First Republic Bank (FRC) Tops Q1 EPS by 18c, Revenues Beat

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First Republic Reports First Quarter 2020 Results

April 14, 2020 6:50 AM EDT

Revenues Increased 13% Year-Over-Year

Tangible Book Value Per Share Increased 12% Year-Over-Year

SAN FRANCISCO--(BUSINESS WIRE)-- First Republic Bank (NYSE: FRC) today announced financial results for the quarter ended March 31, 2020.

Results for the first quarter were strong, said Jim Herbert, Founder, Chairman and CEO of First Republic. In these very unusual times, our strength and durability, coupled with a time-tested culture of service, enable us to take great care of our colleagues, communities, and clients.

Quarterly Highlights

Financial Results

Year-over... More