(VIANEWS) – The NYSE ended the session with FIRST REPUBLIC BANK (FRC) jumping 14.21% to $14.37 on Wednesday while NYSE fell 0.2% to $15,653.62.
FIRST REPUBLIC BANK’s last close was $12.58, 92.65% under its 52-week high of $171.09.
About FIRST REPUBLIC BANK
First Republic Bank, together with its subsidiaries, provides private banking, private business banking, and private wealth management services to clients in metropolitan areas in the United States. It operates in two segments, Commercial Banking and Wealth Management. The company accepts deposit products, such as noninterest-bearing checking, interest-bearing checking, money market checking accounts, money market savings accounts, and passbook accounts, as well as certificates of deposit. It also offers a range of lending products that comprise residential mortgage loans, home equity lines of credit, multifamily loans, commercial real estate and construction loans, personal and business loans, single family construction loans, and other 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, trust and custody, full service and online brokerage, financial and estate planning, and access to alternative investments, as well as investing, insurance, and foreign exchange services. Further, the company offers online and mobile banking services; refinancing services; and ATM and debit cards. First Republic Bank was founded in 1985 and is headquartered in San Francisco, California.
Earnings Per Share
As for profitability, FIRST REPUBLIC BANK has a trailing twelve months EPS of $8.25.
PE Ratio
FIRST REPUBLIC BANK has a trailing twelve months price to earnings ratio of 1.74. Meaning, the purchaser of the share is investing $1.74 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.99%.
Volatility
FIRST REPUBLIC BANK’s last week, last month’s, and last quarter’s current intraday variation average was a negative 2.10%, a negative 3.36%, and a positive 6.25%.
FIRST REPUBLIC BANK’s highest amplitude of average volatility was 2.18% (last week), 8.84% (last month), and 6.25% (last quarter).
Sales Growth
FIRST REPUBLIC BANK’s sales growth is negative 17.8% for the ongoing quarter and negative 47.8% for the next.
Moving Average
FIRST REPUBLIC BANK’s worth is way under its 50-day moving average of $74.11 and way below its 200-day moving average of $121.44.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 57.5% and a negative 102.3%, respectively.
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