First Republic Bank is a commercial bank and trust company. The Bank specializes in providing services, including private banking, private business banking, real estate lending and wealth management services, including trust and custody services, to clients in selected metropolitan areas in the United States. It operates through two segments: Commercial Banking and Wealth Management. The Commercial Banking segment is engaged in attracting funds from the public; originating loans, primarily real estate secured mortgage loans, and investing in investment securities. The Wealth Management segment consists of First Republic Investment Management, Inc.; its money market mutual fund activities through third-party providers and the brokerage activities of First Republic Securities Company, LLC; First Republic Trust Company and First Republic Trust Company of Delaware LLC (the Trust Company), and its foreign exchange activities. It offers a range of internally managed investment services.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Money Center Banks
- Sub-Industry: Regional Banks
- Symbol: NYSE:FRC
- CUSIP: 33616C10
- Web: www.firstrepublic.com
- Market Cap: $14.62 billion
- Outstanding Shares: 157,240,000
- 50 Day Moving Avg: $92.01
- 200 Day Moving Avg: $91.19
- 52 Week Range: $63.97 - $97.43
Sales & Book Value:
- Trailing P/E Ratio: 23.19
- Foreward P/E Ratio: 17.37
- P/E Growth: 1.28
- Annual Revenue: $2.24 billion
- Price / Sales: 6.52
- Book Value: $39.13 per share
- Price / Book: 2.38
- Annual Dividend: $0.64
- Dividend Yield: 0.8%
- Net Margins: 27.98%
- Return on Equity: 12.38%
- Return on Assets: 0.97%
- Debt-to-Equity Ratio: 1.16%
- Current Ratio: 0.92%
- Quick Ratio: 0.92%
- Average Volume: 1.16 million shs.
- Beta: 1.03
- Short Ratio: 1.98
Frequently Asked Questions for First Republic Bank (NYSE:FRC)
What is First Republic Bank's stock symbol?
First Republic Bank trades on the New York Stock Exchange (NYSE) under the ticker symbol "FRC."
How often does First Republic Bank pay dividends? What is the dividend yield for First Republic Bank?
First Republic Bank declared a quarterly dividend on Thursday, April 13th. Shareholders of record on Thursday, April 27th will be paid a dividend of $0.17 per share on Thursday, May 11th. This represents a $0.68 annualized dividend and a yield of 0.73%. The ex-dividend date of this dividend is Tuesday, April 25th. This is a boost from First Republic Bank's previous quarterly dividend of $0.16. View First Republic Bank's Dividend History.
How were First Republic Bank's earnings last quarter?
First Republic Bank (NYSE:FRC) posted its quarterly earnings data on Thursday, April, 13th. The company reported $1.01 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.01. The company had revenue of $601.14 million for the quarter, compared to the consensus estimate of $626.14 million. First Republic Bank had a return on equity of 12.38% and a net margin of 27.98%. During the same period in the prior year, the firm earned $0.88 EPS. View First Republic Bank's Earnings History.
When will First Republic Bank make its next earnings announcement?
Where is First Republic Bank's stock going? Where will First Republic Bank's stock price be in 2017?
13 analysts have issued 12 month price objectives for First Republic Bank's shares. Their predictions range from $73.00 to $111.00. On average, they expect First Republic Bank's share price to reach $96.75 in the next year. View Analyst Ratings for First Republic Bank.
Are investors shorting First Republic Bank?
First Republic Bank saw a increase in short interest during the month of April. As of April 28th, there was short interest totalling 3,472,506 shares, an increase of 73.0% from the April 13th total of 2,006,834 shares. Based on an average daily volume of 1,142,865 shares, the short-interest ratio is currently 3.0 days.
Who are some of First Republic Bank's key competitors?
Some companies that are related to First Republic Bank include ICICI Bank Ltd (IBN), SunTrust Banks (STI), Credicorp (BAP), Comerica Incorporated (CMA), Banco Santander-Chile (BSAC), City National Corp (CYN), Home Bancshares (HOMB), Sterling Bancorp (STL), TCF Financial (TCF), Hope Bancorp (HOPE), Great Western Bancorp (GWB), Renasant Corp. (RNST), Simmons First National (SFNC), State Bank Financial Corp (STBZ), Green Bancorp (GNBC), National Bank of Greece (NBG), Franklin Financial Network (FSB) and Blue Hills Bancorp (BHBK).
Who owns First Republic Bank stock?
First Republic Bank's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.79%), BlackRock Inc. (6.26%), Baillie Gifford & Co. (4.65%), JPMorgan Chase & Co. (3.79%), State Street Corp (3.17%) and FMR LLC (2.77%). View Institutional Ownership Trends for First Republic Bank.
Who sold First Republic Bank stock? Who is selling First Republic Bank stock?
First Republic Bank's stock was sold by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Harding Loevner LP, Goldman Sachs Group Inc., IronBridge Capital Management LP, FMR LLC, Marshall Wace LLP, Public Employees Retirement Association of Colorado and UBS Asset Management Americas Inc.. View Insider Buying and Selling for First Republic Bank.
Who bought First Republic Bank stock? Who is buying First Republic Bank stock?
First Republic Bank's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., MARSHALL WACE ASIA Ltd, Marshall Wace North America L.P., JPMorgan Chase & Co., Vanguard Group Inc., WCM Investment Management CA, C WorldWide Group Holding A S and Renaissance Technologies LLC. View Insider Buying and Selling for First Republic Bank.
How do I buy First Republic Bank stock?
Shares of First Republic Bank can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of First Republic Bank stock cost?
One share of First Republic Bank stock can currently be purchased for approximately $92.95.
Earnings History for First Republic Bank (NYSE:FRC)Earnings History by Quarter for First Republic Bank (NYSE:FRC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/12/2017|| || || || || || || || |
|4/13/2017||Q1 2017||$1.01||$1.01||$626.14 million||$601.14 million||View||N/A|
|1/13/2017||Q416||$1.01||$1.03||$623.91 million||$599.50 million||View||Listen|
|10/13/2016||Q316||$0.99||$1.00||$592.65 million||$557.90 million||View||Listen|
|7/14/2016||Q216||$0.91||$0.97||$568.53 million||$535.10 million||View||Listen|
|4/14/2016||Q116||$0.80||$0.88||$542.20 million||$519.60 million||View||Listen|
|1/14/2016||Q415||$0.80||$0.82||$514.20 million||$484.90 million||View||Listen|
|10/15/2015||Q315||$0.81||$0.82||$489.22 million||$468.60 million||View||Listen|
|7/16/2015||Q215||$0.78||$0.80||$450.72 million||$455.30 million||View||Listen|
|4/16/2015||Q115||$0.69||$0.71||$433.70 million||$422.90 million||View||Listen|
|1/15/2015||Q4||$0.72||$0.72||$427.98 million||$416.69 million||View||Listen|
|10/16/2014||Q314||$0.79||$0.81||$433.70 million||$440.60 million||View||Listen|
|7/16/2014||Q214||$0.76||$0.76||$410.56 million||$388.80 million||View||N/A|
|1/16/2014||Q413||$0.75||$0.66||$326.24 million||$371.00 million||View||Listen|
|10/15/2013||Q313||$0.76||$0.75||$319.20 million||$361.80 million||View||Listen|
|7/17/2013||Q2 2013||$0.74||$0.77||$307.01 million||View||Listen|
|4/15/2013||Q1 2013||$0.73||$0.72||$316.45 million||View||Listen|
|1/16/2013||Q4 2012||$0.73||$0.77||$308.21 million||$357.90 million||View||Listen|
Earnings Estimates for First Republic Bank (NYSE:FRC)
2017 EPS Consensus Estimate: $4.53
2018 EPS Consensus Estimate: $5.50
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for First Republic Bank (NYSE:FRC)
|Most Recent Dividend:||5/11/2017|
|Dividend Growth:||20.50% (3 Year Average)|
|Payout Ratio:||16.49% (Trailing 12 Months of Earnings) |
14.22% (Based on This Year's Estimates)
11.96% (Based on Next Year's Estimates)
|Track Record:||4 Years of Consecutive Dividend Growth|
Dividend History by Quarter for First Republic Bank (NYSE:FRC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for First Republic Bank (NYSE:FRC)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for First Republic Bank (NYSE:FRC)
Latest Headlines for First Republic Bank (NYSE:FRC)
|Gradifi Signs 20 More Companies For Its Student Loan Repayment Benefit - Business Wire (press release)|
www.businesswire.com - May 24 at 12:07 PM
|First Republic Bank, Inc. breached its 50 day moving average in a Bullish Manner : FRC-US : May 24, 2017|
finance.yahoo.com - May 24 at 12:07 PM
|Gradifi Signs 20 More Companies For Its Student Loan Repayment Benefit|
finance.yahoo.com - May 24 at 12:07 PM
|First Republic Bank's Series C Preferred Stock Shares Cross 5.5% Yield Mark|
www.nasdaq.com - May 19 at 5:03 PM
|First Republic Bank Issues Notice of Redemption of Series B Preferred Shares - Business Wire (press release)|
www.businesswire.com - May 17 at 5:16 PM
|First Republic Bank Issues Notice of Redemption of Series B Preferred Shares|
finance.yahoo.com - May 17 at 5:16 PM
|First Republic Bank (FRC) Short Interest Up 73.0% in April|
www.americanbankingnews.com - May 16 at 7:14 AM
|First Republic Bank (FRC) Given Daily News Impact Score of 0.28|
www.americanbankingnews.com - May 12 at 12:57 AM
|First Republic Bank Extends Contract of Chairman and Founding CEO Jim Herbert - Business Wire (press release)|
www.businesswire.com - May 11 at 10:56 PM
|First Republic Bank Extends CEO's Contract Through 2020|
www.nasdaq.com - May 11 at 5:54 PM
|First Republic Bank Extends Contract of Chairman and Founding CEO Jim Herbert|
finance.yahoo.com - May 10 at 5:25 PM
|First Republic Bank (FRC) Given Consensus Recommendation of "Buy" by Brokerages|
www.americanbankingnews.com - May 9 at 9:24 AM
|First Republic Bank (FRC) Given Buy Rating at Jefferies Group LLC|
www.americanbankingnews.com - May 6 at 8:32 AM
|$649.3 Million in Sales Expected for First Republic Bank (FRC) This Quarter|
www.americanbankingnews.com - May 6 at 8:22 AM
| Analysts Expect First Republic Bank (FRC) Will Announce Earnings of $1.09 Per Share|
www.americanbankingnews.com - May 4 at 8:36 PM
|First Republic Bank, Inc. breached its 50 day moving average in a Bearish Manner : FRC-US : May 1, 2017|
finance.yahoo.com - May 1 at 10:19 AM
|First Republic Bank (FRC) Given Daily Coverage Optimism Score of 0.16|
www.americanbankingnews.com - April 29 at 9:57 PM
|Somewhat Favorable News Coverage Somewhat Likely to Impact First Republic Bank (FRC) Share Price|
www.americanbankingnews.com - April 27 at 12:06 AM
|Cash In On This Rocket And Switch To A Better FRC Preferred Stock|
seekingalpha.com - April 26 at 8:06 PM
|First Republic Bank, Inc. : FRC-US: Dividend Analysis : April 27th, 2017 (record date) : By the numbers : April 25, 2017|
finance.yahoo.com - April 25 at 4:54 PM
|First Republic Bank (FRC) Price Target Raised to $101.00 at Barclays PLC|
www.americanbankingnews.com - April 25 at 12:02 PM
|First Republic Bank goes ex-dividend tomorrow|
seekingalpha.com - April 24 at 5:03 PM
|Favorable Press Coverage Somewhat Unlikely to Affect First Republic Bank (FRC) Stock Price|
www.americanbankingnews.com - April 23 at 8:55 PM
|Barclays PLC Boosts First Republic Bank (FRC) Price Target to $101.00|
www.americanbankingnews.com - April 23 at 12:38 AM
|Reminder - First Republic Bank (FRC) Goes Ex-Dividend Soon|
www.nasdaq.com - April 21 at 11:40 AM
|Jefferies Group Equities Analysts Reduce Earnings Estimates for First Republic Bank (FRC)|
www.americanbankingnews.com - April 21 at 10:08 AM
|First Republic Bank's (FRC) "Hold" Rating Reiterated at Deutsche Bank AG|
www.americanbankingnews.com - April 18 at 11:14 AM
|First Republic Bank (FRC) Receives Daily Media Impact Score of 0.06|
www.americanbankingnews.com - April 17 at 7:53 PM
|First Republic Bank (FRC) Stock Rating Reaffirmed by Piper Jaffray Companies|
www.americanbankingnews.com - April 17 at 5:56 PM
|First Republic's (FRC) Q1 Earnings in Line, Dividend Up|
www.zacks.com - April 17 at 11:27 AM
|First Republic's (FRC) Q1 Earnings in Line, Dividend Up|
finance.yahoo.com - April 17 at 11:27 AM
|$656.13 Million in Sales Expected for First Republic Bank (FRC) This Quarter|
www.americanbankingnews.com - April 15 at 8:20 AM
|Somewhat Favorable News Coverage Likely to Impact First Republic Bank (FRC) Share Price|
www.americanbankingnews.com - April 14 at 7:33 PM
|First Republic Bank to Post Q2 2017 Earnings of $1.09 Per Share, Jefferies Group Forecasts (FRC)|
www.americanbankingnews.com - April 14 at 10:22 AM
|First Republic Bank (FRC) Receives Average Rating of "Buy" from Analysts|
www.americanbankingnews.com - April 14 at 10:16 AM
|Edited Transcript of FRC earnings conference call or presentation 13-Apr-17 2:00pm GMT|
finance.yahoo.com - April 13 at 10:11 PM
|$1.01 Earnings Per Share Expected for First Republic Bank (FRC) This Quarter|
www.americanbankingnews.com - April 13 at 6:08 PM
|First Republic's (FRC) CEO Jim Herbert on Q1 2017 Results - Earnings Call Transcript|
seekingalpha.com - April 13 at 5:10 PM
|First Republic Bank (FRC) Announces Earnings Results|
www.americanbankingnews.com - April 13 at 3:02 PM
|First Republic Bank (FRC) to Issue Quarterly Dividend of $0.17|
www.americanbankingnews.com - April 13 at 11:26 AM
|First Republic Bank Q1 Income Climbs 15%|
www.nasdaq.com - April 13 at 10:57 AM
|First Republic Bank EPS in-line, misses on revenue|
seekingalpha.com - April 13 at 10:57 AM
|First Republic Reports Strong First Quarter 2017 Results|
finance.yahoo.com - April 13 at 10:57 AM
|First Republic Bank (FRC) Earns "Overweight" Rating from Barclays PLC|
www.americanbankingnews.com - April 11 at 11:58 AM
|First Republic Bank (FRC) Scheduled to Post Earnings on Thursday|
www.americanbankingnews.com - April 11 at 7:05 AM
|The Hottest Big Bank Earnings Charts|
www.zacks.com - April 10 at 5:03 PM
|Q1 2017 Earnings Estimate for First Republic Bank Issued By Jefferies Group (FRC)|
www.americanbankingnews.com - April 7 at 7:13 PM
|FY2017 Earnings Estimate for First Republic Bank Issued By Jefferies Group (FRC)|
www.americanbankingnews.com - April 6 at 4:34 PM
|First Republic Bank's (FRC) Buy Rating Reaffirmed at Jefferies Group LLC|
www.americanbankingnews.com - April 6 at 10:57 AM
|First Republic Bank (FRC) Receives Buy Rating from Jefferies Group LLC|
www.americanbankingnews.com - April 1 at 4:03 PM
First Republic Bank (FRC) Chart for Wednesday, May, 24, 2017