First Republic Bank Earnings Preview: Can This Streak Continue?

First Republic Bank (NYSE:FRC) will report earnings before markets open on Monday, April 15th. First Republic Bank and its subsidiaries provide private banking, private business banking and private wealth management in urban, coastal markets in the U.S. First Republic delivers relationship-based service by providing a single point of contact for all of its services.

Here is your Cheat Sheet to First Republic Bank Earnings:

Earnings Expectations: Analysts expect earnings of $0.73 per share on revenues of $316.45 million. Currently, the company’s P/E ratio stands at 13.69.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.74 to a profit $0.75. For the current year, the average estimate is a profit of $3.01, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how First Republic Bank has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012
Revenue ($) in millions 0.00 310.39 1,301 1,456
Diluted EPS ($) 2.65 2.76

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 344.16 341.80 358.77 371.18 384.20
Diluted EPS ($) 0.68 0.67 0.60 0.72 0.77

Past Performance:
First Republic Bank has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]