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First Republic Bank Q2 Income Rises

(RTTNews) - First Republic Bank (FRC) announced earnings for its second quarter that climbed from last year.

The company's profit came in at $209.78 million, or $1.24 per share. This compares with $197.62 million, or $1.20 per share, in last year's second quarter.

Analysts had expected the company to earn $1.27 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

First Republic Bank earnings at a glance:

-Earnings (Q2): $209.78 Mln. vs. $197.62 Mln. last year.
-EPS (Q2): $1.24 vs. $1.20 last year.
-Analysts Estimate: $1.27
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