Republic Tax Provision from 2010 to 2024

RBCAA Stock  USD 76.28  1.08  1.40%   
Republic Bancorp's Tax Provision is increasing over the years with slightly volatile fluctuation. Overall, Tax Provision is expected to go to about 25 M this year. Tax Provision is the amount set aside by Republic Bancorp to cover any estimated taxes for the current period. It reflects Republic Bancorp's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
8.1 M
Current Value
6.9 M
Quarterly Volatility
1.6 M
 
Covid
Check Republic Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Republic Bancorp's main balance sheet or income statement drivers, such as Interest Expense of 70.6 M, Total Revenue of 176.7 M or Gross Profit of 176.7 M, as well as many indicators such as Price To Sales Ratio of 5.94, Dividend Yield of 0.0183 or PTB Ratio of 1.98. Republic financial statements analysis is a perfect complement when working with Republic Bancorp Valuation or Volatility modules.
  
Check out the analysis of Republic Bancorp Correlation against competitors.
For information on how to trade Republic Stock refer to our How to Trade Republic Stock guide.

Latest Republic Bancorp's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Republic Bancorp over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Republic Bancorp's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Republic Bancorp's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Republic Tax Provision Regression Statistics

Arithmetic Mean21,320,318
Geometric Mean20,943,307
Coefficient Of Variation20.58
Mean Deviation3,506,206
Median19,387,000
Standard Deviation4,388,114
Sample Variance19.3T
Range16.3M
R-Value0.54
Mean Square Error14.7T
R-Squared0.29
Significance0.04
Slope528,291
Total Sum of Squares269.6T

Republic Tax Provision History

202425 M
202324 M
202225.7 M
202123.6 M
202019.4 M
201921.5 M
201816.4 M

About Republic Bancorp Financial Statements

Republic Bancorp stakeholders use historical fundamental indicators, such as Republic Bancorp's Tax Provision, to determine how well the company is positioned to perform in the future. Although Republic Bancorp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Republic Bancorp's assets and liabilities are reflected in the revenues and expenses on Republic Bancorp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Republic Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision24 M25 M

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 the analysis of Republic Bancorp Correlation against competitors.
For information on how to trade Republic Stock refer to our How to Trade Republic Stock guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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.