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Republic Bancorp RBCAA Republic Credit Solutions Division — Income Tax Expense Benefit

Other segment segments

Warehouse Lending
$676K+26.8%
Republic Payment Solutions
$535K-21.2%
Tax Refund Solutions
$473K-47.5%

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Other financials

Income statement

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Revenue$101.3M+7.9%
Net income$32.9M+4.4%
EPS (diluted)$1.68+4.3%

Balance sheet

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Cash & equivalents$354.1M-27.0%
Total debt$30.1M-14.9%
Total equity$1.2B+9.1%
Total assets$7.1B+1.3%

Cash flow

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Operating cash flow$1.1M-87.3%
CapEx$1.2M-63.5%
Free cash flow$68.1M-22.2%

Valuation

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Market cap$1.96B+46.4%
Enterprise value$1.63B+84.2%
P/E15.3×+4.5×
P/S4.8×+1.5×

Profitability

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Net margin31.3%+0.7pp
FCF margin35.3%-5.1pp

Returns & leverage

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Return on equity11.5%-0.8pp
Debt / equity0.0×

Where this comes from

Reported directly by Republic Bancorp in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The source filing: Republic Bancorp’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 2:19 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-092605
(dollars in thousands)Core Banking / Traditional / BankingCore Banking / Warehouse / LendingCore Banking / Total / Core / BankingRepublic Processing Group / Tax / Refund / SolutionsRepublic Processing Group / Republic / Payment / SolutionsRepublic Processing Group / Republic / Credit / SolutionsRepublic Processing Group / Total / RPGTotal / Company
Other noninterest expense (2)6,7191576,8762071441515027,378
Total noninterest expense44,87898745,8652,1001,2934,3067,69953,564
Income (loss) before income tax expense26,8822,81829,7002,2182,4578,17512,85042,550
Income tax expense (benefit)6,2126766,8884735351,7882,7969,684
Net income (loss)$20,670$2,142$22,812$1,745$1,922$6,387$10,054$32,866
Period-end assets$5,770,433$614,989$6,385,422$20,226$494,952$161,229$676,407$7,061,829
Period-end loans$4,655,509$614,6965,270,205$156$140,045$140,201$5,410,406
Period-end deposits$4,940,270$43,7984,984,068$19,178$494,754$53,742$567,674$5,551,742

Item 1. Financial Statements.

FAQ

What is Republic Bancorp's republic credit solutions division — income tax expense benefit?
Republic Bancorp (RBCAA) reported republic credit solutions division — income tax expense benefit of $1.79M in Q2 2026.
How has Republic Bancorp's republic credit solutions division — income tax expense benefit changed year-over-year?
Republic Bancorp's republic credit solutions division — income tax expense benefit decreased by 9.4% year-over-year, from $1.97M to $1.79M.
What is the long-term trend for Republic Bancorp's republic credit solutions division — income tax expense benefit?
Over 4 years (2021 to 2025), Republic Bancorp's republic credit solutions division — income tax expense benefit has grown at a 10.5% compound annual growth rate (CAGR), from $5.26M to $7.85M.
What does republic credit solutions division — income tax expense benefit mean?
This metric reflects the tax obligations or benefits attributed to the business segment based on its pre-tax earnings. It is essential for calculating the segment's net contribution to the overall corporate bottom line after accounting for tax liabilities.

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