EPS for First Republic Bank (FRC) Expected At $1.21

September 16, 2018 - By Darrell Taylor

First Republic Bank (NYSE:FRC) Logo

Analysts expect First Republic Bank (NYSE:FRC) to report $1.21 EPS on October, 12.They anticipate $0.07 EPS change or 6.14 % from last quarter’s $1.14 EPS. FRC’s profit would be $196.81 million giving it 20.72 P/E if the $1.21 EPS is correct. After having $1.20 EPS previously, First Republic Bank’s analysts see 0.83 % EPS growth. The stock increased 0.52% or $0.52 during the last trading session, reaching $100.28. About 1.18 million shares traded or 31.45% up from the average. First Republic Bank (NYSE:FRC) has risen 3.55% since September 16, 2017 and is uptrending. It has underperformed by 12.07% 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 12 analyst reports since March 22, 2018 according to SRatingsIntel. As per Friday, March 23, the company rating was maintained by BMO Capital Markets. The firm has “Hold” rating given on Wednesday, April 4 by Keefe Bruyette & Woods. The firm earned “Buy” rating on Friday, April 13 by Maxim Group. The firm has “Market Perform” rating given on Tuesday, June 26 by Wells Fargo. The firm has “Hold” rating given on Wednesday, April 18 by Jefferies. The stock of First Republic Bank (NYSE:FRC) has “Hold” rating given on Friday, April 13 by RBC Capital Markets. Sandler O’Neill maintained it with “Hold” rating and $9600 target in Thursday, March 29 report. BMO Capital Markets maintained the shares of FRC in report on Monday, July 16 with “Market Perform” rating. The rating was maintained by Sandler O’Neill with “Hold” 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 $16.31 billion. It operates through two divisions, Commercial Banking and Wealth Management. It has a 21.95 P/E ratio. The firm offers deposit products, such as checking, money market checking, savings, and passbook deposits, as well as certificates of deposit.

Another recent and important First Republic Bank (NYSE:FRC) news was published by Bizjournals.com which published an article titled: “Analyst: Chase poses ‘significant, long-term threat to Boston banks'” on August 29, 2018.

First Republic Bank (NYSE:FRC) Ratings Chart

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