Benzinga | Apr 14, 2021 07:04AM EDT

First Republic Bank Q1 EPS $1.79 Beats $1.55 Estimate, Sales $1.10B Beat $1.09B Estimate

First Republic Bank (NYSE:FRC) reported quarterly earnings of $1.79 per share which beat the analyst consensus estimate of $1.55 by 15.48 percent. This is a 49.17 percent increase over earnings of $1.20 per share from the same period last year. The company reported quarterly sales of $1.10 billion which beat the analyst consensus estimate of $1.09 billion by 0.92 percent. This is a 20.06 percent increase over sales of $916.18 million the same period last year.