Financials in USD. Standardized financial statements.
A compact view of how First Republic Bank turns revenue into operating income and net income.
| Metric | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $5.77B | $4.96B | $3.85B | $3.25B | $3.58B | $2.91B | $2.38B | $1.99B | $1.65B | $1.47B |
| Revenue Growth? | +16.4% | +28.7% | +18.4% | -9.2% | +23.0% | +22.6% | +19.4% | +20.6% | +12.3% | 0.0% |
| Cost of Revenue? | $0 | $0 | $0 | $0 | $614.39M | $358.93M | $207.13M | $180.16M | $0 | $0 |
| Gross Profit? | $5.77B | $4.96B | $3.85B | $3.25B | $2.97B | $2.55B | $2.17B | $1.81B | $1.65B | $1.47B |
| Gross Margin? | +100.0% | +100.0% | +100.0% | +100.0% | +82.8% | +87.7% | +91.3% | +90.9% | +100.0% | +100.0% |
| Operating Expenses? | -$2.74B | -$3.13B | -$2.52B | -$2.12B | $574.48M | $516.21M | $454.42M | $392.16M | -$826.98M | -$804.97M |
| Operating Income? | $3.03B | $1.83B | $1.33B | $1.13B | $1.58B | $1.21B | $991.31M | $838.10M | $822.13M | $663.56M |
| EBITDA? | $3.22B | $2.01B | $1.50B | $1.27B | $1.15B | $988.50M | $877.80M | $757.83M | $735.43M | $725.41M |
| Income Before Tax | $2.14B | $1.83B | $1.33B | $1.13B | $1.05B | $912.20M | $827.60M | $690.67M | $669.88M | $663.56M |
| Income Tax Expense | $476.00M | $350.00M | $269.81M | $202.91M | $197.91M | $154.54M | $154.17M | $168.52M | $182.88M | $201.49M |
| Net Income? | $1.67B | $1.48B | $1.06B | $930.33M | $853.83M | $757.66M | $673.43M | $522.14M | $487.01M | $462.07M |
| EPS? | $8.32 | $7.78 | $5.85 | $5.25 | $5.24 | $4.81 | $4.53 | $3.69 | $3.57 | $3.52 |
| Diluted EPS? | $8.25 | $7.68 | $5.81 | $5.20 | $5.16 | $4.67 | $4.37 | $3.59 | $3.47 | $3.40 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality