First Republic Bank (FRC) reported Q3 EPS of $2.21, $0.02 better than the analyst estimate of $2.19. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.55 billion.
“Revenue and net interest income growth were strong during the third quarter,” said Olga Tsokova, Chief Financial Officer (Acting) and Chief Accounting Officer. “We’re pleased to have accessed the equity capital markets during the quarter, and we continue to maintain a very strong capital position.”