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Side-by-side financial comparison of REPUBLIC BANCORP INC (RBCAA) and Tarsus Pharmaceuticals, Inc. (TARS). Click either name above to swap in a different company.

Tarsus Pharmaceuticals, Inc. is the larger business by last-quarter revenue ($151.7M vs $94.3M, roughly 1.6× REPUBLIC BANCORP INC). REPUBLIC BANCORP INC runs the higher net margin — 24.2% vs -5.5%, a 29.7% gap on every dollar of revenue. On growth, Tarsus Pharmaceuticals, Inc. posted the faster year-over-year revenue change (128.4% vs 5.3%). REPUBLIC BANCORP INC produced more free cash flow last quarter ($161.1M vs $13.0M). Over the past eight quarters, Tarsus Pharmaceuticals, Inc.'s revenue compounded faster (134.4% CAGR vs -11.5%).

Republic Bancorp Inc. (Kentucky) is a U.S. regional banking holding company that provides a full range of retail and commercial banking services, including personal deposit accounts, consumer loans, business financing, mortgage products, and wealth management solutions. It mainly serves individual consumers and small to medium-sized enterprises in Kentucky and adjacent U.S. states.

Tarsus Pharmaceuticals, Inc. is a late-stage clinical biopharmaceutical company focused on developing and commercializing innovative therapeutic candidates for unmet medical needs in ophthalmology, dermatology, and other specialty care areas. It operates primarily in the United States, with lead product candidates targeting common, underdiagnosed conditions including demodex blepharitis and rosacea.

RBCAA vs TARS — Head-to-Head

Bigger by revenue
TARS
TARS
1.6× larger
TARS
$151.7M
$94.3M
RBCAA
Growing faster (revenue YoY)
TARS
TARS
+123.1% gap
TARS
128.4%
5.3%
RBCAA
Higher net margin
RBCAA
RBCAA
29.7% more per $
RBCAA
24.2%
-5.5%
TARS
More free cash flow
RBCAA
RBCAA
$148.1M more FCF
RBCAA
$161.1M
$13.0M
TARS
Faster 2-yr revenue CAGR
TARS
TARS
Annualised
TARS
134.4%
-11.5%
RBCAA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
RBCAA
RBCAA
TARS
TARS
Revenue
$94.3M
$151.7M
Net Profit
$22.8M
$-8.4M
Gross Margin
Operating Margin
29.3%
-5.3%
Net Margin
24.2%
-5.5%
Revenue YoY
5.3%
128.4%
Net Profit YoY
20.0%
63.8%
EPS (diluted)
$-0.17

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
RBCAA
RBCAA
TARS
TARS
Q4 25
$94.3M
$151.7M
Q3 25
$93.5M
$118.7M
Q2 25
$93.8M
$102.7M
Q1 25
$135.8M
$78.3M
Q4 24
$89.5M
$66.4M
Q3 24
$88.1M
$48.1M
Q2 24
$86.9M
$40.8M
Q1 24
$120.3M
$27.6M
Net Profit
RBCAA
RBCAA
TARS
TARS
Q4 25
$22.8M
$-8.4M
Q3 25
$29.7M
$-12.6M
Q2 25
$31.5M
$-20.3M
Q1 25
$47.3M
$-25.1M
Q4 24
$19.0M
$-23.1M
Q3 24
$26.5M
$-23.4M
Q2 24
$25.2M
$-33.3M
Q1 24
$30.6M
$-35.7M
Operating Margin
RBCAA
RBCAA
TARS
TARS
Q4 25
29.3%
-5.3%
Q3 25
40.4%
-12.2%
Q2 25
43.0%
-21.6%
Q1 25
44.1%
-33.5%
Q4 24
25.8%
-36.8%
Q3 24
38.4%
-52.3%
Q2 24
37.0%
-81.6%
Q1 24
32.2%
-136.5%
Net Margin
RBCAA
RBCAA
TARS
TARS
Q4 25
24.2%
-5.5%
Q3 25
31.8%
-10.6%
Q2 25
33.5%
-19.8%
Q1 25
34.8%
-32.1%
Q4 24
21.2%
-34.8%
Q3 24
30.1%
-48.7%
Q2 24
29.0%
-81.6%
Q1 24
25.4%
-129.4%
EPS (diluted)
RBCAA
RBCAA
TARS
TARS
Q4 25
$-0.17
Q3 25
$-0.30
Q2 25
$-0.48
Q1 25
$-0.64
Q4 24
$-0.57
Q3 24
$-0.61
Q2 24
$-0.88
Q1 24
$-1.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
RBCAA
RBCAA
TARS
TARS
Cash + ST InvestmentsLiquidity on hand
$220.0M
$417.3M
Total DebtLower is stronger
$72.4M
Stockholders' EquityBook value
$1.1B
$343.4M
Total Assets
$7.0B
$562.2M
Debt / EquityLower = less leverage
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RBCAA
RBCAA
TARS
TARS
Q4 25
$220.0M
$417.3M
Q3 25
$484.2M
$401.8M
Q2 25
$484.8M
$381.1M
Q1 25
$793.0M
$407.9M
Q4 24
$432.2M
$291.4M
Q3 24
$530.9M
$317.0M
Q2 24
$400.1M
$323.6M
Q1 24
$546.4M
$298.5M
Total Debt
RBCAA
RBCAA
TARS
TARS
Q4 25
$72.4M
Q3 25
$72.3M
Q2 25
$72.1M
Q1 25
$72.0M
Q4 24
$71.8M
Q3 24
$71.7M
Q2 24
$71.6M
Q1 24
$29.9M
Stockholders' Equity
RBCAA
RBCAA
TARS
TARS
Q4 25
$1.1B
$343.4M
Q3 25
$1.1B
$335.1M
Q2 25
$1.1B
$332.6M
Q1 25
$1.0B
$342.5M
Q4 24
$992.0M
$224.5M
Q3 24
$979.7M
$237.5M
Q2 24
$955.4M
$252.2M
Q1 24
$935.6M
$275.2M
Total Assets
RBCAA
RBCAA
TARS
TARS
Q4 25
$7.0B
$562.2M
Q3 25
$7.0B
$534.6M
Q2 25
$7.0B
$495.0M
Q1 25
$7.1B
$500.8M
Q4 24
$6.8B
$377.0M
Q3 24
$6.7B
$376.3M
Q2 24
$6.6B
$376.8M
Q1 24
$6.9B
$349.3M
Debt / Equity
RBCAA
RBCAA
TARS
TARS
Q4 25
0.21×
Q3 25
0.22×
Q2 25
0.22×
Q1 25
0.21×
Q4 24
0.32×
Q3 24
0.30×
Q2 24
0.28×
Q1 24
0.11×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
RBCAA
RBCAA
TARS
TARS
Operating Cash FlowLast quarter
$168.2M
$19.3M
Free Cash FlowOCF − Capex
$161.1M
$13.0M
FCF MarginFCF / Revenue
170.9%
8.6%
Capex IntensityCapex / Revenue
7.5%
4.2%
Cash ConversionOCF / Net Profit
7.37×
TTM Free Cash FlowTrailing 4 quarters
$288.6M
$-22.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RBCAA
RBCAA
TARS
TARS
Q4 25
$168.2M
$19.3M
Q3 25
$33.3M
$18.3M
Q2 25
$8.4M
$-29.4M
Q1 25
$93.2M
$-20.7M
Q4 24
$149.0M
$-22.2M
Q3 24
$51.3M
$-8.7M
Q2 24
$4.0M
$-14.4M
Q1 24
$71.2M
$-37.8M
Free Cash Flow
RBCAA
RBCAA
TARS
TARS
Q4 25
$161.1M
$13.0M
Q3 25
$30.8M
$16.3M
Q2 25
$5.2M
$-30.4M
Q1 25
$91.6M
$-21.2M
Q4 24
$143.2M
$-22.3M
Q3 24
$49.8M
$-8.9M
Q2 24
$2.7M
$-15.4M
Q1 24
$69.1M
$-38.0M
FCF Margin
RBCAA
RBCAA
TARS
TARS
Q4 25
170.9%
8.6%
Q3 25
32.9%
13.8%
Q2 25
5.5%
-29.6%
Q1 25
67.4%
-27.1%
Q4 24
160.0%
-33.5%
Q3 24
56.5%
-18.6%
Q2 24
3.1%
-37.8%
Q1 24
57.5%
-137.5%
Capex Intensity
RBCAA
RBCAA
TARS
TARS
Q4 25
7.5%
4.2%
Q3 25
2.6%
1.6%
Q2 25
3.5%
1.0%
Q1 25
1.2%
0.8%
Q4 24
6.5%
0.1%
Q3 24
1.7%
0.6%
Q2 24
1.5%
2.5%
Q1 24
1.7%
0.6%
Cash Conversion
RBCAA
RBCAA
TARS
TARS
Q4 25
7.37×
Q3 25
1.12×
Q2 25
0.27×
Q1 25
1.97×
Q4 24
7.84×
Q3 24
1.93×
Q2 24
0.16×
Q1 24
2.33×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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