First Republic Bank

FRCNYSEFinancial Services

$3.51

+$0.00(+0.00%)

Market Cap$653628718

P/E Ratio—

52W High$16.36

52W Low$0.265

Avg Volume64.6M

Open$6.59

Beta1.01

Net Income Financials Revenue

First Republic Bank (FRC) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

FRC · net income · updated Jun 8, 2026

Core profitability metrics

FRC · net income · margin · TTM · CAGR

Net income was $1.67B for FY2022 (fiscal year ending 2022-12-31), up 12.7% year-over-year. Net profit margin was 28.8%. Based on available data, First Republic Bank has been profitable since at least 2008.

FY2022 Net Income$1.67B▲ +12.7% YoY

Trailing 12M (TTM)$1.53Btrailing 4 quarters sum

Net Profit Margin28.8%$1.67B ÷ $5.77B

YoY Change+12.7%—

5-Year CAGR+17.1%FY2020 → FY2022

FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %★ First Profit: 2008

▸ FMP /income-statement · Annual · FRC net income history · FRC profit margin

Annual net income data

FRC · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2022$1.67B▲ +12.7%28.8%$5.77B

FY2021$1.48B▲ +38.9%29.8%$4.96B

FY2020$1.06B▲ +14.4%27.6%$3.85B

FY2019$930.3M▲ +9.0%28.6%$3.25B

FY2018$853.8M▲ +12.7%23.8%$3.58B

Net income vs peers (Financial Services)

FRC vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

First Republic BankYOU

FRC

$1.67B+12.7%28.8%

Berkshire Hathaway Inc.

BRK-B

$66.97B-24.8%18.0%

100%

Berkshire Hathaway Inc.

Mastercard Incorporated

$14.97B+16.3%45.6%

22%

Financial Services · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

First Republic Bank (FRC) reported net income of $1.67B for FY2022 (fiscal year ending 2022-12-31), up 12.7% year-over-year. The net profit margin was 28.8% — meaning the company kept $0.29 of every dollar of revenue as profit.

Based on available data, First Republic Bank has been profitable since at least 2008. Net income reached a peak of $1.67B in FY2022. Data available for 15 fiscal years.

First Republic Bank's net profit margin was 28.8% for FY2022, based on the latest annual results.

Investors sometimes search for "First Republic Bank net worth" — the company's market capitalization is a separate figure from FRC net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

FRC net income · 5 questions

First Republic Bank is profitable. The company reported net income of $1.67B for FY2022, a net profit margin of 28.8%. Net income was up 12.7% year-over-year. Based on available data, First Republic Bank has been profitable since at least 2008.

is FRC profitabledoes FRC make a profitFRC profitabilityFRC profitable company

▸ Source: FMP /income-statement · GAAP · First Republic Bank · First Republic Bank SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026