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home / news releases / FRC - First Republic: Built For The Tough Times

FRC - First Republic: Built For The Tough Times

FIRST REPUBLIC BANK
  • First Republic delivered a strong Q3 with beats in revenue and EPS with strong loans and deposits growth and lowered credit loss provisions.
  • It has limited exposure to risky sectors that are due to perform poorly in a recession.
  • First Republic has a high-quality portfolio coupled with historically low credit losses that positions the bank well for tough times.
  • The main worry is the elevated valuation levels and the reality that some losses may be hitting its balance sheet in the coming quarters.

For further details see:

First Republic: Built For The Tough Times
Stock Information
Company Name: FIRST REPUBLIC BANK
Stock Symbol: FRC
Market: NYSE
Website: firstrepublic.com
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