Republic Bancorp, Inc. (RBCAA)

51.57 +0.85 (+1.68%) At close: 04:00PM EDT

Republic Bancorp, Inc.

601 West Market Street
Louisville, KY 40202
United States
502 584 3600
https://www.republicbank.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 1,011

Key executives

Name	Title	Pay	Exercised	Year born
Mr. A. Scott Trager	Vice Chairman & President	N/A	N/A	1953
Mr. Kevin Sipes	Executive VP, CFO, Chief Accounting Officer & Treasurer	502.62k	N/A	1972
Mr. Jeffrey A. Starke	Executive VP and Chief Information & Operating Officer of Republic Bank & Trust Company	503.48k	N/A	1978
Mr. Steven E. Trager	Executive Chairman & CEO	804.35k	N/A	1961
Jim Ensign	Senior VP & Chief Brand Officer	N/A	N/A	N/A
Ms. Christy A. Ames	Secretary	N/A	N/A	1973

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Republic Bancorp, Inc. operates as a bank holding company for Republic Bank & Trust Company that provides various banking products and services in the United States. It operates in six segments: Traditional Banking, Warehouse, Mortgage Banking, Tax Refund Solutions, Republic Payment Solutions, and Republic Credit Solutions. The company offers demand, money market accounts, savings, individual retirement accounts, time, brokered, and other certificates of deposit; and retail and commercial mortgage, construction and land development, consumer, aircraft, and marine loans. It also provides credit cards; title insurance and other financial products and services; and private banking, lockbox processing, remote deposit capture, business online banking, account reconciliation, automated clearing house processing, and internet and mobile banking services. In addition, it offers short-term and revolving credit facilities to mortgage bankers through mortgage warehouse lines of credit; mortgage banking; tax refund solutions, which facilitate the receipt and payment of federal and state tax refund products through third-party tax preparers and tax-preparation software providers; payments-related products and services to consumers through third party service providers; and consumer credit products. The company offers its services through full-services banking centers in Kentucky, Indiana, Florida, Ohio, and Tennessee. Republic Bancorp, Inc. was incorporated in 1974 and is headquartered in Louisville, Kentucky.

Corporate governance

Republic Bancorp, Inc.’s ISS governance QualityScore as of 29 April 2024 is 8. The pillar scores are Audit: 9; Board: 8; Shareholder rights: 10; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.