FRC:NYE-First Republic Bank

COMMON STOCK | Banks - Regional - US | NYE

Last Closing Price

USD 96.21

Change

+0.51 (+0.53)%

Market Cap

USD 14.83B

Volume

1.46M

Average Target Price

USD 107.10 (+11.32%)
Average Analyst Rating

Verdict

STA Verdict

Verdict

About

First Republic Bank, together with its subsidiaries, provides private banking, private business banking, real estate lending, and wealth management services to clients in metropolitan areas in the United States. It operates through two segments, Commercial Banking and Wealth Management. The company offers deposit products, such as checking, money market checking, savings, passbook deposits, and individual retirement accounts, as well as certificates of deposit. It also provides a range of lending products that comprise residential mortgage loans, home equity lines of credit, multifamily loans, commercial real estate loans, personal loans, business loans, and smaller loans and lines of credit to businesses and individuals. The company's loans are secured by single family residences, multifamily buildings, and commercial real estate properties. In addition, it provides wealth management services, which include various investment strategies and products, online investment management services, trust and custody services, online brokerage, financial and estate planning, and access to alternative investments, as well as investing, insurance, and foreign exchange services; and treasury management services. Additionally, the company offers online and mobile banking services; student loan refinancing services; and ATM and debit cards. As of December 31, 2018, the company offered its services through 82 offices, including 75 preferred banking licensed deposit-taking offices in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach, and San Diego, California; Portland, Oregon; Boston, Massachusetts; Palm Beach, Florida; Greenwich, Connecticut; New York, New York; Jackson; and Wyoming, as well as 7 offices that provided lending, wealth management, and trust services. First Republic Bank was founded in 1985 and is headquartered in San Francisco, California.

Market Stats

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-09-16 )

Largest Industry Peers for Banks - Regional - US

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
USB-PH U.S. Bancorp

+0.02 (+0.09%)

USD 86.41B 4.92 0.00
USB-PP U.S. Bancorp

N/A

USD 85.40B 6.39 0.00
USB-PM U.S. Bancorp

+0.08 (+0.29%)

USD 82.93B 6.45 0.00
USB-PO U.S. Bancorp

+0.03 (+0.12%)

USD 82.62B 5.96 0.00
USB U.S. Bancorp

-0.22 (-0.39%)

USD 81.75B 12.36 46.66
PNC-PQ The PNC Financial Services Gro..

N/A

USD 59.86B 2.31 0.00
PNC The PNC Financial Services Gro..

+1.22 (+0.88%)

USD 56.63B 11.68 177.80
BBT-PH BB&T Corporation

+0.27 (+1.03%)

USD 37.42B 6.52 0.00
BBT-PG BB&T Corporation

+0.13 (+0.51%)

USD 37.08B 6.22 0.00
BBT-PF BB&T Corporation

+0.10 (+0.40%)

USD 36.95B 6.21 0.00

ETFs Containing FRC

Symbol Name Weight Mer Price(Change) Market Cap
BFIN:CA Brompton North American F.. 5.06 % 0.96 %

N/A

CAD 0.02B
IAT iShares U.S. Regional Ban.. 2.85 % 0.42 %

+0.03 (+0.06%)

USD 0.47B
KRS 2.29 % 0.95 %

N/A

N/A
KRU 2.29 % 0.95 %

N/A

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Banks - Regional - US)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 10.71% 27% F 46% F
Dividend Return 0.64% 10% F 14% F
Total Return 11.36% 24% F 41% F
Trailing 12 Months  
Capital Gain -4.06% 69% D+ 42% F
Dividend Return 0.74% 12% F 11% F
Total Return -3.32% 64% D 37% F
Trailing 5 Years  
Capital Gain 100.77% 100% A+ 90% A-
Dividend Return 6.89% 18% F 24% F
Total Return 107.66% 100% A+ 89% B+
Average Annual (5 Year Horizon)  
Capital Gain 15.71% 85% B 88% B+
Dividend Return 0.88% 16% F 20% F
Total Return 16.60% 83% B 87% B+
Risk Return Profile  
Volatility (Standard Deviation) 17.04% 73% C 46% F
Risk Adjusted Return 97.39% 94% A 88% B+
Market Capitalization 14.83B 72% C- 88% B+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Banks - Regional - US)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 18.02 14% F 47% F
Price/Book Ratio 1.82 7% F 43% F
Price / Cash Flow Ratio 13.35 17% F 31% F
EV/EBITDA 32.56 22% F 10% F
Management Effectiveness  
Return on Equity 10.22% 51% F 61% D-
Return on Invested Capital 4.84% 19% F 41% F
Return on Assets 0.90% 22% F 22% F
Debt to Equity Ratio 83.03% 32% F 44% F
Technical Ratios  
Short Ratio 9.36 15% F 10% F
Short Percent 570.00% 2% F 6% F
Beta 0.94 61% D- 47% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Higly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.