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: www.firstrepublic.com
Capitalization:
  • Market Cap: $15.25 billion
  • Outstanding Shares: 157,756,000
Average Prices:
  • 50 Day Moving Avg: $99.63
  • 200 Day Moving Avg: $97.34
  • 52 Week Range: $72.43 - $105.52
P/E:
  • Trailing P/E Ratio: 23.58
  • Foreward P/E Ratio: 18.81
  • P/E Growth: 1.52
Sales & Book Value:
  • Annual Revenue: $2.34 billion
  • Price / Sales: 6.52
  • Book Value: $39.76 per share
  • Price / Book: 2.43
Dividend:
  • Annual Dividend: $0.68
  • Dividend Yield: 0.7%
Profitability:
  • Net Margins: 26.85%
  • Return on Equity: 12.06%
  • Return on Assets: 0.94%
Debt:
  • Debt-to-Equity Ratio: 1.55%
  • Current Ratio: 0.95%
  • Quick Ratio: 0.94%
Misc:
  • Average Volume: 671,019 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 declared a quarterly dividend on Monday, October 16th. Shareholders of record on Thursday, October 26th will be given a dividend of $0.17 per share on Thursday, November 9th. This represents a $0.68 annualized dividend and a yield of 0.70%. The ex-dividend date of this dividend 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 quarterly earnings results on Friday, October, 13th. The company reported $1.14 earnings per share for the quarter, missing analysts' consensus estimates of $1.16 by $0.02. The company 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 quarterly revenue was up 20.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.00 earnings per share. 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 Thursday, January, 11th 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 equities research analysts have issued twelve-month price targets for First Republic Bank's shares. Their predictions range from $87.00 to $121.00. On average, they expect First Republic Bank's stock price to reach $103.57 in the next twelve months. 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

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 $96.66.


MarketBeat Community Rating for First Republic Bank (NYSE FRC)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  343 (Vote Outperform)
Underperform Votes:  388 (Vote Underperform)
Total Votes:  731
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: $103.57 (7.15% 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)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
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
9/29/2017Jefferies Group LLCBoost Price TargetBuy$109.00 -> $120.00MediumView 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 10/16/2015 forward)

Earnings

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)

Estimates

Earnings Estimates for First Republic Bank (NYSE:FRC)
2017 EPS Consensus Estimate: $4.50
2018 EPS Consensus Estimate: $5.35
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$1.20$1.27$1.24
Q1 20184$1.14$1.33$1.21
Q2 20184$1.22$1.37$1.31
Q3 20184$1.31$1.45$1.38
Q4 20184$1.38$1.54$1.45
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for First Republic Bank (NYSE:FRC)
Next Dividend:11/9/2017
Annual Dividend:$0.68
Dividend Yield:0.70%
Dividend Growth:20.50% (3 Year Average)
Payout Ratio:16.04% (Trailing 12 Months of Earnings)
15.45% (Based on This Year's Estimates)
13.23% (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
10/16/2017quarterly$0.170.7%10/25/201710/26/201711/9/2017
7/14/2017Quarterly$0.170.68%7/25/20177/27/20178/10/2017
4/13/2017quarterly$0.174/25/20174/27/20175/11/2017
1/13/2017quarterly$0.160.7%1/24/20171/26/20172/9/2017
10/13/2016quarterly$0.160.86%10/25/201610/27/201611/10/2016
7/14/2016quarterly$0.160.9%7/26/20167/28/20168/11/2016
4/14/2016quarterly$0.160.92%4/26/20164/28/20165/12/2016
1/15/2016quarterly$0.150.95%1/26/20161/28/20162/11/2016
10/16/2015quarterly$0.150.95%10/27/201510/29/201511/12/2015
7/16/2015quarterly$0.150.94%7/28/20157/30/20158/13/2015
4/17/2015quarterly$0.151.02%4/28/20154/30/20155/14/2015
1/15/2015quarterly$0.141.16%1/27/20151/29/20152/12/2015
10/16/2014quarterly$0.141.19%10/28/201410/30/201411/13/2014
7/16/2014quarterly$0.141.17%7/30/20148/1/20148/15/2014
4/16/2014quarterly$0.141.08%4/29/20145/1/20145/15/2014
1/16/2014quarterly$0.120.94%1/29/20141/31/20142/14/2014
10/15/2013quarterly$0.120.99%10/30/201311/1/201311/15/2013
7/17/2013quarterly$0.121.15%7/30/20138/1/20138/15/2013
4/15/2013quarterly$0.121.27%4/29/20135/1/20135/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for First Republic Bank (NYSE:FRC)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for First Republic Bank (NYSE:FRC)
Latest Headlines for First Republic Bank (NYSE:FRC)
Source:
DateHeadline
rttnews.com logoFirst Republic Bank (FRC) Fell To A 1-Month Low After Q3 Miss
www.rttnews.com - October 16 at 7:10 PM
finance.yahoo.com logoFirst Republic Bank, Inc. breached its 50 day moving average in a Bearish Manner : FRC-US : October 16, 2017
finance.yahoo.com - October 16 at 7:10 PM
finance.yahoo.com logoFirst Republic (FRC) Misses on Q3 Earnings, Shares Drop 7.1%
finance.yahoo.com - October 16 at 7:10 PM
americanbankingnews.com logoFirst Republic Bank (FRC) Announces $0.17 Quarterly Dividend
www.americanbankingnews.com - October 16 at 6:20 PM
americanbankingnews.com logoFirst Republic Bank (FRC) PT Lowered to $105.00 at Raymond James Financial, Inc.
www.americanbankingnews.com - October 16 at 3:32 PM
americanbankingnews.com logoFirst Republic Bank (FRC) Price Target Cut to $102.00
www.americanbankingnews.com - October 16 at 3:32 PM
americanbankingnews.com logoFirst Republic Bank (FRC) Price Target Cut to $95.00
www.americanbankingnews.com - October 16 at 12:58 PM
americanbankingnews.com logoFirst Republic Bank (FRC) Price Target Cut to $92.00 by Analysts at BMO Capital Markets
www.americanbankingnews.com - October 16 at 9:52 AM
americanbankingnews.com logoFirst Republic Bank's (FRC) Hold Rating Reiterated at Keefe, Bruyette & Woods
www.americanbankingnews.com - October 14 at 11:42 AM
finance.yahoo.com logoEdited Transcript of FRC earnings conference call or presentation 13-Oct-17 2:00pm GMT
finance.yahoo.com - October 14 at 2:30 AM
nasdaq.com logoMidday Update: Stocks Bolstered by Upbeat Consumer Sentiment, Retail Sales - Nasdaq
www.nasdaq.com - October 13 at 9:27 PM
nasdaq.com logoFinancial Sector Update for 10/13/2017: FRC,OHI,BCRH - Nasdaq
www.nasdaq.com - October 13 at 9:27 PM
rttnews.com logoFirst Republic Bank Q3 Profit Advances 20%
www.rttnews.com - October 13 at 4:25 PM
seekingalpha.com logoFirst Republic Bank's (FRC) CEO Jim Herbert on Q3 2017 Results - Earnings Call Transcript
seekingalpha.com - October 13 at 4:25 PM
finance.yahoo.com logoFirst Republic Reports Strong Third Quarter 2017 Results
finance.yahoo.com - October 13 at 4:24 PM
americanbankingnews.com logoFIRST REPUBLIC BANK (FRC) Posts Earnings Results, Misses Estimates By $0.01 EPS
www.americanbankingnews.com - October 13 at 8:44 AM
benzinga.com logoEarnings Scheduled For October 13, 2017 - Benzinga
www.benzinga.com - October 13 at 5:43 AM
nasdaq.com logoPre-Market Earnings Report for October 13, 2017 : WFC, BAC, PNC, FRC, FHN, DFRG - Nasdaq
www.nasdaq.com - October 13 at 5:43 AM
americanbankingnews.com logoFirst Republic Bank (FRC) vs. The Competition Financial Comparison
www.americanbankingnews.com - October 11 at 6:20 PM
americanbankingnews.com logoFirst Republic Bank to Post Q1 2018 Earnings of $1.14 Per Share, Jefferies Group Forecasts (FRC)
www.americanbankingnews.com - October 11 at 10:34 AM
nasdaq.com logo5 Big Banks with Awesome Earnings Charts - Nasdaq
www.nasdaq.com - October 10 at 9:32 PM
streetinsider.com logoBarclays Downgrades First Republic Bank (FRC) to Equalweight - StreetInsider.com
www.streetinsider.com - October 10 at 4:32 PM
streetinsider.com logoBarclays Downgrades First Republic Bank (FRC) to Equalweight
www.streetinsider.com - October 10 at 4:32 PM
americanbankingnews.com logoAnalysts Offer Predictions for First Republic Bank's FY2019 Earnings (FRC)
www.americanbankingnews.com - October 10 at 2:14 PM
nasdaq.com logoFirst Republic Bank's Series F Preferred Stock Crosses Above 5.5% Yield Territory
www.nasdaq.com - October 9 at 7:04 PM
finance.yahoo.com logoETFs with exposure to First Republic Bank, Inc. : October 9, 2017
finance.yahoo.com - October 9 at 7:04 PM
americanbankingnews.com logoFirst Republic Bank (FRC) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - October 8 at 10:44 AM
baystreet.ca logoAbbreviated Week on Markets
www.baystreet.ca - October 6 at 7:16 PM
nasdaq.com logoFirst Republic Bank's Series D Preferred Stock Crosses Above 5.5% Yield Territory
www.nasdaq.com - October 6 at 7:16 PM
finance.yahoo.com logoSequoia Mortgage Trust 2017-7 -- Moody's assigns definitive ratings to Prime RMBS issued by Sequoia Mortgage Trust 2017-7
finance.yahoo.com - October 6 at 7:16 PM
americanbankingnews.com logoFirst Republic Bank (FRC) to Release Earnings on Friday
www.americanbankingnews.com - October 6 at 1:03 AM
americanbankingnews.com logo$687.58 Million in Sales Expected for FIRST REPUBLIC BANK (FRC) This Quarter
www.americanbankingnews.com - October 5 at 3:58 AM
finance.yahoo.com logoFirst Republic Bank, Inc. :FRC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 28, 2017
finance.yahoo.com - October 2 at 2:25 PM
finance.yahoo.com logoETFs with exposure to First Republic Bank, Inc. : September 29, 2017
finance.yahoo.com - October 2 at 2:25 PM
finance.yahoo.com logoSequoia Mortgage Trust 2017-CH1 -- Moody's assigns definitive ratings to Prime RMBS issued by Sequoia Mortgage Trust 2017-CH1
finance.yahoo.com - October 2 at 2:25 PM
nasdaq.com logoStocks Make Record Highs; Why These 3 Homebuilders Hit Buy Points - Nasdaq
www.nasdaq.com - September 30 at 8:07 AM
americanbankingnews.com logoFIRST REPUBLIC BANK's (FRC) "Hold" Rating Reiterated at Royal Bank Of Canada
www.americanbankingnews.com - September 30 at 6:46 AM
thestreet.com logo200 Firms Nationwide Now Working With Gradifi To Offer A Student Loan Repayment Benefit To Their Employees
www.thestreet.com - September 29 at 7:43 PM
streetinsider.com logoFirst Republic Bank (FRC) PT Raised to $120 at Jefferies - StreetInsider.com
www.streetinsider.com - September 29 at 2:36 PM
americanbankingnews.com logoJefferies Group LLC Boosts First Republic Bank (FRC) Price Target to $120.00
www.americanbankingnews.com - September 29 at 9:08 AM
businesswire.com logoFirst Republic Bank Announces Third Quarter 2017 Earnings and Conference Call Date - Business Wire (press release)
www.businesswire.com - September 27 at 11:17 PM
marketwatch.com logoFirst Republic Bank Announces Third Quarter 2017 Earnings and Conference Call Date
www.marketwatch.com - September 27 at 6:17 PM
finance.yahoo.com logoFirst Republic Bank, Inc. breached its 50 day moving average in a Bullish Manner : FRC-US : September 21, 2017
finance.yahoo.com - September 21 at 6:55 PM
americanbankingnews.com logoComparing 1st Constitution Bancorp (NJ) (FCCY) and First Republic Bank (FRC)
www.americanbankingnews.com - September 20 at 8:08 AM
nasdaq.com logoFirst Week of FRC May 2018 Options Trading
www.nasdaq.com - September 19 at 6:47 PM
finance.yahoo.com logoSequoia Mortgage Trust 2017-CH1 -- Moody's upgrades provisional ratings on two classes of certificates and assigns new provisional ratings to certificates to be issued by Sequoia Mortgage Trust 2017-CH1
finance.yahoo.com - September 18 at 8:32 PM
americanbankingnews.com logoFirst Republic Bank's (FRC) "Buy" Rating Reaffirmed at Jefferies Group LLC
www.americanbankingnews.com - September 16 at 4:38 PM
americanbankingnews.com logoFirst Republic Bank (FRC) Expected to Post Quarterly Sales of $687.58 Million
www.americanbankingnews.com - September 16 at 9:10 AM
nasdaq.com logoFirst Republic Bank's Series C Preferred Stock Yield Pushes Past 5.5%
www.nasdaq.com - September 15 at 7:23 PM
finance.yahoo.com logoMotus Selects Gradifi to Expand its Student Loan Repayment Program
finance.yahoo.com - September 15 at 7:23 PM

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Chart

First Republic Bank (FRC) Chart for Monday, October, 16, 2017

This page was last updated on 10/16/2017 by MarketBeat.com Staff

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