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Republic Bancorp RBCAA Tax Refund Solutions — Labor And Related Expense

Other segment segments

Republic Payment Solutions
$1.12M+8.6%
Warehouse Lending
$754K+2.6%

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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:LaborAndRelatedExpense.

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
Program fees7434,3155,0585,058
Other noninterest income (1)9,443239,466371389,504
Total noninterest income11,2422311,2653,2457444,3158,30419,569
Salaries and employee benefits26,00075426,7541,7171,1241,3484,18930,943
Technology, equipment, and communication7,427467,47381201,1121,2138,686
Occupancy3,358303,3886156723,460
Marketing and development1,3741,374341,6891,7233,097
Other noninterest expense (2)6,7191576,8762071441515027,378

Item 1. Financial Statements.

FAQ

What is Republic Bancorp's tax refund solutions — labor and related expense?
Republic Bancorp (RBCAA) reported tax refund solutions — labor and related expense of $1.72M in Q2 2026.
How has Republic Bancorp's tax refund solutions — labor and related expense changed year-over-year?
Republic Bancorp's tax refund solutions — labor and related expense decreased by 12.5% year-over-year, from $1.96M to $1.72M.
What is the long-term trend for Republic Bancorp's tax refund solutions — labor and related expense?
Over 3 years (2022 to 2025), Republic Bancorp's tax refund solutions — labor and related expense has grown at a -3.1% compound annual growth rate (CAGR), from $8.88M to $8.08M.
What does tax refund solutions — labor and related expense mean?
This metric tracks the total costs associated with personnel, including salaries, benefits, and payroll taxes, specifically allocated to the tax refund solutions segment. It is a primary component of the segment's operating expenses. Analyzing this helps investors evaluate the segment's labor efficiency and cost structure relative to its revenue generation.

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