First Republic Bank (NYSE:FRC) is set to post its quarterly earnings results before the market opens on Tuesday, January 16th. Analysts expect First Republic Bank to post earnings of $1.24 per share for the quarter.
First Republic Bank (NYSE:FRC) last posted its quarterly earnings data on Friday, October 13th. The bank reported $1.14 earnings per share for the quarter, missing analysts’ consensus estimates of $1.16 by ($0.02). First Republic Bank had a return on equity of 12.06% and a net margin of 26.85%. The company had revenue of $670.30 million for the quarter, compared to analysts’ expectations of $678.25 million. During the same period in the prior year, the company posted $1.00 EPS. The firm’s revenue was up 20.1% compared to the same quarter last year. On average, analysts expect First Republic Bank to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Shares of First Republic Bank (FRC) opened at $88.33 on Tuesday. First Republic Bank has a 12-month low of $84.56 and a 12-month high of $105.52. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.94 and a current ratio of 0.95. The firm has a market capitalization of $13,890.00, a price-to-earnings ratio of 20.83, a PEG ratio of 1.43 and a beta of 0.96.
ILLEGAL ACTIVITY WARNING: This story was first reported by BBNS and is the property of of BBNS. If you are viewing this story on another publication, it was illegally stolen and reposted in violation of US & international copyright legislation. The correct version of this story can be read at https://baseballnewssource.com/markets/first-republic-bank-frc-to-release-earnings-on-tuesday/1819674.html.
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.
Receive News & Ratings for First Republic Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Republic Bank and related companies with MarketBeat.com's FREE daily email newsletter.