Switch to:
Also traded in: Germany, Mexico

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength

vs
industry
vs
history
Interest Coverage 4.48
FRC's Interest Coverage is ranked higher than
79% of the 1535 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.66 vs. FRC: 4.48 )
Ranked among companies with meaningful Interest Coverage only.
FRC' s Interest Coverage Range Over the Past 10 Years
Min: 0  Med: 0.00 Max: 0
Current: 4.48
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth

vs
industry
vs
history
» FRC's 10-Y Financials

Financials (Next Earnings Date: Est. 2016-07-16)


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

Guru Trades

Q2 2015

FRC Guru Trades in Q2 2015

Pioneer Investments 72,732 sh (+436.33%)
Ron Baron 493,642 sh (+22.84%)
Chuck Royce 59,100 sh (+6.10%)
Ken Fisher 419,354 sh (+2.46%)
Diamond Hill Capital 539,958 sh (+1.29%)
Paul Tudor Jones Sold Out
Caxton Associates 18,200 sh (-81.80%)
» More
Q3 2015

FRC Guru Trades in Q3 2015

Pioneer Investments 103,657 sh (+42.52%)
Chuck Royce 65,540 sh (+10.90%)
Diamond Hill Capital 553,516 sh (+2.51%)
Ken Fisher 427,115 sh (+1.85%)
Caxton Associates Sold Out
Ron Baron 482,220 sh (-2.31%)
» More
Q4 2015

FRC Guru Trades in Q4 2015

Caxton Associates 25,000 sh (New)
Diamond Hill Capital 614,884 sh (+11.09%)
Chuck Royce 65,540 sh (unchged)
Ron Baron 482,041 sh (-0.04%)
Ken Fisher 420,313 sh (-1.59%)
Pioneer Investments 65,657 sh (-36.66%)
» More
Q1 2016

FRC Guru Trades in Q1 2016

John Hussman 100,000 sh (New)
Diamond Hill Capital 738,853 sh (+20.16%)
Ron Baron 502,397 sh (+4.22%)
Ken Fisher 423,543 sh (+0.77%)
Chuck Royce 65,540 sh (unchged)
Caxton Associates Sold Out
Pioneer Investments 46,824 sh (-28.68%)
» More
» Details

Insider Trades

Latest Guru Trades with FRC

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Preferred stocks of First Republic Bank

SymbolPriceYieldDescription
FRCPRB26.375.90Deposit Shs Repr 1/40th Non-Cum Perp Pfd Shs -B-
FRCPRC25.785.44DR
FRCPRD26.195.31ADR
FRCPRE28.016.25Deposit Shs Repr 1/40th 7% Non-Cum Perp Pfd Shs Series -E-
FRCPRA25.996.45Deposit Shs Repr 1/40th Perp Pfd Shs Series -A-
FRCPRF26.965.33Non-Cum Perp Pfd Shs Series -F
FRCPRG25.942.07DR Deposit Shs Repr 1/40th 5 1/2 % Non-Cum Perp Pfd Shs Series -G-

Business Description

Industry: Banks » Banks - Regional - US
Compare:NYSE:KEY, NYSE:CFG, NYSE:RF, NYSE:CMA, NAS:HBAN, NAS:SBNY, NYSE:CIT, NAS:FITB, NAS:ZION, NAS:TFSL, NAS:SIVB, NAS:PACW, NAS:CBSH, NAS:BOKF, NYSE:CFR, NYSE:SNV, NAS:FNFG, NAS:UMPQ, NYSE:PB, NAS:FMER » details
Traded in other countries:81R.Germany, FRC.Mexico,
First Republic Bank along with its subsidiaries provides private banking, private business banking and private wealth management, including investment, trust and brokerage services.

First Republic Bank was founded in 1985. It is a full-service bank and wealth management firm. The Company along with its subsidiaries provides private banking, private business banking and private wealth management, including investment, trust and brokerage services. The Company offers products and services including single family mortgage, home equity lines of credit, vacation home mortgages, bridge loans, co-op and condominium loans, stock/bond secured loans, unsecured loans, overdraft lines of credit, corporate online banking, business money market accounts, free business on-site ATMs, personal trust services with open architecture, permanent life insurance products for estate, business planning and tax deferred cash accumulation, money market checking, foreign exchange, online brokerage, and cash management. The Company offers investment management, trust and brokerage services for individuals, trusts, endowments and organizations and offers wealth management services including portfolio management, financial & estate planning, brokerage services, trust administration & custody, and insurance services. The Company offers private business banking services are offered for accounting firms, law firms, real estate investors, architecture and design firms, medical practices, small businesses, business management firms, motion picture and TV production, technology firms, engineering services, nonprofit organizations, venture capital funds/firms, family offices, private clubs, wineries, independent nonprofit schools, private equity funds/firms, investment firms, and property management firms. It delivers its service through offices in the following geographies: San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach, San Diego, Portland, Boston, Greenwich and New York City.

Guru Investment Theses on First Republic Bank

Baron Funds Comments on First Republic Bank - Jun 01, 2016

We’re also invested in First Republic Bank (NYSE:FRC), which provides banking and wealth management services to affluent customers in urban, coastal markets across the U.S. First Republic was founded 30 years ago, acquired in 2007 by Merrill Lynch (which subsequently merged with Bank of America), and spun off as a separate company again in 2010. First Republic differentiates itself through its singular focus on providing exceptional customer service, resulting in high customer loyalty and superior growth. The bank is well-capitalized and is led by an experienced management team that has demonstrated superior underwriting performance over many years. First Republic’s stock has risen over 160% since its IPO in 2010 as its high-touch business model and affluent customer base have driven strong market share gains.



From Baron Funds' May 2016 Baron Insight: Investing in Financials.



Check out Ron Baron latest stock trades

Top Ranked Articles about First Republic Bank

Baron Funds Comments on First Republic Bank Guru stock highlight
We’re also invested in First Republic Bank (NYSE:FRC), which provides banking and wealth management services to affluent customers in urban, coastal markets across the U.S. First Republic was founded 30 years ago, acquired in 2007 by Merrill Lynch (which subsequently merged with Bank of America), and spun off as a separate company again in 2010. First Republic differentiates itself through its singular focus on providing exceptional customer service, resulting in high customer loyalty and superior growth. The bank is well-capitalized and is led by an experienced management team that has demonstrated superior underwriting performance over many years. First Republic’s stock has risen over 160% since its IPO in 2010 as its high-touch business model and affluent customer base have driven strong market share gains. Read more...

Ratios

vs
industry
vs
history
Forward P/E 17.76
FRC's Forward P/E is ranked lower than
92% of the 366 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 12.50 vs. FRC: 17.76 )
Ranked among companies with meaningful Forward P/E only.
N/A

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 0.90
FRC's Dividend Yield is ranked lower than
91% of the 2261 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.03 vs. FRC: 0.90 )
Ranked among companies with meaningful Dividend Yield only.
FRC' s Dividend Yield Range Over the Past 10 Years
Min: 0  Med: 0.00 Max: 0.9
Current: 0.9
0
0.9
Dividend Payout 0.19
FRC's Dividend Payout is ranked higher than
77% of the 1286 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.34 vs. FRC: 0.19 )
Ranked among companies with meaningful Dividend Payout only.
FRC' s Dividend Payout Range Over the Past 10 Years
Min: 0  Med: 0.00 Max: 0
Current: 0.19
Forward Dividend Yield 1.00
FRC's Forward Dividend Yield is ranked lower than
93% of the 2124 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.29 vs. FRC: 1.00 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 0.90
FRC's Yield on cost (5-Year) is ranked lower than
91% of the 2499 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.61 vs. FRC: 0.90 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
FRC' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 0  Med: 0.00 Max: 0.9
Current: 0.9
0
0.9

Valuation & Return

vs
industry
vs
history

More Statistics

Revenue (TTM) (Mil) $1,764
EPS (TTM) $ 3.05
Beta0.98
Short Percentage of Float2.24%
52-Week Range $56.32 - 73.22
Shares Outstanding (Mil)142.58

Analyst Estimate

Dec15 Dec16 Dec17
Revenue (Mil $) 1,842 2,195 2,499
EPS ($) 3.18 3.63 4.30
EPS w/o NRI ($) 3.18 3.63 4.30
EPS Growth Rate
(3Y to 5Y Estimate)
N/A
» More Articles for FRC

Headlines

Articles On GuruFocus.com
Baron Funds Comments on First Republic Bank Jun 01 2016 
Baron Insight: Investing in Financials May 31 2016 
Weekly 52-Week Highs Highlight: HUM, EBAY, SYK, FRCPRD Jun 02 2015 
Futuristic Bank Stocks To Watch Out For Feb 12 2015 
Futuristic Bank Stocks To Watch Out For Feb 12 2015 
BB&T's Bright Future Will Help Growth Dec 11 2014 
A Fairly Profitable Midwestern Bank Oct 09 2014 

More From Other Websites
First Republic Bank Announces Second Quarter 2016 Earnings And Conference Call Date Jun 28 2016
First Republic Bank Announces Second Quarter 2016 Earnings And Conference Call Date Jun 28 2016
ETF’s with exposure to First Republic Bank, Inc. : June 27, 2016 Jun 27 2016
First Republic Bank, Inc. breached its 50 day moving average in a Bearish Manner : FRC-US : June 27,... Jun 27 2016
First Republic Bank, Inc. :FRC-US: Earnings Analysis: Q1, 2016 By the Numbers : June 24, 2016 Jun 24 2016
First Republic Bank Releases Results Of 2016 Dodd-Frank Act Company-Run Capital Stress Test Jun 23 2016
First Republic Bank Releases Results Of 2016 Dodd-Frank Act Company-Run Capital Stress Test Jun 23 2016
First Republic Bank, Inc. breached its 50 day moving average in a Bearish Manner : FRC-US : June 13,... Jun 13 2016
Featured Research Report on Money Center Bank Stocks Jun 10 2016
First Republic Bank Declares Dividends On Seven Series Of Perpetual Preferred Stock For Second... Jun 03 2016
First Republic Bank Declares Dividends On Seven Series Of Perpetual Preferred Stock For Second... Jun 03 2016
First Republic Bank Prices Common Stock Offering Jun 01 2016
First Republic Bank Prices Common Stock Offering Jun 01 2016
First Republic Bank (FRC) Issues 2.5 Million Common Shares Jun 01 2016
First Republic Bank Announces Common Stock Offering May 31 2016
First Republic Bank Announces Common Stock Offering May 31 2016
First Republic Bank To Present At The Morgan Stanley Financials Conference May 31 2016
First Republic Bank To Present At The Morgan Stanley Financials Conference May 31 2016
Financials Lead Market; 3 Breakouts In Buying Range May 25 2016

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)