Republic Bancorp, parent company of Republic Bank, has been recognized by American Banker as one of its top-performing banks with $2 billion to $10 billion in assets.
The annual ranking, developed in partnership with Capital Performance Group, evaluates banks nationwide using key performance metrics including profitability, return on equity, net interest margin and growth.
Banks recognized on this year’s list benefited from improved efficiency, strong lending performance, deposit growth and expanded net interest margins. Capital Performance Group noted that top-performing institutions demonstrated broad-based financial strength and the ability to distinguish themselves in increasingly competitive markets.
“Being acknowledged among the nation’s top-performing banks is a testament to the dedication of our associates and the trust our clients place in us every day,” Steve Trager, executive chair of Republic Bancorp, said. “This honor reflects our commitment to delivering strong financial performance while investing in our people, technology and communities to help our clients thrive.”
Logan Pichel, president and CEO of Republic Bank, added, “Recognition like this reinforces that we’re moving in the right direction, but our focus remains on what’s next. We’re not content with standing still. Every day, we’re looking for new ways to enhance the client experience, strengthen our markets and position Republic Bank for continued success.”
