First Republic Bank (NYSE:FRC) will issue its quarterly earnings data before the market opens on Tuesday, January 16th. Analysts expect the company to announce earnings of $1.24 per share for the quarter.

First Republic Bank (NYSE:FRC) last issued its quarterly earnings data on Friday, October 13th. The bank reported $1.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.16 by ($0.02). The firm had revenue of $670.30 million for the quarter, compared to analysts’ expectations of $678.25 million. First Republic Bank had a return on equity of 12.06% and a net margin of 26.85%. The business’s revenue for the quarter was up 20.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.00 EPS. On average, analysts expect First Republic Bank to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

First Republic Bank (NYSE FRC) opened at $88.33 on Tuesday. The stock has a market capitalization of $13,890.00, a PE ratio of 20.83, a price-to-earnings-growth ratio of 1.43 and a beta of 0.96. First Republic Bank has a twelve month low of $84.56 and a twelve month high of $105.52. The company has a current ratio of 0.95, a quick ratio of 0.94 and a debt-to-equity ratio of 1.55.

FRC has been the topic of several research reports. Jefferies Group lowered First Republic Bank from a “buy” rating to a “hold” rating in a report on Friday, December 15th. Zacks Investment Research raised First Republic Bank from a “sell” rating to a “hold” rating in a report on Friday, December 8th. Morgan Stanley reiterated an “equal weight” rating and set a $106.00 target price on shares of First Republic Bank in a research note on Thursday, December 14th. Raymond James Financial decreased their target price on shares of First Republic Bank from $108.00 to $105.00 and set an “outperform” rating for the company in a research note on Monday, October 16th. Finally, Barclays set a $102.00 target price on shares of First Republic Bank and gave the stock a “hold” rating in a research note on Monday, October 16th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $103.00.

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About First Republic Bank

First 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.

Earnings History for First Republic Bank (NYSE:FRC)

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