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Republic Bancorp RBCAA Warehouse Lending — Income Tax Expense Benefit

Other segment segments

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 warehouse lending — income tax expense benefit?
Republic Bancorp (RBCAA) reported warehouse lending — income tax expense benefit of $676K in Q2 2026.
How has Republic Bancorp's warehouse lending — income tax expense benefit changed year-over-year?
Republic Bancorp's warehouse lending — income tax expense benefit increased by 26.8% year-over-year, from $533K to $676K.
What is the long-term trend for Republic Bancorp's warehouse lending — income tax expense benefit?
Over 4 years (2021 to 2025), Republic Bancorp's warehouse lending — income tax expense benefit has grown at a -17.0% compound annual growth rate (CAGR), from $4.96M to $2.35M.
What does warehouse lending — income tax expense benefit mean?
Represents the portion of the warehouse lending segment's earnings allocated to income tax obligations or tax benefits. This metric is essential for calculating the effective tax rate and understanding the segment's contribution to the company's overall tax profile.

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