Benzinga | Jul 14, 2020 07:02AM EDT

First Republic Bank Q2 EPS $1.40 Beats $1.17 Estimate, Sales $919.00M Beat $912.52M Estimate

First Republic Bank (NYSE:FRC) reported quarterly earnings of $1.40 per share which beat the analyst consensus estimate of $1.17 by 19.66 percent. This is a 12.9 percent increase over earnings of $1.24 per share from the same period last year. The company reported quarterly sales of $919.00 million which beat the analyst consensus estimate of $912.52 million by 0.71 percent. This is a 12.16 percent increase over sales of $819.38 million the same period last year.