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

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

First Republic Reports Third Quarter 2020 Results

October 13, 2020 7:00 AM EDT

Revenues Increased 20% Year-Over-Year

Net Interest Income Increased 19% Year-Over-Year

SAN FRANCISCO--(BUSINESS WIRE)-- First Republic Bank (NYSE: FRC) today announced financial results for the quarter ended September 30, 2020.

First Republics client-centric business model delivered another quarter of safe, consistent growth, said Jim Herbert, Founder, Chairman and CEO of First Republic. Lending, deposits and wealth management all continued to grow strongly due to our focus on exceptional, differentiated client service.

Quarterly Highlights

Financial... More