This company listing is no longer active
First Republic Bank Past Earnings Performance
Past criteria checks 2/6
First Republic Bank has been growing earnings at an average annual rate of 16.4%, while the Banks industry saw earnings growing at 14% annually. Revenues have been growing at an average rate of 16.8% per year. First Republic Bank's return on equity is 8.5%, and it has net margins of 24.7%.
Key information
16.4%
Earnings growth rate
13.8%
EPS growth rate
Banks Industry Growth | 11.2% |
Revenue growth rate | 16.8% |
Return on equity | 8.5% |
Net Margin | 24.7% |
Last Earnings Update | 31 Mar 2023 |
Recent past performance updates
Recent updates
First Republic Bank slips 2% after the bell on stock offering
Feb 07First Republic Bank goes ex dividend tomorrow
Jan 24First Republic Bank Q4 2022 Earnings Preview
Jan 12First Republic Paying A Steep Cost For Growth
Dec 08Here's Why We Think First Republic Bank (NYSE:FRC) Is Well Worth Watching
Dec 05First Republic Bank GAAP EPS of $2.21 beats by $0.02, revenue of $1.57B beats by $20M
Oct 14RiverPark Advisors - First Republic Bank: Compounding Revenues At +18%
Sep 03First Republic names MUFG Union exec as CFO, starting November
Aug 23First Republic Bank prices ~$353.3M stock offering
Aug 02First Republic Bank Q2 2022 Earnings Preview
Jul 13First Republic Bank Continues To Cushion The Blow Of Inflationary Pressures
May 14Here's Why I Think First Republic Bank (NYSE:FRC) Is An Interesting Stock
Apr 17A Rare Opportunity At First Republic
Feb 23Revenue & Expenses Breakdown
How First Republic Bank makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Mar 23 | 5,565 | 1,372 | 3,087 | 0 |
31 Dec 22 | 5,758 | 1,507 | 3,167 | 0 |
30 Sep 22 | 5,694 | 1,529 | 3,127 | 0 |
30 Jun 22 | 5,476 | 1,469 | 3,036 | 0 |
31 Mar 22 | 5,211 | 1,427 | 2,917 | 0 |
31 Dec 21 | 4,975 | 1,379 | 2,784 | 0 |
30 Sep 21 | 4,678 | 1,290 | 2,611 | 0 |
30 Jun 21 | 4,381 | 1,223 | 2,430 | 0 |
31 Mar 21 | 4,056 | 1,115 | 2,252 | 0 |
31 Dec 20 | 3,760 | 1,005 | 2,124 | 0 |
30 Sep 20 | 3,582 | 962 | 2,025 | 0 |
30 Jun 20 | 3,430 | 905 | 1,953 | 0 |
31 Mar 20 | 3,340 | 873 | 1,904 | 0 |
31 Dec 19 | 3,279 | 881 | 1,845 | 0 |
30 Sep 19 | 3,197 | 861 | 1,781 | 0 |
30 Jun 19 | 3,127 | 835 | 1,727 | 0 |
31 Mar 19 | 3,054 | 823 | 1,678 | 0 |
31 Dec 18 | 2,968 | 796 | 1,624 | 0 |
30 Sep 18 | 2,865 | 761 | 1,580 | 0 |
30 Jun 18 | 2,775 | 750 | 1,527 | 0 |
31 Mar 18 | 2,668 | 725 | 1,458 | 0 |
31 Dec 17 | 2,552 | 700 | 1,382 | 0 |
30 Sep 17 | 2,459 | 681 | 1,306 | 0 |
30 Jun 17 | 2,338 | 650 | 1,236 | 0 |
31 Mar 17 | 2,242 | 625 | 1,174 | 0 |
31 Dec 16 | 2,165 | 605 | 1,121 | 0 |
30 Sep 16 | 2,059 | 568 | 1,073 | 0 |
30 Jun 16 | 1,973 | 533 | 1,021 | 0 |
31 Mar 16 | 1,890 | 502 | 974 | 0 |
31 Dec 15 | 1,786 | 463 | 921 | 0 |
30 Sep 15 | 1,706 | 440 | 873 | 0 |
30 Jun 15 | 1,679 | 443 | 839 | 0 |
31 Mar 15 | 1,629 | 433 | 800 | 0 |
31 Dec 14 | 1,593 | 431 | 763 | 0 |
30 Sep 14 | 1,553 | 432 | 721 | 0 |
30 Jun 14 | 1,476 | 412 | 679 | 0 |
31 Mar 14 | 1,440 | 407 | 649 | 0 |
31 Dec 13 | 1,430 | 421 | 621 | 0 |
30 Sep 13 | 1,407 | 421 | 599 | 0 |
30 Jun 13 | 1,387 | 417 | 583 | 0 |
31 Mar 13 | 1,348 | 395 | 563 | 0 |
31 Dec 12 | 1,286 | 369 | 541 | 0 |
30 Sep 12 | 1,245 | 358 | 522 | 0 |
Quality Earnings: FRCB has high quality earnings.
Growing Profit Margin: FRCB's current net profit margins (24.7%) are lower than last year (27.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FRCB's earnings have grown by 16.4% per year over the past 5 years.
Accelerating Growth: FRCB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FRCB had negative earnings growth (-3.9%) over the past year, making it difficult to compare to the Banks industry average (5.1%).
Return on Equity
High ROE: FRCB's Return on Equity (8.5%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2023/08/24 21:39 |
End of Day Share Price | 2023/08/24 00:00 |
Earnings | 2023/03/31 |
Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
---|---|---|---|
Company Financials | 10 years |
| |
Analyst Consensus Estimates | +3 years |
|
|
Market Prices | 30 years |
| |
Ownership | 10 years |
| |
Management | 10 years |
| |
Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
First Republic Bank is covered by 36 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
null null | Argus Research Company |
John Heagerty | Atlantic Equities LLP |
David George | Baird |