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Stock impact report

First Republic Reports Strong Third Quarter 2018 Results

FIRST REPUBLIC BANK (FRC) 
Last first republic bank earnings: 4/14 06:50 am Check Earnings Report
US:NYSE Investor Relations: ir.firstrepublic.com
Company Research Source: Business Wire
Year-Over-Year Total Revenues Increased 15% and Wealth Management Assets Increased 29% SAN FRANCISCO--(BUSINESS WIRE)-- First Republic Bank (NYSE: FRC) today announced financial results for the quarter ended September 30, 2018. “First Republic had a terrific quarter,” said Jim Herbert, Chairman and CEO. “Growth and new client acquisition across the franchise remain very strong. Credit quality remains excellent.” Quarterly Highlights Financial Results Year-over-year: Revenues were $768.8 million, up 14.7%. Net income was $213.5 million, up 6.8%. Diluted earnings per share of $1.19, up 4.4%. Loan originations totaled $7.0 billion. Tangible book value per share was $44.00, up 13.1%. Net interest margi Show less Read more
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