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Republic Bancorp RBCAA Warehouse Lending — Income Tax Expense Benefit

Other segment segments

Tax Refund Solutions
$2.72M-50.5%
Republic Credit Solutions Division
$1.97M-5.0%
Republic Payment Solutions
$576K-28.5%

Similar metrics at other companies

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ABCBWarehouse Lending — Income Tax
$1.56M+29.3%
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ABCBWarehouse Lending — Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
$7.45M+29.2%
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ABCBWarehouse Lending — Interest Expense
$10.25M+10.2%
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MBINMortgage Warehousing — Income Tax Expense Benefit
$7.06M+49.8%
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ABCBWarehouse Lending — Interest Income (Expense), Operating
$7.59M+28.7%
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ABCBWarehouse Lending — Noninterest Expense
$766K-11.6%

Other financials

Income statement

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Revenue$120.4M-11.4%
Net income$42.6M-9.9%
EPS (diluted)$1.68+29.0%

Balance sheet

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Cash & equivalents$599.1M-24.5%
Total debt$31.5M-14.5%
Total equity$1.1B+9.6%
Total assets$7.3B+2.5%

Cash flow

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Operating cash flow$73.0M-18.1%
CapEx$4.9M+202%
Free cash flow$68.1M-22.2%

Valuation

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Market cap$1.71B+11.2%
Enterprise value$1.14B+67.3%
P/E13.5×+0.5×
P/S4.3×+0.4×

Profitability

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Net margin31.5%+2.0pp
FCF margin35.3%-5.1pp

Returns & leverage

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Return on equity11.7%-0.3pp
Debt / equity0.0×

Where this comes from

Reported directly by Republic Bancorp in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Republic Bancorp’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Republic Bancorp's warehouse lending — income tax expense benefit?
Republic Bancorp (RBCAA) reported warehouse lending — income tax expense benefit of $792K in Q1 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 65.0% year-over-year, from $480K to $792K.
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.