First Republic Bank: Q3 Earnings Insights

First Republic Bank (NYSE:FRC) reported its Q3 earnings results on Friday, October 14, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

First Republic Bank (NYSE:FRC) reported its Q3 earnings results on Friday, October 14, 2022 at 07:00 AM.

Here’s what investors need to know about the announcement.

Earnings

First Republic Bank beat estimated earnings by 1.38%, reporting an EPS of $2.21 versus an estimate of $2.18.

Revenue was up $220.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 3.19% increase in the share price the next day.

Here’s a look at First Republic Bank’s past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 2.09 1.89 1.93 1.84
EPS Actual 2.16 2 2.02 1.91
Revenue Estimate 1.47B 1.40B 1.35B 1.27B
Revenue Actual 1.51B 1.40B 1.37B 1.30B

To track all earnings releases for First Republic Bank visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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