First Republic Bank (FRC) Declares $0.16 Quarterly Dividend; 0.8% Yield
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FBR Capital Raises price Target on First Republic Bank (FRC) Following 3Q Report
October 14, 2016 7:43 AM EDTFBR Capital reiterated a Market Perform rating on First Republic Bank (NYSE: FRC), and raised the price target to $80.00 (from $73.00), following the company's 3Q earnings report. FRC reported EPS of $1.00, beating the Street's estimate of $0.99. Total revenues increased 19.2% YOY and 4.3% QOQ primarily due to strong growth in net interest income and wealth management fees.
Analyst Paul Miller commented, "Yesterday morning,... More
First Republic Bank (FRC) Tops Q3 EPS by 1c
October 13, 2016 8:07 AM EDTFirst Republic Bank (NYSE: FRC) reported Q3 EPS of $1.00, $0.01 better than the analyst estimate of $0.99. Revenue for the quarter came in at $557.9 million versus the consensus estimate of $592.65 million.
"We're pleased with third quarter results. Our client-centric business model continues to perform... More

