Republic Bank Rises into Top 10 of Forbes’ Renowned List of America’s Best Banks

Rhea-AI Summary

Republic Bank & Trust Company has achieved the #9 position on Forbes' 2025 America's Best Banks list, marking its second consecutive year on this prestigious ranking. As the highest-ranked Kentucky-based bank in both 2024 and 2025, Republic is the only Kentucky bank to break into the top 10.

The ranking was determined through evaluation of 11 metrics measuring growth, credit quality, and profitability for the 12 months ending September 30, 2024, along with stock performance through January 10, 2025. The Bank, which serves communities across Kentucky, Florida, Indiana, Ohio, Tennessee, and Missouri, boasts a Net Promoter Score nearly triple the industry average.

This achievement follows Republic's recent recognitions by Newsweek as one of America's Best Regional Banks (2024 and 2025) and its inclusion in S&P Global Market Intelligence's Top 50 Community Banks (2024).

In its second consecutive year on the list, Republic is the highest ranked Kentucky-based bank in both 2024 and 2025, and the only one to break the top 10

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Forbes recently unveiled its much anticipated 2025 America’s Best Banks list, and Republic Bank & Trust Company ("Republic" or “the Bank") is proud to announce that it has secured the number nine position nationally.

"We’re incredibly honored to have made Forbes respected America’s Best Banks list again this year, moving into the top ten in 2025,” Republic Bank President and CEO Logan Pichel said. “This honor, along with our high Net Promoter Score that is nearly three times the banking industry average, is proof positive of our unyielding commitment to provide all of our clients banking services and security they can rely on, along with the great customer service they deserve.”

In addition to Kentucky, Republic has retail banking centers serving communities in Florida, Indiana, Ohio and Tennessee, along with a loan office in Missouri.

Forbes evaluated 11 metrics that measured growth, credit quality and profitability for the 12 months ending September 30, 2024, as well as stock performance in the 12 months through January 10, 2025, for consideration for the 2025 America’s Best Banks list. The nation’s 200 largest publicly traded banks and thrifts by assets were automatically eligible for the 2025 list.

“This recognition for Republic Bank is a testament to the strength and stability we’ve built and continue to grow since the Bank was founded more than 40 years ago. While we’re proud to be the only Kentucky-based bank in the top 10, this fosters peace of mind and confidence among our clients, associates and the communities we serve in each of our markets,” Republic Bank Executive Chair Steve Trager added.

This honor follows shortly after recognition for Republic Bank by Newsweek on its America’s Best Regional Banks list for two consecutive years (2024 and 2025) as well as a Top 50 Community Bank (2024) by S&P Global Market Intelligence.

About Republic Bank
Republic Bancorp, Inc. (the “Company”) is the parent company of Republic Bank & Trust Company (“the Bank”). The Bank currently has 47 banking centers in communities within five metropolitan statistical areas (“MSAs”) across five states: 22 banking centers located within the Louisville MSA in Louisville, Prospect, Shelbyville, and Shepherdsville in Kentucky, and Floyds Knobs, Jeffersonville, and New Albany in Indiana; six banking centers within the Lexington MSA in Georgetown and Lexington in Kentucky; eight banking centers within the Cincinnati MSA in Cincinnati and West Chester in Ohio, and Bellevue, Covington, Crestview Hills, and Florence in Kentucky; seven banking centers within the Tampa MSA in Largo, New Port Richey, St. Petersburg, Seminole, and Tampa in Florida; and four banking centers within the Nashville MSA in Franklin, Murfreesboro, Nashville and Spring Hill, Tennessee. In addition, Republic Bank Finance has one loan production office in St. Louis, Missouri. The Bank offers internet banking at www.republicbank.com. The Company is headquartered in Louisville, Kentucky, and as of December 31, 2024, had approximately $6.8 billion in assets. The Company’s Class A Common Stock is listed under the symbol “RBCAA” on the NASDAQ Global Select Market.

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Media Contact

Courtney Eder, Senior Vice President, Chief Marketing Officer

(502) 584-3600

Source: Republic Bancorp, Inc.

FAQ

What ranking did RBCAA achieve in Forbes' 2025 America's Best Banks list?

Republic Bank (RBCAA) secured the #9 position on Forbes' 2025 America's Best Banks list, making it the highest-ranked Kentucky-based bank.

How did Forbes evaluate banks for its 2025 America's Best Banks ranking?

Forbes evaluated 11 metrics measuring growth, credit quality, and profitability for the 12 months ending September 30, 2024, plus stock performance through January 10, 2025. The 200 largest publicly traded banks by assets were eligible.

What recent awards has RBCAA received besides the Forbes ranking?

RBCAA was recognized by Newsweek as one of America's Best Regional Banks in 2024 and 2025, and was named a Top 50 Community Bank by S&P Global Market Intelligence in 2024.

In which states does RBCAA currently operate?

RBCAA operates retail banking centers in Kentucky, Florida, Indiana, Ohio, and Tennessee, with an additional loan office in Missouri.

How does RBCAA's Net Promoter Score compare to the industry average?

According to the press release, Republic Bank's Net Promoter Score is nearly three times higher than the banking industry average.