First Republic Bank (FRC) Tops Q1 EPS by 11c
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First Republic Reports First Quarter 2022 Results
April 13, 2022 7:00 AM EDTRevenues Increased 23% Year-Over-Year
Tangible Book Value Per Share Rose 14% Year-Over-Year
Dividend Raised for 11th Consecutive Year
SAN FRANCISCO--(BUSINESS WIRE)-- First Republic Bank (NYSE: FRC) today announced financial results for the quarter ended March 31, 2022.
The entire business continued to perform very well in the first quarter, said Mike Roffler, Chief Executive Officer and President. Loan originations were our best ever, client satisfaction reached an all-time high, and we successfully completed our core system conversion. It was a terrific quarter.
Quarterly Highlights
Financial Results
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