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Republic Bancorp RBCAA Tax Refund Solutions — Interest Income Expense Net

Other segment segments

Warehouse Lending
$3.74M+5.5%
Republic Payment Solutions
$3.01M-15.6%

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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:InterestIncomeExpenseNet.

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
Net interest income (1)$60,375$3,744$64,119$27$3,006$14,550$17,583$81,702
Noninterest income:
Service charges on deposit accounts4,044234,067114,068
Net refund transfer fees3,2083,2083,208
Mortgage banking income (1)1,7991,7991,799
Interchange fee income3,5903,59033333,623
Program fees (1)7434,3155,0585,058
Increase in cash surrender value of BOLI (1)943943943

Item 1. Financial Statements.

FAQ

What is Republic Bancorp's tax refund solutions — interest income expense net?
Republic Bancorp (RBCAA) reported tax refund solutions — interest income expense net of $27K in Q2 2026.
How has Republic Bancorp's tax refund solutions — interest income expense net changed year-over-year?
Republic Bancorp's tax refund solutions — interest income expense net decreased by 56.5% year-over-year, from $62K to $27K.
What is the long-term trend for Republic Bancorp's tax refund solutions — interest income expense net?
Over 3 years (2021 to 2025), Republic Bancorp's tax refund solutions — interest income expense net has grown at a 25.0% compound annual growth rate (CAGR), from $15.59M to $30.49M.
What does tax refund solutions — interest income expense net mean?
This represents the net interest margin generated by the tax refund solutions segment after accounting for interest income earned on advances and interest expenses incurred to fund those assets. It reflects the profitability of the segment's core lending activities. Investors use this to assess the segment's ability to generate spread-based revenue from its specialized financial products.

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