Short answer
REPUBLIC BANCORP INC /KY/ (RBCAA) filed an 8-K current report with the SEC on February 24, 2026 reporting Item 7.01 (Regulation FD Disclosure). RBF division sale to CAN Capital closed Feb 20, 2026: ~$81M in loans/leases transferred, ~$1M liabilities assumed.
REPUBLIC BANCORP INC /KY/ 8-K event analysis
AI summary of each reported item and its exhibits
Item 7.01 · Regulation FD Disclosure
- RBF division sale to CAN Capital closed Feb 20, 2026: ~$81M in loans/leases transferred, ~$1M liabilities assumed
- Purchase price = net book value of RBF assets/liabilities at closing plus fixed premium
- Bank books ~$6M pre-tax gain (net of broker commissions) in Q1 2026
- RBF originally acquired via March 2023 CBank acquisition: divestiture signals strategic portfolio pruning
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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