Benzinga | Oct 13, 2020 07:01AM EDT

First Republic Bank Q3 EPS $1.61 Beats $1.39 Estimate, Sales $1.00B Beat $955.96M Estimate

First Republic Bank (NYSE:FRC) reported quarterly earnings of $1.61 per share which beat the analyst consensus estimate of $1.39 by 15.83 percent. This is a 22.9 percent increase over earnings of $1.31 per share from the same period last year. The company reported quarterly sales of $1.00 billion which beat the analyst consensus estimate of $955.96 million by 4.61 percent. This is a 19.45 percent increase over sales of $837.19 million the same period last year.