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First Republic Bank [San Francisco California] (FRCB)

First Republic Bank [San Francisco California] (FRCB)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
First Republic Bank is a commercial bank and trust company and a member of the Federal Deposit Insurance Corporation. The company specializes in providing personalized, relationship-based preferred banking, private business banking, deposit services, real-estate lending, investment, trust and brokerage services and private wealth management services to customers across the United States. It provides wealth management as well as trust services through First Republic Investment Management, Inc. and First Republic Trust Company, respectively. First Republic operates two major business segments, commercial banking and wealth management. The Commercial Banking segment accepts funds from customers, originates and services loans and invests in investment securities. The Wealth Management segment consists of First Republic Investment Management, the money market mutual fund activities through third-party providers and the brokerage activities along with foreign exchange activities.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Mar, 2023 Dec, 2022 Sep, 2022 Jun, 2022 Mar, 2022
Sales 2,183,000 1,962,000 1,772,000 1,579,000 1,440,000
Sales Growth +11.26% +10.72% +12.22% +9.65% +1.80%
Net Income 269,000 386,000 445,000 433,000 401,000
Net Income Growth -30.31% -13.26% +2.77% +7.98% +0.16%
(Values in U.S. Thousands) Mar, 2023 Dec, 2022 Sep, 2022 Jun, 2022 Mar, 2022
Total Assets 232,944,000 212,639,000 205,109,000 197,908,000 187,121,000
Total Assets Growth +9.55% +3.67% +3.64% +5.76% +3.33%
Total Liabilities 214,954,000 195,193,000 187,990,000 181,482,000 170,967,000
Total Liabilities Growth +10.12% +3.83% +3.59% +6.15% +3.50%
(Values in U.S. Thousands) Mar, 2023 Dec, 2022 Sep, 2022 Jun, 2022 Mar, 2022
Operating Cash Flow 0 252,000 228,000 116,000 10,000
Operating Cash Flow Growth -100.00% +10.53% +96.55% +1,060.00% -99.17%
Net Cash Flow 0 -8,664,000 -7,415,000 -6,710,000 -5,191,000
Change in Net Cash Flow +100.00% -16.84% -10.51% -29.26% -166.11%
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