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First Republic Bank Earnings Advance In Q1

First Republic Bank (FRC) announced a profit for its first quarter that increased from the same period last year.

The company's profit came in at $186.86 million, or $1.13 per share. This compares with $161.62 million, or $1.01 per share, in last year's first quarter.

Analysts had expected the company to earn $1.07 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

First Republic Bank earnings at a glance:

-Earnings (Q1): $186.86 Mln. vs. $161.62 Mln. last year.
-EPS (Q1): $1.13 vs. $1.01 last year.
-Analysts Estimate: $1.07

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