First Republic Bank (FRC) EPS Estimated At $1.15

June 17, 2018 - By Ellis Scott

First Republic Bank (NYSE:FRC) Logo

Analysts expect First Republic Bank (NYSE:FRC) to report $1.15 EPS on July, 13.They anticipate $0.09 EPS change or 8.49 % from last quarter’s $1.06 EPS. FRC’s profit would be $186.28 million giving it 21.65 P/E if the $1.15 EPS is correct. After having $1.13 EPS previously, First Republic Bank’s analysts see 1.77 % EPS growth. The stock decreased 0.47% or $0.47 during the last trading session, reaching $99.59. About 1.39M shares traded or 25.10% up from the average. First Republic Bank (NYSE:FRC) has risen 7.17% since June 17, 2017 and is uptrending. It has underperformed by 5.40% the S&P500.

First Republic Bank (NYSE:FRC) Ratings Coverage

Among 10 analysts covering First Republic Bank (NYSE:FRC), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. First Republic Bank had 23 analyst reports since December 18, 2017 according to SRatingsIntel. On Tuesday, January 16 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. Keefe Bruyette & Woods maintained the shares of FRC in report on Monday, February 26 with “Hold” rating. BMO Capital Markets maintained the stock with “Hold” rating in Friday, March 23 report. The rating was maintained by Jefferies with “Hold” on Tuesday, January 16. The company was maintained on Wednesday, April 18 by Jefferies. Barclays Capital upgraded First Republic Bank (NYSE:FRC) rating on Tuesday, March 6. Barclays Capital has “Overweight” rating and $110 target. Piper Jaffray maintained the shares of FRC in report on Tuesday, January 16 with “Hold” rating. As per Thursday, March 29, the company rating was maintained by Sandler O’Neill. As per Friday, April 13, the company rating was maintained by RBC Capital Markets. The stock of First Republic Bank (NYSE:FRC) earned “Hold” rating by Sandler O’Neill on Friday, April 13.

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 $16.13 billion. It operates through two divisions, Commercial Banking and Wealth Management. It has a 22.49 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 recent First Republic Bank (NYSE:FRC) news were published by: Seekingalpha.com which released: “First Republic reports pricing of $300M preferred stock offering” on June 05, 2018. Also Seekingalpha.com published the news titled: “First Republic Bank: This 5.50% Preferred Stock Has Begun Trading On The NYSE” on June 13, 2018. Globenewswire.com‘s news article titled: “Report: Developing Opportunities within Cimarex Energy, MSCI, Prestige Brand, MGM Resorts International, Discover …” with publication date: June 12, 2018 was also an interesting one.

First Republic Bank (NYSE:FRC) Ratings Chart

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