First Republic Bank Reports Strong Q2 Results Despite Uncertain Environment 
<p><a href='https://financialmodelingprep.com/financial-summary/FRC'>First Republic Bank (NYSE:FRC)</a> reported its Q2 results, with EPS of $2.16 coming in better than the Street estimate of $2.10. Revenue was $1.5 billion, slightly above the Street estimate of $1.47 billion.</p>
<p>The quarter was highlighted by robust loan growth, modest deposit growth, margin expansion, clean credit, and higher core expenses and provisions that were growth driven. </p>
<p>Loan originations were $22 billion, representing 31.1% year-over-year increase, driven primarily by single-family and multifamily. Loans increased to $151.5 billion (up 7.2% sequentially), with strength in the mortgage, CRE, and multifamily, while capital call lines balances declined a modest 2.2%.</p>

NYSE:FRC