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First Republic Bank Q3 Earnings Advance, Beats estimates

(RTTNews) – First Republic Bank (FRC) announced earnings for its third quarter that rose from the same period last year.

The company’s bottom line totaled $345.26 million, or $1.91 per share. This compares with $278.32 million, or $1.61 per share, in last year’s third quarter.

Analysts had expected the company to earn $1.84 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

First Republic Bank earnings at a glance:

-Earnings (Q3): $345.26 Mln. vs. $278.32 Mln. last year.
-EPS (Q3): $1.91 vs. $1.61 last year.
-Analysts Estimate: $1.84

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