The financials
Republic Bancorp, Inc. by the numbers
Republic Bancorp, Inc. (RBCAA) reported revenue of $114M in Q1 2026 (quarter ended March 31, 2026), down 12% from the same quarter a year earlier. That came with net income of $43M (37% of revenue). For the full year FY2025, revenue was $439M (+1.3% year on year) and net income $131M. Its largest segment in 2026-Q2 was Republic Credit Solutions Division at $19M, 62% of the disclosed total, just ahead of Core Banking Activities at 13%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $114M | $130M | −12% |
| Net income | $43M | $47M | −9.9% |
| Diluted EPS | $2.15 | $2.39 | −10% |
| Operating | Revenue | Share |
|---|---|---|
| Republic Credit Solutions Division | $19M | 62% |
| Core Banking Activities | $4.1M | 13% |
| Traditional Banking | $4.0M | 13% |
| Tax Refund Solutions | $3.2M | 11% |
| Warehouse Lending | $23K | 0.1% |
| Republic Payment Solutions | $1K | 0.0% |
| Republic Processing Group | $1K | 0.0% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $30.2M (+75%)
Tax Refund Solutions grew +25% year on yearRepublic Processing Group -100% year on year
Segment Latestquarter on quarteryear on year
- Republic Credit Solutions Division$18.9M$18.9MQoQ +1886400%year on year +15%+1886400%+15%
- Core Banking Activities$4.1M$4.1MQoQ +4.8%year on year +16%+4.8%+16%
- Traditional Banking$4.0M$4.0MQoQ +4.8%year on year +16%+4.8%+16%
- Tax Refund Solutions$3.2M$3.2MQoQ -66%year on year +25%-66%+25%
- Warehouse Lending$23.0K$23.0KQoQ +4.5%year on year 0.00%+4.5%0.00%
- Republic Payment Solutions$1.0K$1.0KQoQ 0.00%year on year 0.00%0.00%0.00%
- Republic Processing Group$1.0K$1.0KQoQ -50%year on year -100%-50%-100%