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First Republic Bank (FRC)

(Delayed Data from NYSE)

$112.53 USD

112.53
647,243

+1.56 (1.41%)

Updated Dec 6, 2019 03:59 PM ET

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3-Hold     3    

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
1
2
3
4
5
S&P
Strong Buy
Buy
Hold
Sell
Strong Sell
500
24.62%
17.69%
9.40%
5.11%
2.01%
10.65%

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D Value | B Growth | F Momentum | D VGM

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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

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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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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%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Balance Sheet

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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

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.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

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

All items in Millions except Per Share data.

12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Assets          
Cash & Equivalents 2,811 2,297 2,108 1,131 817
Receivables 75,426 62,474 51,702 43,823 37,601
Notes Receivable 0 0 0 0 0
Inventories 99 88 407 49 271
Other Current Assets 0 0 0 0 0
Total Current Assets 78,336 64,859 54,217 45,002 38,690
Net Property & Equipment 332 296 208 172 166
Investments & Advances 18,669 21,014 17,552 12,627 8,481
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 328 356 378 363 266
Deposits & Other Assets 1,539 1,255 923 817 751
Total Assets 99,205 87,781 73,278 58,981 48,353
Liabilities & Shareholders Equity 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Notes Payable 100 100 100 100 0
Accounts Payable 79,063 68,919 58,602 47,893 37,131
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 79,163 69,019 58,702 47,993 37,131
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 10,374 9,972 6,711 4,427 5,711
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 990 972 955 855 733
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 90,527 79,962 66,369 53,276 43,575
Shareholders Equity 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Preferred Stock 940 990 1,140 990 890
Common Stock (Par) 2 2 2 1 1
Capital Surplus 4,024 3,779 3,302 2,770 2,314
Retained Earnings 3,731 3,052 2,460 1,950 1,571
Other Equity -19 -4 6 -5 3
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 8,678 7,818 6,909 5,706 4,778
Total Liabilities & Shareholder's Equity 99,205 87,781 73,278 58,981 48,353
Total Common Equity 7,738 6,828 5,769 4,716 3,889
Shares Outstanding 164.90 161.70 150.10 145.60 138.00
Book Value Per Share 46.92 42.23 38.44 32.39 28.18

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

All items in Millions except Per Share data.

9/30/2019 6/30/2019 3/31/2019 12/31/2018 9/30/2018
Assets          
Cash & Equivalents 2,182 2,220 3,693 2,811 3,014
Receivables 85,819 81,765 76,812 75,426 71,913
Notes Receivable 0 0 0 0 0
Inventories 32 13 10 99 274
Other Current Assets 0 0 0 0 0
Total Current Assets 88,033 83,997 80,515 78,336 75,201
Net Property & Equipment 374 349 340 332 324
Investments & Advances 19,888 18,646 18,532 18,669 18,750
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 310 317 323 328 335
Deposits & Other Assets 2,424 2,391 2,137 1,539 1,484
Total Assets 111,029 105,700 101,847 99,205 96,094
Liabilities & Shareholders Equity 9/30/2019 6/30/2019 3/31/2019 12/31/2018 9/30/2018
Notes Payable 775 0 0 100 100
Accounts Payable 85,721 83,431 81,612 79,063 74,759
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 86,496 83,431 81,612 79,163 74,859
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 12,175 11,075 9,674 10,374 11,273
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 2,927 1,515 990 1,295
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 101,598 96,480 92,801 90,527 87,428
Shareholders Equity 9/30/2019 6/30/2019 3/31/2019 12/31/2018 9/30/2018
Preferred Stock 940 940 940 940 1,140
Common Stock (Par) 2 2 2 2 2
Capital Surplus 4,198 4,186 4,203 4,024 4,000
Retained Earnings 4,281 4,092 3,914 3,731 3,546
Other Equity 10 0 -13 -19 -21
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 9,431 9,220 9,046 8,678 8,667
Total Liabilities & Shareholder's Equity 111,029 105,700 101,847 99,205 96,094
Total Common Equity 8,491 8,280 8,106 7,738 7,527
Shares Outstanding 168.10 168.10 167.30 164.90 164.70
Book Value Per Share 50.51 49.25 48.45 46.92 45.70