First Republic Bank Earnings Advance 15% In Q3

(RTTNews) - First Republic Bank (FRC) announced a profit for its third quarter that increased compared to the same period last year.

The company said its bottom line rose to $115.79 million, or $0.79 per share. This was higher than $100.70 million, or $0.71 per share, in last year's third quarter.

The company said revenue for the quarter rose 14.9% to $458.97 million. This was up from $399.60 million last year.

First Republic Bank earnings at a glance:

-Earnings (Q3): $115.79 Mln. vs. $100.70 Mln. last year. -Earnings Growth (Y-o-Y): 15.0% -EPS (Q3): $0.79 vs. $0.71 last year. -EPS Growth (Y-o-Y): 11.3% -Revenue (Q3): $458.97 Mln vs. $399.60 Mln last year. -Revenue Change (Y-o-Y): 14.9%