13.04.2017 14:09:55

First Republic Bank Q1 Income Climbs 15%

(RTTNews) - First Republic Bank (FRC) announced earnings for its first quarter that advanced compared to the same period last year.

The company said its bottom line climbed to $161.62 million, or $1.01 per share. This was up from $141.04 million, or $0.93 per share, in last year's first quarter.

Analysts had expected the company to earn $1.01 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

First Republic Bank earnings at a glance:

-Earnings (Q1): $161.62 Mln. vs. $141.04 Mln. last year. -Earnings Growth (Y-o-Y): 14.6% -EPS (Q1): $1.01 vs. $0.93 last year. -EPS Growth (Y-o-Y): 8.6% -Analysts Estimate: $1.01

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