First Republic Bank (FRC) Declares $0.15 Quarterly Dividend; 1% Yield
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First Republic Reports Record Quarterly And Annual Results
January 14, 2016 8:02 AM ESTSAN FRANCISCO, Jan. 14, 2016 /PRNewswire/ -- First Republic Bank (NYSE: FRC) today announced financial results for the quarter and year ended December 31, 2015.
"First Republic reported record revenue and net income for both the quarter and the year," said CEO Jim Herbert. "Our asset quality and capital continue to be very strong."
Full Year Highlights
Financial Results
Core revenues were up 15.2%. (1) Net income was $522.1 million. Diluted earnings per share ("EPS") of $3.18.... More