Filing Flows › Republic Bancorp (RBCAA) › Q2 2026 › vs Q1 2026
Republic Bancorp (RBCAA) Q2 2026 vs Q1 2026 (quarter over quarter)
Republic Bancorp's revenue fell $19.1M (-16%) from $120M in Q1 2026 to $101M in Q2 2026. The biggest changes: Republic Processing Group −$15.5M (-37%); Core Banking −$3.6M (-5%). Operating margin 42.0% against 46.0% (-4.0 pts).
Republic Bancorp, Q2 2026: revenue $101M (+8% year over year), operating margin 42.0%, net earnings $32.9M, operating cash flow $1.1M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 42.0% | 46.0% | -4.0 pts |
| Net margin | 32.5% | 35.4% | -2.9 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Traditional Banking | $71.6M | $75.1M | −$3.5M | -5% |
| Republic Credit Solutions | $18.9M | $16.5M | $2.3M | +14% |
| Warehouse Lending | $3.8M | $3.9M | −$157K | -4% |
| Republic Payment Solutions | $3.8M | $3.8M | −$65K | -2% |
| Tax Refund Solutions | $3.3M | $21.0M | −$17.8M | -84% |
| Core Banking | $75.4M | $79.0M | −$3.6M | -5% |
| Republic Processing Group | $25.9M | $41.4M | −$15.5M | -37% |
| Revenue | $101M | $120M | −$19.1M | -16% |
| Operating profit | $42.5M | $55.4M | −$12.8M | -23% |
| Costs & expenses | $58.7M | $65.0M | −$6.3M | -10% |
| Pre-tax earnings | $42.5M | $55.4M | −$12.8M | -23% |
| Net earnings | $32.9M | $42.6M | −$9.7M | -23% |
| Income tax | $9.7M | $12.8M | −$3.1M | -24% |
| Operating cash sources | $35.9M | $44.8M | −$8.9M | -20% |
| Depreciation & amortization | $2.1M | $1.7M | $383K | +22% |
| Share-based compensation | $903K | $507K | $396K | +78% |
| Working capital & other | $34.8M | −$28.2M | $63.0M | — |
| Operating cash flow | $1.1M | $73.0M | −$71.9M | -99% |
| Capital expenditures | $1.2M | $4.9M | −$3.7M | -76% |
| Negative free cash flow (OCF − capex) | $120K | −$68.1M | $68.2M | — |
Questions
How much did Republic Bancorp's revenue grow quarter over quarter in Q2 2026?
Republic Bancorp's revenue fell $19.1M (-16%) from $120M in Q1 2026 to $101M in Q2 2026.
What drove Republic Bancorp's revenue change in Q2 2026?
Republic Processing Group −$15.5M (-37%); Core Banking −$3.6M (-5%).