First Republic Bank Company Profile (NYSE:FRC)

About First Republic Bank

First Republic Bank logoFirst 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
  • Exchange: NYSE
  • Symbol: FRC
  • CUSIP: 33616C10
Key Metrics:
  • Previous Close: $73.49
  • 50 Day Moving Average: $71.76
  • 200 Day Moving Average: $68.43
  • Trailing P/E Ratio: 20.68
  • Foreward P/E Ratio: 16.55
  • P/E Growth: 1.45
  • Market Cap: $11.04B
  • Outstanding Shares: 149,841,000
  • Beta: 1.14
Additional Links:
Companies Related to First Republic Bank:

Analyst Ratings

Consensus Ratings for First Republic Bank (NYSE:FRC) (?)
Ratings Breakdown: 6 Hold Ratings, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.54)
Consensus Price Target: $74.33 (1.15% upside)

Analysts' Ratings History for First Republic Bank (NYSE:FRC)
Show:
DateFirmActionRatingPrice TargetDetails
8/11/2016Barclays PLCBoost Price TargetOverweight$78.00 -> $84.00View Rating Details
7/17/2016FBR & CoReiterated RatingHoldView Rating Details
7/17/2016JPMorgan Chase & Co.Reiterated RatingBuyView Rating Details
7/17/2016Keefe, Bruyette & WoodsReiterated RatingHoldView Rating Details
7/15/2016BMO Capital MarketsMarket Perform$71.00View Rating Details
7/7/2016Jefferies GroupReiterated RatingBuy$80.00View Rating Details
5/8/2016Canaccord GenuityReiterated RatingBuyView Rating Details
4/15/2016Maxim GroupReiterated RatingBuy$75.00 -> $83.00View Rating Details
4/5/2016Deutsche Bank AGReiterated RatingHold$69.00View Rating Details
2/22/2016HSBCUpgradeHold -> BuyView Rating Details
2/5/2016Piper Jaffray Cos.Reiterated RatingNeutral$63.00 -> $64.00View Rating Details
11/11/2015Raymond James Financial Inc.UpgradeMarket Perform -> Outperform$75.00View Rating Details
10/29/2015Morgan StanleyBoost Price Target$67.00 -> $70.00View Rating Details
10/19/2015Royal Bank Of CanadaBoost Price TargetSector Perform$64.00 -> $67.00View Rating Details
6/19/2015Evercore ISIBoost Price TargetHold$59.00 -> $63.00View Rating Details
1/13/2015Goldman Sachs Group Inc.DowngradeBuy -> Neutral$54.00View Rating Details
1/6/2015StephensInitiated CoverageEqual WeightView Rating Details
11/19/2014Sterne Agee CRTInitiated CoverageUnderperform$45.00View Rating Details
9/22/2014Wells Fargo & Co.Initiated CoverageOutperformView Rating Details
(Data available from 8/25/2014 forward)

Earnings

Earnings History for First Republic Bank (NYSE:FRC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/13/2016        
7/14/2016Q216$0.91$0.97$568.53 million$535.10 millionViewListenView Earnings Details
4/14/2016Q116$0.80$0.88$542.20 million$519.60 millionViewListenView Earnings Details
1/14/2016Q415$0.81$0.82$514.20 million$484.90 millionViewListenView Earnings Details
10/15/2015Q315$0.81$0.82$489.22 million$468.60 millionViewListenView Earnings Details
7/16/2015Q215$0.78$0.80$450.72 million$455.30 millionViewListenView Earnings Details
4/16/2015Q115$0.69$0.71$433.70 million$422.90 millionViewListenView Earnings Details
1/15/2015Q4$0.72$0.72$416.70 millionViewListenView Earnings Details
10/16/2014Q314$0.75$0.81$433.70 million$440.60 millionViewListenView Earnings Details
7/16/2014Q214$0.76$0.76$410.56 million$388.80 millionViewN/AView Earnings Details
4/16/2014Q114$0.72$0.67$395.92 millionViewListenView Earnings Details
1/16/2014Q413$0.75$0.66$326.24 million$371.00 millionViewListenView Earnings Details
10/15/2013Q313$0.76$0.75$319.20 million$361.80 millionViewListenView Earnings Details
7/17/2013Q2 2013$0.74$0.77$307.01 millionViewListenView Earnings Details
4/15/2013Q1 2013$0.73$0.72$316.45 millionViewListenView Earnings Details
1/16/2013Q4 2012$0.73$0.77$308.21 million$357.90 millionViewListenView Earnings Details
10/17/2012$0.68$0.72ViewN/AView Earnings Details
7/18/2012$0.59$0.60ViewN/AView Earnings Details
4/18/2012$0.61$0.67ViewN/AView Earnings Details
1/17/2012$0.67$0.68ViewN/AView Earnings Details
10/20/2011$0.60$0.66ViewN/AView Earnings Details
7/20/2011$0.61$0.64ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for First Republic Bank (NYSE:FRC)
Current Year EPS Consensus Estimate: $3.9 EPS
Next Year EPS Consensus Estimate: $4.44 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20166$0.81$0.84$0.83
Q2 20165$0.86$0.98$0.90
Q3 20163$0.89$0.99$0.96
Q4 20163$0.93$1.03$1.00
Q1 20172$0.94$1.02$0.98
Q2 20172$1.01$1.11$1.06
Q3 20172$1.04$1.14$1.09
Q4 20172$1.06$1.17$1.12
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for First Republic Bank (NYSE:FRC)
Annual Dividend:$0.64
Dividend Yield:0.87%
Payout Ratio:18.23% (Based on Trailing 12 Months of Earnings)
16.41% (Based on Current Year Consensus EPS Estimate)
14.41% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:25.30% (3 Year Average)

Dividend History for First Republic Bank (NYSE:FRC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/14/2016quarterly$0.160.9%7/26/20167/28/20168/11/2016
4/14/2016quarterly$0.160.92%4/26/20164/28/20165/12/2016
1/15/2016quarterly$0.150.95%1/26/20161/28/20162/11/2016
10/16/2015quarterly$0.150.95%10/27/201510/29/201511/12/2015
7/16/2015quarterly$0.150.94%7/28/20157/30/20158/13/2015
4/17/2015quarterly$0.151.02%4/28/20154/30/20155/14/2015
1/15/2015quarterly$0.141.16%1/27/20151/29/20152/12/2015
10/16/2014quarterly$0.141.19%10/28/201410/30/201411/13/2014
7/16/2014quarterly$0.141.17%7/30/20148/1/20148/15/2014
4/16/2014quarterly$0.141.08%4/29/20145/1/20145/15/2014
1/16/2014quarterly$0.120.94%1/29/20141/31/20142/14/2014
10/15/2013quarterly$0.120.99%10/30/201311/1/201311/15/2013
7/17/2013quarterly$0.121.15%7/30/20138/1/20138/15/2013
4/15/2013quarterly$0.121.27%4/29/20135/1/20135/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for First Republic Bank (NYSE:FRC)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for First Republic Bank (NYSE:FRC)
DateHeadline
News IconHow has First Republic Bank:(NYSE:FRC) performed recently? - The Daily Leicester (NYSE:FRC)
thedailyleicester.com - August 25 at 10:04 AM
News IconFirst Republic Bank (NYSE:FRC) from Money Center Banks – Todays Top Gains (NYSE:FRC)
twincountynews.com - August 24 at 4:59 PM
News IconToday's Top Gainers in the Market First Republic Bank (NYSE:FRC ... - The Daily Leicester (NYSE:FRC)
thedailyleicester.com - August 24 at 8:09 AM
finance.yahoo.com logo4 Reasons to Buy First Republic Bank (FRC) Stock Right Now - Yahoo Finance (NYSE:FRC)
finance.yahoo.com - August 24 at 8:09 AM
zacks.com logo4 Reasons to Buy First Republic Bank (FRC) Stock Right Now (NYSE:FRC)
www.zacks.com - August 23 at 9:26 AM
investornewswire.com logoWill FIRST REPUBLIC BANK (NYSE:FRC) Hit $84 Price Target? - Investor Newswire (NYSE:FRC)
www.investornewswire.com - August 20 at 5:01 PM
News IconMoney Center Banks: First Republic Bank (NYSE:FRC) Position of the day (NYSE:FRC)
twincountynews.com - August 19 at 5:01 PM
News IconTop Earnings to Watch for: First Republic Bank (NYSE:FRC) - The Voice Registrar (NYSE:FRC)
voiceregistrar.com - August 19 at 5:01 PM
News IconIs this Large Market Cap Stock target price reasonable for First Republic Bank (NYSE:FRC)? - The Daily Leicester (NYSE:FRC)
thedailyleicester.com - August 19 at 5:10 AM
wsj.com logoFirst Republic: Is It Wrong to Build a Bank for Wealthy Clients Only? - Wall Street Journal (NYSE:FRC)
www.wsj.com - August 18 at 8:01 AM
News IconLarge Cap Money Center Banks: First Republic Bank (NYSE:FRC) (NYSE:FRC)
twincountynews.com - August 17 at 5:17 PM
finance.yahoo.com logoWednesday links: continued dominance (NYSE:FRC)
finance.yahoo.com - August 17 at 5:17 PM
wsj.com logo[$$] First Republic: Is It Wrong to Build a Bank for Wealthy Clients Only? (NYSE:FRC)
www.wsj.com - August 17 at 8:07 AM
fidaily.com logoFIRST REPUBLIC BANK Common Stoc (FRC) Holdings Decreased by Capital World Investors (NYSE:FRC)
www.fidaily.com - August 16 at 8:23 AM
publicnow.com logoFirst Republic Expands Community Lending Program And Team (NYSE:FRC)
www.publicnow.com - August 15 at 12:22 PM
News IconToday's Top Gainers in the Market First Republic Bank (NYSE:FRC) from Financial - The Daily Leicester (NYSE:FRC)
thedailyleicester.com - August 13 at 8:00 AM
News IconA look at a High Market Cap Stock: First Republic Bank, FRC - The Daily Leicester (NYSE:FRC)
thedailyleicester.com - August 10 at 12:31 PM
tradecalls.org logoFIRST REPUBLIC BANK (FRC) Shares are Up 2.61% (NYSE:FRC)
www.tradecalls.org - August 9 at 9:26 PM
News IconIs First Republic Bank (NYSE:FRC), a large market cap stock a smart buy? (NYSE:FRC)
twincountynews.com - August 8 at 5:15 PM
News IconLeading stocks in today’s market: First Republic Bank (NYSE:FRC) (NYSE:FRC)
twincountynews.com - August 5 at 10:23 PM
tradecalls.org logoBeese Fulmer Investment Management Lowers stake in First ... - Trade Calls (NYSE:FRC)
www.tradecalls.org - August 5 at 5:13 PM
News IconUpdate on First Republic Bank (NYSE:FRC) for the day (NYSE:FRC)
twincountynews.com - August 4 at 5:24 PM
News IconHow has First Republic Bank:(NYSE:FRC) performed recently ... - The Daily Leicester (NYSE:FRC)
thedailyleicester.com - August 4 at 5:19 AM
realistinvestor.com logoFIRST REPUBLIC BANK (NYSE:FRC) Mean Price Target At $76.23 - RealistInvestor.com (NYSE:FRC)
www.realistinvestor.com - August 3 at 5:23 PM
News IconIs First Republic Bank (NYSE:FRC), a large market cap stock a smart ... - Twin County News (NYSE:FRC)
twincountynews.com - July 31 at 4:50 PM
fidaily.com logoFIRST REPUBLIC BANK Common Stoc (FRC) Position Down in Latest Report from Sumitomo Mitsui Trust Holdings, Inc. - Finance Daily (NYSE:FRC)
www.fidaily.com - July 29 at 12:10 PM
moodys.com logoMoody's assigns definitive ratings to Prime RMBS issued by Sequoia Mortgage Trust 2016-2 (NYSE:FRC)
www.moodys.com - July 28 at 12:41 PM
News IconUpdate on First Republic Bank (NYSE:FRC) for the day - Twin County News (NYSE:FRC)
twincountynews.com - July 28 at 5:16 AM
News IconStocks Preparing To Gain Concentrations: Nokia Corporation (NYSE:NOK), First Republic Bank (NYSE:FRC), Verizon ... - Seneca Globe (NYSE:FRC)
www.senecaglobe.com - July 27 at 6:16 AM
businesswire.com logoFitch Expects to Rate First Republic's Subordinated Debt Issuance 'BBB+' (NYSE:FRC)
www.businesswire.com - July 26 at 5:13 PM
publicnow.com logoFirst Republic Announces Pricing Of $400,000,000 Subordinated Notes Offering (NYSE:FRC)
www.publicnow.com - July 25 at 6:28 PM
tradecalls.org logoFIRST REPUBLIC BANK (FRC) Shares are Down -0.82% - Trade Calls - Trade Calls (NYSE:FRC)
www.tradecalls.org - July 25 at 5:11 PM
finance.yahoo.com logoAre stocks overvalued? (NYSE:FRC)
finance.yahoo.com - July 25 at 2:12 PM
publicnow.com logoFirst Republic Announces Subordinated Notes Offering (NYSE:FRC)
www.publicnow.com - July 25 at 9:38 AM
tradecalls.org logoKeefe Bruyette & Woods Maintains First Republic Bank to Market Perform with Price Target $73.00 - Trade Calls (NYSE:FRC)
www.tradecalls.org - July 23 at 9:08 AM
News IconBoston Common Asset Management Lowers stake in First Republic Bank (FRC) - TheFounders Daily (NYSE:FRC)
www.thefoundersdaily.com - July 23 at 9:08 AM
News IconFriday Session Wrap-up for First Republic Bank (NYSE:FRC) - Engelwood Daily (NYSE:FRC)
www.engelwooddaily.com - July 23 at 9:08 AM
forbes.com logoReminder - First Republic Bank (FRC) Goes Ex-Dividend Soon (NYSE:FRC)
www.forbes.com - July 22 at 10:55 AM
capitalcube.com logoFirst Republic Bank, Inc. :FRC-US: Earnings Analysis: Q2, 2016 By the Numbers : July 21, 2016 (NYSE:FRC)
www.capitalcube.com - July 21 at 11:58 AM
News IconFIRST REPUBLIC BANK (NYSE:FRC): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:FRC)
www.engelwooddaily.com - July 21 at 8:37 AM
News IconVigilant Capital Management Lowers stake in First Republic Bank (FRC) - TheFounders Daily (NYSE:FRC)
www.thefoundersdaily.com - July 21 at 8:37 AM
moodys.com logoMoody's assigns provisional ratings to Prime RMBS issued by Sequoia Mortgage Trust 2016-2 (NYSE:FRC)
www.moodys.com - July 20 at 4:07 PM
News IconEquity Roundup: Stock Performance Focus on FIRST REPUBLIC BANK (NYSE:FRC) - Press Telegraph (NYSE:FRC)
presstelegraph.com - July 20 at 5:29 AM
seekingalpha.com logoFirst Republic Bank: Growth Story Intact, But Valuation Remains Expensive - Seeking Alpha (NYSE:FRC)
seekingalpha.com - July 20 at 5:29 AM
News IconFirst Republic Bank (NYSE:FRC) – Top Stock from Financial Sector - The Daily Leicester (NYSE:FRC)
thedailyleicester.com - July 19 at 10:21 PM
News IconStock Strength in Focus for First Republic Bank (NYSE:FRC) - Press Telegraph (NYSE:FRC)
presstelegraph.com - July 19 at 10:21 PM
News IconFIRST REPUBLIC BANK (NYSE:FRC) Wall Street Analyst Recommendation Outlook - TGP (NYSE:FRC)
telanaganapress.com - July 18 at 5:17 PM
News IconAnalysts Pounding the Table on Shares of First Republic Bank (NYSE:FRC) - TGP (NYSE:FRC)
telanaganapress.com - July 18 at 5:17 PM
News IconTrading Performance and Target Watch for FIRST REPUBLIC BANK (NYSE:FRC) - Press Telegraph (NYSE:FRC)
presstelegraph.com - July 18 at 10:14 AM
tradecalls.org logoShares of FIRST REPUBLIC BANK (FRC) Rally 3.64% - Trade Calls (NYSE:FRC)
www.tradecalls.org - July 18 at 10:14 AM

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First Republic Bank (NYSE:FRC) Chart for Thursday, August, 25, 2016


Last Updated on 8/25/2016 by MarketBeat.com Staff