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NYSE:FRC

First Republic Bank (FRC) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
N/A
50-Day Range
$2.30
$123.22
52-Week Range
N/A
Volume
16.16 million shs
Average Volume
36.30 million shs
Market Capitalization
$413.19 million
P/E Ratio
0.31
Dividend Yield
17.45%
Price Target
N/A

First Republic Bank MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.39
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.77) to $0.49 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.71 out of 5 stars

Finance Sector

646th out of 866 stocks

Commercial Banks, Not Elsewhere Classified Industry

26th out of 27 stocks

FRC stock logo

About First Republic Bank Stock (NYSE:FRC)

First Republic Bank was founded by Jim Herbert with the intention of providing exceptional levels of customer service. It was his belief that customer service would set the bank apart and create a profitable investment for its shareholders. After 35 years, his vision has proven true with a 25% CAGR that continues to this day. The initial enterprise value has grown from only $8.8 million in that time, to over $19 billion making it the 14th largest bank in the US. First Republic Bank was founded in 1985 and is headquartered in San Francisco, California.

First Republic Bank with its subsidiaries operates in two segments and provides personal banking, business banking, and wealth management services to individuals, families, organizations, and small businesses in the United States. The company’s services are available in-person at one of the more than 80 offices or via ATM, online, mobile, and debit cards.

The company offers deposit products including checking and saving accounts, money market, and CDs as well as a range of lending products. The full range of lending products includes but is not limited to residential mortgages, home equity lines of credit, commercial real estate and construction loans, and personal and business loans.

The company’s wealth management services include advisory services, online investment management, trusts, estate planning, and alternative investments as well as insurance and foreign exchange. The online brokerage service is available to all clients and can be accessed at any time via a web browser or mobile device.

First Republic Bank operates a network of more than 80 deposit-taking branches and 12 wealth management offices. The network is located primarily in California with additional branches in major metropolitan areas and two destination locations that include Portland, Boston, Palm Beach, Greenwich, New York, and Jackson, Wyoming.

First Republic Bank has proven its worth over the year by maintaining a consistently strong capital level, asset quality, and liquidity position. Its prudent management has allowed it to weather market ups and downs while commanding investment grade ratings for its bonds and preferred stock.


FRC Stock News Headlines

Buffett, Bezos, Bloomberg, and 48 Members of Congress Buying One Sector…
Why is Warren Buffett, Jeff Bezos, Michael Bloomberg, "The Walmart Family", Bill Gates, and 48 members of Congress shifting their stocks in a frenzy?
FRC announces sanctions against Crowe UK
Buffett, Bezos, Bloomberg, and 48 Members of Congress Buying One Sector…
Why is Warren Buffett, Jeff Bezos, Michael Bloomberg, "The Walmart Family", Bill Gates, and 48 members of Congress shifting their stocks in a frenzy?
New York Community Bancorp: First Republic Bank 2.0
See More Headlines
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Company Calendar

Last Earnings
4/24/2023
Today
7/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
Regional Banks
CUSIP
33616C10
Employees
7,213
Year Founded
1985

Profitability

Net Income
$1.67 billion
Pretax Margin
26.17%

Debt

Sales & Book Value

Annual Sales
$5.77 billion
Book Value
$79.92 per share

Miscellaneous

Free Float
178,389,000
Market Cap
$413.19 million
Optionable
Optionable
Beta
1.01

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Key Executives

  • Michael J. Roffler
    President, Chief Executive Officer & Director
  • Susie Cranston
    Chief Operating Officer & Executive Vice President
  • Neal Holland
    Chief Financial Officer & Executive Vice President
  • James D. Hughes
    Chief Information Officer & Executive VP
  • David B. Lichtman
    Chief Credit Officer & Senior Executive VP

FRC Stock Analysis - Frequently Asked Questions

How were First Republic Bank's earnings last quarter?

First Republic Bank (NYSE:FRC) released its earnings results on Monday, April, 24th. The bank reported $1.23 EPS for the quarter, beating the consensus estimate of $0.72 by $0.51. The business's quarterly revenue was down 13.4% on a year-over-year basis.
Read the conference call transcript
.

What is James H. Herbert II's approval rating as First Republic Bank's CEO?

255 employees have rated First Republic Bank Chief Executive Officer James H. Herbert II on Glassdoor.com. James H. Herbert II has an approval rating of 97% among the company's employees. This puts James H. Herbert II in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of First Republic Bank own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Republic Bank investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Chipotle Mexican Grill (CMG), Accenture (ACN), Micron Technology (MU), NVIDIA (NVDA) and AbbVie (ABBV).

This page (NYSE:FRC) was last updated on 7/23/2024 by MarketBeat.com Staff

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