First Republic Bank Announces Consolidated Earnings Results for Fourth Quarter and Full Year Ended December 31, 2018
January 15, 2019 at 01:00 pm
First Republic Bank announced consolidated earnings results for fourth quarter and full year ended December 31, 2018. For the quarter, the company reported net interest income of $667,203,000 against $568,861,000 a year ago. Net income was $231,418,000 against $194,277,000 a year ago. Basic earnings per common share were $1.31 against $1.12 a year ago. Diluted earnings per common share were $1.29 against $1.10 a year ago.
For the year, the company reported net interest income of $2,501,108,000 against $2,151,463,000 a year ago. Net income was $853,828,000 against $757,660,000 a year ago. Basic earnings per common share were $4.89 against $4.44 a year ago. Diluted earnings per common share were $4.81 against $4.31 a year ago.