FRC - First Republic Bank GAAP EPS of $1.23 beats by $0.71 revenue of $1.21B beats by $80M
2023-04-24 16:09:54 ET
- First Republic Bank press release ( NYSE: FRC ): Q1 GAAP EPS of $1.23 beats by $0.71 .
- Revenue of $1.21B (-16.0% Y/Y) beats by $80M .
- Net interest income was $923 million, down 19.4%.
- Book value per share was $76.97, up 10.4%.
- Net interest margin was 1.77%, compared to 2.45% for the prior quarter.
- Efficiency ratio was 70.4%, compared to 63.9% for the prior quarter.
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First Republic Bank GAAP EPS of $1.23 beats by $0.71, revenue of $1.21B beats by $80M