First Republic Bank (FRC) — Financial statements
Income statement, balance sheet, and cash flow for First Republic Bank — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 5,773↑16.4% | 4,960↑28.7% | 3,853↑18.4% | 3,254↓9.2% | 3,582 | |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 614 | |
| Gross Profit | 5,773↑16.4% | 4,960↑28.7% | 3,853↑18.4% | 3,254↑9.7% | 2,967 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 2,367↑12.6% | 2,103↑34.8% | 1,560↑18.1% | 1,321↑11.1% | 1,189 | |
| Selling & Marketing Expenses | 71↑10.9% | 64↑48.4% | 43↓34.6% | 66↑9.1% | 60 | |
| SG&A Expenses | 2,438↑12.5% | 2,167↑35.2% | 1,603↑15.6% | 1,387↑11.0% | 1,249 | |
| Other Expenses | -5,182↑2.2% | -5,299↓28.5% | -4,123↓17.5% | -3,508↓510.6% | -574 | |
| Operating Expenses | -2,744↑12.4% | -3,132↓24.3% | -2,519↓18.8% | -2,121↓469.2% | 574 | |
| Total Costs & Expenses | -2,744↑12.4% | -3,132↓24.3% | -2,519↓18.8% | -2,121↓184.0% | 2,525 | |
| Operating Results | ||||||
| Operating Income | 3,029↑65.7% | 1,828↑37.0% | 1,334↑17.7% | 1,133↓28.4% | 1,582 | |
| Depreciation & Amortization | 192↑4.3% | 184↑10.8% | 166↑20.7% | 138↑20.4% | 114 | |
| EBITDA | 3,221↑60.1% | 2,012↑34.1% | 1,500↑18.4% | 1,267↑9.8% | 1,154 | |
| EBIT | 2,141↑17.1% | 1,828↑37.0% | 1,334↑18.1% | 1,130↑6.9% | 1,057 | |
| Interest & Other Income | ||||||
| Net Interest Income | 4,834↑17.5% | 4,114↑26.1% | 3,263↑18.0% | 2,764↑10.5% | 2,501 | |
| Interest Income | 5,722↑30.5% | 4,385↑13.8% | 3,853↑7.6% | 3,579↑18.1% | 3,032 | |
| Interest Expense | 888↑227.7% | 271↓54.1% | 590↓27.6% | 815↑53.7% | 530 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 525 | |
| Other Income / Expenses | 0.00↑100.0% | -6,264↓24.3% | -5,039↓146744.5% | 3↑100.6% | -530 | |
| Income Before Tax | 2,141↑17.1% | 1,828↑37.0% | 1,334↑17.7% | 1,133↑7.7% | 1,052 | |
| Income Tax Expense | 476↑36.0% | 350↑29.7% | 270↑33.0% | 203↑2.5% | 198 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,665↑12.7% | 1,478↑38.9% | 1,064↑14.4% | 930↑9.0% | 854 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 1,665↑12.7% | 1,478↑38.9% | 1,064↑14.4% | 930↑9.0% | 854 | |
| Bottom-Line Net Income | 1,507↑9.3% | 1,379↑37.2% | 1,005↑14.1% | 881↑10.7% | 796 | |
| EPS (Basic) | 8.32↑6.9% | 7.78↑33.0% | 5.85↑11.4% | 5.25↑0.2% | 5.24 | |
| EPS (Diluted) | 8.25↑7.4% | 7.68↑32.2% | 5.81↑11.7% | 5.20↑0.8% | 5.16 | |
| Weighted Average Shares | 181↑2.3% | 177↑2.9% | 172↑2.4% | 168↑3.1% | 163 | |
| Weighted Average Diluted Shares | 183↑1.7% | 180↑4.0% | 173↑1.8% | 170↑2.6% | 166 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.