Plus   Neg

First Republic Bank Q3 Profit Tops Estimates; Revenues Up 8.9% - Quick Facts

First Republic Bank (FRC) reported third-quarter earnings per share of $1.31, up 10.1 percent from previous year. On average, 23 analysts polled by Thomson Reuters expected the company to report profit per share of $1.21, for the quarter. Analysts' estimates typically exclude special items.

For the third-quarter, total revenues were $837.2 million, up 8.9 percent compared to the third quarter a year ago. Analysts expected revenue of $829.97 million for the quarter.

The Bank declared a cash dividend for the third quarter of $0.19 per share of common stock, which is payable on November 14, 2019 to shareholders of record as of October 31, 2019.

For comments and feedback contact: editorial@rttnews.com

Business News

Follow RTT