First Republic Bank Q3 Income Climbs 29%

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

The company said its bottom line came in at $154.44 million, or $1.00 per share. This was higher than $119.53 million, or $0.82 per share, in last year's third quarter.

Analysts had expected the company to earn $0.99 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

First Republic Bank earnings at a glance:

-Earnings (Q3): $154.44 Mln. vs. $119.53 Mln. last year. -Earnings Growth (Y-o-Y): 29.2% -EPS (Q3): $1.00 vs. $0.82 last year. -EPS Growth (Y-o-Y): 22.0% -Analysts Estimate: $0.99