First Republic Bank (FRC) Tops Q2 EPS by 22c

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First Republic Reports Second Quarter 2021 Results

July 13, 2021 7:00 AM EDT

Tangible Book Value Per Share Up 15.5% Year-Over-Year

Net Interest Income Increased 27.5% Year-Over-Year

SAN FRANCISCO--(BUSINESS WIRE)-- First Republic Bank (NYSE: FRC) today announced financial results for the quarter ended June 30, 2021.

First Republic had another very strong quarter of organic growth, said Jim Herbert, Founder, Chairman and Co-CEO of First Republic Bank. First Republics brand of exceptional client service resulted in significant growth in single family loans, deposits and wealth management assets.

Our results this quarter were representative of how our service-focused business model... More