First Republic Reports Third Quarter 2020 Results

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Go back to First Republic Reports Third Quarter 2020 Results

First Republic Bank (FRC) Tops Q3 EPS by 23c, Revenues Beat

October 13, 2020 7:02 AM EDT

First Republic Bank (NYSE: FRC) reported Q3 EPS of $1.61, $0.23 better than the analyst estimate of $1.38. Revenue for the quarter came in at $1 billion versus the consensus estimate of $954.99 million.

Financial Results

Year-over-year:Revenues were $1.0 billion, up 19.6%.Net interest income was $830.3 million, up 19.5%.Net income was $293.1 million,... More