First Republic Bank (FRC)

NYSE: FRC · IEX Real-Time Price · USD
126.17
-1.19 (-0.93%)
At close: Dec 2, 2022 4:04 PM
124.94
-1.23 (-0.97%)
Pre-market: Dec 5, 2022 4:30 AM EST
-0.93%
Market Cap 23.30B
Revenue (ttm) 5.22B
Net Income (ttm) 1.54B
Shares Out 182.92M
EPS (ttm) 8.40
PE Ratio 15.02
Forward PE 17.04
Dividend $1.03 (0.82%)
Ex-Dividend Date Oct 26, 2022
Volume 1,164,415
Open 125.29
Previous Close 127.36
Day's Range 123.87 - 126.9
52-Week Range 106.86 - 217.27
Beta 1.07
Analysts Buy
Price Target 136.77 (+8.4%)
Earnings Date Jan 13, 2023

About FRC

First Republic Bank, together with its subsidiaries, provides private banking, private business banking, and private wealth management services to clients in metropolitan areas in the United States. It operates in two segments, Commercial Banking and Wealth Management. The company accepts deposit products, such as noninterest-bearing checking, interest-bearing checking, money market checking accounts, money market savings accounts, and passbook accounts, as well as certificates of deposit. It also offers a range of lending products that compris... [Read more]

Industry Banks
IPO Date Feb 12, 1987
CEO James Herbert
Employees 7,114
Stock Exchange NYSE
Ticker Symbol FRC
Full Company Profile

Analyst Forecast

According to 27 analysts, the average rating for FRC stock is "Buy." The 12-month stock price forecast is 136.77, which is an increase of 8.40% from the latest price.

Price Target
$136.77
(8.40% upside)
Analyst Consensus: Buy
Stock Forecasts

News

First Republic Bank Declares Dividends on Two Series of Perpetual Preferred Stock for Fourth Quarter 2022

SAN FRANCISCO--( BUSINESS WIRE )--First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that it has declared cash dividends on the following outstanding s...

2 days ago - Business Wire

PRO Watch DCLA's Sarat Sethi break down stocks to watch, markets

Sarat Sethi, managing partner and portfolio manager at DCLA, joins CNBC's 'Squawk Box' to break down potential market strategies and stocks to watch ahead of the open. Sethi also breaks down how he's na...

Other symbols: BACBMYGSKJNJMSSIVB
5 days ago - CNBC Television

First Republic Bank to Present at the Goldman Sachs US Financial Services Conference

SAN FRANCISCO--( BUSINESS WIRE )--First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced it will present at the Goldman Sachs US Financial Services Confere...

6 days ago - Business Wire

Eight-Member Wealth Management Team Joins First Republic

SAN FRANCISCO--( BUSINESS WIRE )--First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that an eight-person team led by Jeremy McChesney, Marci Rosenfeld...

2 weeks ago - Business Wire

Wealth Management Team Led by Marc Koch and Christopher Walters Joins First Republic

SAN FRANCISCO--(BUSINESS WIRE)--First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that a five-member team led by Marc Koch and Christopher Walters has...

3 weeks ago - Business Wire

Wealth Management Team Led by Tim Argyres, Ted Rice, Nasser Abdulkariem and Greg Argyres Joins First Republic

SAN FRANCISCO--(BUSINESS WIRE)--First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that a nine-person team led by Tim Argyres, Ted Rice, Nasser Abdulka...

3 weeks ago - Business Wire

First Republic Bank to Host Investor Day

SAN FRANCISCO--(BUSINESS WIRE)--First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced it will hold an Investor Day for institutional investors and analyst...

1 month ago - Business Wire

Wealth Manager Michael Brodnik Joins First Republic in Florida

SAN FRANCISCO--(BUSINESS WIRE)--First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that Michael Brodnik has joined First Republic Investment Management.

1 month ago - Business Wire

Wealth Management Team Led by Paul Vasady-Kovacs Joins First Republic

SAN FRANCISCO--(BUSINESS WIRE)--First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that a five-member team led by Paul Vasady-Kovacs has joined First R...

1 month ago - Business Wire

First Republic shares fall on net interest income miss; US Bancorp gains

First Republic Bank FRC, -16.64% stock fell 10% Friday in the weakest share price reaction among four regional banks that reported earnings. While First Republic's third-quarter earnings of $2.21 beat t...

Other symbols: USB
1 month ago - Market Watch

First Republic (FRC) Q3 Earnings Beat Estimates, Revenues Lag

A rise in revenues and loan growth drive First Republic's (FRC) Q3 results. However, higher expenses and elevated provisions for credit losses hurt.

1 month ago - Zacks Investment Research

First Republic Bank (FRC) Surpasses Q3 Earnings Estimates

First Republic Bank (FRC) delivered earnings and revenue surprises of 0.91% and 1.22%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

First Republic Reports Third Quarter 2022 Results

SAN FRANCISCO--(BUSINESS WIRE)--First Republic Bank (NYSE: FRC) today announced financial results for the quarter ended September 30, 2022.

1 month ago - Business Wire

Key Factors Influencing First Republic's (FRC) Q3 Earnings

While a decent lending environment and NII growth are expected to have aided First Republic's (FRC) Q3 earnings, equity market volatility is expected to have weighed on its investment management fees.

1 month ago - Zacks Investment Research

First Republic Bank (FRC) Reports Next Week: Wall Street Expects Earnings Growth

First Republic Bank (FRC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

First Republic Declares Dividends on Five Series of Perpetual Preferred Stock

SAN FRANCISCO--(BUSINESS WIRE)--First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that it has declared cash dividends on the following outstanding ser...

1 month ago - Business Wire

First Republic Bank Announces Third Quarter 2022 Earnings and Conference Call Date

SAN FRANCISCO--(BUSINESS WIRE)--First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced it will release third quarter 2022 financial results before the mark...

2 months ago - Business Wire

Two-Minute Drill: FRC

John Mowrey, NFJ investment Group chief investment officer, joins ‘Closing Bell: Overtime' to discuss his favorite stock picks including; First Republic Bank.

2 months ago - CNBC Television

Wealth Management Team Led by Harold Reinstein and Michael Nelson Joins First Republic

SAN FRANCISCO--(BUSINESS WIRE)--First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that a nine-member team led by Harold Reinstein and Michael Nelson h...

2 months ago - Business Wire

First Republic shares rise after bank discloses inbound deal interest and sets up strategic review committee

Republic First Bancorp Inc. FRBK, -1.89% jumped 8% in premarket trades Thursday after the company said it's initiating a strategic review in the wake of "inquiries by multiple parties expressing interes...

2 months ago - Market Watch

First Republic Appoints Rick Osterloh to Board of Directors

SAN FRANCISCO--(BUSINESS WIRE)--First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that Rick Osterloh, Senior Vice President of Devices & Services at G...

2 months ago - Business Wire

First Republic Bank to Present at the Barclays Global Financial Services Conference

SAN FRANCISCO--(BUSINESS WIRE)--First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced it will present at the Barclays Global Financial Services Conference...

2 months ago - Business Wire

First Republic Bank Declares Dividends on Two Series of Perpetual Preferred Stock for Third Quarter 2022

SAN FRANCISCO--(BUSINESS WIRE)--First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that it has declared cash dividends on the following outstanding ser...

3 months ago - Business Wire

First Republic Bank (FRC) Rides on Loans & Deposits, Costs Up

Steady growth in NII and fee income, and strong balance sheet position aid First Republic Bank (FRC). However, rising expenses and higher funding costs are near-term headwinds.

3 months ago - Zacks Investment Research

Neal Holland Named Chief Financial Officer and Olga Tsokova Named Deputy Chief Financial Officer of First Republic Bank

SAN FRANCISCO--(BUSINESS WIRE)--First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that Neal Holland has been named Executive Vice President and Chief ...

3 months ago - Business Wire