First Republic Bank Q4 Income Advances 30%

(RTTNews) - First Republic Bank (FRC) released earnings for its fourth quarter that increased from last year.

The company said its bottom line came in at $161.74 million, or $1.03 per share. This was higher than $124.73 million, or $0.84 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.01 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

First Republic Bank earnings at a glance:

-Earnings (Q4): $161.74 Mln. vs. $124.73 Mln. last year. -Earnings Growth (Y-o-Y): 29.7% -EPS (Q4): $1.03 vs. $0.84 last year. -EPS Growth (Y-o-Y): 22.6% -Analysts Estimate: $1.01