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First Republic Bank is currently in a long term uptrend where the price is trading 16.9% above its 200 day moving average.
From a valuation standpoint, the stock is 17.3% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 7.5.
First Republic Bank's total revenue rose by 23.5% to $1B since the same quarter in the previous year.
Its net income has increased by 20.0% to $296M since the same quarter in the previous year.
Finally, its free cash flow grew by 107.1% to $65M since the same quarter in the previous year.
Based on the above factors, First Republic Bank gets an overall score of 5/5.
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Industry | Banks-Regional |
---|---|
ISIN | US33616C1009 |
Sector | Financial Services |
CurrencyCode | USD |
Exchange | NYSE |
Beta | 1.15 |
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Target Price | 67.8 |
Dividend Yield | 3.2% |
Market Cap | 3B |
PE Ratio | 1.68 |
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.
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