|Bid||24.60 x 1300|
|Ask||28.60 x 800|
|Day's range||26.46 - 26.72|
|52-week range||26.01 - 27.80|
|Beta (5Y monthly)||1.09|
|PE ratio (TTM)||3.66|
|Forward dividend & yield||1.38 (5.13%)|
|Ex-dividend date||15 Sept 2021|
|1y target est||N/A|
Thank you, and welcome to First Republic Bank's fourth quarter 2021 conference call. Speaking today will be Mike Roffler, president and acting co-CEO; Mike Selfridge, chief banking officer; Bob Thornton, president, private wealth management; and Olga Tsokova, chief accounting officer and acting chief financial officer.
First Republic's (FRC) Q4 earnings surpass estimates on higher net interest and non-interest income, partially offset by higher costs.
First Republic Bank (FRC) delivered earnings and revenue surprises of 5.76% and 1.67%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?