First Republic Bank Company Profile (NYSE:FRC)

About First Republic Bank (NYSE:FRC)

First Republic Bank logoFirst Republic Bank is a commercial bank and trust company. The Bank specializes in providing services, including private banking, private business banking, real estate lending and wealth management services, including trust and custody services, to clients in selected metropolitan areas in the United States. It operates through two segments: Commercial Banking and Wealth Management. The Commercial Banking segment is engaged in attracting funds from the public; originating loans, primarily real estate secured mortgage loans, and investing in investment securities. The Wealth Management segment consists of First Republic Investment Management, Inc.; its money market mutual fund activities through third-party providers and the brokerage activities of First Republic Securities Company, LLC; First Republic Trust Company and First Republic Trust Company of Delaware LLC (the Trust Company), and its foreign exchange activities. It offers a range of internally managed investment services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Commercial Banks
  • Sub-Industry: Regional Banks
  • Symbol: NYSE:FRC
  • CUSIP: 33616C10
  • Web:
  • Market Cap: $15.82 billion
  • Outstanding Shares: 157,756,000
Average Prices:
  • 50 Day Moving Avg: $99.62
  • 200 Day Moving Avg: $97.42
  • 52 Week Range: $72.43 - $105.52
  • Trailing P/E Ratio: 23.65
  • Foreward P/E Ratio: 19.82
  • P/E Growth: 1.67
Sales & Book Value:
  • Annual Revenue: $2.46 billion
  • Price / Sales: 6.43
  • Book Value: $40.76 per share
  • Price / Book: 2.46
  • Annual Dividend: $0.68
  • Dividend Yield: 0.7%
  • Net Margins: 26.85%
  • Return on Equity: 12.06%
  • Return on Assets: 0.94%
  • Debt-to-Equity Ratio: 1.55%
  • Current Ratio: 0.95%
  • Quick Ratio: 0.94%
  • Average Volume: 732,337 shs.
  • Beta: 1.01
  • Short Ratio: 4.66

Frequently Asked Questions for First Republic Bank (NYSE:FRC)

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, October 16th. Shareholders of record on Thursday, October 26th will be paid a dividend of $0.17 per share on Thursday, November 9th. This represents a $0.68 annualized dividend and a yield of 0.68%. The ex-dividend date is Wednesday, October 25th. View First Republic Bank's Dividend History.

How were First Republic Bank's earnings last quarter?

First Republic Bank (NYSE:FRC) released its earnings results on Friday, October, 13th. The company reported $1.14 EPS for the quarter, missing analysts' consensus estimates of $1.16 by $0.02. The business earned $670.30 million during the quarter, compared to the consensus estimate of $678.25 million. First Republic Bank had a return on equity of 12.06% and a net margin of 26.85%. First Republic Bank's revenue was up 20.1% compared to the same quarter last year. During the same period last year, the company earned $1.00 EPS. View First Republic Bank's Earnings History.

When will First Republic Bank make its next earnings announcement?

First Republic Bank is scheduled to release their next quarterly earnings announcement on Friday, January, 12th 2018. View Earnings Estimates for First Republic Bank.

Where is First Republic Bank's stock going? Where will First Republic Bank's stock price be in 2017?

14 brokers have issued 12 month price objectives for First Republic Bank's shares. Their predictions range from $87.00 to $121.00. On average, they anticipate First Republic Bank's stock price to reach $102.93 in the next year. View Analyst Ratings for First Republic Bank.

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

Who are First Republic Bank's key executives?

First Republic Bank's management team includes the folowing people:

  • James H. Herbert II, Chairman of the Board, Chief Executive Officer
  • Katherine August-deWilde, Vice Chairman of the Board
  • Michael J. Roffler, Chief Financial Officer, Executive Vice President
  • Michael J. Harrington, Chairman of First Republic Trust Company
  • Kelly Johnston, President - First Republic Trust Company
  • David Tateosian, President - First Republic Securities Company
  • Jason C. Bender, Chief Operating Officer, Executive Vice President
  • Mollie M. Richardson, Executive Vice President, Chief Administrative Officer and Chief People Officer
  • Hafize Gaye Erkan, Executive Vice President and Chief Deposit Officer and Chief Investment Officer
  • Dale A. Smith, Executive Vice President, Chief Information Officer

Who owns First Republic Bank stock?

First Republic Bank's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Diamond Hill Capital Management Inc. (1.02%), Douglas Lane & Associates LLC (0.26%), Fisher Asset Management LLC (0.21%), Barometer Capital Management Inc. (0.04%), Sit Investment Associates Inc. (0.03%) and Covenant Asset Management LLC (0.02%). View Institutional Ownership Trends for First Republic Bank.

Who sold First Republic Bank stock? Who is selling First Republic Bank stock?

First Republic Bank's stock was sold by a variety of institutional investors in the last quarter, including Shell Asset Management Co., Barometer Capital Management Inc., Fisher Asset Management LLC, Sumitomo Life Insurance Co., Sit Investment Associates Inc. and Covenant Asset Management LLC. View Insider Buying and Selling for First Republic Bank.

Who bought First Republic Bank stock? Who is buying First Republic Bank stock?

First Republic Bank's stock was acquired by a variety of institutional investors in the last quarter, including Douglas Lane & Associates LLC and Diamond Hill Capital Management Inc.. View Insider Buying and Selling for First Republic Bank.

How do I buy First Republic Bank stock?

Shares of First Republic Bank can be purchased through any online brokerage account. Popular online brokerages 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 First Republic Bank stock can currently be purchased for approximately $100.29.

MarketBeat Community Rating for First Republic Bank (NYSE FRC)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  345 (Vote Outperform)
Underperform Votes:  391 (Vote Underperform)
Total Votes:  736
MarketBeat's community ratings are surveys of what our community members think about First Republic Bank and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for First Republic Bank (NYSE:FRC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 8 Hold Ratings, 6 Buy Ratings
Consensus Rating:Hold (Score: 2.43)
Consensus Price Target: $102.93 (2.63% upside)
Consensus Price Target History for First Republic Bank (NYSE:FRC)
Price Target History for First Republic Bank (NYSE:FRC)
Analysts' Ratings History for First Republic Bank (NYSE:FRC)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/19/2017Jefferies Group LLCReiterated RatingBuy$111.00N/AView Rating Details
10/16/2017Barclays PLCSet Price TargetHold$104.00 -> $102.00N/AView Rating Details
10/16/2017Raymond James Financial, Inc.Lower Price TargetOutperform$108.00 -> $105.00N/AView Rating Details
10/16/2017Wells Fargo & CompanyLower Price TargetMarket Perform$100.00 -> $95.00N/AView Rating Details
10/16/2017BMO Capital MarketsLower Price TargetMarket Perform$96.00 -> $92.00N/AView Rating Details
10/15/2017Piper Jaffray CompaniesSet Price TargetHold$99.00N/AView Rating Details
10/13/2017Keefe, Bruyette & WoodsReiterated RatingHold$87.00N/AView Rating Details
9/29/2017Royal Bank Of CanadaReiterated RatingNeutral -> HoldLowView Rating Details
7/14/2017Maxim GroupReiterated RatingBuy -> Buy$105.00 -> $110.00LowView Rating Details
7/6/2017Morgan StanleyReiterated RatingEqual Weight$102.00 -> $104.00MediumView Rating Details
6/27/2017WedbushReiterated RatingOutperform$121.00HighView Rating Details
4/18/2017Deutsche Bank AGBoost Price TargetHold$98.00 -> $101.00LowView Rating Details
2/2/2017JMP SecuritiesInitiated CoverageOutperform$111.00N/AView Rating Details
1/17/2017FBR & CoBoost Price TargetOutperform$100.00 -> $105.00N/AView Rating Details
7/17/2016J P Morgan Chase & CoReiterated RatingBuyN/AView Rating Details
5/8/2016Canaccord GenuityReiterated RatingBuyN/AView Rating Details
2/22/2016HSBC Holdings plcUpgradeHold -> BuyN/AView Rating Details
(Data available from 10/23/2015 forward)


Earnings History for First Republic Bank (NYSE:FRC)
Earnings by Quarter for First Republic Bank (NYSE:FRC)
Earnings History by Quarter for First Republic Bank (NYSE FRC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/11/2018N/AView Earnings Details
10/13/2017Q3 2017$1.16$1.14$678.25 million$670.30 millionViewN/AView Earnings Details
7/14/2017Q2 2017$1.09$1.06$671.27 million$641.30 millionViewN/AView Earnings Details
4/13/2017Q1 2017$1.01$1.01$626.14 million$601.14 millionViewN/AView Earnings Details
1/13/2017Q416$1.01$1.03$623.91 million$599.50 millionViewListenView Earnings Details
10/13/2016Q316$0.99$1.00$592.65 million$557.90 millionViewListenView Earnings Details
7/14/2016Q216$0.91$0.97$568.53 million$535.10 millionViewListenView Earnings Details
4/14/2016Q116$0.80$0.88$542.20 million$519.60 millionViewListenView Earnings Details
1/14/2016Q415$0.80$0.82$514.20 million$484.90 millionViewListenView Earnings Details
10/15/2015Q315$0.81$0.82$489.22 million$468.60 millionViewListenView Earnings Details
7/16/2015Q215$0.78$0.80$450.72 million$455.30 millionViewListenView Earnings Details
4/16/2015Q115$0.69$0.71$433.70 million$422.90 millionViewListenView Earnings Details
1/15/2015Q4$0.72$0.72$427.98 million$416.69 millionViewListenView Earnings Details
10/16/2014Q314$0.79$0.81$433.70 million$440.60 millionViewListenView Earnings Details
7/16/2014Q214$0.76$0.76$410.56 million$388.80 millionViewN/AView Earnings Details
4/16/2014Q114$0.64$0.73$395.92 millionViewListenView Earnings Details
1/16/2014Q413$0.75$0.66$326.24 million$371.00 millionViewListenView Earnings Details
10/15/2013Q313$0.76$0.75$319.20 million$361.80 millionViewListenView Earnings Details
7/17/2013Q2 2013$0.74$0.77$307.01 millionViewListenView Earnings Details
4/15/2013Q1 2013$0.73$0.72$316.45 millionViewListenView Earnings Details
1/16/2013Q4 2012$0.73$0.77$308.21 million$357.90 millionViewListenView Earnings Details
10/17/2012$0.68$0.72ViewN/AView Earnings Details
7/18/2012$0.59$0.60ViewN/AView Earnings Details
4/18/2012$0.61$0.67ViewN/AView Earnings Details
1/17/2012$0.67$0.68ViewN/AView Earnings Details
10/20/2011$0.60$0.66ViewN/AView Earnings Details
7/20/2011$0.61$0.64ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for First Republic Bank (NYSE:FRC)
2017 EPS Consensus Estimate: $4.48
2018 EPS Consensus Estimate: $5.29
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.99$1.03$1.01
Q2 20174$1.05$1.13$1.10
Q3 20174$1.11$1.18$1.15
Q4 20174$1.12$1.27$1.22
Q1 20184$1.08$1.33$1.20
Q2 20184$1.16$1.37$1.29
Q3 20184$1.25$1.45$1.37
Q4 20184$1.31$1.54$1.44
(Data provided by Zacks Investment Research)


Current Dividend Information for First Republic Bank (NYSE:FRC)
Next Dividend:11/9/2017
Annual Dividend:$0.68
Dividend Yield:0.68%
Dividend Growth:20.50% (3 Year Average)
Payout Ratio:16.04% (Trailing 12 Months of Earnings)
15.53% (Based on This Year's Estimates)
13.44% (Based on Next Year's Estimates)
Track Record:4 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for First Republic Bank (NYSE:FRC)

Dividend History by Quarter for First Republic Bank (NYSE FRC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for First Republic Bank (NYSE:FRC)
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Headline Trends for First Republic Bank (NYSE:FRC)
Latest Headlines for First Republic Bank (NYSE:FRC)
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First Republic Bank (FRC) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by Staff

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