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First Republic Bank (FRC)

First Republic Bank (FRC)
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First Republic Bank was founded in 1985. It is a full-service bank and wealth management firm. The Bank and its affiliated companies provide private banking, private business banking and private wealth management, including investment, trust and brokerage services. The Bank provides investment management, brokerage, and trust services. Its investment management provides unique and personalized investment solutions for individuals, families, foundations, endowments and organizations. Its brokerage services are the answer for the investor seeking high quality support combined with unique and personalized investment solutions. First Republic Securities Company, LLC offers a full range of brokerage services. The Bank's trust services work flexibly with its client's existing advisors and investment managers to provide objective counsel and decision-making and tailor its services in response to what suits for its clients. It delivers its service through offices in the following geographies: San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach, San Diego, Portland, Boston, Greenwich and New York City.
(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Sales 6,753,000 5,305,000 4,506,910 4,156,700 3,575,050
Sales Growth +27.30% +17.71% +8.43% +16.27% +22.77%
Net Income 1,665,000 1,478,000 1,064,150 930,330 853,830
Net Income Growth +12.65% +38.89% +14.38% +8.96% +12.69%
(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Total Assets 212,639,000 181,087,000 142,502,094 116,263,602 99,205,203
Total Assets Growth +17.42% +27.08% +22.57% +17.20% +13.02%
Total Liabilities 195,193,000 165,189,000 130,751,500 106,412,500 90,527,430
Total Liabilities Growth +18.16% +26.34% +22.87% +17.55% +13.21%
(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Operating Cash Flow 252,000 1,204,000 531,260 938,510 1,111,200
Operating Cash Flow Growth -79.07% +126.63% -43.39% -15.54% +9.79%
Net Cash Flow -8,664,000 7,852,000 3,395,200 -1,111,600 514,140
Change in Net Cash Flow -210.34% +131.27% +405.43% -316.21% +171.60%
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