68.1M | $69.0M | $74.9M | $82.9M | $81.4M | $43.1M | $42.6M | $42.9M |
| Goodwill & intangible assets | $40.5M | $40.5M | $40.5M | $16.3M | $16.3M | $16.3M | $16.3M | $16.3M | $38.5M | $17.5M |
| Long-term investments | $890.6M | $595.6M | $742.9M | $707.9M | $542.0M | $5.32B | $4.94B | $4.66B | $4.04B | $3.84B |
| Other non-current assets | $5.80B | $5.27B | $4.75B | $4.10B | $4.20B | $0 | $0 | $0 | $119.8M | $0 |
| Total assets | $7.04B | $6.85B | $6.59B | $5.83B | $6.09B | $6.17B | $5.62B | $5.24B | $5.09B | $4.82B |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | $4.54B | $4.84B | $4.73B | $3.79B | $3.46B | $3.43B | $3.16B |
| Short-term debt | $355.5M | $103.3M | $97.6M | $217.0M | $291.0M | $211.0M | $167.6M | $183.0M | $204.0M | $1.02B |
| Total current liabilities | $355.5M | $5.31B | $5.15B | $4.75B | $5.13B | $4.94B | $3.95B | $3.64B | $3.64B | $4.17B |
| Long-term debt | $506.0M | $395.0M | $380.0M | $95.0M | $25.0M | $41.2M | $41.2M | $41.2M | $41.2M | $41.2M |
| Lease obligations | $32.4M | $37.1M | $35.5M | $37.8M | $39.7M | $44.3M | $36.5M | — | — | — |
| Other long-term liabilities | $5.08B | $145.8M | $151.4M | $129.1M | $103.3M | $359.6M | $861.2M | $870.1M | $774.5M | $802.5M |
| Total liabilities | $5.94B | $5.85B | $5.68B | $4.98B | $5.26B | $5.35B | $4.86B | $4.55B | $4.45B | $4.21B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $4.6M | $4.6M | $4.6M | $4.6M | $4.7M | $4.9M | $4.9M | $4.9M | $4.9M | $4.9M |
| Retained earnings (deficit) | $945.4M | $853.6M | $786.5M | $742.2M | $687.7M | $666.3M | $614.2M | $545.0M | $487.7M | $460.6M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$4.4M | −$14.2M | −$20.4M | −$32.0M | $1.9M | $8.5M | $3.1M | −$997,000 | $416,000 | $687,000 |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $1.10B | $992.0M | $912.8M | $856.6M | $834.2M | $823.3M | $764.2M | $689.9M | $632.4M | $604.4M |
| Key figures | ||||||||||
| Total debt | $626.9M | $535.4M | $513.2M | $349.8M | $355.6M | $531.6M | $995.4M | $1.03B | $982.8M | $1.06B |
| Net cash (debt) | −$406.9M | $239.6M | $394.7M | $584.3M | $896.5M | $477.8M | −$138.7M | −$207.0M | −$156.2M | −$288.3M |
| Working capital | −$113.3M | −$4.45B | −$4.16B | −$3.81B | −$3.87B | −$3.92B | −$3.08B | −$2.80B | −$2.80B | $52.3M |
| Tangible book value | $1.06B | $951.5M | $872.2M | $840.3M | $817.9M | $807.0M | $747.9M | $673.6M | $593.9M | $586.9M |
| Book value per share | $55.65 | $50.77 | $45.98 | $43.04 | $40.58 | $39.45 | $36.51 | $32.75 | $30.11 | $28.84 |
| Shares outstanding | 19.8M | 19.5M | 19.9M | 19.9M | 20.6M | 20.9M | 20.9M | 21.1M | 21.0M | 21.0M |
| Current ratio | 0.68 | 0.16 | 0.19 | 0.20 | 0.25 | 0.21 | 0.22 | 0.23 | 0.23 | 1.01 |
| Quick ratio | 0.68 | 0.16 | 0.19 | 0.20 | 0.25 | 0.21 | 0.22 | 0.23 | 0.23 | 0.19 |
| Debt / equity | 0.57 | 0.54 | 0.56 | 0.41 | 0.43 | 0.65 | 1.30 | 1.50 | 1.55 | 1.75 |
| Equity / assets | 15.7% | 14.5% | 13.8% | 14.7% | 13.7% | 13.3% | 13.6% | 13.2% | 12.4% | 12.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $354.1M | $599.1M | $220.0M | $1.07B | $979.6M | $1.17B | $775.1M | $997.8M | $881.1M | $1.13B | $907.9M | $820.9M |
| Cash & equivalents | $354.1M | $599.1M | $220.0M | $484.2M | $484.8M | $793.0M | $432.2M | $530.9M | $400.1M | $546.4M | $316.6M | $219.7M |
| Short-term investments | $710.0M | $886.6M | $890.6M | $585.2M | $494.8M | $381.8M | $342.9M | $466.9M | $481.1M | $587.8M | $591.3M | $601.2M |
| Receivables | $21.9M | $199.6M | $22.3M | $95.6M | $95.6M | $92.1M | $92.2M | $88.5M | $87.4M | $87.2M | $87.5M | $84.1M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$1.19B | −$597.6M | −$664.9M | $229.0M | −$240.0M |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.19B | $597.6M | $664.9M | $0 | $240.0M |
| Total current assets | $375.9M | $599.1M | $242.3M | $1.16B | $1.08B | $1.27B | $867.3M | $1.09B | $968.5M | $1.22B | $995.4M | $905.0M |
| Property, plant & equipment (net) | $71.3M | $102.8M | $67.3M | $70.7M | $71.0M | $67.9M | $68.5M | $68.9M | $64.9M | $66.8M | $68.1M | $69.8M |
| Goodwill & intangible assets | $40.5M | $40.5M | $40.5M | $40.5M | $40.5M | $40.5M | $40.5M | $40.5M | $40.5M | $40.5M | $40.5M | $40.5M |
| Long-term investments | $892.1M | $886.6M | $890.6M | $849.2M | $711.9M | $615.7M | $595.6M | $478.1M | $557.5M | $737.9M | $742.9M | $779.1M |
| Other non-current assets | $5.68B | $5.62B | $5.80B | $4.89B | $5.07B | $5.08B | $5.27B | $5.02B | $4.99B | $4.81B | $4.75B | $4.59B |
| Total assets | $7.06B | $7.25B | $7.04B | $7.01B | $6.97B | $7.08B | $6.85B | $6.69B | $6.62B | $6.88B | $6.59B | $6.39B |
| Liabilities | ||||||||||||
| Accounts payable | — | — | — | — | — | — | — | — | — | — | — | $4.79B |
| Short-term debt | $98.6M | $81.3M | $355.5M | $74.5M | $72.1M | $89.7M | $103.3M | $79.4M | $72.6M | $84.5M | $97.6M | $80.8M |
| Total current liabilities | $98.6M | $81.3M | $355.5M | $5.41B | $5.39B | $5.50B | $5.31B | $5.18B | $5.14B | $5.51B | $5.15B | $4.87B |
| Long-term debt | $157.0M | $366.5M | $506.0M | $375.0M | $370.0M | $370.0M | $395.0M | $370.0M | $370.0M | $270.0M | $380.0M | $465.0M |
| Lease obligations | $30.1M | $31.5M | $32.4M | $33.8M | $35.3M | $36.8M | $37.1M | $36.8M | $32.6M | $34.1M | $35.5M | $36.7M |
| Other long-term liabilities | $5.65B | $5.67B | $5.08B | $142.5M | $151.5M | $175.9M | $145.8M | $161.7M | $149.5M | $164.8M | $151.4M | $153.7M |
| Total liabilities | $5.91B | $6.12B | $5.94B | $5.93B | $5.91B | $6.04B | $5.85B | $5.71B | $5.66B | $5.94B | $5.68B | $5.49B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $4.6M | $4.6M | $4.6M | $4.6M | $4.6M | $4.6M | $4.6M | $4.6M | $4.6M | $4.6M | $4.6M | $4.6M |
| Retained earnings (deficit) | $999.0M | $976.3M | $945.4M | $932.0M | $911.3M | $889.7M | $853.6M | $842.5M | $825.5M | $808.8M | $786.5M | $777.8M |
| Accumulated other comprehensive income | −$8.2M | −$6.9M | −$4.4M | −$7.1M | −$9.6M | −$11.7M | −$14.2M | −$14.2M | −$18.8M | −$19.9M | −$20.4M | −$30.6M |
| Total shareholders' equity | $1.16B | $1.13B | $1.10B | $1.08B | $1.06B | $1.03B | $992.0M | $979.7M | $955.4M | $935.6M | $912.8M | $893.4M |
| Key figures | ||||||||||||
| Total debt | $255.7M | $479.3M | $626.9M | $483.4M | $477.4M | $496.5M | $535.4M | $486.2M | $475.2M | $388.6M | $513.2M | $582.5M |
| Net cash (debt) | $98.4M | $119.8M | −$406.9M | $586.0M | $502.1M | $678.3M | $239.6M | $511.6M | $405.9M | $745.6M | $394.7M | $238.3M |
| Working capital | $277.3M | $517.8M | −$113.3M | −$4.25B | −$4.31B | −$4.23B | −$4.45B | −$4.09B | −$4.17B | −$4.28B | −$4.16B | −$3.97B |
| Tangible book value | $1.12B | $1.09B | $1.06B | $1.04B | $1.02B | $993.6M | $951.5M | $939.2M | $914.9M | $895.1M | $872.2M | $852.9M |
| Book value per share | $58.34 | $57.16 | $55.67 | $54.80 | $53.55 | $52.23 | $50.16 | $49.64 | $48.95 | $47.98 | $46.40 | $45.63 |
| Shares outstanding | 19.8M | 19.8M | 19.8M | 19.8M | 19.8M | 19.8M | 19.8M | 19.7M | 19.5M | 19.5M | 19.7M | 19.6M |
| Current ratio | 3.81 | 7.37 | 0.68 | 0.22 | 0.20 | 0.23 | 0.16 | 0.21 | 0.19 | 0.22 | 0.19 | 0.19 |
| Quick ratio | 3.81 | 9.82 | 0.68 | 0.22 | 0.20 | 0.23 | 0.16 | 0.21 | 0.19 | 0.22 | 0.19 | 0.19 |
| Debt / equity | 0.22 | 0.42 | 0.57 | 0.45 | 0.45 | 0.48 | 0.54 | 0.50 | 0.50 | 0.42 | 0.56 | 0.65 |
| Equity / assets | 16.4% | 15.6% | 15.7% | 15.5% | 15.2% | 14.6% | 14.5% | 14.6% | 14.4% | 13.6% | 13.8% | 14.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 6, 2026); data from EODHD.
RBCAA financial position
At the end of fiscal 2025 (December 31, 2025), Republic Bancorp had total assets of $7.0 billion (up 2.9% from a year earlier), total liabilities of $5.9 billion and shareholders' equity of $1.1 billion. It held $220.0 million in cash and short-term investments against $626.9 million of debt, net debt of $406.9 million. Its current ratio was 0.68. In the latest quarter (ended June 30, 2026) total assets were $7.1 billion and equity $1.2 billion.
Related: RBCAA income statement, RBCAA cash flow statement, RBCAA key metrics. See the RBCAA stock overview for the latest quote and news.
RBCAA balance sheet FAQ
What are Republic Bancorp's total assets?
Republic Bancorp reported total assets of $7.0 billion at the end of fiscal 2025 (December 31, 2025), compared with $6.8 billion a year earlier.
How much debt does Republic Bancorp have?
Republic Bancorp had $626.9 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.57.
How much cash does Republic Bancorp have?
Republic Bancorp held $220.0 million in cash and short-term investments at the end of fiscal 2025; with $626.9 million of debt that is net debt of $406.9 million.
What is Republic Bancorp's book value?
Republic Bancorp's shareholders' equity (book value) was $1.1 billion at the end of fiscal 2025, or $55.65 per share.
What is Republic Bancorp's current ratio?
Republic Bancorp had current assets of $242.3 million and current liabilities of $355.5 million, a current ratio of 0.68 (current liabilities exceed current assets).
How much goodwill does Republic Bancorp have?
Republic Bancorp carried $40.5 million of goodwill and intangible assets, 0.6% of total assets, at the end of fiscal 2025.