First Republic Bank (FRC) Reports In-Line Q1 EPS

April 13, 2017 8:01 AM EDT
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First Republic Bank (NYSE: FRC) reported Q1 EPS of $1.01, in-line with the analyst estimate of $1.01. Revenue for the quarter came in at $601.1 million versus the consensus estimate of $644.59 million.

“Revenue, loans, deposits and wealth management assets grew strongly across the board,” said Mike Roffler, Chief Financial Officer. “We’re very pleased with the 18% year-over-year growth in net interest income and the 20% growth in tangible book value per share.”

For earnings history and earnings-related data on First Republic Bank (FRC) click here.



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