Republic Bancorp (RBCAA) investor relations material

Executive summary

• Achieved record second quarter net income of $32.9 million and diluted EPS of $1.68, both up 4% year-over-year.

• Return on average assets was 1.88% and return on average equity was 11.42% for the quarter.

• Core Bank franchise drove results, with strong loan growth and disciplined execution across markets.

• Launched Republic Payment Solutions program, expected to add over $150 million in lower-cost deposits in 2026.

• Received Raymond James Community Bankers Cup and inclusion in Forbes' World's Best Banks list.

Financial highlights

• Income before income tax expense rose 5% to $42.6 million for Q2 2026; net income up 4% to $32.9 million.

• Core Bank net income increased 22% to $22.8 million, driven by net interest income growth and lower provision for credit losses.

• Core Bank net interest income grew 7% to $64.1 million; net interest margin expanded 30 basis points to 4.02%.

• Traditional Banking average loans increased $59 million to $4.65 billion; Warehouse Lending average lines up 2% to $580 million.

Outlook and guidance

• Focus remains on disciplined growth, operational excellence, and long-term shareholder value.

• New RPS program expected to enhance liquidity, funding diversification, and fee income for the remainder of 2026.