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MarketBeat Week in Review – 3/27 - 3/31
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
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[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
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[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies

First Republic Bank - FRC Stock Forecast, Price & News

$13.99
+0.30 (+2.19%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$13.40
$14.19
50-Day Range
$12.18
$147.00
52-Week Range
$11.52
$173.99
Volume
39.13 million shs
Average Volume
86.47 million shs
Market Capitalization
$2.51 billion
P/E Ratio
1.70
Dividend Yield
7.72%
Price Target
$145.65

First Republic Bank MarketRank™ Forecast

Analyst Rating
Hold
2.30 Rating Score
Upside/​Downside
935.7% Upside
$144.90 Price Target
Short Interest
Bearish
5.00% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.39
Upright™ Environmental Score
News Sentiment
0.51mentions of First Republic Bank in the last 14 days
Based on 36 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
42.40%
From $4.08 to $5.81 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.55 out of 5 stars

Finance Sector

5th out of 890 stocks

Commercial Banks, Not Elsewhere Classified Industry

1st out of 31 stocks


FRC stock logo

About First Republic Bank (NYSE:FRC) Stock

First Republic Bank was founded by Jim Herbert with the intention of providing exceptional levels of customer service. It was his belief that customer service would set the bank apart and create a profitable investment for its shareholders. After 35 years, his vision has proven true with a 25% CAGR that continues to this day. The initial enterprise value has grown from only $8.8 million in that time, to over $19 billion making it the 14th largest bank in the US. First Republic Bank was founded in 1985 and is headquartered in San Francisco, California.

First Republic Bank with its subsidiaries operates in two segments and provides personal banking, business banking, and wealth management services to individuals, families, organizations, and small businesses in the United States. The company’s services are available in-person at one of the more than 80 offices or via ATM, online, mobile, and debit cards.

The company offers deposit products including checking and saving accounts, money market, and CDs as well as a range of lending products. The full range of lending products includes but is not limited to residential mortgages, home equity lines of credit, commercial real estate and construction loans, and personal and business loans.

The company’s wealth management services include advisory services, online investment management, trusts, estate planning, and alternative investments as well as insurance and foreign exchange. The online brokerage service is available to all clients and can be accessed at any time via a web browser or mobile device.

First Republic Bank operates a network of more than 80 deposit-taking branches and 12 wealth management offices. The network is located primarily in California with additional branches in major metropolitan areas and two destination locations that include Portland, Boston, Palm Beach, Greenwich, New York, and Jackson, Wyoming.

First Republic Bank has proven its worth over the year by maintaining a consistently strong capital level, asset quality, and liquidity position. Its prudent management has allowed it to weather market ups and downs while commanding investment grade ratings for its bonds and preferred stock.


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FRC Stock News Headlines

Want Diversified Exposure in the Regional Banks? Try These ETFs (FRC)
The Silicon Valley Bank implosion created a domino effect, with regional bank stocks selling off to levels not seen in years. The key word here is contagion and
Microsoft Is The New Safe Haven (FRC)
That’s probably a headline you never expected to see Microsoft in, especially as we emerge from what was a brutal 2022 for tech, but it’s true.
The "King Of Quants" sees 10X potential...
Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...
Analysts Remain Bullish On These 3 Regional Banks (FRC)
When the dust settles, fundamentally sound banks with diversified revenue sources and sturdy balance sheets will be viewed as investment opportunities.
First Republic Bank Hits New Low, Dimon Pushes for More Cash
First Republic Bank comes back into the crosshairs as S&P cuts the rating for a 2nd time and Jamie Dimon looks for another way to help the institution.
Which Gold Stocks Can Help You Hedge Bank Exposure? (FRC)
The fallout from the Silicon Valley Bank implosion and the subsequent contagion fears spread throughout the banking sector. Nearly all bank stocks
Risk-Free Money Market vs. Bank Dividend Stock, Which is Better? (FRC)
Banks stocks have been making headlines due to the collapse of the nation’s 16th largest bank, Silicon Valley Bank and Signature Bank. Notably, the
These Indicators Suggest Further Upside at Bank of America (FRC)
Rising interest rates may work against myriad of stock sectors, however banking stock historically benefit from this, and Bank of America is first in line
Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
PacWest Bancorp May Escape a Credit Downgrade After this Happens (FRC)
Ongoing concerns in the banking sector have caused credit rating agencies to consider a downgrade for PacWest Bancorp. Hidden trends may wash this decision away
The Big Banks Join Forces to Save First Republic Bank
Top US banks join forces to back First Republic Bank, aiming to restore confidence and stabilize the banking sector amid the ongoing crisis.
AP sources: Group of banks plan at least $20 billion rescue package for First Republic Bank
AP sources: Group of banks plan at least $20 billion rescue package for First Republic Bank
Why Shares of First Republic Are Rebounding This Week
Stocks Jump, Led by Growth Shares
Let's Dig Into First Republic Bank
To Some Investors, Banks Look Like Bargains
See More Headlines
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FRC Company Calendar

Last Earnings
1/13/2023
Ex-Dividend for 2/9 Dividend
1/25/2023
Dividend Payable
2/09/2023
Today
4/01/2023
Next Earnings (Estimated)
4/12/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Commercial banks, not elsewhere classified
Sub-Industry
Regional Banks
Sector
Finance
CUSIP
33616C10
Employees
6,295
Year Founded
1985

Price Target and Rating

Average Stock Price Forecast
$144.90
High Stock Price Forecast
$194.00
Low Stock Price Forecast
$97.00
Forecasted Upside/Downside
+941.1%
Consensus Rating
Hold
Rating Score (0-4)
2.30
Research Coverage
20 Analysts

Profitability

Net Income
$1.67 billion
Pretax Margin
31.70%

Debt

Sales & Book Value

Annual Sales
$6.75 billion
Cash Flow
$9.26 per share
Book Value
$76.89 per share

Miscellaneous

Free Float
178,389,000
Market Cap
$2.51 billion
Optionable
Optionable
Beta
1.15

Social Links


Key Executives

  • Michael J. Roffler
    President, Chief Executive Officer & Director
  • Susie Cranston
    Chief Operating Officer & Executive Vice President
  • Neal Holland
    Chief Financial Officer & Executive Vice President
  • James D. Hughes
    Chief Information Officer & Executive VP
  • David B. Lichtman
    Chief Credit Officer & Senior Executive VP













FRC Stock - Frequently Asked Questions

Should I buy or sell First Republic Bank stock right now?

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Republic Bank in the last twelve months. There are currently 1 sell rating, 12 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" FRC shares. 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 FRC analyst ratings
or view top-rated stocks.

What is First Republic Bank's stock price forecast for 2023?

20 Wall Street research analysts have issued 12 month price objectives for First Republic Bank's shares. Their FRC share price forecasts range from $97.00 to $194.00. On average, they anticipate the company's share price to reach $144.90 in the next year. This suggests a possible upside of 935.7% from the stock's current price.
View analysts price targets for FRC
or view top-rated stocks among Wall Street analysts.

How have FRC shares performed in 2023?

First Republic Bank's stock was trading at $121.89 at the beginning of the year. Since then, FRC shares have decreased by 88.5% and is now trading at $13.99.
View the best growth stocks for 2023 here
.

Are investors shorting First Republic Bank?

First Republic Bank saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 5,000,000 shares, an increase of 7.3% from the February 13th total of 4,660,000 shares. Based on an average daily volume of 1,650,000 shares, the short-interest ratio is currently 3.0 days.
View First Republic Bank's Short Interest
.

When is First Republic Bank's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 12th 2023.
View our FRC earnings forecast
.

How were First Republic Bank's earnings last quarter?

First Republic Bank (NYSE:FRC) issued its quarterly earnings data on Friday, January, 13th. The bank reported $1.88 EPS for the quarter, topping the consensus estimate of $1.82 by $0.06. The bank earned $1.40 billion during the quarter, compared to the consensus estimate of $1.45 billion. First Republic Bank had a trailing twelve-month return on equity of 12.66% and a net margin of 24.66%. First Republic Bank's quarterly revenue was up .0% on a year-over-year basis. During the same quarter last year, the company earned $2.02 EPS.
Read the conference call transcript
.

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 Friday, January 13th. Shareholders of record on Thursday, January 26th will be paid a dividend of $0.27 per share on Thursday, February 9th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 7.72%. The ex-dividend date is Wednesday, January 25th.
Read our dividend analysis for FRC
.

Is First Republic Bank a good dividend stock?

First Republic Bank (NYSE:FRC) pays an annual dividend of $1.08 per share and currently has a dividend yield of 7.57%. FRC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company 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 is 13.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FRC will have a dividend payout ratio of 18.59% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FRC.

What is James H. Herbert II's approval rating as First Republic Bank's CEO?

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

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), BlackRock (BLK), Chipotle Mexican Grill (CMG), Accenture (ACN), Micron Technology (MU), NVIDIA (NVDA), AbbVie (ABBV), Endologix (ELGX), Costco Wholesale (COST) and AutoZone (AZO).

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 do I buy shares of First Republic Bank?

Shares of FRC stock 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.
Compare Top Brokerages Here.

What is First Republic Bank's stock price today?

One share of FRC stock can currently be purchased for approximately $13.99.

How much money does First Republic Bank make?

First Republic Bank (NYSE:FRC) has a market capitalization of $2.51 billion and generates $6.75 billion in revenue each year. The bank earns $1.67 billion in net income (profit) each year or $8.25 on an earnings per share basis.

How many employees does First Republic Bank have?

The company employs 6,295 workers across the globe.

How can I contact First Republic Bank?

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

This page (NYSE:FRC) was last updated on 4/1/2023 by MarketBeat.com Staff