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    Republic Bancorp (RBCAA)

    Market Price (7/22/2026): $91.61 | Market Cap: $1.8 BilSector: Financials | Industry: Regional Banks

    Republic Bancorp (RBCAA)

    Market Price (7/22/2026): $91.61
    Market Cap: $1.8 Bil
    Sector: Financials
    Industry: Regional Banks

    Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

    0

    Attractive yield
    Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.6%, FCF Yield is 7.9%

    Cash is significant % of market cap
    Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -51%

    Attractive cash flow generation
    CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 38%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 36%

    Low stock price volatility
    Vol 12M is 26%

    Megatrend and thematic drivers
    Megatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Digital Payments.

    Trading close to highs
    Dist 52W High is -1.6%, Dist 3Y High is -1.6%

    Weak revenue growth
    Rev Chg QQuarterly Revenue Change % is -11%

    Key risks
    RBCAA key risks include [1] challenges integrating the CBank acquisition to achieve expected synergies, Show more.

    0 Attractive yield
    Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.6%, FCF Yield is 7.9%
    1 Cash is significant % of market cap
    Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -51%
    2 Attractive cash flow generation
    CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 38%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 36%
    3 Low stock price volatility
    Vol 12M is 26%
    4 Megatrend and thematic drivers
    Megatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Digital Payments.
    5 Trading close to highs
    Dist 52W High is -1.6%, Dist 3Y High is -1.6%
    6 Weak revenue growth
    Rev Chg QQuarterly Revenue Change % is -11%
    7 Key risks
    RBCAA key risks include [1] challenges integrating the CBank acquisition to achieve expected synergies, Show more.

    RBCAA in ETFs

    Weight = RBCAA's share of each fund

    VTI0.00%
    ITOT0.00%
    IWM0.02%
    VIG0.00%
    KRE0.20%
    AVUV0.10%
    IWN0.05%
    DFAS0.03%
    +6 more covered ETFs

    Valuation & Metrics

    FYE: 12/31RBCAA [1]S&P 500 [2]
    REVENUE GROWTH
    LTM Revenue [3]$395.9 Mil—
    FY 2026 Sales$406.8 Mil—
    FY 2027 Sales$418.5 Mil—
    FY 2026 Sales Growth2.7%—
    FY 2027 Sales Growth2.9%8.2%
    EARNINGS
    LTM Net Income (GAAP) [3]$126.6 Mil—
    FY 2026 Net Income (Non-GAAP)$131.7 Mil—
    FY 2027 Net Income (Non-GAAP)$131.1 Mil—
    FY 2027 Net Income Growth-0.5%16.4%
    FY 2026 EPS (Non-GAAP)$6.65—
    FY 2027 EPS (Non-GAAP)$6.62—
    FY 2027 EPS Growth-0.5%—
    VALUATION
    FY 2026 P/S4.43.2
    FY 2027 P/S4.3—
    FY 2026 P/E13.619.6
    FY 2027 P/E13.6—

    [1] RBCAA forward figures are analyst consensus for the next two fiscal years (fiscal year end 12/31). Net Income and EPS are non-GAAP (adjusted) consensus. P/S and P/E divide the current market cap by the consensus figure.
    [2] S&P 500 figures are the SPY ETF's holdings-weighted forward aggregate. P/S and P/E reflect FY1/FY2 consensus blended to the 12-month window ending 7/31/27 (~one year forward), shown when ≥90% of index weight has estimates. Growth is the aggregate next-fiscal-year vs current-fiscal-year (FY1→FY2) change. Index-level dollar Sales, Net Income and EPS are not applicable.
    [3] LTM = reported trailing-twelve-month actuals (GAAP).
    RBCAAS&P 500
    REVENUE GROWTH 
    Rev LTM ($ Bil)0.4
    Rev Chg Q-11.3%8.9%
    Rev Chg LTM0.4%7.5%
    Rev Chg 3Y Avg6.4%5.9%
    PROFITABILITYVERY GOOD
    Op Inc LTM ($ Bil)�
    CFO LTM ($ Bil)0.2
    Net Inc LTM ($ Bil)0.1
    CFO/Rev LTM38.4%21.4%
    Net Inc Mgn32.0%13.0%
    VALUATIONLOW
    P/S4.53.3
    P/CFO11.815.2
    P/FCF12.620.0
    P/E14.124.3

    AI Analysis | Feedback

    MetricValueDateSource
    Net Interest Margin (NIM)4.65%9302025Link
    Return on Average Assets (ROA)1.69%9302025Link
    Return on Average Equity (ROE)10.91%9302025Link
    Number of Banking Centers4711062025Link
    Net Charge-Offs to Average Loans0.02%9302025Link
    Nonperforming Loans to Total Loans0.42%9302025Link
    Revenue per Employee$415,87512312023Link

    Price Chart

    Upcoming
    9/18/2026DividendAmount: $0.49
    Payment On: 10/16/2026
    10/16/2026Earnings ReleaseRev: $97 Mil (E)
    EPS: $1.56 (E)

    Why The Stock Moved

    Qualitative Assessment

    AI Analysis | Feedback

    Updated on 7/17/2026

    Republic Bancorp (RBCAA) stock has gained about 30% since 3/31/2026 because of the following key factors:

    1. Republic Bancorp reported stronger-than-expected fiscal Q1 2026 earnings, exceeding analyst estimates for both EPS and revenue. The company announced on April 23, 2026, an Adjusted Diluted EPS of $2.04, significantly beating the consensus estimate of $1.41 by $0.63. Quarterly revenue reached $114.57 million, surpassing the consensus estimate of $96.60 million. This strong performance was driven by a 12% increase in Core Bank net interest income to $63.2 million, with the Core Bank net interest margin expanding by 26 basis points to 3.96%.

    2. The company's consistent dividend growth demonstrated financial stability and attracted income-focused investors. Republic Bancorp announced a 10% increase in its quarterly cash dividends on January 21, 2026, marking the 28th consecutive year of dividend increases. The quarterly cash dividend for Class A Common Stock was set at $0.495 per share, with payments continuing at this increased rate, providing an annualized dividend yield of approximately 2.2% to 2.25%.

    Show more
    Updated on 7/17/2026

    Republic Bancorp (RBCAA) stock has gained about 30% since 3/31/2026 because of the following key factors:

    1. Republic Bancorp reported stronger-than-expected fiscal Q1 2026 earnings, exceeding analyst estimates for both EPS and revenue. The company announced on April 23, 2026, an Adjusted Diluted EPS of $2.04, significantly beating the consensus estimate of $1.41 by $0.63. Quarterly revenue reached $114.57 million, surpassing the consensus estimate of $96.60 million. This strong performance was driven by a 12% increase in Core Bank net interest income to $63.2 million, with the Core Bank net interest margin expanding by 26 basis points to 3.96%.

    2. The company's consistent dividend growth demonstrated financial stability and attracted income-focused investors. Republic Bancorp announced a 10% increase in its quarterly cash dividends on January 21, 2026, marking the 28th consecutive year of dividend increases. The quarterly cash dividend for Class A Common Stock was set at $0.495 per share, with payments continuing at this increased rate, providing an annualized dividend yield of approximately 2.2% to 2.25%.

    3. An improvement in analyst sentiment contributed to positive momentum. Several brokerages adjusted their outlooks on RBCAA during the period. Wall Street Zen upgraded Republic Bancorp from a "sell" to a "hold" rating on April 25, 2026, shortly after the strong Q1 earnings report. Zacks Research also upgraded shares to a "hold" rating, and Weiss Ratings reaffirmed a "buy (b)" rating on June 9, 2026. This collective shift in analyst ratings led to a consensus of "Moderate Buy" for the stock.

    4. The positive macroeconomic environment for regional banks provided a favorable backdrop for Republic Bancorp's stock appreciation. The broader regional banking sector experienced a rally, with the iShares U.S. Regional Banks ETF (IAT) showing a year-to-date gain of 14.56% as of July 16, 2026. Financial stocks, including regional banks, generally benefited from elevated interest rates, resilient economic growth, and increased trading activity during this period.

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    Stock Movement Drivers

    Fundamental Drivers

    The 30.1% change in RBCAA stock from 3/31/2026 to 7/21/2026 was primarily driven by a 33.3% change in the company's P/E Multiple.
    (LTM values as of)33120267212026Change
    Stock Price ($)70.1491.2830.1%
    Change Contribution By: 
    Total Revenues ($ Mil)411396-3.7%
    Net Income Margin (%)31.9%32.0%0.1%
    P/E Multiple10.614.133.3%
    Shares Outstanding (Mil)20201.3%
    Cumulative Contribution30.1%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    3/31/2026 to 7/21/2026
    ReturnCorrelation
    RBCAA30.1% 
    Market (SPY)15.1%-0.7%
    Sector (XLF)13.7%34.2%

    Fundamental Drivers

    The 34.1% change in RBCAA stock from 12/31/2025 to 7/21/2026 was primarily driven by a 33.6% change in the company's P/E Multiple.
    (LTM values as of)123120257212026Change
    Stock Price ($)68.0991.2834.1%
    Change Contribution By: 
    Total Revenues ($ Mil)406396-2.6%
    Net Income Margin (%)31.4%32.0%1.9%
    P/E Multiple10.514.133.6%
    Shares Outstanding (Mil)20201.1%
    Cumulative Contribution34.1%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    12/31/2025 to 7/21/2026
    ReturnCorrelation
    RBCAA34.1% 
    Market (SPY)10.0%12.8%
    Sector (XLF)3.0%42.2%

    Fundamental Drivers

    The 28.0% change in RBCAA stock from 6/30/2025 to 7/21/2026 was primarily driven by a 19.8% change in the company's P/E Multiple.
    (LTM values as of)63020257212026Change
    Stock Price ($)71.3091.2828.0%
    Change Contribution By: 
    Total Revenues ($ Mil)3943960.4%
    Net Income Margin (%)29.9%32.0%6.8%
    P/E Multiple11.814.119.8%
    Shares Outstanding (Mil)1920-0.4%
    Cumulative Contribution28.0%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    6/30/2025 to 7/21/2026
    ReturnCorrelation
    RBCAA28.0% 
    Market (SPY)22.1%22.3%
    Sector (XLF)8.4%49.3%

    Fundamental Drivers

    The 133.2% change in RBCAA stock from 6/30/2023 to 7/21/2026 was primarily driven by a 63.9% change in the company's P/E Multiple.
    (LTM values as of)63020237212026Change
    Stock Price ($)39.1491.28133.2%
    Change Contribution By: 
    Total Revenues ($ Mil)32939620.2%
    Net Income Margin (%)27.6%32.0%16.0%
    P/E Multiple8.614.163.9%
    Shares Outstanding (Mil)20202.1%
    Cumulative Contribution133.2%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    6/30/2023 to 7/21/2026
    ReturnCorrelation
    RBCAA133.2% 
    Market (SPY)74.8%34.8%
    Sector (XLF)73.9%54.6%

    Return vs. Risk

    Price Returns Compared

     202120222023202420252026Total [1]
    Returns
    RBCAA Return45%-17%39%30%1%33%194%
    Peers Return47%-2%-7%26%-2%25%109%
    S&P 500 Return27%-19%24%23%16%9%98%

    Monthly Win Rates [3]
    RBCAA Win Rate75%25%58%58%58%86% 
    Peers Win Rate65%43%42%55%52%80% 
    S&P 500 Win Rate75%42%67%75%67%43% 

    Max Drawdowns [4]
    RBCAA Max Drawdown-12%-25%-17%-17%-16%-10% 
    Peers Max Drawdown-20%-22%-36%-16%-22%-11% 
    S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 

    [1] Cumulative total returns since the beginning of 2021
    [2] Peers: SYBT, GABC, CTBI, LKFN, BY.
    [3] Win Rate = % of calendar months in which monthly returns were positive
    [4] Max drawdown represents maximum peak-to-trough decline within a year
    [5] 2026 data is for the year up to 7/21/2026 (YTD)

    How Low Can It Go

    EventRBCAAS&P 500
    2023 SVB Regional Banking Crisis
      % Loss-16.0%-6.7%
      % Gain to Breakeven19.1%7.1%
      Time to Breakeven33 days31 days
    2022 Inflation Shock & Fed Tightening
      % Loss-23.1%-24.5%
      % Gain to Breakeven30.1%32.4%
      Time to Breakeven430 days427 days
    2020 COVID-19 Crash
      % Loss-32.0%-33.7%
      % Gain to Breakeven47.2%50.9%
      Time to Breakeven298 days140 days
    Q4 2018 Fed Policy Error / Growth Scare
      % Loss-21.0%-19.2%
      % Gain to Breakeven26.7%23.8%
      Time to Breakeven102 days105 days
    2011 US Debt Ceiling Crisis & European Contagion
      % Loss-20.3%-17.9%
      % Gain to Breakeven25.4%21.8%
      Time to Breakeven71 days123 days
    2008-2009 Global Financial Crisis
      % Loss-18.2%-53.4%
      % Gain to Breakeven22.2%114.4%
      Time to Breakeven23 days1085 days

    Compare to SYBT, GABC, CTBI, LKFN, BY

    In The Past

    Republic Bancorp's stock fell -9.9% during the 2025 US Tariff Shock. Such a loss loss requires a 11.0% gain to breakeven.

    Preserve Wealth

    Limiting losses and compounding gains is essential to preserving wealth.

    Asset Allocation

    Actively managed asset allocation strategies protect wealth. Learn more.

    EventRBCAAS&P 500
    2022 Inflation Shock & Fed Tightening
      % Loss-23.1%-24.5%
      % Gain to Breakeven30.1%32.4%
      Time to Breakeven430 days427 days
    2020 COVID-19 Crash
      % Loss-32.0%-33.7%
      % Gain to Breakeven47.2%50.9%
      Time to Breakeven298 days140 days
    Q4 2018 Fed Policy Error / Growth Scare
      % Loss-21.0%-19.2%
      % Gain to Breakeven26.7%23.8%
      Time to Breakeven102 days105 days
    2011 US Debt Ceiling Crisis & European Contagion
      % Loss-20.3%-17.9%
      % Gain to Breakeven25.4%21.8%
      Time to Breakeven71 days123 days
    Summer 2007 Credit Crunch
      % Loss-21.4%-8.6%
      % Gain to Breakeven27.3%9.5%
      Time to Breakeven136 days47 days

    Compare to SYBT, GABC, CTBI, LKFN, BY

    In The Past

    Republic Bancorp's stock fell -9.9% during the 2025 US Tariff Shock. Such a loss loss requires a 11.0% gain to breakeven.

    Preserve Wealth

    Limiting losses and compounding gains is essential to preserving wealth.

    Asset Allocation

    Actively managed asset allocation strategies protect wealth. Learn more.

    About Republic Bancorp (RBCAA)

    Republic Bancorp, Inc. (RBCAA) is a financial holding company that offers a diverse range of banking and financial products and services throughout the United States. Its core business centers on traditional banking, where it accepts various types of deposits, including checking, savings, money market, and certificates of deposit. The company provides a broad array of loan products, such as residential and commercial real estate, construction and land development, home equity, personal, and aircraft loans. Additionally, it offers credit cards and essential financial management services for businesses, including online banking, lockbox processing, and remote deposit capture.

    Beyond traditional banking, Republic Bancorp operates in several specialized segments. It extends short-term and revolving credit facilities to mortgage bankers through its warehouse lending division. The company also plays a key role in the tax refund solutions market, facilitating federal and state tax refund products via third-party tax preparers and software providers. Furthermore, Republic Bancorp offers consumer credit products, including general purpose reloadable prepaid cards, and engages in mortgage banking and property and casualty insurance. This diversified approach allows it to serve a wide array of customers, from individual consumers and small businesses to mortgage industry professionals and partners in the tax preparation sector.

    AI Analysis | Feedback

    Analogy 1: It's like a regional bank, similar to KeyCorp or Comerica, but with a significant focus on processing tax refunds.

    Analogy 2: Think of it as a regional bank, a bit like Huntington Bancshares, that also provides specialized financing to mortgage companies and offers various consumer credit solutions.

    AI Analysis | Feedback

    • Deposit Accounts: Provides various checking, savings, money market, and certificate of deposit accounts for individuals and businesses.
    • Loan Products: Offers a diverse portfolio of loans including residential and commercial real estate, construction, home equity, personal, and aircraft loans.
    • Credit Cards: Issues credit cards to meet consumer spending and credit needs.
    • Banking Services: Delivers comprehensive banking services, such as private banking, lockbox processing, remote deposit capture, and online and mobile banking.
    • Warehouse Lending: Extends short-term and revolving credit facilities specifically to mortgage bankers.
    • Tax Refund Solutions: Facilitates federal and state tax refund payments for taxpayers through third-party tax preparers.
    • Prepaid Cards: Provides general-purpose reloadable prepaid cards via third-party service providers.
    • Consumer Credit Products: Offers various credit products designed for individual consumers.
    • Insurance Products: Provides title insurance and property and casualty insurance.

    AI Analysis | Feedback

    Republic Bancorp (RBCAA) serves a diverse customer base, encompassing both individuals and various types of businesses, as well as other financial institutions and service providers for specialized solutions. Given its network of 42 full-service banking centers and broad range of offerings, it serves a wide array of customers. Its major customer categories include:

    • Individual Customers: These are consumers and households utilizing the company's traditional banking services such as demand, money market, savings, and individual retirement accounts; residential real estate, home improvement and home equity, secured and unsecured personal, and aircraft loans; credit cards; consumer credit products; and property and casualty insurance products.

    • Business Customers: This category includes various businesses seeking commercial real estate, construction and land development loans; demand and time deposit accounts; and specialized business services like lockbox processing, remote deposit capture, business online banking, account reconciliation, and automated clearing house processing. They also access property and casualty insurance products.

    • Other Financial Institutions and Service Providers: Republic Bancorp provides specific business-to-business (B2B) services. This includes offering short-term and revolving credit facilities to mortgage bankers (through its Warehouse segment); facilitating tax refund products through third-party tax preparers and tax-preparation software providers (via its Tax Refund Solutions segment); and providing general purpose reloadable prepaid cards through third-party service providers (as part of its Republic Credit Solutions segment).

    AI Analysis | Feedback

    null

    AI Analysis | Feedback

    Steven E. Trager, Executive Chair and Chief Executive Officer

    Steven E. Trager joined Republic Bank & Trust Company in 1988 as General Counsel. He became President and CEO of Republic Bancorp, Inc. in 1998 and has served as Executive Chair and CEO since 2021. He provided leadership for the company's initial public offering in 1998 and also led the complex merger and reorganization of the Republic group of multiple banks into a consolidated banking structure in 1994.

    Kevin D. Sipes, Executive Vice President, Chief Financial Officer and Chief Accounting Officer

    Kevin D. Sipes joined Republic Bancorp, Inc. in 1995. He has served as Executive Vice President and Treasurer of both Republic Bancorp, Inc. and Republic Bank & Trust Company since January 2002, and as Chief Financial Officer of both entities since October 2000.

    A. Scott Trager, President, Republic Bancorp, Inc.; Vice Chair, Republic Bank & Trust Company

    A. Scott Trager has served as Vice Chair of Republic Bancorp, Inc. and its subsidiary bank since April 2017, and as Director and President of Republic Bancorp, Inc. since 2012. He previously held the role of President of the Bank from 1984 to 2017 and Vice Chair of Republic Bancorp, Inc. from 1994 to 2012. He has dedicated his entire career to various finance and banking capacities, demonstrating extensive leadership experience in marketing, operations, and retail branch management.

    Logan M. Pichel, President and Chief Executive Officer, Republic Bank & Trust Company

    Logan M. Pichel has served as President and Chief Executive Officer of Republic Bank & Trust Company, the company's primary subsidiary, since 2021.

    Jeffrey A. Starke, Executive Vice President, Chief Information and Operating Officer

    Jeffrey A. Starke joined Republic Bank & Trust Company on July 19, 2021, as Executive Vice President and Chief Information Officer, and was subsequently elevated to Chief Information and Operating Officer in 2024. Prior to joining Republic, he served at Bank OZK from 2010 to 2021, where his most recent role was Chief Technology Officer and Chair of the Information Systems Steering Committee, bringing over 20 years of experience in financial services technology and operations.

    AI Analysis | Feedback

    Here are the key risks to Republic Bancorp (symbol: RBCAA):

    1. Loss of a Major Tax Refund Solutions (TRS) Partner: Republic Bancorp's Tax Refund Solutions (TRS) segment faces a significant risk due to the expiration of its largest Tax Provider contract in October 2025, with no new agreement for the 2026 tax season. This partner contributed 61% of TRS's ERA/RA fee income and approximately $13 million of its pre-tax net income in 2025, revenue that management does not expect to replace in 2026. This contract loss is expected to pressure the profitability and business mix of this niche segment.
    2. Interest Rate Sensitivity and Economic Uncertainties: Republic Bancorp's financial performance, particularly its net interest income, is highly susceptible to fluctuations in interest rates. Unfavorable shifts in the yield curve or interest rate inversions could compress the net interest margin (NIM), thereby adversely affecting profitability. Additionally, the company is exposed to broader economic uncertainties, including downturns, interest rate volatility, and liquidity risks, which are inherent threats that can impact its overall performance. The competitive environment for deposits is also influenced by interest rates, with a shift towards interest-bearing accounts putting pressure on banks to offer competitive rates.
    3. Intense Competition: Republic Bancorp operates in a dynamic and highly competitive banking environment. The company faces significant competition from various entities, including regional banks, larger national banks with extensive resources, credit unions, and rapidly evolving FinTech companies. This intense competition can erode Republic Bancorp's market share, particularly for deposits, and puts pressure on pricing and product offerings, requiring continuous innovation to retain customers. As a smaller regional player, RBCAA may also lack the economies of scale and technological investment capacity of larger rivals, further intensifying competitive challenges.

    AI Analysis | Feedback

    Clear emerging threats to Republic Bancorp (RBCAA) include:

    • The increasing market penetration and service offerings of **Fintech companies and digital-only banks**. These entities leverage technology to offer competitive rates, lower fees, and superior digital user experiences for deposits, loans, and payment services, directly threatening Republic Bancorp's Traditional Banking and Republic Credit Solutions segments.
    • The dominance of **non-bank mortgage lenders**. Companies specializing in online mortgage origination have significantly streamlined the application process and often offer competitive rates, thereby challenging Republic Bancorp's Mortgage Banking operations and potentially impacting its Warehouse lending by capturing market share from traditional financial institutions.
    • The rapid adoption and expansion of **digital wallets, payment apps, and alternative online lending platforms**. These platforms offer consumers direct alternatives for managing money, making payments, utilizing prepaid cards, and accessing consumer credit, thus competing with Republic Bancorp's Republic Credit Solutions and traditional banking services.

    AI Analysis | Feedback

    For the public company Republic Bancorp (symbol: RBCAA), here are the addressable market sizes for their main products and services:

    Product/Service Addressable Market Size (USD) Region
    Traditional Banking (Retail Banking) 454.3 billion (2024) U.S.
    Commercial Banking 1.6 trillion (2025) U.S.
    Residential Mortgage Originations 2.0 trillion (2025 estimate) U.S.
    Commercial Real Estate Lending 498 billion (2024) U.S.
    Credit Cards (Issuing Market) 178.3 billion (2025) U.S.
    Tax Refund Solutions null U.S.
    General Purpose Reloadable Prepaid Cards 1.76 trillion (2024) U.S.
    Property and Casualty Insurance 1.10 trillion (2025) U.S.
    Title Insurance 17.1 billion (2025) U.S.

    AI Analysis | Feedback

    Republic Bancorp (RBCAA) is positioned for future revenue growth over the next 2-3 years through several key drivers, including strategic management of its core banking operations, the continued strength of its specialized lending segments, ongoing technological advancements, and potential inorganic growth opportunities.

    1. Net Interest Income Growth through Loan and Deposit Expansion: Republic Bancorp's ability to grow its net interest income (NII) is a significant driver. The company has shown consistent growth in its outstanding loans and net interest margin (NIM) historically. In 2025, the company's net interest margin expanded due to a reduced cost of deposits within its Core Bank segment and an improved yield on interest-earning assets, reflecting strategic balance sheet management. Total period-end deposits also rose by 5% in 2025, alongside an increase in total loans, indicating robust performance in the credit market and effective liquidity management that should continue to fuel NII.
    2. Performance and Expansion of Diversified Banking Segments: The company's five distinct operating segments—Traditional Banking, Warehouse Lending, Mortgage Banking, Tax Refund Solutions (TRS), and Republic Credit Solutions—each contributed to year-over-year net income growth in 2025. Specifically, the Warehouse segment saw average outstanding balances increase by 18% in 2025. Mortgage banking income also experienced a substantial 36% increase due to strengthened market activity. Furthermore, the Tax Refund Solutions segment delivered meaningful earnings growth in 2025, driven by disciplined pricing strategies and rigorous risk management. Continued strong performance and potential expansion within these diversified segments are expected to drive future revenue.
    3. Technological Innovation and Digital Transformation: Republic Bancorp has identified opportunities to enhance its digital capabilities, cybersecurity, and operational infrastructure to meet evolving customer expectations and compete effectively with FinTech companies. Key initiatives planned for 2025 include a digital transformation program, a core banking system upgrade, and the rebuilding of mobile and banking applications with a goal of offering a "super app" by late 2025. These investments are aimed at improving efficiency, enhancing the customer experience, and potentially unlocking new revenue streams.
    4. Strategic Acquisitions and Partnerships: Republic Bancorp's financial stability positions it to explore strategic acquisitions or partnerships that align with its growth objectives. Such initiatives could enable the company to expand its geographical footprint, broaden its product offerings, and access new customer segments, thereby driving long-term revenue growth and profitability.

    AI Analysis | Feedback

    Share Repurchases

    • Republic Bancorp announced a new stock repurchase program on October 8, 2024. The specifics regarding the dollar amount authorized were not detailed in the initial public summary.

    Share Issuance

    • There is no readily available information indicating significant common stock issuances by Republic Bancorp over the last 3-5 years.

    Inbound Investments

    • There is no information available regarding large strategic investments made directly in Republic Bancorp by third parties, such as strategic partners or private equity firms, over the last 3-5 years.

    Outbound Investments

    • In March 2023, Republic Bank completed the acquisition of CBank and its wholly-owned subsidiary, Commercial Industrial Finance, Inc. (CIF), for approximately $51 million in cash. This acquisition aimed to expand Republic's presence in the Cincinnati metropolitan area and grow its equipment financing and leasing operations.
    • On February 20, 2026, Republic Bancorp divested substantially all assets of its Republic Bank Finance (RBF) division to CAN Capital Merchant Services, Inc. This transaction involved approximately $81 million in loans and leases and around $1 million in related liabilities. This divestiture, following the March 2023 acquisition of CBank which included RBF, is expected to result in an estimated pre-tax gain of roughly $6 million for Republic Bancorp in the first quarter of 2026.

    Capital Expenditures

    • Republic Bancorp's capital expenditures were approximately $2.47 million, $3.28 million, $1.63 million, $0.935 million, $1.50 million, and $1.29 million, though specific annual breakdowns for the entire 3-5 year period require further detail from company financial statements.

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    Financials

    RBCAASYBTGABCCTBILKFNBYMedian
    NameRepublic.Stock Ya.German A.Communit.Lakeland.Byline B. 
    Mkt Price91.2881.3447.9975.1662.1138.1268.63
    Mkt Cap1.82.41.81.41.61.71.7
    Rev LTM396398376291275450386
    Op Inc LTM-------
    FCF LTM141146153101107165144
    FCF 3Y Avg13512911896103158123
    CFO LTM152159158108121167155
    CFO 3Y Avg143139123103113162131

    Growth & Margins

    RBCAASYBTGABCCTBILKFNBYMedian
    NameRepublic.Stock Ya.German A.Communit.Lakeland.Byline B. 
    Rev Chg LTM0.4%12.2%59.7%13.5%6.8%11.0%11.6%
    Rev Chg 3Y Avg6.4%6.7%16.6%8.3%3.2%10.9%7.5%
    Rev Chg Q-11.3%9.7%18.0%12.1%9.3%8.3%9.5%
    QoQ Delta Rev Chg LTM-3.7%2.3%4.1%2.8%2.2%1.9%2.2%
    Op Inc Chg LTM-------
    Op Inc Chg 3Y Avg-------
    Op Mgn LTM-------
    Op Mgn 3Y Avg-------
    QoQ Delta Op Mgn LTM-------
    CFO/Rev LTM38.4%39.8%42.1%37.1%43.9%37.1%39.1%
    CFO/Rev 3Y Avg37.0%38.4%43.0%39.9%43.6%39.1%39.5%
    FCF/Rev LTM35.7%36.6%40.8%34.7%38.8%36.6%36.6%
    FCF/Rev 3Y Avg35.0%35.6%41.1%37.0%40.0%38.1%37.6%

    Valuation

    RBCAASYBTGABCCTBILKFNBYMedian
    NameRepublic.Stock Ya.German A.Communit.Lakeland.Byline B. 
    Mkt Cap1.82.41.81.41.61.71.7
    P/S4.56.04.84.75.73.84.7
    P/Op Inc-------
    P/EBIT-------
    P/E14.116.713.313.114.312.213.7
    P/CFO11.715.111.412.613.010.212.1
    Total Yield9.1%7.6%10.0%10.3%10.3%9.3%9.6%
    Dividend Yield1.9%1.6%2.4%2.7%3.3%1.1%2.2%
    FCF Yield 3Y Avg9.7%6.6%8.5%9.7%6.6%12.8%9.1%
    D/E0.20.10.10.10.00.30.1
    Net D/E-0.5-0.1-0.6-0.3-0.3-0.6-0.4

    Returns

    RBCAASYBTGABCCTBILKFNBYMedian
    NameRepublic.Stock Ya.German A.Communit.Lakeland.Byline B. 
    1M Rtn7.7%11.2%6.7%10.0%3.8%8.4%8.1%
    3M Rtn24.9%15.9%11.5%16.3%4.1%15.4%15.7%
    6M Rtn29.6%21.1%22.3%29.6%7.5%27.2%24.8%
    12M Rtn24.8%3.9%21.0%36.9%-1.6%39.2%22.9%
    3Y Rtn113.9%82.2%84.6%128.4%24.6%103.3%93.9%
    1M Excs Rtn7.6%11.0%6.6%9.8%3.6%8.3%8.0%
    3M Excs Rtn16.5%7.6%3.8%9.2%-3.5%8.7%8.1%
    6M Excs Rtn19.5%11.6%12.5%20.0%-1.7%16.9%14.7%
    12M Excs Rtn4.4%-14.6%1.6%17.4%-20.7%20.3%3.0%
    3Y Excs Rtn62.4%30.1%28.4%65.5%-33.1%44.6%37.4%

    Comparison Analyses

    null

    FDIC Bank Data

    Bank Assets

    Bank Loans

    Financials

    $ Mil | FY: 12/312026Q12025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q2
    Period End3/31/202612/31/20259/30/20256/30/20253/31/202512/31/20249/30/20246/30/20243/31/202412/31/20239/30/20236/30/2023
    Filing Date5/7/20263/6/202611/6/20258/7/20255/8/20253/6/202511/7/20248/8/20245/9/20243/14/202411/3/20238/4/2023
    Key Financials Quarterly            
    Total Revenue119939292134888785119807883
    Net Income432330314719272531202221
    EPS2.181.171.531.622.430.991.371.311.591.011.111.07
    Key Financials TTM            
    Total Revenue TTM396411406401394379371362359354349344
    Net Income TTM1271311281241181011029793908988
    Growth Rates Quarterly            
    Total Revenue Growth-11.3%5.4%6.1%8.1%12.8%9.9%11.6%3.2%4.5%6.6%7.0%21.6%
    Net Income Growth-9.9%20.0%12.1%24.9%54.4%-3.3%23.0%19.7%8.9%6.2%8.4%-13.5%
    Margins Quarterly            
    Net Income Margin35.8%24.6%32.4%34.1%35.2%21.6%30.7%29.5%25.7%24.6%27.8%25.4%
    Cash & Debt            
    Total Cash1,3128911,0699801,1751,0169988811,134908821846
    Total Debt398538409405407432407403304416502556
    Net Debt / (Cash)-914-353-661-574-768-584-591-479-830-492-319-290
    Cash Flows Quarterly            
    FCF from Operations733333138923514712221-6
    Cash Flows TTM            
    FCF from Operations TTM152168157175167149149119109109106125
    Returns to Shareholders Quarterly            
    Dividends999988887777
    Share Repurchases-0-0-0-0-0-0-0-0-049-0
    Return on Invested Capital (ROIC) Quarterly            
    ROIC------------
    Return on Invested Capital (ROIC) TTM            
    ROIC TTM------------

    Segment Financials

    Revenue by Segment
    $ Mil20252024202320222021
    Traditional Banking274242234203189
    Republic Credit Solutions6465974234
    Tax Refund Solutions4850465240
    Republic Payment Solutions1715198 
    Warehouse Lending151391425
    Mortgage Banking   721
    Total417385406327309


    Operating Income by Segment
    $ Mil20152014201320122011
    Traditional Banking3533368439
    Warehouse Lending105   
    Republic Processing Group87-095 
    Mortgage Banking-0-1451
    Tax Refund Solutions    105
    Total534440184144


    Net Income by Segment
    $ Mil20252024202320222021
    Traditional Banking6456474136
    Republic Credit Solutions2824181716
    Tax Refund Solutions22692313
    Republic Payment Solutions109124 
    Warehouse Lending875916
    Mortgage Banking   -27
    Total131101909188


    Assets by Segment
    $ Mil20252024202320222021
    Traditional Banking5,8175,6085,5204,8954,718
    Warehouse Lending755552340405851
    Republic Payment Solutions315335366363 
    Republic Credit Solutions123134140113110
    Tax Refund Solutions3221822946372
    Mortgage Banking   1444
    Total7,0426,8476,5955,8366,094


    Price Behavior

    Price Behavior
    Market Price$91.28 
    Market Cap ($ Bil)1.8 
    First Trading Date07/22/1998 
    Distance from 52W High-1.6% 
       50 Days200 Days
    DMA Price$84.47$73.41
    DMA Trendupup
    Distance from DMA8.1%24.3%
     3M1YR
    Volatility26.7%25.7%
    Downside Capture-64.4031.25
    Upside Capture49.9150.49
    Correlation (SPY)-7.1%21.0%
    RBCAA Betas & Captures as of 6/30/2026

     1M2M3M6M1Y3Y
    Beta-0.31-0.09-0.030.240.470.68
    Up Beta-1.49-0.90-0.190.250.640.74
    Down Beta-0.00-0.04-0.120.170.300.57
    Up Capture62%76%56%49%47%54%
    Bmk +ve Days11244067140429
    Stock +ve Days16284169128385
    Down Capture-73%-51%-62%-5%45%83%
    Bmk -ve Days10172358112321
    Stock -ve Days5132256123359

    [1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
    Based On 1-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with RBCAA
    RBCAA23.8%25.7%0.79-
    Sector ETF (XLF)8.1%14.6%0.3247.4%
    Equity (SPY)20.3%12.6%1.1921.0%
    Gold (GLD)21.6%28.1%0.69-9.1%
    Commodities (DBC)31.4%19.1%1.30-17.9%
    Real Estate (VNQ)15.0%14.0%0.7643.6%
    Bitcoin (BTCUSD)-44.6%42.9%-1.258.9%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How
    Based On 5-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with RBCAA
    RBCAA17.9%27.8%0.60-
    Sector ETF (XLF)10.7%18.5%0.4555.3%
    Equity (SPY)12.9%17.1%0.5839.2%
    Gold (GLD)17.3%18.4%0.76-3.6%
    Commodities (DBC)8.9%19.5%0.353.5%
    Real Estate (VNQ)2.9%18.9%0.0542.0%
    Bitcoin (BTCUSD)14.9%53.4%0.4615.7%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How
    Based On 10-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with RBCAA
    RBCAA15.5%32.9%0.52-
    Sector ETF (XLF)13.7%22.0%0.5663.6%
    Equity (SPY)15.2%17.9%0.7248.9%
    Gold (GLD)11.2%16.1%0.57-5.3%
    Commodities (DBC)7.2%17.9%0.3214.8%
    Real Estate (VNQ)5.1%20.7%0.2147.4%
    Bitcoin (BTCUSD)58.7%66.2%0.9914.9%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How

    Short Interest

    Short Interest: As Of Date6302026
    Short Interest: Shares Quantity0.3 Mil
    Short Interest: % Change Since 615202654.8%
    Average Daily Volume0.2 Mil
    Days-to-Cover Short Interest2.2 days
    Basic Shares Quantity19.5 Mil
    Short % of Basic Shares1.8%

    Returns Analyses

    Earnings Returns History

    Updated 7/20/2026
    Expand for More
     Forward Returns
    Earnings Date1D Returns5D Returns21D Returns
    4/23/20266.0%3.5%9.8%
    1/30/20261.7%4.2%-2.2%
    10/17/20253.8%1.0%-2.2%
    7/18/20250.1%-4.0%-5.4%
    4/24/20251.2%1.5%5.4%
    1/24/2025-2.4%-4.6%-5.1%
    10/18/20242.0%0.6%12.5%
    7/19/2024-1.0%9.0%-3.7%
    ...
    SUMMARY STATS   
    # Positive171413
    # Negative71011
    Median Positive1.4%3.6%6.3%
    Median Negative-1.5%-3.8%-5.1%
    Max Positive6.0%10.4%18.0%
    Max Negative-2.5%-7.4%-7.7%
     Collapse to Preview
     Forward Returns
    Earnings Date1D Returns5D Returns21D Returns
    4/23/20266.0%3.5%9.8%
    1/30/20261.7%4.2%-2.2%
    10/17/20253.8%1.0%-2.2%
    7/18/20250.1%-4.0%-5.4%
    4/24/20251.2%1.5%5.4%
    1/24/2025-2.4%-4.6%-5.1%
    10/18/20242.0%0.6%12.5%
    7/19/2024-1.0%9.0%-3.7%
    4/25/20240.4%3.5%4.3%
    1/26/20241.4%-3.8%-7.7%
    10/20/2023-1.7%-0.9%7.0%
    7/21/20230.0%-0.9%-2.6%
    4/20/20231.2%-3.9%0.9%
    1/27/20231.6%7.7%5.0%
    10/21/20224.6%9.5%6.3%
    7/22/2022-1.5%-7.4%-6.9%
    4/21/2022-2.5%-6.5%-6.6%
    1/28/20221.4%0.1%-5.6%
    10/22/20210.3%1.2%2.7%
    7/23/20213.2%3.7%6.4%
    4/22/2021-0.6%-1.7%-0.3%
    1/29/2021-1.4%6.9%18.0%
    10/16/20204.8%10.4%15.8%
    7/17/20201.4%-0.7%2.6%
    SUMMARY STATS   
    # Positive171413
    # Negative71011
    Median Positive1.4%3.6%6.3%
    Median Negative-1.5%-3.8%-5.1%
    Max Positive6.0%10.4%18.0%
    Max Negative-2.5%-7.4%-7.7%

    SEC Filings

    Expand for More
    Report DateFiling DateFiling
    03/31/202605/07/202610-Q
    12/31/202503/06/202610-K
    09/30/202511/06/202510-Q
    06/30/202508/07/202510-Q
    03/31/202505/08/202510-Q
    12/31/202403/06/202510-K
    09/30/202411/07/202410-Q
    06/30/202408/08/202410-Q
    03/31/202405/09/202410-Q
    12/31/202303/14/202410-K
    09/30/202311/03/202310-Q
    06/30/202308/04/202310-Q
    03/31/202305/05/202310-Q
    12/31/202203/03/202310-K
    09/30/202211/04/202210-Q
    06/30/202208/05/202210-Q
     Collapse to Preview
    Report DateFiling DateFiling
    03/31/202605/07/202610-Q
    12/31/202503/06/202610-K
    09/30/202511/06/202510-Q
    06/30/202508/07/202510-Q
    03/31/202505/08/202510-Q
    12/31/202403/06/202510-K
    09/30/202411/07/202410-Q
    06/30/202408/08/202410-Q
    03/31/202405/09/202410-Q
    12/31/202303/14/202410-K
    09/30/202311/03/202310-Q
    06/30/202308/04/202310-Q
    03/31/202305/05/202310-Q
    12/31/202203/03/202310-K
    09/30/202211/04/202210-Q
    06/30/202208/05/202210-Q
    03/31/202205/06/202210-Q
    12/31/202103/01/202210-K
    09/30/202111/05/202110-Q
    06/30/202108/06/202110-Q
    03/31/202105/06/202110-Q
    12/31/202002/26/202110-K
    09/30/202011/06/202010-Q
    06/30/202008/07/202010-Q
    03/31/202005/08/202010-Q
    12/31/201903/13/202010-K
    09/30/201911/08/201910-Q
    06/30/201908/09/201910-Q

    Insider Activity

    Updated 7/2/2026
    Expand for More
    #OwnerTitleHoldingActionFiling DatePriceSharesTransacted
    Value    		Value of
    Held Shares    		Form
    1Ames, ChristyEVP, GENERAL COUNSELDirectSell612202687.9034029,886540,113Form
    2Powell, Anthony TEVP, CHIEF LENDING OFFICERDirectSell612202683.543,000250,6132,062,599Form
    3Sanchez, Alejandro MDirectSell302202671.041,044  Form
    4Trager, ScottVICE CHAIRMAN401(k) PlanBuy302202671.1314810,5004,103,078Form
    5Starke, JeffEVP, CHIEF INFORMATION OFFICERDirectSell1215202573.3113710,043423,218Form
     Collapse to Preview
    #OwnerTitleHoldingActionFiling DatePriceSharesTransacted
    Value    		Value of
    Held Shares    		Form
    1Ames, ChristyEVP, GENERAL COUNSELDirectSell612202687.9034029,886540,113Form
    2Powell, Anthony TEVP, CHIEF LENDING OFFICERDirectSell612202683.543,000250,6132,062,599Form
    3Sanchez, Alejandro MDirectSell302202671.041,044  Form
    4Trager, ScottVICE CHAIRMAN401(k) PlanBuy302202671.1314810,5004,103,078Form
    5Starke, JeffEVP, CHIEF INFORMATION OFFICERDirectSell1215202573.3113710,043423,218Form
    6Ames, ChristyEVP, GENERAL COUNSELDirectSell917202575.7940030,316359,134Form
    7Montano, JuanEVP, CHIEF MTG BANKING OFFICER401(k) PlanSell915202575.531,22392,391334,891Form

    Republic Bancorp — Investor Video Playlist

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