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FRC - First Republic Bank EPS beats by $0.24 beats on revenue
FIRST REPUBLIC BANK
First Republic Bank (FRC): Q1 GAAP EPS of $1.79 beats by $0.24.Revenue of $1.17B (+23.6% Y/Y) beats by $80M.“First Republic is off to a very strong start in 2021, driven by strong growth in loans, deposits and wealth management assets,” said Jim Herbert, Founder, Chairman and CEO. “Our client-centric business model continues to perform very well.”10% Quarterly Dividend Increase Marks 10th Consecutive Year of Dividend Increases.Press Release