Analysts expect First Republic Bank (NYSE:FRC) to report $1.22 EPS on April, 12.They anticipate $0.09 EPS change or 7.96 % from last quarter’s $1.13 EPS. FRC’s profit would be $203.98M giving it 21.22 P/E if the $1.22 EPS is correct. After having $1.29 EPS previously, First Republic Bank’s analysts see -5.43 % EPS growth. The stock increased 0.62% or $0.64 during the last trading session, reaching $103.56. About 1.44 million shares traded. First Republic Bank (NYSE:FRC) has risen 12.79% since March 17, 2018 and is uptrending. It has outperformed by 8.42% the S&P500.
First Republic Bank (NYSE:FRC) Ratings Coverage
Among 6 analysts covering First Republic Bank (NYSE:FRC), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. First Republic Bank had 10 analyst reports since October 15, 2018 according to SRatingsIntel. The firm has “Equal-Weight” rating given on Tuesday, January 8 by Morgan Stanley. Raymond James maintained the shares of FRC in report on Monday, October 15 with “Outperform” rating. The company was maintained on Friday, March 15 by BMO Capital Markets. The stock of First Republic Bank (NYSE:FRC) has “Equal-Weight” rating given on Tuesday, December 11 by Morgan Stanley. As per Thursday, January 10, the company rating was downgraded by Bank of America. The stock of First Republic Bank (NYSE:FRC) earned “Outperform” rating by Wells Fargo on Thursday, January 3.
First Republic Bank, together with its subsidiaries, provides private banking, private business banking, real estate lending, and wealth management services to clients in metropolitan areas of the United States. The company has market cap of $17.32 billion. It operates through two divisions, Commercial Banking and Wealth Management. It has a 21.53 P/E ratio. The firm offers deposit products, such as checking, money market checking, savings, and passbook deposits, as well as certificates of deposit.
More notable recent First Republic Bank (NYSE:FRC) news were published by: Businesswire.com which released: “First Republic Appoints Jake Lamarine as Regional Managing Director – Business Wire” on February 25, 2019, also 247Wallst.com with their article: “Morgan Stanley Picks 30 Stocks for 2021 – 24/7 Wall St.” published on March 15, 2019, Bizjournals.com published: “New York-based bank opens flagship San Francisco office – San Francisco Business Times” on February 26, 2019. More interesting news about First Republic Bank (NYSE:FRC) were released by: Businesswire.com and their article: “Gradifi And EVERFI Team Up To Provide Financial Wellness Education Programs As An Employee Benefit – Business Wire” published on March 06, 2019 as well as Businesswire.com‘s news article titled: “First Republic Adds Four Wealth Managers in New York – Business Wire” with publication date: February 18, 2019.