FRC - First Republic Bank GAAP EPS of $2.21 beats by $0.02 revenue of $1.57B beats by $20M
- First Republic Bank press release ( NYSE: FRC ): Q3 GAAP EPS of $2.21 beats by $0.02 .
- Revenue of $1.57B (+17.2% Y/Y) beats by $20M .
- Tangible book value per share was $72.54, up 11.3%.
- Net interest margin was 2.71%, compared to 2.80% for the prior quarter.
- Efficiency ratio was 60.3%, compared to 60.5% for the prior quarter.
- Tier 1 leverage ratio was 8.59%.
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First Republic Bank GAAP EPS of $2.21 beats by $0.02, revenue of $1.57B beats by $20M