First Republic Bank (FRC) Tops Q1 EPS by 2c
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First Republic Reports Strong First Quarter Results
April 16, 2015 8:00 AM EDTSAN FRANCISCO, April 16, 2015 /PRNewswire/ -- First Republic Bank (NYSE: FRC) today announced financial results for the quarter ended March 31, 2015.
"First Republic had a strong first quarter, driven by revenue growth across the franchise," said CEO Jim Herbert. "Loans, deposits and assets under management all increased nicely, while credit quality remained excellent. Our client-centric business model continues to perform well."
Quarterly Highlights
Financial Results
Core revenues were up 13.2% compared to last year's first quarter. (1) Net... More