First Republic Bank (FRC) Tops Q2 EPS by 6c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/28/2026
- S&P 500 ends lower; chips tumble and Moderna rallies
- SpaceX weighs Starlink mobile service to US consumers, FT reports
- U.S. chip stocks retreat after Apple price hikes stoke fears over AI trade
- Morgan Stanley flags Fed hike risk if unemployment drops below 4%
- UBS trims AI portfolio exposure to semis and hardware after recent rally
First Republic Reports Second Quarter 2022 Results
July 14, 2022 7:00 AM EDTYear-Over-Year Revenues Increased 23% and Earnings Per Share Increased 11%
Tangible Book Value Per Share Increased 13% Year-Over-Year
SAN FRANCISCO--(BUSINESS WIRE)-- First Republic Bank (NYSE: FRC) today announced financial results for the quarter ended June 30, 2022.
First Republic had an excellent quarter, reflecting the consistency of our client-focused model and culture, said Mike Roffler, Chief Executive Officer and President. Loan growth was very strong, and credit quality remains excellent.
Quarterly Highlights
Financial Results
Year-over-year:
Revenues were $1.5 billion, up 22.6%.
Net interest income... More
