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Republic Bancorp RBCAA Traditional Banking — Bank Owned Life Insurance Income

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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:BankOwnedLifeInsuranceIncome.

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
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
Net losses on other real estate owned(41)(41)(41)
Other90790744911
Total noninterest income11,2422311,2653,2457444,3158,30419,569
Total net revenue$71,617$3,767$75,384$3,272$3,750$18,865$25,887$101,271

Item 1. Financial Statements.

FAQ

What is Republic Bancorp's traditional banking — bank owned life insurance income?
Republic Bancorp (RBCAA) reported traditional banking — bank owned life insurance income of $943K in Q2 2026.
How has Republic Bancorp's traditional banking — bank owned life insurance income changed year-over-year?
Republic Bancorp's traditional banking — bank owned life insurance income increased by 14.9% year-over-year, from $821K to $943K.
What is the long-term trend for Republic Bancorp's traditional banking — bank owned life insurance income?
Over 4 years (2021 to 2025), Republic Bancorp's traditional banking — bank owned life insurance income has grown at a 12.5% compound annual growth rate (CAGR), from $2.24M to $3.6M.
What does traditional banking — bank owned life insurance income mean?
This represents the income earned from life insurance policies purchased by the bank on the lives of its employees or executives. It serves as a non-interest income stream that helps offset the costs of employee benefit programs.

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