Republic Gross Profit vs Total Operating Expenses Analysis

RBCAA Stock  USD 77.62  1.61  2.12%   
Republic Bancorp financial indicator trend analysis is much more than just breaking down Republic Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Republic Bancorp is a good investment. Please check the relationship between Republic Bancorp Gross Profit and its Total Operating Expenses accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Republic Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Republic Stock refer to our How to Trade Republic Stock guide.

Gross Profit vs Total Operating Expenses

Gross Profit vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Republic Bancorp Gross Profit account and Total Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Republic Bancorp's Gross Profit and Total Operating Expenses is -0.18. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Republic Bancorp, assuming nothing else is changed. The correlation between historical values of Republic Bancorp's Gross Profit and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Republic Bancorp are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Gross Profit i.e., Republic Bancorp's Gross Profit and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Republic Bancorp minus its cost of goods sold. It is profit before Republic Bancorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Republic Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Republic Bancorp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Republic Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Republic Stock refer to our How to Trade Republic Stock guide.At present, Republic Bancorp's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.42, whereas Selling General Administrative is forecasted to decline to about 70.5 M.
 2021 2022 2023 2024 (projected)
Total Revenue302.5M308.7M310.9M176.7M
Interest Expense5.7M7.5M67.3M70.6M

Republic Bancorp fundamental ratios Correlations

0.010.320.090.83-0.340.220.260.220.810.130.250.860.80.70.15-0.440.940.010.650.010.480.790.67-0.11-0.39
0.010.350.41-0.060.870.340.54-0.070.390.350.44-0.28-0.16-0.23-0.050.41-0.170.070.530.750.59-0.25-0.3-0.280.35
0.320.35-0.040.110.160.480.19-0.320.29-0.1-0.040.250.070.29-0.29-0.220.33-0.350.110.350.220.15-0.01-0.39-0.31
0.090.41-0.04-0.020.20.260.12-0.10.160.170.95-0.06-0.050.0-0.12-0.050.09-0.150.110.370.160.03-0.17-0.170.07
0.83-0.060.11-0.02-0.35-0.120.540.580.660.350.170.750.990.590.51-0.450.780.370.71-0.060.590.930.880.23-0.17
-0.340.870.160.2-0.350.180.3-0.070.080.380.17-0.58-0.43-0.66-0.070.6-0.520.070.270.650.32-0.5-0.49-0.150.61
0.220.340.480.26-0.120.180.17-0.760.51-0.230.330.04-0.210.17-0.850.320.31-0.790.080.530.38-0.2-0.42-0.95-0.39
0.260.540.190.120.540.30.170.210.540.330.290.090.440.20.240.190.230.290.710.520.920.350.26-0.110.04
0.22-0.07-0.32-0.10.58-0.07-0.760.210.00.71-0.060.170.64-0.030.93-0.380.060.860.39-0.20.10.560.710.870.55
0.810.390.290.160.660.080.510.540.00.20.360.530.560.45-0.080.110.75-0.070.850.40.810.460.31-0.44-0.24
0.130.35-0.10.170.350.38-0.230.330.710.20.21-0.210.36-0.30.550.01-0.020.560.470.460.320.280.280.460.81
0.250.44-0.040.950.170.170.330.29-0.060.360.210.040.120.11-0.10.030.26-0.170.290.430.370.16-0.08-0.24-0.01
0.86-0.280.25-0.060.75-0.580.040.090.170.53-0.210.040.760.760.13-0.650.83-0.010.36-0.430.230.760.76-0.02-0.6
0.8-0.160.07-0.050.99-0.43-0.210.440.640.560.360.120.760.570.56-0.530.750.410.62-0.160.480.950.930.33-0.14
0.7-0.230.290.00.59-0.660.170.2-0.030.45-0.30.110.760.570.03-0.530.77-0.040.26-0.190.260.570.5-0.16-0.74
0.15-0.05-0.29-0.120.51-0.07-0.850.240.93-0.080.55-0.10.130.560.03-0.360.010.910.38-0.190.070.520.640.90.45
-0.440.41-0.22-0.05-0.450.60.320.19-0.380.110.010.03-0.65-0.53-0.53-0.36-0.4-0.190.140.480.27-0.63-0.68-0.430.25
0.94-0.170.330.090.78-0.520.310.230.060.75-0.020.260.830.750.770.01-0.4-0.140.5-0.010.420.790.58-0.23-0.56
0.010.07-0.35-0.150.370.07-0.790.290.86-0.070.56-0.17-0.010.41-0.040.91-0.19-0.140.41-0.130.140.290.510.810.53
0.650.530.110.110.710.270.080.710.390.850.470.290.360.620.260.380.140.50.410.420.860.490.42-0.020.11
0.010.750.350.37-0.060.650.530.52-0.20.40.460.43-0.43-0.16-0.19-0.190.48-0.01-0.130.420.56-0.16-0.4-0.40.33
0.480.590.220.160.590.320.380.920.10.810.320.370.230.480.260.070.270.420.140.860.560.350.24-0.32-0.04
0.79-0.250.150.030.93-0.5-0.20.350.560.460.280.160.760.950.570.52-0.630.790.290.49-0.160.350.880.33-0.22
0.67-0.3-0.01-0.170.88-0.49-0.420.260.710.310.28-0.080.760.930.50.64-0.680.580.510.42-0.40.240.880.52-0.09
-0.11-0.28-0.39-0.170.23-0.15-0.95-0.110.87-0.440.46-0.24-0.020.33-0.160.9-0.43-0.230.81-0.02-0.4-0.320.330.520.52
-0.390.35-0.310.07-0.170.61-0.390.040.55-0.240.81-0.01-0.6-0.14-0.740.450.25-0.560.530.110.33-0.04-0.22-0.090.52
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Republic Bancorp Account Relationship Matchups

Republic Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.6B6.2B6.1B5.8B6.6B3.6B
Short Long Term Debt Total827.8M320.6M64.7M132.8M513.2M528.0M
Other Current Liab4.8B(6.1M)2.0B(75.3M)(214.2M)(203.5M)
Total Current Liabilities236.9M255.4M330.6M378.3M218.3M207.4M
Total Stockholder Equity764.2M823.3M834.2M856.6M912.8M958.4M
Net Debt442.5M(165.0M)(692.3M)(180.9M)196.6M191.0M
Other Assets4.1B4.5B4.2B4.8B(1.6B)(1.5B)
Common Stock Shares Outstanding20.9M20.9M20.6M19.9M19.9M22.4M
Liabilities And Stockholders Equity5.6B6.2B6.1B5.8B6.6B3.6B
Non Current Liabilities Total827.8M320.6M64.7M2.7B5.7B6.0B
Other Stockholder Equity142.1M143.6M140.0M141.7M142.1M103.6M
Total Liab827.8M320.6M64.7M5.0B5.7B6.0B
Short Term Debt236.9M255.4M330.6M303.0M214.2M265.7M
Property Plant And Equipment Net81.4M82.9M74.9M69.0M68.1M43.1M
Retained Earnings614.2M666.3M687.7M742.3M786.5M825.8M
Cash385.3M485.6M757.0M313.7M316.6M285.4M
Non Current Assets Total634.8M679.4M633.2M87.3M6.9B7.3B
Non Currrent Assets Other(634.8M)(679.4M)(633.2M)(705.8M)(851.5M)(809.0M)
Cash And Short Term Investments856.7M1.0B1.3B985.5M922.9M524.1M
Net Receivables14.0M10.0M8.5M10.4M87.5M91.9M
Common Stock Total Equity4.9M4.9M4.7M4.6M5.3M5.0M
Total Current Assets870.7M1.0B1.3B934.9M1.2B2.0B
Accumulated Other Comprehensive Income3.1M8.5M1.9M(32.0M)(20.4M)(19.4M)
Common Stock4.9M4.9M4.7M4.6M4.6M5.0M
Accounts Payable3.8B4.7B4.8B4.5B5.2B5.5B
Other Liab71.6M80.2M63.3M82.9M95.3M100.1M
Inventory(399.2M)(501.0M)(768.6M)1.6M229.0M240.5M
Property Plant Equipment45.5M42.0M74.9M33.6M38.6M42.0M
Other Current Assets399.2M501.0M768.6M328.8M317.9M302.0M
Short Term Investments471.4M523.9M495.1M620.4M772.1M568.1M
Net Tangible Assets748.2M807.0M817.9M840.3M966.4M706.5M
Retained Earnings Total Equity614.2M666.3M687.7M742.3M853.6M564.5M
Capital Surpluse142.1M143.6M140.0M141.7M162.9M151.7M
Long Term Investments4.9B5.3B542.0M707.9M742.9M705.8M
Non Current Liabilities Other4.8B5.3B5.3B5.0B5.7B4.1B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Republic Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Republic Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Republic Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Republic Bancorp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Republic Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Republic Stock refer to our How to Trade Republic Stock guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Republic Bancorp. If investors know Republic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Republic Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.233
Dividend Share
1.595
Earnings Share
5.26
Revenue Per Share
16.529
Quarterly Revenue Growth
0.093
The market value of Republic Bancorp is measured differently than its book value, which is the value of Republic that is recorded on the company's balance sheet. Investors also form their own opinion of Republic Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Republic Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Republic Bancorp's market value can be influenced by many factors that don't directly affect Republic Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Republic Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Republic Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Republic Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.