Skip to main content
You have permission to edit this article.
First Republic Bank: 4Q Earnings Snapshot

First Republic Bank: 4Q Earnings Snapshot

  • Updated
  • 0

SAN FRANCISCO (AP) — First Republic Bank (FRC) on Thursday reported fourth-quarter net income of $295.6 million.

The San Francisco-based bank said it had earnings of $1.60 per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.52 per share.

The San Francisco bank posted revenue of $1.18 billion in the period. Its revenue net of interest expense was $1.08 billion, which also beat Street forecasts. Four analysts surveyed by Zacks expected $1.03 billion.

For the year, the company reported profit of $1.06 billion, or $5.81 per share. Revenue was reported as $3.92 billion.

First Republic Bank shares have increased nearly 10% since the beginning of the year. The stock has risen 40% in the last 12 months.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on FRC at

Copyright by Automated Insights, Inc. All rights reserved.

The business news you need

* I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy.

Related to this story

Most Popular

Get up-to-the-minute news sent straight to your device.


Breaking News

News Alert