First Republic Bank (FRC) Tops Q4 EPS by 6c, Revenues Beat
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First Republic Reports Strong 2018 Results
January 15, 2019 8:00 AM ESTTotal Revenues Increased 17% for the Year
Wealth Management Revenues Increased 22% for the Year
SAN FRANCISCO--(BUSINESS WIRE)-- First Republic Bank (NYSE: FRC) today announced financial results for the quarter and year ended December31, 2018.
Results for 2018 were excellent, said Jim Herbert, Chairman and CEO. Organic growth continues to be strong across the franchise. Our client-focused business model is driving our growth and delivering consistent results in all types of economic conditions.
Full Year Highlights
Financial Results
Revenues were $3.0 billion, up 16.6%.... More