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First Republic Bank T.FRC


Primary Symbol: FRCB Alternate Symbol(s):  FRCHL | FRCIL | FRCJL | FRCKL | FRCCL | FRCLL

First Republic Bank (the Bank) is a commercial bank and trust company. The Bank specializes in providing services, including private banking, private business banking, real estate lending and wealth management services, including trust and custody services, to clients in selected metropolitan areas in the United States. It operates through two segments: Commercial Banking and Wealth Management. The principal business activities of the Commercial Banking segment are gathering deposits, originating and servicing loans and investing in investment securities. The principal business activities of the Wealth Management segment include the investment management activities of First Republic Investment Management, Inc. (FRIM), which manages investments for individuals and institutions; money market mutual fund activities through third-party providers and the brokerage activities of First Republic Securities Company, LLC (FRSC) and its foreign exchange activities conducted on behalf of clients.


GREY:FRCB - Post by User

Bullboard Posts
Comment by nijinsky70on Mar 06, 2012 9:42pm
405 Views
Post# 19636345

RE: Wow

RE: Wow

Fantastic results whichever way you look at them.  I was hoping to see an EPS for Q4 of 60+ cents, it came in at 67 cents and that's 21.8% over the target of 55 cents!   WOW!!!

 

My only regret today is I could not sell anything else this morning to raise the cash and add to my FRC holdings when that ridiculous selloff started taking the FRC SP down with everything else.  Well tomorrow's opening should be interesting if Greece doesn't come back to haunt us for yet another day.

 

BTW - How many times have this "Greek card" been played to shadedown the market?  I'm sure by now the market cap losses around the world for everyday that the Greece debt crisis has generated must be hundreds of times greater than the actual Greek debt themsleves.  Perhaps us investors should start a collection and tell Greece to just go away. 

Bullboard Posts