Monitor next quarter for guidance on Tax Refund Solutions recovery and margin sustainability; the 37% decline in RPG income raises concerns about diversification.
Price Chart
Executive Summary
Republic Bancorp reported Q1 2026 diluted EPS of $2.18, a 10% decline from $2.42 YoY, driven by a $4.4M after-tax gain on sale of Republic Bank Finance partially offsetting a $8.4M after-tax impact from nonrenewal of a large Tax Provider contract. Core Bank net income rose 37% YoY, but overall results missed consensus of $2.42.
Key Financial Metrics
Key Facts
- Q1 2026 EPS of $2.18 missed consensus of $2.42 by 10%
- Core Bank net income increased 37% YoY to $23.8M, driven by net interest margin expansion
- Republic Processing Group net income declined 37% YoY to $18.8M due to nonrenewal of a large Tax Provider contract
- Adjusted net income increased 3% YoY to $39.9M after excluding nonrecurring items
Financial Impact
EPS miss of $0.24 vs consensus, $4.7M decline in net income YoY
Risk Factors
- Continued headwinds in Tax Refund Solutions segment
- Dependence on nonrecurring gains to offset declining segments
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-047276 |
| Document: 0001104659-26-047276-index.html | 0001104659-26-047276 |
| Document: 0001104659-26-047276.txt | 0001104659-26-047276 |
| 8-K Data (Synthetic) | 0001104659-26-047276 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | 8-K | $92.34 | awaiting T+60 | — | $91.81 (−0.57%) |
Jul 24, 2026 13w ago | 8-K | $93.63 $90.68 | ▼ −3.16% | ▼ −6.88% | $91.81 (−1.94%) |
Jul 20, 2026 13w ago | 8-K | $91.28 $91.16 | ▼ −0.13% | ▼ −4.10% | $91.81 (+0.58%) |
Jul 15, 2026 14w ago | 8-K | $92.32 $90.93 | ▼ −1.51% | ▼ −5.22% | $91.81 (−0.55%) |
May 20, 2026 22w ago | 8-K | $79.55 $96.76 | ▲ +21.63% | ▲ +17.33% | $91.81 (+15.41%) |
Apr 23, 2026 26w ago | 8-K | $76.82 $90.83 | ▲ +18.24% | ▲ +13.22% | $91.81 (+19.51%) |
Apr 23, 2026 26w ago | 8-K | $76.82 $90.83 | ▼ −18.24% | ▼ −13.22% | $91.81 (−19.51%) |
Mar 13, 2026 32w ago | DEFA14A | $68.02 $84.87 | ▲ +24.77% | ▲ +13.15% | $91.81 (+34.97%) |
Feb 24, 2026 34w ago | 8-K | $70.44 $78.43 | ▲ +11.35% | ▲ +4.40% | $91.81 (+30.34%) |
US Market Status
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