Republic Bancorp (RBCAA)
Runs branch banking, warehouse lending, tax-refund products, payments, and small-dollar credit.
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Combines a Louisville-centered branch bank with national specialty platforms for mortgage warehouse lines, tax refund products, payments, and small-dollar credit. Family-led governance and tax-provider relationships shape a business that mixes community banking with non-branch processing.
Operates through Republic Bank & Trust Company, pairing Traditional Banking with Warehouse Lending, Tax Refund Solutions, Republic Payment Solutions, and Republic Credit Solutions. Branch banking is concentrated in Kentucky, Florida, Indiana, Tennessee, and Ohio, while warehouse lending, tax-refund products, payments, and small-dollar credit reach customers through national channels.
Execution depends on community-bank deposit gathering, credit underwriting, mortgage-banker relationships, and third-party partners such as tax preparers, software providers, and payment program managers. Equipment finance adds another specialty lane through Republic Bank Finance.
Governance remains family-led under Steven E. Trager, and the dual-class share structure concentrates voting power. The business also depends on bank regulation, FDIC-insured deposit confidence, tax-season partner contracts, and controls around newer processing products.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
No analyst notes in the last 24 months.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $354.1M · Total debt $255.7M · Total assets $7.06B · Shareholders' equity $1.16B
- Revenue
- $128.7M
- Operating income
- $49.1M
- Net income
- $32.9M
HistoryDividendAnnual yield
| Institutions | ≈ 29.07% | 5.70M shares | |
|---|---|---|---|
| 161 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 5.36% | 1.05M shares | |
| 25 holders · as of Sep 3, 2026 | |||
| Other | ≈ 65.57% | 12.86M shares | |
| remainder | |||
19.62M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (19.62M in the company's Sep 22, 2026 report, 17.48M elsewhere); stakes use the report.
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Dimensional Fund Advisors LPInstitution | 4.76% | 933,059 A | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 4.03% | 790,340 A | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 3.20% | 628,312 A | as of Jun 30, 2026 |
Kusman Andrew TragerInsiderdirector | 2.34% | 368,848 A · 89,390 B | filed May 12, 2026 |
American Century Companies IncInstitution | 2.03% | 397,375 A | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 11, 2026 | Christy Ames | officer: EVP, GENERAL COUNSEL | −340 | $87.90 |
| Jun 10, 2026 | Anthony T. Powell | officer: EVP, CHIEF LENDING OFFICER | −3,000 | $83.54 |
| Feb 26, 2026 | Scott Trager | director, 10 percent owner, officer: VICE CHAIRMAN | +148 | $71.13 |
| Feb 26, 2026 | Alejandro M. Sanchez | director | −1,044 | $71.04 |
| Dec 11, 2025 | Jeff Starke | officer: EVP, CHIEF INFORMATION OFFICER | −137 | $73.31 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Republic Bancorp | $94.73 | +1.03% | $1.64B | 14.5 | 14.0 | 3.2 | +9.7% |
| Fifth Third | $52.96 | −0.67% | $48.32B | 18.2 | 12.2 | 3.2 | +45.2% |
| Pathward Financial | $75.00 | −1.19% | $1.60B | 9.5 | 8.0 | 2.0 | −3.1% |
| Stock Yards Bancorp | $78.73 | −0.10% | $2.33B | 15.7 | 14.6 | 4.2 | +17.2% |
| First Financial Bancorp | $31.56 | −0.57% | $3.33B | 11.2 | 9.9 | 2.5 | +16.7% |
| Enova International | $170.28 | −0.63% | $4.27B | 12.7 | 8.9 | 1.4 | +21.6% |
| Merchants Bancorp | $52.34 | −0.02% | $2.40B | 10.5 | 9.2 | 1.8 | +2.3% |
| Green Dot | $13.28 | +0.95% | $745.3M | — | 8.3 | 0.3 | +17.3% |
| Customers Bancorp | $77.94 | −1.18% | $2.67B | 9.6 | 8.7 | 1.8 | +12.4% |
| Median | 11.2 | 9.0 | 1.9 | +17.0% |