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First Republic Bank (FRC)

(Delayed Data from NYSE)

$178.35 USD

178.35
1,452,805

-3.04 (-1.68%)

Updated Jun 18, 2021 04:04 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy25.41%
2Buy19.02%
3Hold10.72%
4Sell6.46%
5Strong Sell3.06%
S&P50011.04%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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F Value F Growth C Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 24% (60 out of 252)

Industry: Banks - West

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Balance Sheet

Research for FRC

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for First Republic Bank falls in the month of December.

All items in Millions except Per Share data.

12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Assets          
Cash & Equivalents 5,095 1,700 2,811 2,297 2,108
Receivables 111,931 90,301 75,426 62,474 51,702
Notes Receivable 0 0 0 0 0
Inventories 21 23 99 88 407
Other Current Assets 0 0 0 0 0
Total Current Assets 117,047 92,024 78,336 64,859 54,217
Net Property & Equipment 403 387 332 296 208
Investments & Advances 21,723 20,985 18,669 21,014 17,552
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 228 235 328 356 378
Deposits & Other Assets 3,101 2,633 1,539 1,255 923
Total Assets 142,502 116,264 99,205 87,781 73,278
Liabilities & Shareholders Equity 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Notes Payable 0 800 100 100 100
Accounts Payable 114,929 90,133 79,063 68,919 58,602
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 114,929 90,933 79,163 69,019 58,702
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 13,529 13,476 10,374 9,972 6,711
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 2,293 2,004 990 972 955
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 130,752 106,413 90,527 79,962 66,369
Shareholders Equity 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Preferred Stock 1,545 1,145 940 990 1,140
Common Stock (Par) 2 2 2 2 2
Capital Surplus 4,834 4,215 4,024 3,779 3,302
Retained Earnings 5,346 4,484 3,731 3,052 2,460
Other Equity 23 5 -19 -4 6
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 11,751 9,851 8,678 7,818 6,909
Total Liabilities & Shareholder's Equity 142,502 116,264 99,205 87,781 73,278
Total Common Equity 10,206 8,706 7,738 6,828 5,769
Shares Outstanding 172.10 168.40 164.90 161.70 150.10
Book Value Per Share 59.30 51.70 46.92 42.23 38.44

Fiscal Year End for First Republic Bank falls in the month of December.

All items in Millions except Per Share data.

3/31/2021 12/31/2020 9/30/2020 6/30/2020 3/31/2020
Assets          
Cash & Equivalents 8,889 5,095 3,691 3,099 3,949
Receivables 117,463 111,931 104,157 99,431 94,743
Notes Receivable 0 0 0 0 0
Inventories 0 21 34 314 355
Other Current Assets 0 0 0 0 0
Total Current Assets 126,352 117,047 107,882 102,844 99,047
Net Property & Equipment 412 403 390 388 393
Investments & Advances 25,139 21,723 21,704 21,680 21,361
Other Non-Current Assets 1 0 0 1 1
Deferred Charges 0 0 0 0 0
Intangibles 226 228 229 231 233
Deposits & Other Assets 3,668 3,101 3,020 3,159 2,880
Total Assets 155,798 142,502 133,226 128,304 123,915
Liabilities & Shareholders Equity 3/31/2021 12/31/2020 9/30/2020 6/30/2020 3/31/2020
Notes Payable 0 0 5 5 0
Accounts Payable 127,907 114,929 104,403 98,534 93,692
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 127,907 114,929 104,408 98,539 93,692
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 12,280 13,529 15,279 17,178 18,023
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 2,669 2,194 2,011 1,840
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 142,856 130,752 121,881 117,728 113,555
Shareholders Equity 3/31/2021 12/31/2020 9/30/2020 6/30/2020 3/31/2020
Preferred Stock 2,143 1,545 1,645 1,145 1,145
Common Stock (Par) 2 2 2 2 2
Capital Surplus 5,192 4,834 4,572 4,543 4,544
Retained Earnings 5,627 5,346 5,102 4,859 4,652
Other Equity -21 23 24 27 17
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 12,942 11,751 11,345 10,576 10,360
Total Liabilities & Shareholder's Equity 155,798 142,502 133,226 128,304 123,915
Total Common Equity 10,799 10,206 9,700 9,431 9,215
Shares Outstanding 172.10 172.10 172.10 172.00 171.40
Book Value Per Share 62.75 59.30 56.36 54.83 53.76