15.10.2019 14:32:10

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

(RTTNews) - 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.

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