12.10.2018 14:08:51

First Republic Bank Q3 Earnings Rise

(RTTNews) - First Republic Bank (FRC) announced a profit for its third quarter that rose from last year.

The company's bottom line totaled $196.43 million, or $1.19 per share. This compares with $185.74 million, or $1.14 per share, in last year's third quarter.

Analysts had expected the company to earn $1.20 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

First Republic Bank earnings at a glance:

-Earnings (Q3): $196.43 Mln. vs. $185.74 Mln. last year. -EPS (Q3): $1.19 vs. $1.14 last year. -Analysts Estimate: $1.20

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