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Republic Bancorp RBCAA Warehouse Lending — Noninterest Income

Other segment segments

Tax Refund Solutions
$3.25M+19.2%
Republic Payment Solutions
$744K+1.1%

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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:NoninterestIncome.

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
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
Net-revenue concentration (2)70%4%74%3%4%19%26%100%

Item 1. Financial Statements.

FAQ

What is Republic Bancorp's warehouse lending — noninterest income?
Republic Bancorp (RBCAA) reported warehouse lending — noninterest income of $23K in Q2 2026.
How has Republic Bancorp's warehouse lending — noninterest income changed year-over-year?
Republic Bancorp's warehouse lending — noninterest income decreased by 0.0% year-over-year, from $23K to $23K.
What is the long-term trend for Republic Bancorp's warehouse lending — noninterest income?
Over 4 years (2021 to 2025), Republic Bancorp's warehouse lending — noninterest income has grown at a 9.9% compound annual growth rate (CAGR), from $57K to $83K.
What does warehouse lending — noninterest income mean?
Represents revenue generated by the warehouse lending segment from sources other than interest, such as fees for services or administrative charges. This metric highlights the segment's ability to diversify income beyond traditional interest rate spreads.

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