First Republic Bank (FRC) EPS Estimated At $1.05

March 9, 2018 - By Henry Gaston

 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 $169.87M giving it 23.34 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 0.35% or $0.34 during the last trading session, reaching $98.03. About 927,661 shares traded. First Republic Bank (NYSE:FRC) has risen 29.07% since March 9, 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. Wells Fargo downgraded First Republic Bank (NYSE:FRC) on Monday, January 9 to “Market Perform” rating. The firm has “Buy” rating by Jefferies given on Friday, June 9. Jefferies maintained First Republic Bank (NYSE:FRC) on Monday, April 3 with “Buy” rating. JP Morgan maintained the shares of FRC in report on Friday, July 15 with “Overweight” rating. The firm has “Buy” rating given on Friday, October 13 by Maxim Group. BMO Capital Markets maintained it with “Hold” rating and $9600 target in Friday, July 14 report. The firm earned “Mkt Perform” rating on Friday, July 15 by FBR Capital. The stock of First Republic Bank (NYSE:FRC) earned “Buy” rating by Maxim Group on Monday, December 19. The firm has “Outperform” rating by FBR Capital given on Tuesday, January 17. Barclays Capital maintained First Republic Bank (NYSE:FRC) on Thursday, August 11 with “Overweight” rating.

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 $15.86 billion. It operates through two divisions, Commercial Banking and Wealth Management. It has a 22.74 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: which released: “First Republic Wins Top Award for Private Banking” on February 12, 2018, also with their article: “First Republic Bank Declares Dividends on Five Series of Perpetual Preferred …” published on December 04, 2017, published: “Trump Lawyer’s Payment to Stormy Daniels Was Reported as Suspicious by Bank” on March 05, 2018. More interesting news about First Republic Bank (NYSE:FRC) were released by: and their article: “First Republic Bank’s (FRC) Ratings Affirmed by Moody’s” published on February 20, 2018 as well as‘s news article titled: “First Republic Bank to Present at the Raymond James Institutional Investors …” with publication date: February 28, 2018.

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