Key Highlights

  • Republic Bancorp's Dividend of $0.495 per Class A share and $0.45 per Class B share has a Record Date of September 18, 2026, payable October 16, yielding approximately 2.10% on Class A shares.
  • Second-quarter Net Income was $32.9 million, up approximately 4% year over year, with diluted EPS of $1.68.
  • Net interest Margin expanded to 4.99% from 4.61% a year earlier, supporting $81.7 million of net interest income.
  • Total Assets were approximately $7.06 billion and deposits were $5.55 billion, with return on average assets of 1.88% and return on average Equity of 11.42%.

Republic Bancorp's (NASDAQ:RBCAA) dividend of $0.495 per Class A share and $0.45 per Class B share yields approximately 2.10% on Class A shares and continues a long record of annual dividend increases, supported by second-quarter net interest margin expansion to 4.99% from 4.61% a year earlier. The two-class dividend structure means Class A and Class B rates are not interchangeable, and both should be reported distinctly when describing the payout.

Dividend Program and Shareholder Returns

Republic Bancorp's latest declared dividend is $0.495 per Class A common share and $0.45 per Class B common share, payable October 16, 2026 to shareholders of record September 18. The Q2 2026 10-Q records first-half 2026 dividends distributed of $0.99 per Class A share and $0.90 per Class B share, versus $0.90 and $0.82, respectively, in the first half of 2025.

About the Company

Republic Bancorp is the Parent Company of Republic Bank & Trust Company, a community banking organization serving Kentucky and surrounding markets, providing commercial and consumer banking, wealth management, insurance and other financial services.

Financial Performance Behind the Payout

Republic Bancorp reported Q2 2026 net income of $32.9 million, up approximately 4% year over year, with diluted EPS of $1.68. Net interest income was $81.7 million and net interest margin was 4.99%, up from 4.61% a year earlier. Return on average assets was 1.88% and return on average equity was 11.42%. Total assets were approximately $7.06 billion and deposits were $5.55 billion. First-half 2026 net income reached approximately $75.4 million.

Margin Expansion Drives Profitability Alongside Balance-Sheet Growth

The improvement in net interest margin to 4.99% from 4.61% a year earlier reflects a meaningful margin component to Earnings growth rather than balance-sheet expansion alone. The bank's diversified model, spanning traditional banking, wealth management, insurance and specialty financial services, provides fee and specialty-finance contributions beyond the core spread business, supporting the profitability profile reflected in the current dividend declaration.

Outlook

Republic Bancorp's dividend rates were maintained at $0.495 Class A and $0.45 Class B, consistent with the increased 2026 levels already reflected in the company's filings. Metrics relevant to the payout's context going forward include the durability of net interest margin at current levels, funding costs, and continued Diversification of earnings across the bank's specialty-finance businesses.