First Republic Bank (FRC) EPS Estimated At $1.05

March 22, 2018 - By Darrin Black

 First Republic Bank (FRC) EPS Estimated At $1.05

Analysts expect First Republic Bank (NYSE:FRC) to report $1.05 EPS on April, 12.They anticipate $0.04 EPS change or 3.96 % from last quarter’s $1.01 EPS. FRC’s profit would be $169.86 million giving it 22.64 P/E if the $1.05 EPS is correct. After having $1.10 EPS previously, First Republic Bank’s analysts see -4.55 % EPS growth. The stock decreased 1.87% or $1.81 during the last trading session, reaching $95.09. About 328,698 shares traded. First Republic Bank (NYSE:FRC) has risen 29.07% since March 22, 2017 and is uptrending. It has outperformed by 12.37% the S&P500.

First Republic Bank (NYSE:FRC) Ratings Coverage

Among 18 analysts covering First Republic Bank (NYSE:FRC), 8 have Buy rating, 0 Sell and 10 Hold. Therefore 44% are positive. First Republic Bank had 79 analyst reports since October 6, 2015 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Tuesday, January 16. The company was maintained on Tuesday, January 16 by Maxim Group. The stock of First Republic Bank (NYSE:FRC) has “Overweight” rating given on Friday, July 15 by JP Morgan. The firm has “Hold” rating by BMO Capital Markets given on Monday, May 29. The firm has “Hold” rating given on Tuesday, October 24 by RBC Capital Markets. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Tuesday, January 16 report. The stock of First Republic Bank (NYSE:FRC) earned “Buy” rating by Jefferies on Monday, April 3. The firm earned “Hold” rating on Tuesday, January 2 by Barclays Capital. Barclays Capital downgraded the shares of FRC in report on Tuesday, October 10 to “Equal-Weight” rating. The firm has “Sector Perform” rating given on Monday, October 19 by RBC Capital Markets.

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 $15.38 billion. It operates through two divisions, Commercial Banking and Wealth Management. It has a 22.06 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 important recent First Republic Bank (NYSE:FRC) news were published by: which released: “Cassin & Cassin Steers First Republic Bank’s $65M NYC Loan” on February 22, 2018, also published article titled: “This Morning’s Technical Outlook on Banking Stocks — Comerica, First Republic …”, published: “First Republic Bank (FRC) Shares Cross Below 200 DMA” on March 14, 2018. More interesting news about First Republic Bank (NYSE:FRC) was released by: and their article: “Two Wealth Managers Join First Republic in Boston” with publication date: March 05, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.