S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
NYSE:FRC

First Republic Bank (FRC) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
N/A
50-Day Range
$2.30
$123.22
52-Week Range
N/A
Volume
16.16 million shs
Average Volume
36.30 million shs
Market Capitalization
$413.19 million
P/E Ratio
0.31
Dividend Yield
17.45%
Price Target
$55.67

First Republic Bank MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.92 Rating Score
Upside/​Downside
∞ Upside
$55.67 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.39
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.77) to $0.49 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.18 out of 5 stars

Finance Sector

491st out of 869 stocks

Commercial Banks, Not Elsewhere Classified Industry

19th out of 28 stocks


FRC stock logo

About First Republic Bank Stock (NYSE:FRC)

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.



FRC Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
New York Community Bancorp: First Republic Bank 2.0
The regional bank crisis is not over
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
High Rates to Aid JPMorgan (JPM) Q3 Earnings, IB to Hurt
First Republic Bank CD rates August 2023
FRC_ph Historical Data
See More Headlines
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Company Calendar

Last Earnings
4/24/2023
Today
3/03/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
Regional Banks
CUSIP
33616C10
Employees
7,213
Year Founded
1985

Price Target and Rating

Average Stock Price Target
$55.67
High Stock Price Target
$140.00
Low Stock Price Target
$11.00
Consensus Rating
Reduce
Rating Score (0-4)
1.92
Research Coverage
12 Analysts

Profitability

Net Income
$1.67 billion
Pretax Margin
26.17%

Debt

Sales & Book Value

Annual Sales
$5.77 billion
Book Value
$79.92 per share

Miscellaneous

Free Float
178,389,000
Market Cap
$413.19 million
Optionable
Optionable
Beta
1.01

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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 Analysis - Frequently Asked Questions

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

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Republic Bank in the last year. There are currently 2 sell ratings, 9 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" FRC shares.
View FRC analyst ratings
or view top-rated stocks.

What is First Republic Bank's stock price target for 2024?

12 brokers have issued twelve-month target prices for First Republic Bank's stock. Their FRC share price targets range from $11.00 to $140.00. On average, they expect the company's stock price to reach $55.67 in the next year.
View analysts price targets for FRC
or view top-rated stocks among Wall Street analysts.

How were First Republic Bank's earnings last quarter?

First Republic Bank (NYSE:FRC) announced its quarterly earnings data on Monday, April, 24th. The bank reported $1.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.72 by $0.51. The bank earned $1.21 billion during the quarter, compared to analysts' expectations of $1.13 billion. First Republic Bank had a net margin of 20.45% and a trailing twelve-month return on equity of 11.26%. The company's quarterly revenue was down 13.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.00 EPS.
Read the conference call transcript
.

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 17.45%. FRC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 14.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, FRC will have a dividend payout ratio of 220.41% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for FRC.

What ETF holds First Republic Bank's stock ?

John Hancock Multifactor Mid Cap ETF holds 53,325 shares of FRC stock, representing 0.24% of its portfolio.

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

Who are First Republic Bank's major shareholders?

First Republic Bank's stock is owned by a variety of institutional and retail investors. Top institutional investors include FNY Investment Advisers LLC (0.00%).

This page (NYSE:FRC) was last updated on 3/3/2024 by MarketBeat.com Staff