First Republic Bank: Q4 Earnings Snapshot

January 13, 2023 GMT

SAN FRANCISCO (AP) _ First Republic Bank (FRC) on Friday reported fourth-quarter net income of $386 million.

The bank, based in San Francisco, said it had earnings of $1.88 per share.

The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.82 per share.

The San Francisco bank posted revenue of $1.96 billion in the period. Its revenue net of interest expense was $1.44 billion, falling short of Street forecasts. Seven analysts surveyed by Zacks expected $1.45 billion.

For the year, the company reported profit of $1.67 billion, or $8.25 per share. Revenue was reported as $5.87 billion.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on FRC at