First Republic Bank (FRC) Declares $0.16 Quarterly Dividend; 0.9% Yield
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First Republic Reports Strong Second Quarter 2016 Results
July 14, 2016 8:02 AM EDTSAN FRANCISCO, July 14, 2016 /PRNewswire/ -- First Republic Bank (NYSE: FRC) today announced financial results for the quarter ended June 30, 2016.
"We are quite pleased with the strength and consistency of second quarter results," said Jim Herbert, Chairman and CEO. "Earnings, credit quality and capital levels remain very strong."
Quarterly Highlights (1)
Financial Results
Compared to last year's second quarter: Revenues were $535.1 million, up 17.5%. Net income was $165.0 million, up 25.6%. Diluted earnings... MoreFirst Republic Reports Strong Second Quarter 2016 Results
July 14, 2016 8:02 AM EDTSAN FRANCISCO, July 14, 2016 /PRNewswire/ -- First Republic Bank (NYSE: FRC) today announced financial results for the quarter ended June 30, 2016.
"We are quite pleased with the strength and consistency of second quarter results," said Jim Herbert, Chairman and CEO. "Earnings, credit quality and capital levels remain very strong."
Quarterly Highlights (1)
Financial Results
Compared to last year's second quarter: Revenues were $535.1 million, up 17.5%. Net income was $165.0 million, up 25.6%. Diluted earnings... More