Company Description
First Republic Bank engages in the provision of private banking, business banking, real estate lending, and wealth management, including trust and custody services. It operates through the Commercial Banking and Wealth Management segments. The Commercial Banking segment represents most of the operat...
First Republic Bank engages in the provision of private banking, business banking, real estate lending, and wealth management, including trust and custody services. It operates through the Commercial Banking and Wealth Management segments. The Commercial Banking segment represents most of the operations, including real estate secured lending, retail deposit gathering, private banking activities, mortgage sales and servicing, and managing capital, liquidity, and interest rate risk. The Wealth Management segment consists of the investment management activities of FRIM, First Republic Trust Company, FRTC Delaware, mutual fund activities through third-party providers, the brokerage activities of FRSC, and foreign exchange activities conducted on behalf of clients. The company was founded by James H. Herbert II in February 1985 and is headquartered in San Francisco, CA.
Valuation
P/E Current
17.24
P/E Ratio (without extraordinary items)
14.77
Price to Sales Ratio
3.30
Price to Book Ratio
1.61
Enterprise Value to Sales
5.41
Efficiency
Total Asset Turnover
0.03
Liquidity
Current Ratio
0.03
Profitability
Operating Margin
31.73
Pretax Margin
31.70
Net Margin
24.66
Return on Assets
0.84
Return on Equity
9.99
Return on Total Capital
7.72
Capital Structure
Total Debt to Total Assets
7.19
Officers and Executives
Name | Age | Officer Since | Title |
---|---|---|---|
Mr. James H. Herbert | 76 | 1985 | Executive Chairman & Co-Chief Executive Officer |
Mr. Michael J. Roffler | 50 | 2009 | President, Chief Executive Officer & Director |
Mr. Neal Holland | - | 2022 | Chief Financial Officer & Executive Vice President |
Mr. James D. Hughes | 61 | 2017 | Chief Information Officer & Executive VP |
Insider Actions
MarketWatch News on FRC
-
First Republic Bank stock rises Tuesday, still underperforms market
- MarketWatch Automation
-
Ameriprise Financial Inc. stock rises Tuesday, still underperforms market
- MarketWatch Automation
-
First Republic Bank stock falls Monday, underperforms market
- MarketWatch Automation
-
Ameriprise Financial Inc. stock falls Monday, underperforms market
- MarketWatch Automation
-
First Republic Bank stock underperforms Friday when compared to competitors
- MarketWatch Automation
-
Ameriprise Financial Inc. stock outperforms market on strong trading day
- MarketWatch Automation
-
First Republic Bank stock rises Thursday, outperforms market
- MarketWatch Automation
-
Ameriprise Financial Inc. stock falls Thursday, underperforms market
- MarketWatch Automation
-
First Republic Bank stock outperforms market on strong trading day
- MarketWatch Automation
-
Ameriprise Financial Inc. stock outperforms competitors on strong trading day
- MarketWatch Automation
-
First Republic Bank stock rises Tuesday, still underperforms market
- MarketWatch Automation
-
Ameriprise Financial Inc. stock outperforms competitors on strong trading day
- MarketWatch Automation
-
First Republic Bank stock falls Monday, still outperforms market
- MarketWatch Automation
-
Ameriprise Financial Inc. stock underperforms Monday when compared to competitors
- MarketWatch Automation
-
First Republic Bank stock outperforms competitors on strong trading day
- MarketWatch Automation
-
Ameriprise Financial Inc. stock underperforms Friday when compared to competitors
- MarketWatch Automation
-
First Republic Bank stock rises Thursday, still underperforms market
- MarketWatch Automation
-
Ameriprise Financial Inc. stock rises Thursday, outperforms market
- MarketWatch Automation
-
First Republic Bank stock rises Wednesday, outperforms market
- MarketWatch Automation
-
Ameriprise Financial Inc. stock outperforms competitors on strong trading day
- MarketWatch Automation
- Loading more headlines...
Other News on FRC
-
Top 5 4th Quarter Trades of Diamond Hill Capital
- GuruFocus.com
-
Top 5 4th Quarter Trades of DAVIDSON INVESTMENT ADVISORS
- GuruFocus.com
-
Elk River Wealth Management, LLC Buys 3, Sells 2 in 4th Quarter
- GuruFocus.com
-
Guru Favorite Stocks Fund 2022 Annual Letter
- GuruFocus.com
-
GPM Growth Investors, Inc. Buys 3, Sells 2 in 4th Quarter
- GuruFocus.com
-
THOMPSON SIEGEL & WALMSLEY LLC Buys 4, Sells 1 in 3rd Quarter
- GuruFocus.com
-
Aureus Asset Management, LLC Buys 2, Sells 3 in 3rd Quarter
- GuruFocus.com
-
Rising Rates Help Some Banks More Than Others
- The Wall Street Journal Interactive Edition
-
Wall Street Breakfast: The Week Ahead
- Seeking Alpha
-
Top 5 3rd Quarter Trades of INVERNESS COUNSEL LLC /NY/
- GuruFocus.com
-
THOMPSON SIEGEL & WALMSLEY LLC Buys 4, Sells 1 in 3rd Quarter
- GuruFocus.com
-
Giverny Capital Asset Management Q3 2022 Letter
- Seeking Alpha
-
Warning: FRC is at high risk of performing badly
- Seeking Alpha
- Loading more headlines...