Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.

How to buy First Republic Bank stock | $107.67

Own First Republic Bank stock in just a few minutes.

Posted

Fact checked

First Republic Bank is a banks—regional business based in the US. First Republic Bank shares (FRC) are listed on the NYSE and all prices are listed in US Dollars. First Republic Bank employs 5,197 staff and has a trailing 12-month revenue of around USD$3.4 billion.

How to buy shares in First Republic Bank

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for First Republic Bank Find the stock by name or ticker symbol: FRC. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until First Republic Bank reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$107.67, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of First Republic Bank, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of First Republic Bank. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

First Republic Bank share price

Use our graph to track the performance of FRC stocks over time.

First Republic Bank shares at a glance

Information last updated 2020-09-25.
Latest market closeUSD$107.67
52-week rangeUSD$77.56 - USD$125.12
50-day moving average USD$111.9829
200-day moving average USD$104.2844
Wall St. target priceUSD$118.18
PE ratio 20.3547
Dividend yield USD$0.8 (0.79%)
Earnings per share (TTM) USD$5.299

Compare trading platforms

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Available asset types Stock trade fee Option trade fee Annual fee
Vanguard
Stocks,Mutual funds,ETFs,Forex
$0
$1
$20 per year
Get a personal advisor when you open an account with at least $50,000.
Robinhood
Stocks,Options,ETFs,Cryptocurrency
$0
$0
0%
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
TD Ameritrade
Stocks,Bonds,Options,Mutual funds,ETFs,Forex,Futures
$0
or $25 If it is broker-assisted
$0 + $0.65/contract,
or $25 Broker-assisted
TD Ameritrade features $0 commission for online stock, but watch out for high short-term ETF and broker-assisted trading fees.
Tastyworks
Stocks,Options,ETFs,Futures
$0
Stocks & ETFs: $1/contract to open, $0 to close, $10 max/leg
Futures: $2.50/contract to open, $0 to close
0%
Trade stocks, options, ETFs and futures on mobile or desktop with this advanced platform.
loading

Compare up to 4 providers

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy First Republic Bank stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

First Republic Bank price performance over time

Historical closes compared with the close of $107.67 from 2020-09-29

1 week (2020-09-23) 6.67%
1 month (2020-08-28) -6.16%
3 months (2020-06-30) 1.59%
6 months (2020-03-30) 24.62%
1 year (2019-09-30) 11.34%
2 years (2018-09-28) 12.16%
3 years (2017-09-29) 3.07%
5 years (2015-09-30) 71.53%

Is First Republic Bank under- or over-valued?

Valuing First Republic Bank stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of First Republic Bank's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

First Republic Bank's P/E ratio

First Republic Bank's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, First Republic Bank shares trade at around 20x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

First Republic Bank's PEG ratio

First Republic Bank's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.65. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into First Republic Bank's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

First Republic Bank financials

Revenue TTM USD$3.4 billion
Operating margin TTM 35.8%
Gross profit TTM USD$3.3 billion
Return on assets TTM 0.82%
Return on equity TTM 9.67%
Profit margin 27.89%
Book value $54.801
Market capitalisation USD$17.7 billion

TTM: trailing 12 months

Shorting First Republic Bank shares

There are currently 3.2 million First Republic Bank shares held short by investors – that's known as First Republic Bank's "short interest". This figure is 13.2% down from 3.7 million last month.

There are a few different ways that this level of interest in shorting First Republic Bank shares can be evaluated.

First Republic Bank's "short interest ratio" (SIR)

First Republic Bank's "short interest ratio" (SIR) is the quantity of First Republic Bank shares currently shorted divided by the average quantity of First Republic Bank shares traded daily (recently around 547964.42141623). First Republic Bank's SIR currently stands at 5.79. In other words for every 100,000 First Republic Bank shares traded daily on the market, roughly 5790 shares are currently held short.

However First Republic Bank's short interest can also be evaluated against the total number of First Republic Bank shares, or, against the total number of tradable First Republic Bank shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case First Republic Bank's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 First Republic Bank shares in existence, roughly 20 shares are currently held short) or 0.0186% of the tradable shares (for every 100,000 tradable First Republic Bank shares, roughly 19 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against First Republic Bank.

Find out more about how you can short First Republic Bank stock.

First Republic Bank's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like First Republic Bank.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

First Republic Bank's total ESG risk score

Total ESG risk: 29.54

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and First Republic Bank's overall score of 29.54 (as at 08/01/2020) is nothing to write home about – landing it in it in the 41st percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like First Republic Bank is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

First Republic Bank's environmental score

Environmental score: 8.41/100

First Republic Bank's environmental score of 8.41 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that First Republic Bank is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

First Republic Bank's social score

Social score: 14.96/100

First Republic Bank's social score of 14.96 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that First Republic Bank is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

First Republic Bank's governance score

Governance score: 15.17/100

First Republic Bank's governance score puts it squarely in the 7th percentile of companies rated in the same sector. That could suggest that First Republic Bank is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

First Republic Bank's controversy score

Controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. First Republic Bank scored a 1 out of 5 for controversy – the highest score possible, reflecting that First Republic Bank has managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

First Republic Bank was last rated for ESG on: 2020-08-01.

Total ESG score 29.54
Total ESG percentile 41.24
Environmental score 8.41
Environmental score percentile 7
Social score 14.96
Social score percentile 7
Governance score 15.17
Governance score percentile 7
Level of controversy 1

First Republic Bank share dividends

15%

Dividend payout ratio: 14.53% of net profits

Recently First Republic Bank has paid out, on average, around 14.53% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.79% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), First Republic Bank shareholders could enjoy a 0.79% return on their shares, in the form of dividend payments. In First Republic Bank's case, that would currently equate to about $0.8 per share.

While First Republic Bank's payout ratio might seem low, this can signify that First Republic Bank is investing more in its future growth.

First Republic Bank's most recent dividend payout was on 13 August 2020. The latest dividend was paid out to all shareholders who bought their shares by 29 July 2020 (the "ex-dividend date").

First Republic Bank share price volatility

Over the last 12 months, First Republic Bank's shares have ranged in value from as little as $77.56 up to $125.12. A popular way to gauge a stock's volatility is its "beta".

FRC.US volatility(beta: 1.14)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while First Republic Bank's is 1.1355. This would suggest that First Republic Bank's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

First Republic Bank overview

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 accepts deposit products, such as checking, money market checking, savings, passbook deposits, and individual retirement 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 loans, personal loans, business loans, construction 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 services. Additionally, the company offers online and mobile banking services; student loan refinancing services; and ATM and debit cards. As of December 31, 2019, the company offered its services through 89 offices, including 78 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 11 offices that provided lending, wealth management, and trust services. First Republic Bank was founded in 1985 and is headquartered in San Francisco, California.

Frequently asked questions

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site