Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Interest36¢$18.6M
- Income tax16¢$8.5M
- Profit48¢$25.2M
Out of $14.6M in revenue.3
Where each dollar of operating cash went, fiscal 2021
- Capital spending15¢$12.7M
- Kept or used elsewhere85¢$69.9M
Out of $82.6M of cash from operations.3
Financial statements
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenue | $3.0M4 | $4.1M5 | $5.7M6 | $7.8M3 | $11.2M3 | $14.6M3 | |
| Interest | $5.4M7 | $6.9M4 | $8.8M5 | $16.2M6 | $27.1M3 | $23.1M3 | $18.6M3 |
| Income before tax | $33.7M3 | ||||||
| Income tax | -$26.0K7 | -$119.0K4 | -$2.9M5 | $1.6M6 | -$1.4M3 | $1.4M3 | $8.5M3 |
| Net income | $2.4M7 | $4.9M4 | $8.9M5 | $8.6M6 | -$3.5M3 | $5.1M3 | $25.2M3 |
| Earnings per share | $0.067 | $0.134 | $0.165 | $0.156 | -$0.063 | $0.073 | $0.373 |
| Earnings per share (diluted) | $0.067 | $0.124 | $0.155 | $0.156 | -$0.063 | $0.073 | $0.333 |
| Shares (weighted, basic) | 58.9M shares3 | ||||||
| Shares (weighted, diluted) | 76.0M shares3 |
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash | $27.1M10 | $34.6M10 | |||||
| Property, plant and equipment | $127.4M3 | ||||||
| Total assets | $1.4B10 | $1.9B7 | $2.3B4 | $2.8B5 | $3.3B6 | $5.1B3 | $5.6B3 |
| Total liabilities | $1.3B10 | $1.7B7 | $2.1B4 | $2.5B5 | $3.1B6 | $4.8B3 | $5.3B3 |
| Retained earnings | $13.6M3 | ||||||
| Shareholders’ equity | $113.4M4 | $215.1M5 | $226.5M6 | $245.2M3 | $249.2M3 | $308.1M3 | $324.2M3 |
| Shares outstanding | 37.8M shares10 | 56.8M shares7 | 57.0M shares4 | 58.8M shares5 | 58.8M shares6 | 58.9M shares3 | 58.9M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $4.6M7 | $5.3M4 | -$984.0K5 | $39.6M6 | $19.3M3 | -$10.7M3 | $82.6M3 |
| Depreciation and amortization | $8.4M3 | ||||||
| Stock-based compensation | $2.1M3 | ||||||
| Capital spending | $14.2M7 | $14.3M4 | $22.5M5 | $18.2M6 | $35.8M3 | $14.4M3 | $12.7M3 |
| Free cash flow | -$9.6M | -$9.0M | -$23.5M | $21.5M | -$16.4M | -$25.1M | $69.9M |
| Cash from investing | -$1.3B3 | ||||||
| Cash from financing | $540.3M3 |
Corporate structure
REPUBLIC FIRST BANCORP INC sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of REPUBLIC FIRST BANCORP INC
- BlackRock Filed SC 13G/A on REPUBLIC FIRST BANCORP INC, latest Mar 7, 2024 (6 filings since Jan 25, 2022)
- George E. Norcross Iii. Filed SC 13D/A on REPUBLIC FIRST BANCORP INC, latest Mar 1, 2024 (46 filings since Jan 31, 2022)
- CAMDEN ASSET MANAGEMENT L P /CA Filed SC 13G/A on REPUBLIC FIRST BANCORP INC, latest Jul 6, 2023
- Vernon W. Hill Ii. Filed SC 13D/A on REPUBLIC FIRST BANCORP INC, latest Apr 18, 2022
- Luxor Capital Group, LP Filed SC 13G/A on REPUBLIC FIRST BANCORP INC, latest Feb 14, 2022
- M3 PARTNERS LP Filed SC 13G/A on REPUBLIC FIRST BANCORP INC, latest Feb 14, 2022
- Bay Pond Partners, L.P. Filed SC 13G/A on REPUBLIC FIRST BANCORP INC, latest Feb 4, 2022
- REPUBLIC FIRST BANCORP INC Philadelphia, Pennsylvania
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What REPUBLIC FIRST BANCORP INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $176.6M3 Dec 31, 2021 | $164.4M3 Dec 31, 2020 | +7.4% |
| Accumulated depreciation | $49.1M3 Dec 31, 2021 | $41.2M3 Dec 31, 2020 | +19.1% |
| Property and equipment, net | $127.4M3 Dec 31, 2021 | $123.2M3 Dec 31, 2020 | +3.5% |
| Operating-lease assets (leased space) | $75.6M3 Dec 31, 2021 | $72.9M3 Dec 31, 2020 | +3.7% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Debt securities available for sale | $1.1B3 Dec 31, 2021 | $528.5M3 Dec 31, 2020 | +103.5% |
| Debt securities held to maturity | $1.7B3 Dec 31, 2021 | $814.9M3 Dec 31, 2020 | +103.7% |
| Equity securities at fair value | $9.2M3 Dec 31, 2021 | $9.0M3 Dec 31, 2020 | +1.5% |
| Loans, net of allowance | $2.5B3 Dec 31, 2021 | $2.6B3 Dec 31, 2020 | −5.5% |
| Deposits held (banks) | $5.2B3 Dec 31, 2021 | $4.0B3 Dec 31, 2020 | +29.3% |
Leadership
Who has led REPUBLIC FIRST BANCORP INC, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerThomas X. Geisel Dec 27, 2022 to Jan 4, 202411
- Chief executive officerHarry Madonna Oct 26, 2006 to Sep 29, 202012
- ChairHarry Madonna Oct 24, 2007 to Feb 22, 201913
- PresidentThomas X. Geisel Dec 27, 2022 to Jan 4, 202411
- PresidentAndrew J. Logue Jun 28, 2010 to Feb 28, 201914
- PresidentLouis J. Decesare Jr. Jan 4, 2007 to Feb 22, 200815
- PresidentHarry Madonna Oct 26, 2006 to May 22, 202312
- Chief financial officerJonathan D. Hill Dec 7, 2022 to Dec 7, 202216
- Chief financial officerFrank A. Cavallaro Sep 9, 2009 to Mar 24, 202217
- Chief financial officerEdward J. Ryan Nov 21, 2008 to Mar 3, 200918
- Chief financial officerPaul Frenkiel Oct 19, 2006 to Jan 12, 200719
- Chief operating officerAndrew J. Logue Jun 28, 2010 to Mar 24, 202214
Board members and other officers (25)
- SVP/Chief Accounting OfficerMichael Laplante Jan 26, 2023 to Jan 4, 202420
- Chief Operations OfficerAndrew J. Logue Mar 26, 2010 to Mar 26, 201021
- Chief Credit OfficerJay M. Neilon Mar 26, 2010 to Jan 4, 202422
- Chief Retail OfficerRhonda S. Costello Mar 26, 2010 to Feb 25, 201623
- EVP & Chief Credit OfficerCarol Hunter Mar 20, 2008 to Mar 3, 200924
- EXECUTIVE VICE PRESIDENTNeena M. Miller Mar 29, 2007 to May 11, 200725
- Senior Vice PresidentRandall J. McGarry Feb 7, 2006 to Jan 12, 200726
- Executive Vice PresidentLouis J. Decesare Jr. Feb 17, 2006 to Oct 19, 200627
- Executive VPPaul Verdi Jr. Oct 19, 2006 to Jul 11, 200728
- Board memberPeter B. Bartholow Oct 21, 2022 to Jan 4, 202429
- Board memberBenjamin Duster Dec 6, 2022 to Jan 5, 202430
- Board memberThomas X. Geisel Dec 27, 2022 to Jan 4, 202411
- Board memberLisa R. Jacobs Mar 21, 2017 to Jan 4, 202431
- Board memberTheodore J. Flocco Jr. Jun 20, 2008 to Mar 24, 202232
- Board memberRandall J. McGarry Jan 4, 2007 to Jan 12, 200733
- Board memberBarry Spevak Feb 23, 2006 to Mar 24, 202234
- Board memberHarris Wildstein Feb 23, 2006 to Jan 4, 202435
- Board memberLyle Hall Jr. Feb 23, 2006 to Feb 9, 201036
- Board memberRobert J. Coleman Feb 23, 2006 to Feb 25, 201637
- Board memberRodin Neal Feb 23, 2006 to Mar 24, 201138
- Board memberSteven J. Shotz Feb 23, 2006 to Aug 6, 200739
- Board memberWilliam W. Batoff Feb 23, 2006 to Jun 28, 201040
- Board memberLouis J. Decesare Jr. Oct 19, 2006 to Feb 22, 200841
- Board memberHarry Madonna Oct 26, 2006 to Jan 4, 202412
- General counselBrian F. Doran Jan 4, 2024 to Jan 4, 202442
Former names
Timeline
- Sep 5, 20248-K Bankruptcy or receivership; Debt or obligation accelerated; Executive or director change43
- Apr 29, 20248-K Bankruptcy or receivership; Executive or director change; Bylaws or fiscal year changed44
- Feb 29, 20248-K Ended a material agreement; Regulation FD disclosure45
- Feb 27, 20248-K Change of auditor46
- Jan 26, 20248-K Other events47
- Nov 30, 20238-K Entered a material agreement; Other events48
- Nov 2, 20238-K Entered a material agreement; Unregistered sale of shares49
- Oct 30, 20238-K Other events50
- Sep 28, 20238-K Other events51
- Sep 22, 20238-K Other events52
- Aug 23, 20238-K Other events53
- Aug 22, 20238-K Listing notice or transfer54
- Dec 27, 2022New chief executive Thomas X. Geisel becomes CEO11
- Oct 26, 2006New chief executive Harry Madonna becomes CEO12
Calendar
When it reported results
- May 1, 2023Reported quarterly or annual results55
- Oct 24, 2022Reported quarterly or annual results56
- Jan 25, 2022Reported quarterly or annual results57
- Oct 28, 2021Reported quarterly or annual results58
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
343 filings to the SEC since October 2021: 1 annual reports, 4 quarterly reports, 71 major events, 60 insider forms, 57 large holders, 150 other. The latest 20:
- Sep 5, 20248-K EDGAR
- Apr 29, 202415-12G EDGAR
- Apr 29, 20248-K EDGAR
- Mar 7, 2024SC 13G/A EDGAR
- Mar 1, 2024SC 13D/A EDGAR
- Feb 29, 20248-K EDGAR
- Feb 28, 2024SC 13D/A EDGAR
- Feb 27, 20248-K EDGAR
- Jan 31, 2024SC 13G/A EDGAR
- Jan 26, 20248-K EDGAR
- Jan 26, 2024PRE 14A EDGAR
- Jan 5, 20244 EDGAR
- Jan 4, 20244 EDGAR
- Jan 4, 20244 EDGAR
- Jan 4, 20244 EDGAR
- Jan 4, 20244 EDGAR
- Jan 4, 20244 EDGAR
- Jan 4, 20244 EDGAR
- Jan 4, 20244 EDGAR
- Jan 4, 20244 EDGAR
The 343 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
8 open-market trades by officers, directors and large owners since October 2021: 1 buys and 7 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Dec 13, 2022 | Duster BenjaminDirector | Buy | 100 | $3.00 | $300 | Form 4 |
| Dec 13, 2022 | MADONNA HARRYDirector | Sale | 100 | $3.00 | $300 | Form 4 |
| Mar 7, 2022 | Logue Andrew JChief Operating Officer | Sale | 2,731 | $5.06 | $13.8K | Form 4 |
| Mar 7, 2022 | Neilon Jay MChief Credit Officer | Sale | 3,375 | $5.06 | $17.1K | Form 4 |
| Feb 7, 2022 | Neilon Jay MChief Credit Officer | Sale | 15,000 | $4.97 | $74.5K | Form 4 |
| Feb 4, 2022 | Flocco Theodore J JRDirector | Sale | 5,000 | $5.03 | $25.1K | Form 4 |
| Feb 4, 2022 | Spevak BarryDirector | Sale | 5,000 | $5.14 | $25.7K | Form 4 |
| Feb 1, 2022 | Young TracieChief Risk Management Officer | Sale | 3,500 | $5.04 | $17.6K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- BlackRockSC 13G/A, 6 filings Jan 25, 2022 to Mar 7, 202459
- George E. Norcross Iii.SC 13D/A, 46 filings Jan 31, 2022 to Mar 1, 202460
- CAMDEN ASSET MANAGEMENT L P /CASC 13G/A, 1 filing Jul 6, 202361
- Vernon W. Hill Ii.SC 13D/A, 1 filing Apr 18, 202262
- Luxor Capital Group, LPSC 13G/A, 1 filing Feb 14, 202263
- M3 PARTNERS LPSC 13G/A, 1 filing Feb 14, 202264
- Bay Pond Partners, L.P.SC 13G/A, 1 filing Feb 4, 202265
SEC filer profile
How REPUBLIC FIRST BANCORP INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARREPUBLIC FIRST BANCORP INC1
- CIK0000834285
- Employer ID (EIN)23-24868151
- Filer statusAccelerated filer<br>smaller reporting company1
- Incorporated inPennsylvania1
- Fiscal year endsDecember 311
- Industry code (SIC)6022 State Commercial Banks1
- SEC reviewing officeOffice of Finance, Division of Corporation Finance1
- Business addressTwo Liberty Place, 50 S. 16Th Street Suite 2400, Philadelphia, PA 191021
- Phone215-735-44221
- Shares outstanding63,863,592 as of Mar 13, 20239
- Public float$212.5M as of Jun 30, 20213
- On EDGAR sinceDec 7, 19951
- Filings1,270 in all: 4 (495), 8-K (223), DFAN14A (76), 10-Q (70), DEFA14A (51), SC 13D/A (50), SC 13G/A (47), 3 (30)1
All 59 form types
DEF 14A (24), SC 13G (24), UPLOAD (22), CORRESP (21), 10-K (20), 10QSB (12), 4/A (11), 8-K/A (6), S-1/A (5), 10-K405 (4), 3/A (4), EFFECT (4), S-8 (4), 10KSB (3), 424B5 (3), 425 (3), PRE 14A (3), PREC14A (3), PRER14C (3), PRRN14A (3), S-3 (3), S-4/A (3), SC 13D (3), 10-Q/A (2), 10KSB/A (2), 10QSB/A (2), 5 (2), FWP (2), NT 10-K (2), NT 10-Q (2), PRE 14C (2), PREN14A (2), 10-C (1), 10-K/A (1), 10-K405/A (1), 144 (1), 15-12G (1), 25-NSE (1), 424B1 (1), 424B3 (1), 424B4 (1), ARS (1), D (1), DEF 14C (1), DEFC14A (1), PRER14A (1), S-1 (1), S-3/A (1), S-4 (1), SB-2 (1), SB-2/A (1)
- Latest filingsAnnual report (10-K) Oct 26, 2022
Quarterly report (10-Q) Mar 15, 2023
Proxy statement (DEF 14A) Mar 23, 2021
Latest 8-K (8-K) Sep 5, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13SEC EDGARHarry Madonna, Chair
- 14SEC EDGARAndrew J. Logue, President
- 15SEC EDGARLouis J. Decesare Jr., President
- 16
- 17
- 18
- 19
- 20
- 21
- 22SEC EDGARJay M. Neilon, Chief Credit Officer
- 23
- 24
- 25
- 26
- 27
- 28SEC EDGARPaul Verdi Jr., Executive VP
- 29SEC EDGARPeter B. Bartholow, Board member
- 30SEC EDGARBenjamin Duster, Board member
- 31SEC EDGARLisa R. Jacobs, Board member
- 32SEC EDGARTheodore J. Flocco Jr., Board member
- 33SEC EDGARRandall J. McGarry, Board member
- 34SEC EDGARBarry Spevak, Board member
- 35SEC EDGARHarris Wildstein, Board member
- 36SEC EDGARLyle Hall Jr., Board member
- 37SEC EDGARRobert J. Coleman, Board member
- 38SEC EDGARRodin Neal, Board member
- 39SEC EDGARSteven J. Shotz, Board member
- 40SEC EDGARWilliam W. Batoff, Board member
- 41SEC EDGARLouis J. Decesare Jr., Board member
- 42SEC EDGARBrian F. Doran, General counsel
- 43
- 44
- 45
- 46SEC EDGARChange of auditor
- 47SEC EDGAROther events
- 48
- 49
- 50SEC EDGAROther events
- 51SEC EDGAROther events
- 52SEC EDGAROther events
- 53SEC EDGAROther events
- 54SEC EDGARListing notice or transfer
- 55
- 56
- 57
- 58
- 59
- 60
- 61
- 62
- 63
- 64
- 65