NYSE:FRC - First Republic Bank Stock Price, News, & Analysis

+1.67 (+1.75 %)
(As of 06/18/2019 10:43 AM ET)
Today's Range
Now: $96.94
50-Day Range
MA: $100.27
52-Week Range
Now: $96.94
Volume3,055 shs
Average Volume811,315 shs
Market Capitalization$16.23 billion
P/E Ratio20.20
Dividend Yield0.79%
First Republic Bank, together with its subsidiaries, provides private banking, private business banking, real estate lending, and wealth management services to clients in metropolitan areas in the United States. It operates through two segments, Commercial Banking and Wealth Management. The company offers deposit products, such as checking, money market checking, savings, passbook deposits, and individual retirement accounts, as well as certificates of deposit. Read More…

Industry, Sector and Symbol

Industry Commercial banks, not elsewhere classified
Sub-IndustryRegional Banks



Sales & Book Value

Annual Sales$3.58 billion
Cash Flow$5.9074 per share
Book Value$46.92 per share


Net Income$853.83 million


Market Cap$16.23 billion
Next Earnings Date7/12/2019 (Estimated)

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First Republic Bank (NYSE:FRC) Frequently Asked Questions

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 announced a quarterly dividend on Monday, April 15th. Investors of record on Thursday, April 25th will be paid a dividend of $0.19 per share on Thursday, May 9th. This represents a $0.76 annualized dividend and a yield of 0.78%. The ex-dividend date is Wednesday, April 24th. This is a positive change from First Republic Bank's previous quarterly dividend of $0.18. View First Republic Bank's Dividend History.

How were First Republic Bank's earnings last quarter?

First Republic Bank (NYSE:FRC) announced its quarterly earnings data on Friday, April, 12th. The bank reported $1.26 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.22 by $0.04. The bank earned $807.36 million during the quarter, compared to analysts' expectations of $813.99 million. First Republic Bank had a net margin of 23.61% and a return on equity of 11.56%. During the same quarter in the previous year, the company posted $1.13 EPS. View First Republic Bank's Earnings History.

When is First Republic Bank's next earnings date?

First Republic Bank is scheduled to release their next quarterly earnings announcement on Friday, July 12th 2019. View Earnings Estimates for First Republic Bank.

What price target have analysts set for FRC?

15 equities research analysts have issued 12-month price objectives for First Republic Bank's stock. Their forecasts range from $92.00 to $120.00. On average, they anticipate First Republic Bank's share price to reach $104.57 in the next twelve months. This suggests a possible upside of 7.6% from the stock's current price. View Analyst Price Targets for First Republic Bank.

What is the consensus analysts' recommendation for First Republic Bank?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Republic Bank in the last year. There are currently 10 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for First Republic Bank.

What are Wall Street analysts saying about First Republic Bank stock?

Here are some recent quotes from research analysts about First Republic Bank stock:
  • 1. Maxim Group analysts commented, "4Q18 results included very strong growth in loans and deposits, a wider NIM, and excellent credit quality. We are reiterating our Buy rating and price target of $110. Our price target equates to 20.0x our 2019 EPS estimate, inline with other best-in-class Smid- Cap Banks." (1/15/2019)
  • 2. According to Zacks Investment Research, "First Republic’s shares have outperformed the industry over the past three months. Further, the company's earnings surpassed the Zacks Consensus Estimate in only two of the trailing four quarters. Earnings estimates have been revised downward prior to the company's fourth-quarter 2018 results. Despite rising interest rate environment, decline in net interest margin will continue to hurt interest income growth to some extent.  Although increased loan originations are expected to support the company’s growth prospects over the long run, escalating costs owing to investments in digital initiatives are expected to hurt its bottom-line growth." (1/14/2019)

Has First Republic Bank been receiving favorable news coverage?

Media coverage about FRC stock has been trending somewhat positive on Tuesday, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. First Republic Bank earned a media sentiment score of 1.1 on InfoTrie's scale. They also gave news headlines about the bank a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the stock's share price in the next several days. View News Stories for First Republic Bank.

Who are some of First Republic Bank's key competitors?

What other stocks do shareholders of First Republic Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Republic Bank investors own include CA (CA), General Electric (GE), Mattel (MAT), Ultra Clean (UCTT), BlackRock (BLK), Twitter (TWTR), American National BankShares (AMNB), Enterprise Bancorp (EBTC), Endologix (ELGX) and General Motors (GM).

Who are First Republic Bank's key executives?

First Republic Bank's management team includes the folowing people:
  • Mr. James H. Herbert II, Founder, Chairman & CEO (Age 75)
  • Ms. Hafize Gaye Erkan, Pres & Director (Age 39)
  • Mr. Michael J. Roffler, Exec. VP & CFO (Age 48)
  • Mr. David B. Lichtman, Sr. EVP & Chief Credit Officer (Age 56)
  • Mr. Michael D. Selfridge, Chief Banking Officer & Sr. EVP (Age 52)

Who are First Republic Bank's major shareholders?

First Republic Bank's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.48%), Baillie Gifford & Co. (4.24%), JPMorgan Chase & Co. (3.70%), Parnassus Investments CA (3.49%), Principal Financial Group Inc. (2.78%) and C WorldWide Group Holding A S (1.98%).

Which major investors are selling First Republic Bank stock?

FRC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Wells Fargo & Company MN, FMR LLC, JPMorgan Chase & Co., Diamond Hill Capital Management Inc., Parnassus Investments CA, Toronto Dominion Bank and C WorldWide Group Holding A S.

Which major investors are buying First Republic Bank stock?

FRC stock was purchased by a variety of institutional investors in the last quarter, including Northern Trust Corp, Commerce Bank, SeaTown Holdings Pte. Ltd., California Public Employees Retirement System, First Trust Advisors LP, Ownership Capital B.V., American International Group Inc. and State Treasurer State of Michigan.

How do I buy shares of First Republic Bank?

Shares of FRC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is First Republic Bank's stock price today?

One share of FRC stock can currently be purchased for approximately $97.22.

How big of a company is First Republic Bank?

First Republic Bank has a market capitalization of $16.27 billion and generates $3.58 billion in revenue each year. The bank earns $853.83 million in net income (profit) each year or $4.81 on an earnings per share basis. First Republic Bank employs 4,480 workers across the globe.View Additional Information About First Republic Bank.

What is First Republic Bank's official website?

The official website for First Republic Bank is http://www.firstrepublic.com/.

How can I contact First Republic Bank?

First Republic Bank's mailing address is 111 Pine Street 2nd Floor, San Francisco CA, 94111. The bank can be reached via phone at 415-392-1400 or via email at [email protected]

MarketBeat Community Rating for First Republic Bank (NYSE FRC)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  465 (Thanks for Voting!)
Underperform Votes:  530 (Thanks for Voting!)
Total Votes:  995
MarketBeat's community ratings are surveys of what our community members think about First Republic Bank and other stocks. Vote "Outperform" if you believe FRC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FRC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/18/2019 by MarketBeat.com Staff

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