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First Republic Bank (NYSE: FRC) – Is this large market cap stock undervalued?

First Republic Bank (NYSE: FRC), is firmly in the large market cap category with market cap of 11701.01. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for First Republic Bank is 78.09 (with a change from open of 0.24%), this in conjunction with a target price of 76.47. Volume today has so far reached 614600, with an average volume of about 700.21. The GAP for this stock, is 0.33%.

The P/E ratio is 21.96, bringing the forward P/E to a value of 17.7. The current EPS for First Republic Bank, is 3.56, with a EPS growth for this year coming to a value of 3.70%. Performance has been interesting with performance year to date coming to 19.02%.

Looking further into the growth statistics for First Republic Bank, EPS is looking like it will grow 12.95% in the next year. Looking even further it is projected to be 13.00%. Quarter over quarter is 20.40% for EPS growth and for sales growth quarter over quarter it is 16.40%. Looking at past EPS growth statistics we see that for the past five years it has been 8.30%. Sales growth for the past five years has in fact been 9.50%.

Looking at the ownership, we see that the insider ownership is at 0.91% and institutional ownership is 98.80%. Shares outstanding is 149.84, while shares float is at a value of 148.64. Float short for First Republic Bank is 2.04% and the short ratio is 4.33.

In terms of debt, long term debt/equity is 0.08, while the total debt/equity comes to 0.08. The ability to meet these debts, means that the current ratio is *TBA, and the quick ratio is *TBA. The most recent gross margin is *TBA and their operating margin is 89.40%. The profit margin is 29.50%.

First Republic Bank has seen returns on assets of 0.90%, and on investment, 25.10%. Return on equity is 11.10%. Price/Earnings to growth ratio is 1.69. Price/Sales ratio is at a value of 6.48, with Price/book ratio coming to 2.22 and Price/cash is 4.46, and finally Price/Free cash Flow is 29.66.

The simple moving averages are 5.34% and 13.96% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -0.59% and the 52 week low is 39.28%.

First Republic Bank has a dividend yield of 0.82%, with a current price of 78.09. The ability to pay this means the payout ratio is 16.60%. This is in an industry, Money Center Banks, with equally high dividends from other companies in this sector, which it is Financial. First Republic Bank is based in USA.

Performance in the Money Center Banks industry means that First Republic Bank has seen performance for the past week of 1.15%, with performance for the month coming to 3.20%. Looking at the data for the quarter it is at a value of 13.77%, and for the half year the performance is 27.58%. Volatility for this week is 1.27% and for the month this is 1.73%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Mark Hines

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