Media coverage about First Republic Bank (NYSE:FRC) has been trending somewhat positive recently, according to Accern. The research group identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. First Republic Bank earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave news articles about the bank an impact score of 46.4039336901717 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
First Republic Bank (NYSE FRC) traded down $1.21 during trading hours on Tuesday, hitting $97.04. 973,900 shares of the stock were exchanged, compared to its average volume of 1,570,000. The firm has a market capitalization of $15,610.00, a price-to-earnings ratio of 21.33, a P/E/G ratio of 1.64 and a beta of 0.84. First Republic Bank has a 1 year low of $84.56 and a 1 year high of $105.52. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.94 and a quick ratio of 0.94.
First Republic Bank (NYSE:FRC) last released its quarterly earnings data on Tuesday, January 16th. The bank reported $1.10 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.15 by ($0.05). The business had revenue of $699.20 million during the quarter, compared to analyst estimates of $688.48 million. First Republic Bank had a return on equity of 11.80% and a net margin of 26.02%. The firm’s revenue was up 16.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.03 EPS. equities research analysts forecast that First Republic Bank will post 4.74 EPS for the current fiscal year.
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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.
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