NYSE:FRCFirst Republic Bank Stock Price, Forecast & News

First Republic Bank's stock was trading at $89.22 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FRC stock has increased by 18.2% and is now trading at $105.48. View which stocks have been most impacted by Coronavirus.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Republic Bank in the last year. There are currently 1 sell rating, 9 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for First Republic Bank.

First Republic Bank is scheduled to release its next quarterly earnings announcement on Tuesday, July 14th 2020. View our earnings forecast for First Republic Bank.

First Republic Bank will be holding an earnings conference call on Tuesday, July 14th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

First Republic Bank (NYSE:FRC) released its earnings results on Tuesday, April, 14th. The bank reported $1.20 EPS for the quarter, beating the Zacks' consensus estimate of $1.16 by $0.04. The bank earned $916.20 million during the quarter, compared to analysts' expectations of $882.80 million. First Republic Bank had a return on equity of 10.64% and a net margin of 21.46%. First Republic Bank's revenue was up 10.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.26 earnings per share. View First Republic Bank's earnings history.

First Republic Bank announced a quarterly dividend on Tuesday, April 14th. Shareholders of record on Thursday, April 30th will be given a dividend of $0.20 per share on Thursday, May 14th. This represents a $0.80 annualized dividend and a dividend yield of 0.76%. The ex-dividend date of this dividend is Wednesday, April 29th. This is an increase from First Republic Bank's previous quarterly dividend of $0.19. View First Republic Bank's dividend history.

17 brokers have issued twelve-month price objectives for First Republic Bank's shares. Their forecasts range from $68.00 to $140.00. On average, they expect First Republic Bank's stock price to reach $111.25 in the next year. This suggests a possible upside of 5.5% from the stock's current price. View analysts' price targets for First Republic Bank.

Media stories about FRC stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public 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 1.3 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about First Republic Bank.

Some companies that are related to First Republic Bank include Truist Financial (TFC), PNC Financial Services Group (PNC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC), Cullen/Frost Bankers (CFR) and TCF Financial (TCF). View all competitors.

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), Endologix (ELGX), Aegean Marine Petroleum Network (ANW), Accenture (ACN), AutoZone (AZO), Micron Technology (MU), NVIDIA (NVDA) and United Rentals (URI).

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

First Republic Bank's stock is owned by many different retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.13%), Vigilant Capital Management LLC (0.09%), Hexavest Inc. (0.05%), State of Alaska Department of Revenue (0.05%), First Financial Bank Trust Division (0.04%) and Whittier Trust Co. (0.04%).

FRC stock was sold by a variety of institutional investors in the last quarter, including Enterprise Bank & Trust Co.

FRC stock was purchased by a variety of institutional investors in the last quarter, including Hexavest Inc., State of Alaska Department of Revenue, Whittier Trust Co., Whittier Trust Co. of Nevada Inc., Envestnet Asset Management Inc., First Financial Bank Trust Division, Robecosam AG, and Canandaigua National Corp.

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, Robinhood, Fidelity, and Charles Schwab.

One share of FRC stock can currently be purchased for approximately $105.48.

First Republic Bank has a market capitalization of $18.08 billion and generates $4.16 billion in revenue each year. The bank earns $930.33 million in net income (profit) each year or $5.20 on an earnings per share basis. First Republic Bank employs 4,812 workers across the globe.

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

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]