RBCAA

MKT CAP:$1B

Republic Bancorp, Inc.

Market Cap

$1B

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$76.82+$8.81 (+12.95%)

Apr 23, 2026

Company Details

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 Cre...

CEO

Steven E. Trager

IPO Date

Jul 22, 1998

Website

www.republicbank.com

Key Metrics TTM

Revenue

$355M

-30.1% YoY

Net Income

$84M

EPS (Diluted)

$6.24

Free Cash Flow

$161M

Revenue / Share

$17.91

Gross Margin

74.5%

Operating Margin

29.8%

Net Margin

23.7%

FCF Margin

45.4%

P/S

3.6x

P/E

15.1x

Earnings Reports

Q1 2026

Apr 23, 2026

NEW

$0-100.0%EPS $1.98

FY 2025

Mar 6, 2026

$521M+4.3%EPS $6.63

Q4 2025

Mar 6, 2026

$119M+2.6%EPS $1.15

Q3 2025

Nov 6, 2025

$118M+1.2%EPS $1.52

Q2 2025

Aug 7, 2025

$118M+3.2%EPS $1.59

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$69M	$64M	$31M
Q3 22	$75M	$71M	$26M
Q4 22	$80M	$69M	$25M
Q1 23	$122M	$87M	$36M
Q2 23	$97M	$77M	$27M
Q3 23	$99M	$74M	$27M
Q4 23	$104M	$69M	$24M
Q1 24	$153M	$88M	$39M
Q2 24	$115M	$80M	$32M
Q3 24	$117M	$81M	$34M
Q4 24	$116M	$75M	$23M
Q1 25	$161M	$117M	$60M
Q2 25	$118M	$91M	$40M
Q3 25	$118M	$90M	$38M
Q4 25	$119M	$84M	$28M
Q1 26	$0	$0	$0

Valuation

Quarter	P/S	P/E
Q2 22	2.9x	10.7x
Q3 22	2.3x	8.7x
Q4 22	2.6x	8.8x
Q1 23	2.4x	9.0x
Q2 23	2.2x	9.4x
Q3 23	2.1x	9.4x
Q4 23	2.4x	11.3x
Q1 24	2.1x	10.4x
Q2 24	2.2x	10.6x
Q3 24	2.6x	12.4x
Q4 24	2.8x	13.6x
Q1 25	2.5x	10.6x
Q2 25	2.8x	11.6x
Q3 25	2.8x	11.2x
Q4 25	2.7x	10.5x
Q1 26	3.9x	16.4x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$81M	$81M
Q2 22	$14M	$12M
Q3 22	$40M	$39M
Q4 22	$20M	$19M
Q1 23	$71M	$69M
Q2 23	-$6M	-$8M
Q3 23	$21M	$20M
Q4 23	$22M	$21M
Q1 24	$71M	$69M
Q2 24	$3M	$2M
Q3 24	$51M	$50M
Q4 24	$24M	$23M
Q1 25	$93M	$92M
Q2 25	$8M	$5M
Q3 25	$33M	$31M
Q4 25	$33M	$34M

Capital Expenditures

Quarter	CapEx
Q1 22	$323.0K
Q2 22	$2M
Q3 22	$782.0K
Q4 22	$879.0K
Q1 23	$2M
Q2 23	$2M
Q3 23	$2M
Q4 23	$2M
Q1 24	$2M
Q2 24	$1M
Q3 24	$1M
Q4 24	$935.0K
Q1 25	$2M
Q2 25	$3M
Q3 25	$2M
Q4 25	$276.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	-4.1%	-8.2%
Q3 22	+3.5%	+6.0%
Q4 22	-21.0%	-11.4%
Q1 23	+29.3%	+48.2%
Q2 23	+40.7%	+85.5%
Q3 23	+32.4%	+47.4%
Q4 23	+30.0%	+46.7%
Q1 24	+25.6%	+33.5%
Q2 24	+17.7%	+16.5%
Q3 24	+18.4%	+15.9%
Q4 24	+10.8%	+14.5%
Q1 25	+5.7%	-11.1%
Q2 25	+3.2%	-5.5%
Q3 25	+1.2%	-3.1%
Q4 25	+2.6%	-1.6%
Q1 26	-100.0%	-100.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$689.0K	0.7%
Q2 22	$921.0K	1.3%
Q3 22	$731.0K	1.0%
Q4 22	$640.0K	0.8%
Q1 23	$769.0K	0.6%
Q2 23	$976.0K	1.0%
Q3 23	$506.0K	0.5%
Q4 23	$487.0K	0.5%
Q1 24	$461.0K	0.3%
Q2 24	$833.0K	0.7%
Q3 24	$600.0K	0.5%
Q4 24	$927.0K	0.8%
Q1 25	$422.0K	0.3%
Q2 25	$1M	0.9%
Q3 25	$728.0K	0.6%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q2 22	$29M	$2M
Q3 22	$28M	$2M
Q4 22	$26M	$2M
Q1 23	$31M	$2M
Q2 23	$31M	$3M
Q3 23	$29M	$2M
Q4 23	$27M	$2M
Q1 24	$30M	$2M
Q2 24	$30M	$3M
Q3 24	$30M	$2M
Q4 24	$32M	$3M
Q1 25	$32M	$1M
Q2 25	$32M	$1M
Q3 25	$32M	$3M
Q4 25	$38M	$2M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$795M	$622M	$1.4B
Q3 22	$754M	$630M	$1.4B
Q4 22	$314M	$620M	$934M
Q1 23	$249M	$613M	$862M
Q2 23	$242M	$604M	$846M
Q3 23	$220M	$601M	$821M
Q4 23	$317M	$591M	$908M
Q1 24	$546M	$588M	$1.1B
Q2 24	$400M	$481M	$881M
Q3 24	$531M	$467M	$998M
Q4 24	$432M	$343M	$775M
Q1 25	$793M	$382M	$1.2B
Q2 25	$485M	$495M	$980M
Q3 25	$484M	$585M	$1.1B
Q4 25	$220M	$0	$220M
Q1 26	$599M	$887M	$1.5B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	20M	-0.3%	-3.7%
Q3 22	20M	-0.9%	-3.0%
Q4 22	20M	0.0%	-2.0%
Q1 23	20M	-0.9%	-2.1%
Q2 23	20M	+0.6%	-1.3%
Q3 23	20M	-1.6%	-2.0%
Q4 23	20M	+0.5%	-1.5%
Q1 24	19M	-0.9%	-1.5%
Q2 24	20M	+0.1%	-1.9%
Q3 24	20M	+1.1%	+0.8%
Q4 24	20M	+0.2%	+0.5%
Q1 25	20M	+0.1%	+1.5%
Q2 25	20M	-0.0%	+1.4%
Q3 25	20M	-0.0%	+0.3%
Q4 25	20M	+0.0%	+0.1%
Q1 26	20M	+0.2%	+0.2%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$66.9K	1K
Q3 22	$72.0K	1K
Q4 22	$81.6K	984
Q1 23	$123.5K	984
Q2 23	$98.9K	984
Q3 23	$100.2K	984
Q4 23	$103.3K	1K
Q1 24	$151.2K	1K
Q2 24	$113.5K	1K
Q3 24	$115.7K	1K
Q4 24	$116.9K	989
Q1 25	$163.2K	989
Q2 25	$119.7K	989
Q3 25	$119.5K	989
Q4 25	$122.0K	973
Q1 26	$0	973

Revenue / Employee