First Republic Reports Strong Second Quarter 2019 Results

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First Republic Bank (FRC) PT Lowered to $95 at RBC Capital

July 17, 2019 6:46 AM EDT

RBC Capital analyst Jon Afstrom lowered the price target on First Republic Bank (NYSE: FRC) to $95.00 (from $100.00) while maintaining a Sector Perform rating.

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First Republic Bank (FRC) PT Lowered to $85 at Piper Jaffray

July 16, 2019 1:05 PM EDT

Piper Jaffray analyst Matthew Clark lowered the price target on First Republic Bank (NYSE: FRC) to $85.00 (from $92.00) while maintaining a Neutral rating.

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First Republic Bank (FRC) Misses Q2 EPS by 3c, Revenues Miss

July 16, 2019 8:02 AM EDT

First Republic Bank (NYSE: FRC) reported Q2 EPS of $1.24, $0.03 worse than the analyst estimate of $1.27. Revenue for the quarter came in at $819.4 million versus the consensus estimate of $830.16 million.

Quarterly Highlights - Financial Results

Year-over-year:Revenues were $819.4 million, up 10.1%.Net interest... More