First Republic Bank (FRC) Tops Q1 EPS by 25c, Revenues Beat

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Go back to First Republic Bank (FRC) Tops Q1 EPS by 25c, Revenues Beat

First Republic Reports First Quarter 2021 Results

April 14, 2021 7:00 AM EDT

Revenues Increased 24% Year-Over-Year

Tangible Book Value Per Share Increased 14.5% Year-Over-Year

10% Quarterly Dividend Increase Marks 10th Consecutive Year of Dividend Increases

SAN FRANCISCO--(BUSINESS WIRE)-- First Republic Bank (NYSE: FRC) today announced financial results for the quarter ended March 31, 2021.

First Republic is off to a very strong start in 2021, driven by strong growth in loans, deposits and wealth management assets, said Jim Herbert, Founder, Chairman and CEO. Our client-centric business model continues to perform very well.

Quarterly Highlights

Financial... More