Tearsheet

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 11%, Dividend Yield is 2.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.5%, FCF Yield is 10%

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 -44%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 39%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 37%

Low stock price volatility
Vol 12M is 25%

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 -1.1%, Dist 3Y High is -1.1%

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 11%, Dividend Yield is 2.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.5%, FCF Yield is 10%
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 -44%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 39%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 37%
3 Low stock price volatility
Vol 12M is 25%
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 -1.1%, Dist 3Y High is -1.1%
6 Key risks
RBCAA key risks include [1] challenges integrating the CBank acquisition to achieve expected synergies, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Republic Bancorp (RBCAA) stock has gained about 10% since 12/31/2025 because of the following key factors:

1. Sustained Dividend Growth and Shareholder Returns.

Republic Bancorp announced a 10% increase in its quarterly cash dividend to $0.495 per share of Class A Common Stock on January 21, 2026, marking the 28th consecutive year of dividend increases.

2. Robust Full-Year 2025 Financial Performance and Positive Q1 2026 Outlook.

Despite missing Q4 2025 EPS estimates by 10.69% with reported EPS of $1.17 against an estimate of $1.31, Republic Bancorp achieved a 20% increase in net income for Q4 2025 year-over-year and record net income for the full year 2025. Looking ahead, the company anticipates a significant sequential rebound in Q1 2026 earnings, partly driven by an expected $6 million gain from the sale of its RBF operations.

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Stock Movement Drivers

Fundamental Drivers

The 10.2% change in RBCAA stock from 12/31/2025 to 4/18/2026 was primarily driven by a 10.2% change in the company's P/E Multiple.
(LTM values as of)123120254182026Change
Stock Price ($)68.4975.4710.2%
Change Contribution By: 
Total Revenues ($ Mil)4064060.0%
Net Income Margin (%)31.4%31.4%0.0%
P/E Multiple10.611.710.2%
Shares Outstanding (Mil)20200.0%
Cumulative Contribution10.2%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/18/2026
ReturnCorrelation
RBCAA10.2% 
Market (SPY)-5.4%26.6%
Sector (XLF)-4.3%45.4%

Fundamental Drivers

The 5.9% change in RBCAA stock from 9/30/2025 to 4/18/2026 was primarily driven by a 4.8% change in the company's P/E Multiple.
(LTM values as of)93020254182026Change
Stock Price ($)71.2975.475.9%
Change Contribution By: 
Total Revenues ($ Mil)4014061.3%
Net Income Margin (%)31.0%31.4%1.2%
P/E Multiple11.111.74.8%
Shares Outstanding (Mil)1920-1.5%
Cumulative Contribution5.9%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/18/2026
ReturnCorrelation
RBCAA5.9% 
Market (SPY)-2.9%24.4%
Sector (XLF)-2.3%48.5%

Fundamental Drivers

The 21.3% change in RBCAA stock from 3/31/2025 to 4/18/2026 was primarily driven by a 17.3% change in the company's Net Income Margin (%).
(LTM values as of)33120254182026Change
Stock Price ($)62.2075.4721.3%
Change Contribution By: 
Total Revenues ($ Mil)3794067.2%
Net Income Margin (%)26.7%31.4%17.3%
P/E Multiple12.111.7-3.3%
Shares Outstanding (Mil)2020-0.2%
Cumulative Contribution21.3%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/18/2026
ReturnCorrelation
RBCAA21.3% 
Market (SPY)16.3%39.9%
Sector (XLF)6.3%52.8%

Fundamental Drivers

The 93.6% change in RBCAA stock from 3/31/2023 to 4/18/2026 was primarily driven by a 36.8% change in the company's P/E Multiple.
(LTM values as of)33120234182026Change
Stock Price ($)38.9875.4793.6%
Change Contribution By: 
Total Revenues ($ Mil)30940631.6%
Net Income Margin (%)29.5%31.4%6.3%
P/E Multiple8.511.736.8%
Shares Outstanding (Mil)20201.1%
Cumulative Contribution93.6%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/18/2026
ReturnCorrelation
RBCAA93.6% 
Market (SPY)63.3%37.6%
Sector (XLF)70.3%55.4%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
RBCAA Return45%-17%39%30%1%7%136%
Peers Return47%-2%-7%26%-2%11%85%
S&P 500 Return27%-19%24%23%16%3%87%

Monthly Win Rates [3]
RBCAA Win Rate75%25%58%58%58%75% 
Peers Win Rate65%43%42%55%52%70% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
RBCAA Max Drawdown-1%-23%-6%-14%-13%-2% 
Peers Max Drawdown-2%-17%-33%-12%-17%-2% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[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 4/17/2026 (YTD)

How Low Can It Go

Unique KeyEventRBCAAS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-33.1%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven49.4%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven654 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-41.5%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven70.8%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven170 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-28.3%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven39.4%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven190 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-57.8%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven137.0%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven2,804 days1,480 days

Compare to SYBT, GABC, CTBI, LKFN, BY

In The Past

Republic Bancorp's stock fell -33.1% during the 2022 Inflation Shock from a high on 11/8/2021. A -33.1% loss requires a 49.4% gain to breakeven.

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About Republic Bancorp (RBCAA)

Republic Bancorp, Inc., a financial holding company, provides various banking products and services in the United States. It operates in five segments: Traditional Banking, Warehouse, Mortgage Banking, Tax Refund Solutions, and Republic Credit Solutions. The company accepts demand, money market accounts, savings, individual retirement accounts, time, brokered, and other certificates of deposit. Its loan products include residential real estate, commercial real estate, construction and land development, home improvement and home equity, secured and unsecured personal, and aircraft loans. The company also offers credit cards; title insurance and other financial products and services; and memory banking, private banking, lockbox processing, remote deposit capture, business online banking, account reconciliation, automated clearing house processing, and internet and mobile banking services. In addition, it provides short-term and revolving credit facilities to mortgage bankers; tax refund solutions, which facilitate the receipt and payment of federal and state tax refund products through third-party tax preparers and tax-preparation software providers; and general purpose reloadable prepaid cards through third party service providers. Further, the company offers consumer credit products; and property and casualty insurance products. As of January 28, 2022, it operated 42 full-service banking centers. Republic Bancorp, Inc. was incorporated in 1974 and is headquartered in Louisville, Kentucky.

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

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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.

Trade Ideas

Select ideas related to RBCAA.

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JKHY_3272026_Monopoly_xInd_xCD_Getting_Cheaper03272026JKHYJack Henry & AssociatesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
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MKTX_3202026_Dip_Buyer_FCFYield03202026MKTXMarketAxessDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
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RBCAA_12312024_Quality_Momentum_RoomToRun_10%12312024RBCAARepublic BancorpQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
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9.5%1.3%-12.8%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

RBCAASYBTGABCCTBILKFNBYMedian
NameRepublic.Stock Ya.German A.Communit.Lakeland.Byline B. 
Mkt Price75.4772.5744.1467.0461.3233.7264.18
Mkt Cap1.52.11.71.21.61.51.5
Rev LTM406390361283269442376
Op Inc LTM-------
FCF LTM14915415497104136143
FCF 3Y Avg13012911591102157122
CFO LTM157166159105115140149
CFO 3Y Avg13713912199110161129

Growth & Margins

RBCAASYBTGABCCTBILKFNBYMedian
NameRepublic.Stock Ya.German A.Communit.Lakeland.Byline B. 
Rev Chg LTM9.5%12.9%68.2%13.7%6.1%9.4%11.2%
Rev Chg 3Y Avg10.6%7.7%16.8%7.7%3.6%11.5%9.2%
Rev Chg Q6.1%11.8%47.3%13.8%9.8%12.1%12.0%
QoQ Delta Rev Chg LTM1.3%2.9%9.3%3.3%2.4%2.9%2.9%
Op Inc Chg LTM-------
Op Inc Chg 3Y Avg-------
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM38.7%42.6%44.1%37.2%42.7%31.8%40.7%
CFO/Rev 3Y Avg36.4%38.7%43.8%38.9%43.1%39.5%39.2%
FCF/Rev LTM36.7%39.5%42.6%34.5%38.6%30.9%37.6%
FCF/Rev 3Y Avg34.6%35.9%41.8%36.0%39.8%38.5%37.3%

Valuation

RBCAASYBTGABCCTBILKFNBYMedian
NameRepublic.Stock Ya.German A.Communit.Lakeland.Byline B. 
Mkt Cap1.52.11.71.21.61.51.5
P/S3.75.54.64.35.83.44.4
P/Op Inc-------
P/EBIT-------
P/E11.715.214.712.315.211.713.5
P/CFO9.512.810.411.513.710.811.2
Total Yield10.8%6.6%9.4%11.1%9.9%9.8%9.8%
Dividend Yield2.2%0.0%2.6%3.0%3.3%1.2%2.4%
FCF Yield 3Y Avg10.7%7.0%9.6%10.0%6.3%13.3%9.8%
D/E0.30.20.10.10.10.30.1
Net D/E-0.40.1-0.7-0.4-0.3-0.6-0.4

Returns

RBCAASYBTGABCCTBILKFNBYMedian
NameRepublic.Stock Ya.German A.Communit.Lakeland.Byline B. 
1M Rtn10.4%15.2%10.8%13.8%10.1%11.0%10.9%
3M Rtn5.0%6.4%10.3%13.5%4.2%10.2%8.3%
6M Rtn7.7%10.2%17.3%30.8%4.3%29.7%13.8%
12M Rtn20.8%9.6%27.6%47.3%19.6%41.6%24.2%
3Y Rtn103.8%54.1%53.2%108.3%18.1%77.5%65.8%
1M Excs Rtn4.0%9.3%5.4%8.6%3.9%4.8%5.1%
3M Excs Rtn1.6%3.4%6.7%10.4%1.4%6.7%5.0%
6M Excs Rtn0.2%-0.6%8.2%21.5%-6.0%17.7%4.2%
12M Excs Rtn-9.1%-20.8%-3.2%15.8%-10.3%11.6%-6.1%
3Y Excs Rtn28.8%-24.8%-22.5%29.7%-58.0%2.1%-10.2%

Comparison Analyses

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FDIC Bank Data

Financials

Segment Financials

Revenue by Segment
$ Mil20242023202220212020
Traditional Banking234203189187199
Republic Credit Solutions9742342835
Tax Refund Solutions4652404643
Republic Payment Solutions198   
Warehouse Lending914252616
Mortgage Banking 7213310
Interchange related expense    -5
Total406327309319298


Net Income by Segment
$ Mil20242023202220212020
Traditional Banking4741362051
Republic Credit Solutions1817161716
Republic Payment Solutions124   
Tax Refund Solutions923131212
Warehouse Lending5916169
Mortgage Banking -27183
Total9091888392


Assets by Segment
$ Mil20242023202220212020
Traditional Banking5,5204,8954,7184,7504,684
Republic Payment Solutions366363   
Warehouse Lending340405851963718
Tax Refund Solutions2294637228687
Republic Credit Solutions140113110107105
Mortgage Banking 14446226
Total6,5955,8366,0946,1685,620


Price Behavior

Price Behavior
Market Price$75.47 
Market Cap ($ Bil)1.5 
First Trading Date07/22/1998 
Distance from 52W High-1.1% 
   50 Days200 Days
DMA Price$70.67$70.51
DMA Trendindeterminateindeterminate
Distance from DMA6.8%7.0%
 3M1YR
Volatility25.8%25.0%
Downside Capture0.030.28
Upside Capture45.3665.01
Correlation (SPY)27.6%37.7%
RBCAA Betas & Captures as of 3/31/2026

 1M2M3M6M1Y3Y
Beta0.550.420.540.510.550.75
Up Beta1.860.451.751.000.540.85
Down Beta-0.060.010.400.500.480.61
Up Capture116%63%43%33%49%57%
Bmk +ve Days7162765139424
Stock +ve Days12223058124375
Down Capture35%50%33%45%69%89%
Bmk -ve Days12233358110323
Stock -ve Days10203367125369

[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
RBCAA23.1%25.0%0.78-
Sector ETF (XLF)12.1%15.3%0.5555.1%
Equity (SPY)21.1%12.9%1.3238.2%
Gold (GLD)50.9%27.5%1.49-11.0%
Commodities (DBC)25.2%16.2%1.40-4.5%
Real Estate (VNQ)17.5%13.7%0.9342.4%
Bitcoin (BTCUSD)-7.8%42.6%-0.0816.8%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with RBCAA
RBCAA13.9%27.7%0.48-
Sector ETF (XLF)10.0%18.7%0.4256.5%
Equity (SPY)10.8%17.1%0.4941.1%
Gold (GLD)22.6%17.8%1.04-2.5%
Commodities (DBC)11.6%18.8%0.516.8%
Real Estate (VNQ)4.4%18.8%0.1441.0%
Bitcoin (BTCUSD)5.2%56.5%0.3114.9%

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
RBCAA14.9%32.8%0.50-
Sector ETF (XLF)13.4%22.2%0.5563.9%
Equity (SPY)14.0%17.9%0.6750.0%
Gold (GLD)14.3%15.9%0.75-5.8%
Commodities (DBC)8.5%17.6%0.4016.7%
Real Estate (VNQ)5.6%20.7%0.2446.9%
Bitcoin (BTCUSD)68.4%66.9%1.0714.6%

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

Short Interest

Short Interest: As Of Date3312026
Short Interest: Shares Quantity0.1 Mil
Short Interest: % Change Since 315202617.3%
Average Daily Volume0.1 Mil
Days-to-Cover Short Interest1.6 days
Basic Shares Quantity19.7 Mil
Short % of Basic Shares0.8%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
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%
...
SUMMARY STATS   
# Positive171413
# Negative71011
Median Positive1.4%4.0%5.4%
Median Negative-1.5%-3.8%-5.1%
Max Positive4.8%17.6%18.0%
Max Negative-2.5%-7.4%-7.7%

SEC Filings

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Report DateFiling DateFiling
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

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Starke, JeffEVP, CHIEF INFORMATION OFFICERDirectSell1215202573.3113710,043423,218Form
2Ames, ChristyEVP, GENERAL COUNSELDirectSell917202575.7940030,316359,134Form
3Montano, JuanEVP, CHIEF MTG BANKING OFFICER401(k) PlanSell915202575.531,22392,391334,891Form
4Ames, ChristyEVP, GENERAL COUNSELDirectSell611202570.5070049,350355,571Form
5Trager, ScottVICE CHAIRMAN401(k) PlanBuy604202568.7343730,0013,871,372Form