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: $95.60
  • 50 Day Moving Average: $93.14
  • 200 Day Moving Average: $81.60
  • 52-Week Range: $154,292,000.00 - $57.89
  • Trailing P/E Ratio: 24.33
  • Foreward P/E Ratio: 18.07
  • P/E Growth: 1.68
  • Market Cap: $14.75B
  • Outstanding Shares: 154,292,000
  • Beta: 1.03
Profitability:
  • Net Margins: 27.98%
  • Return on Equity: 12.38%
  • Return on Assets: 0.97%
Debt:
  • Debt-to-Equity Ratio: 1.16%
  • Current Ratio: 0.92%
  • Quick Ratio: 0.92%
Additional Links:
Companies Related to First Republic Bank:

Analyst Ratings

Consensus Ratings for First Republic Bank (NYSE:FRC) (?)
Ratings Breakdown: 5 Hold Ratings, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.62)
Consensus Price Target: $88.40 (7.53% downside)

Analysts' Ratings History for First Republic Bank (NYSE:FRC)
Show:
DateFirmActionRatingPrice TargetDetails
2/2/2017JMP SecuritiesInitiated CoverageOutperform$111.00View Rating Details
1/17/2017Maxim GroupBoost Price TargetBuy$100.00 -> $105.00View Rating Details
1/17/2017FBR & CoBoost Price TargetOutperform$100.00 -> $105.00View Rating Details
1/9/2017Wells Fargo & CompanyDowngradeOutperform -> Market PerformView Rating Details
11/16/2016Morgan StanleyDowngradeOverweight -> Equal Weight$77.00 -> $85.00View Rating Details
10/19/2016Jefferies Group LLCReiterated RatingBuy$85.00View Rating Details
10/15/2016Barclays PLCSet Price TargetBuy$84.00 -> $81.00View Rating Details
10/14/2016Keefe, Bruyette & WoodsReiterated RatingHoldView Rating Details
10/11/2016Deutsche Bank AGBoost Price TargetHold$83.00 -> $85.00View Rating Details
7/17/2016J P Morgan Chase & CoReiterated RatingBuyView Rating Details
7/15/2016BMO Capital MarketsMarket Perform$71.00View Rating Details
5/8/2016Canaccord GenuityReiterated RatingBuyView Rating Details
2/22/2016HSBC Holdings plcUpgradeHold -> BuyView Rating Details
2/5/2016Piper Jaffray CompaniesReiterated RatingNeutral$63.00 -> $64.00View Rating Details
11/11/2015Raymond James Financial, Inc.UpgradeMarket Perform -> Outperform$75.00View 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
(Data available from 2/19/2015 forward)

Earnings

Earnings History for First Republic Bank (NYSE:FRC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/12/2017        
1/13/2017Q416$1.01$1.03$623.91 million$599.50 millionViewListenView Earnings Details
10/13/2016Q316$0.99$1.00$592.65 million$557.90 millionViewListenView Earnings Details
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: $4.51 EPS
Next Year EPS Consensus Estimate: $5.29 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$0.95
Q4 20163$0.93$1.03$0.99
Q1 20173$0.98$1.03$1.01
Q2 20173$1.08$1.13$1.11
Q3 20173$1.11$1.23$1.17
Q4 20173$1.21$1.31$1.25
Q1 20182$1.20$1.33$1.27
Q2 20182$1.30$1.41$1.36
Q3 20182$1.34$1.45$1.40
Q4 20182$1.41$1.55$1.48
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for First Republic Bank (NYSE:FRC)
Annual Dividend:$0.64
Dividend Yield:0.67%
Dividend Growth:20.50% (3 Year Average)
Payout Ratio:16.49% (Based on Trailing 12 Months of Earnings)
14.19% (Based on Current Year Consensus EPS Estimate)
12.10% (Based on Next Year Consensus EPS Estimate)
Track Record:4 Years of Consecutive Dividend Growth

Dividend History for First Republic Bank (NYSE:FRC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/13/2017quarterly$0.160.7%1/24/20171/26/20172/9/2017
10/13/2016quarterly$0.160.86%10/25/201610/27/201611/10/2016
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
finance.yahoo.com logoFirst Republic Wins Top Award for Private Banking (NYSE:FRC)
finance.yahoo.com - February 16 at 5:15 PM
realistinvestor.com logoFIRST REPUBLIC BANK (NYSE:FRC) Mean Rating At $2 - RealistInvestor.com (NYSE:FRC)
www.realistinvestor.com - February 14 at 6:22 PM
gurufocus.com logoBaron Funds' Fifth Avenue Growth Fund Comments on First ... - GuruFocus.com (NYSE:FRC)
www.gurufocus.com - February 13 at 11:10 PM
gurufocus.com logoBaron Funds' Baron Fifth Avenue Growth Fund Comments on First Republic Bank - GuruFocus.com (NYSE:FRC)
www.gurufocus.com - February 13 at 6:09 PM
finance.yahoo.com logoBaron Funds' Fifth Avenue Growth Fund Comments on First Republic Bank (NYSE:FRC)
finance.yahoo.com - February 13 at 6:09 PM
finance.yahoo.com logoBaron Funds' Baron Fifth Avenue Growth Fund Comments on First Republic Bank (NYSE:FRC)
finance.yahoo.com - February 13 at 6:09 PM
4-traders.com logoFirst Republic Bank : Wealth Manager Paul Feinstein Joins First Republic (NYSE:FRC)
www.4-traders.com - February 13 at 10:46 AM
finance.yahoo.com logoWealth Manager Paul Feinstein Joins First Republic (NYSE:FRC)
finance.yahoo.com - February 13 at 10:46 AM
finance.yahoo.com logoFirst Republic Announces Record Date for the 2017 Annual Meeting of Shareholders (NYSE:FRC)
finance.yahoo.com - February 10 at 5:53 PM
News IconHandelsbanken Fonder Ab Boosts Position by $64942800 in First Republic Bank (FRC) - Highland Mirror (NYSE:FRC)
www.highlandmirror.com - February 10 at 3:58 AM
News IconAnalyst Tracker: FIRST REPUBLIC BANK (NYSE:FRC) in Focus - Midway Monitor (NYSE:FRC)
midwaymonitor.com - February 8 at 5:50 PM
News IconChecking the Levels for First Republic Bank (FRC) - Davidson Register (NYSE:FRC)
davidsonregister.com - February 7 at 11:32 PM
seekingalpha.com logoFirst Republic Announces Subordinated Notes Offering - First ... - Seeking Alpha (NYSE:FRC)
seekingalpha.com - February 7 at 3:25 AM
finance.yahoo.com logoFirst Republic Announces Pricing of $400,000,000 Subordinated Notes Offering (NYSE:FRC)
finance.yahoo.com - February 6 at 5:21 PM
us.rd.yahoo.com logoFirst Republic Announces Subordinated Notes Offering (NYSE:FRC)
us.rd.yahoo.com - February 6 at 11:07 AM
us.rd.yahoo.com logo8:46 am First Republic Bank announces a public offering of subordinated notes; amount undisclosed (NYSE:FRC)
us.rd.yahoo.com - February 6 at 11:07 AM
moodys.com logoMoody's assigns provisional ratings to Prime RMBS issued by Sequoia Mortgage Trust 2017-2 (NYSE:FRC)
www.moodys.com - February 3 at 10:43 PM
4-traders.com logoFirst Republic Bank : ABA Endorses Student Loan Repayment Benefit By Gradifi (NYSE:FRC)
www.4-traders.com - February 2 at 10:51 PM
News IconRothschild Capital Partners Cuts Position in First Republic Bank (FRC) by $6967279 - Highland Mirror (NYSE:FRC)
www.highlandmirror.com - February 2 at 5:50 PM
finance.yahoo.com logoCoverage initiated on First Republic Bank by JMP Securities (NYSE:FRC)
finance.yahoo.com - February 2 at 5:50 PM
News IconIs Buying First Republic Bank (FRC) Here a Winning Strategy? (NYSE:FRC)
randolphguide.com - February 1 at 5:56 PM
finance.yahoo.com logoABA Endorses Student Loan Repayment Benefit By Gradifi (NYSE:FRC)
finance.yahoo.com - February 1 at 5:56 PM
News IconTop Gainers of the Day: First Republic Bank (NYSE:FRC) from Money Center Banks (NYSE:FRC)
twincountynews.com - January 31 at 5:58 PM
finance.yahoo.com logoBaron Asset Fund Comments on First Republic Bank (NYSE:FRC)
finance.yahoo.com - January 30 at 4:24 PM
News IconIs First Republic Bank (NYSE:FRC), a large market cap stock a smart buy? (NYSE:FRC)
twincountynews.com - January 27 at 7:06 PM
us.rd.yahoo.com logoAllianzGI Fund's Bets On Regional Banks Is Paying Off (NYSE:FRC)
us.rd.yahoo.com - January 27 at 7:06 PM
investors.com logoStocks Fueling AllianzGI Fund's Performance Jump From The Trump Bump (NYSE:FRC)
www.investors.com - January 26 at 8:25 PM
istreetwire.com logoStocks Intraday Alert: M&T Bank Corporation (MTB), First Republic Bank (FRC), DaVita Inc. (DVA) - iStreetWire (NYSE:FRC)
istreetwire.com - January 26 at 3:24 PM
News IconStock Flexing Muscles in New Year, Touching a New High: First Republic Bank (NYSE:FRC) - Wall Street Beacon (NYSE:FRC)
wsbeacon.com - January 26 at 3:24 PM
News IconAnalysts Sentiment on FIRST REPUBLIC BANK (FRC) - Highland Mirror (NYSE:FRC)
www.highlandmirror.com - January 26 at 3:24 PM
News IconMA in Focus for First Republic Bank (FRC) - Market Point (NYSE:FRC)
mtptnews.com - January 25 at 11:57 PM
News IconEarnings in Full Force, Analysts Take Aim at FIRST REPUBLIC BANK (NYSE:FRC) - Wall Street Beacon (NYSE:FRC)
wsbeacon.com - January 25 at 11:57 PM
realistinvestor.com logoAnalysts Rating Of FIRST REPUBLIC BANK (NYSE:FRC) At 1.92 (NYSE:FRC)
www.realistinvestor.com - January 25 at 6:45 PM
News IconNext Weeks Broker Price Targets For FIRST REPUBLIC BANK (NYSE:FRC) (NYSE:FRC)
xboxonezone.com - January 24 at 5:57 PM
seekingalpha.com logoFirst Republic Bank goes ex-dividend today (NYSE:FRC)
seekingalpha.com - January 24 at 5:57 PM
News IconFirst Republic Bank (NYSE:FRC) from Money Center Banks – Todays Top Gains (NYSE:FRC)
twincountynews.com - January 24 at 5:57 PM
nasdaq.com logoFIRST REPUBLIC BANK (FRC) Ex-Dividend Date Scheduled for January 24, (NYSE:FRC)
www.nasdaq.com - January 23 at 10:40 PM
reuters.com logoFitch Affirms First Republic at 'A-' Following Mid-Tier Regional Bank Review; Outlook Stable (NYSE:FRC)
www.reuters.com - January 23 at 5:39 PM
News IconLarge Cap Money Center Banks: First Republic Bank (NYSE:FRC) (NYSE:FRC)
twincountynews.com - January 22 at 10:13 PM
News IconLeading stocks in today’s market: First Republic Bank (NYSE:FRC) (NYSE:FRC)
twincountynews.com - January 21 at 10:16 PM
News IconWall Street Holds Inauguration Gains, How Did This Stock Fare: First Republic Bank (NYSE:FRC) - Wall Street Beacon (NYSE:FRC)
wsbeacon.com - January 21 at 5:14 PM
finance.yahoo.com logoFive Senior Wealth Managers Join First Republic (NYSE:FRC)
finance.yahoo.com - January 20 at 6:35 PM
forbes.com logoEx-Dividend Reminder: Ambev, Williams Sonoma and First Republic Bank (NYSE:FRC)
www.forbes.com - January 20 at 12:15 PM
realistinvestor.com logoFIRST REPUBLIC BANK (NYSE:FRC) Analysts Rating At 1.92 - RealistInvestor.com (NYSE:FRC)
www.realistinvestor.com - January 19 at 7:00 PM
News IconFirms & Funds Reinforcing Their Perception of First Republic Bank (NYSE:FRC) - Wall Street Beacon (NYSE:FRC)
wsbeacon.com - January 19 at 7:00 PM
realistinvestor.com logoFIRST REPUBLIC BANK (NYSE:FRC) Mean Rating At $1.92 (NYSE:FRC)
www.realistinvestor.com - January 18 at 5:42 PM
News IconMoney Center Banks: First Republic Bank (NYSE:FRC) Position of the day (NYSE:FRC)
twincountynews.com - January 18 at 5:42 PM
finance.yahoo.com logoPost Earnings Coverage as First Republic Bank's Q4 EPS Surged 22.6%; Beat Expectations (NYSE:FRC)
finance.yahoo.com - January 18 at 5:42 PM
News IconFirst Republic Bank Q4 EPS Tops By A Cent, Revenues Miss Views (NYSE:FRC)
vgtoday.net - January 17 at 5:59 PM
finance.yahoo.com logoWealth Advisor Hank Holland Joins First Republic (NYSE:FRC)
finance.yahoo.com - January 17 at 5:59 PM

Social

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 Friday, January 13th. Stockholders of record on Thursday, January 26th will be paid a dividend of $0.16 per share on Thursday, February 9th. This represents a $0.64 annualized dividend and a dividend yield of 0.67%. The ex-dividend date is Tuesday, January 24th.

Where is First Republic Bank's stock going? Where will First Republic Bank's stock price be in 2017?

13 brokerages have issued 1 year price objectives for First Republic Bank's shares. Their predictions range from $71.00 to $111.00. On average, they expect First Republic Bank's share price to reach $88.40 in the next year.

When will First Republic Bank announce their earnings?

First Republic Bank is scheduled to release their next quarterly earnings announcement on Wednesday, April, 12th 2017.

Who owns First Republic Bank stock?

First Republic Bank's stock is owned by many different of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (7.60%), State Street Corp (3.27%), FMR LLC (3.07%), Thrivent Financial for Lutherans (0.87%), Allianz Asset Management AG (0.55%) and Fiera Capital Corp (0.51%).

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 Thompson Siegel & Walmsley LLC, Baillie Gifford & Co., Fiera Capital Corp, Calamos Advisors LLC, Janus Capital Management LLC, Zurich Insurance Group Ltd FI, Employees Retirement System of Texas and Baird Financial Group Inc..

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 FMR LLC, State Street Corp, Russell Investments Group Ltd., Credit Agricole S A, Discovery Capital Management LLC CT, Asset Management One Co. Ltd., Marshall Wace LLP and Flinton Capital Management LLC.

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 $95.60.

First Republic Bank (NYSE:FRC) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for First Republic Bank (NYSE:FRC)

Earnings History Chart

Earnings by Quarter for First Republic Bank (NYSE:FRC)

Dividend History Chart

Dividend Payments by Quarter for First Republic Bank (NYSE:FRC)

Last Updated on 2/19/2017 by MarketBeat.com Staff