First Republic Bank (FRC) Misses Q2 EPS by 4c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/23/2026
- Wall Street ends down as oil prices, Treasury yields rise
- BTIG’s Krinsky warns 2000-like signals are mounting
- HSBC remains max bullish on stocks, tells investors to lean into tech
- Analyst explains why the midterm outcome is a “fundamental non-event”
- Oil settles up around 4% as Iran's president vows to never surrender
- Meta AI agent triggers heavy selloff in banks, insurers, and travel stocks
- On Holding sets 2029 financial targets, authorizes $1B share buyback
- Nasdaq reaches record high close, AI stocks rally
- Elmet Group signs tungsten offtake deal with Hemerdon Mine
- Meta bull case increasingly playing out, Mizuho says
First Republic Reports Strong Second Quarter 2017 Results
July 14, 2017 8:00 AM EDTYear-Over-Year Revenues Increased 20% and Wealth Management Assets Exceeded $95 Billion
SAN FRANCISCO--(BUSINESS WIRE)-- First Republic Bank (NYSE: FRC) today announced financial results for the quarter ended June 30, 2017.
First Republic had a very good quarter, driven by strong growth of loans, deposits and wealth management assets, said Jim Herbert, Chairman and CEO. Credit quality remains excellent, and the Bank continues to be well-capitalized.
Quarterly Highlights
Financial Results
Year-over-year:
Revenues were $641.3 million, up 19.9%.
Net interest income was $532.0 million, up 20.5%.
Net income was $186.6... More
