First Republic Bank Stock Forecast, Price & News

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Republic Bank in the last year. There are currently 1 sell rating, 6 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" First Republic Bank stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FRC, but not buy additional shares or sell existing shares.
View analyst ratings for First Republic Bank or view top-rated stocks.

13 analysts have issued 1-year target prices for First Republic Bank's stock. Their FRC stock forecasts range from $157.00 to $250.00. On average, they anticipate First Republic Bank's share price to reach $199.69 in the next twelve months. This suggests a possible upside of 38.5% from the stock's current price.
View analysts' price targets for First Republic Bank or view top-rated stocks among Wall Street analysts.

First Republic Bank's stock was trading at $206.51 at the beginning of 2022. Since then, FRC stock has decreased by 30.2% and is now trading at $144.20.
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First Republic Bank saw a increase in short interest in June. As of June 15th, there was short interest totaling 3,160,000 shares, an increase of 18.8% from the May 31st total of 2,660,000 shares. Based on an average daily volume of 1,200,000 shares, the short-interest ratio is currently 2.6 days. Approximately 1.9% of the shares of the stock are short sold.
View First Republic Bank's Short Interest.

First Republic Bank is scheduled to release its next quarterly earnings announcement on Tuesday, July 12th 2022.
View our earnings forecast for First Republic Bank.

First Republic Bank (NYSE:FRC) posted its quarterly earnings results on Wednesday, April, 13th. The bank reported $2.00 earnings per share for the quarter, beating analysts' consensus estimates of $1.90 by $0.10. The bank had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.40 billion. First Republic Bank had a net margin of 27.93% and a trailing twelve-month return on equity of 12.91%. First Republic Bank's revenue was up 27.3% on a year-over-year basis. During the same period in the previous year, the firm posted $1.79 earnings per share.
View First Republic Bank's earnings history.

First Republic Bank declared a quarterly dividend on Wednesday, April 13th. Stockholders of record on Thursday, April 28th will be paid a dividend of $0.27 per share on Thursday, May 12th. This represents a $1.08 annualized dividend and a yield of 0.75%. The ex-dividend date of this dividend is Wednesday, April 27th. This is a boost from First Republic Bank's previous quarterly dividend of $0.22.
View First Republic Bank's dividend history.

First Republic Bank(NYSE:FRC) pays an annual dividend of $1.08 per share and currently has a dividend yield of 0.74%. First Republic Bank has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of First Republic Bank is 13.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Republic Bank will have a dividend payout ratio of 11.11% next year. This indicates that First Republic Bank will be able to sustain or increase its dividend.
View First Republic Bank's dividend history.

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

Some companies that are related to First Republic Bank include The PNC Financial Services Group (PNC), Truist Financial (TFC), M&T Bank (MTB), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), Regions Financial (RF), Huntington Bancshares (HBAN), KeyCorp (KEY), First Horizon (FHN), Signature Bank (SBNY), First Citizens BancShares (FCNCA), East West Bancorp (EWBC), Commerce Bancshares (CBSH), Zions Bancorporation, National Association (ZION) and Western Alliance Bancorporation (WAL).
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Based on aggregate information from My MarketBeat watchlists, some companies that other First Republic Bank investors own include CA (CA), BlackRock (BLK), Chipotle Mexican Grill (CMG), Accenture (ACN), Micron Technology (MU), NVIDIA (NVDA), AbbVie (ABBV), Endologix (ELGX), Costco Wholesale (COST) and AutoZone (AZO).

First Republic Bank trades on the New York Stock Exchange (NYSE) under the ticker symbol "FRC."

Shares of FRC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FRC stock can currently be purchased for approximately $144.20.

First Republic Bank (NYSE:FRC) has a market capitalization of $25.91 billion and generates $5.31 billion in revenue each year. The bank earns $1.48 billion in net income (profit) each year or $7.88 on an earnings per share basis.

First Republic Bank employs 6,295 workers across the globe.

First Republic Bank was founded in 1985.

First Republic Bank's mailing address is 111 Pine Street 2nd Floor, San Francisco CA, 94111. The official website for First Republic Bank is www.firstrepublic.com. The bank can be reached via phone at (415) 392-1400, via email at [email protected], or via fax at 415-392-1413.