First Republic Bank Stock Forecast, Price & 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 shares have increased by 21.2% and is now trading at $108.17.
View which stocks have been most impacted by COVID-19.

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, October 20th 2020.
View our earnings forecast for First Republic Bank.

First Republic Bank (NYSE:FRC) issued its quarterly earnings data on Tuesday, July, 14th. The bank reported $1.40 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.17 by $0.23. The bank earned $943.40 million during the quarter, compared to analysts' expectations of $937.90 million. First Republic Bank had a return on equity of 10.68% and a net margin of 22.03%. The firm's revenue was up 6.5% on a year-over-year basis. During the same period last year, the business posted $1.24 EPS.
View First Republic Bank's earnings history.

First Republic Bank declared a quarterly dividend on Tuesday, July 14th. Shareholders of record on Thursday, July 30th will be given a dividend of $0.20 per share on Thursday, August 13th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date of this dividend is Wednesday, July 29th.
View First Republic Bank's dividend history.

17 Wall Street analysts have issued twelve-month price targets for First Republic Bank's stock. Their forecasts range from $85.00 to $140.00. On average, they expect First Republic Bank's share price to reach $113.13 in the next twelve months. This suggests a possible upside of 4.6% from the stock's current price.
View analysts' price targets for 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), SVB Financial Group (SIVB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION), East West Bancorp (EWBC), Signature Bank (SBNY), Cullen/Frost Bankers (CFR) and First Financial Bankshares (FFIN).
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), Accenture (ACN), Micron Technology (MU), Endologix (ELGX), NVIDIA (NVDA), AbbVie (ABBV), Costco Wholesale (COST) and Aegean Marine Petroleum Network (ANW).

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

First Republic Bank's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.98%), Principal Financial Group Inc. (2.31%), Canada Pension Plan Investment Board (1.76%), C WorldWide Group Holding A S (1.66%), Diamond Hill Capital Management Inc. (1.59%) and Ensign Peak Advisors Inc (1.56%).

FRC stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Marshall Wace North America L.P., Thrivent Financial for Lutherans, Bank of Nova Scotia, Balyasny Asset Management LLC, Goldman Sachs Group Inc., Mar Vista Investment Partners LLC, and California Public Employees Retirement System.

FRC stock was purchased by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Alecta Pensionsforsakring Omsesidigt, Nordea Investment Management AB, Ensign Peak Advisors Inc, WCM Investment Management LLC, Marathon Asset Management LLP, KAMES CAPITAL plc, and Victory Capital Management Inc..

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 $108.17.

First Republic Bank has a market capitalization of $18.62 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]