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About The Company

CEO

Mr. Michael J. Roffler

Market Cap

653.63 Million USD

Sector

Financial Services

Website

https://www.firstrepublic.com

Last Update

2/22/2024, 12:00:00 PM

Description

First Republic Bank, together with its subsidiaries, provides private banking, private business banking, and private wealth management services to clients in metropolitan areas in the United States.

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Overview

Value

86

Growth

43

Health

51

Management

6

Analyst Opinion

74

Total

52

All Scores Out Of 100

Best Features

  • Has a low level of debt
  • Price-to-earnings ratio of 1.0 is lower than the market average (19.6x)
  • Has a margin-of-safety above fair value
  • Liked by analysts
  • Has strong dividend growth
  • Has high dividend yeild
  • Low preportion of income is paid as dividend

Risk Factors

  • Earnings have declined recently
  • There is a history of diluting shareholders
  • Altman-Z score suggests a risk of bankruptcy
  • Does not hold enough liquid assets to cover short term liabilities
  • Disliked by Twitter users
  • Very undervalued
  • Accounting anomalies: Growing revenues without a corresponding growth in cash flows.

Market Peers

FRC

Key Figures

PE Ratio (TTM)

0.98

Margin Of Safety (DCF)

799.69%

Revenue Growth (5 Year Average)

15.48%

Ratings Consensus

Buy

Share Buybacks

-2.80%

Dividend Yeild (TTM)

13.92%

Valuation

Value Score

86

  • Price-to-earnings ratio of 1.0 is lower than the market average (19.6x)
  • Margin-of-safety of 799.69% is better than the market average (17.95%)
  • Estimated intrinsic-value of 31.58 USD is higher than current price ( 3.51 USD)
  • Free-cashflow-yeild of 4.44% is worse than the market average (4.7%)

Desired Margin Of Safety

0%

Tip: Set your desired Margin Of Safety

Free Cash Flow Type

Annual Cashflow Growth

0%

Discount Rate

0%

Buy Target: < 41.6 USD

Current Price: 3.5 USD

How Does This Work?

Show Advanced Options

This calculator helps investors estimate the Intrinsic Value of a company based on the current value of future cash flows. To use the tool, simply input a desired Margin Of Safety, which is an additional discount applied to the present value of the expected future cash flows. The tool calculates the present value using a discount rate that reflects the risk and time value of money, and provides an estimated target price for the company based on the selected margin of safety. The calculator defaults to using 5 Year Free Cash Flow Growth % and a discount rate based on the US 10-year treasury bond coupon rate. Use our performance analyser to get a feel the impact this has on longterm investment returns and discover a margin of safety you are comfortable with. This can be a useful tool for investors looking to make informed decisions about whether to buy or sell shares of a particular company.

Price/Earnings

0.98x

Free Cashflow Yeild

4.44%

PE/Earnings Growth

0.14

Price/Book

Infinityx

Growth

Growth Score

43

  • 5 Year Average Revenue growth of 15.48% is higher than the market average (10.97%)
  • Revenue growth has slowed this year
  • 5 Year Average Earnings growth of 10.79% is lower than the market average (14.48%)
  • Earnings growth has slowed this year
  • 5 Year Average Free Cashflow growth of -0.56% is lower than the market average (12.35%)
  • Free Cashflow growth has slowed this year

Revenue Growth

15.48%

Earnings Growth

10.79%

Cashflow Growth

-0.56%

Health

Health Score

51

  • Altman-Z score suggests a risk of bankruptcy
  • Has a high level of debt
  • Assets do not cover liabilities
  • High financial leverage and base interest rate exposure
  • Requires debt for normal operation to be sustainable
  • Debt repayments significantly impact cashflow

Altman Z Score

0.00

Piostroski Score

5.00

Debt/Equity

0.88x

Current Assets/Liabilities

0.80x

Free Cashflow/Total Debt

0.00x

Debt/Capital

2.87x

Dividend

Secure Dividend Score

62

  • Dividend yeild of 13.92% is more than the market average (1.85%)
  • Dividend is likely safe
  • Long term dividend payout ratio of 19.68% is considered good
  • Payout ratio (TTM) of 13.89% is lower than the average (40%)
  • Dividends have shown growth over the last 5 years
  • Dividend growth has been accelerating recently
  • Spending a lower percentage of their income on dividends than last 5 years

Dividend Yeild

13.92%

Dividend Growth

19.40%

Payout Ratio (Earnings)

13.89%

Payout Ratio (Cashflow)

N/A

Management

Management Score

6

  • Has returned higher dividends when earnings have risen
  • Return-on-capital-employed of 1.61% is lower than the market average (10%)
  • Has issued new shares whilst share price is low
  • Has a history of diluting shareholders to finance activity
  • Return-on-equity of 8.88% is lower than the market average (15%)

Average Buybacks/Dilution

-2.80%

Recent Buybacks/Dilution

2.88%

5 Year Price Volitility

29.55%

Return On Assets

0.73%

Return On Capital Employed

1.61%

Return On Equity

8.88%

Return On Free Cashflow

N/A

Return On Investments

4.63%

Social Sentiment

Social Sentiment Score

0

Twitter Sentiment

N/A

Stocktwits Sentiment

N/A

Analysts

Analyst Opinion

74

  • Ratings consensus is Buy

SEC Filings

Find yearly (10-K), quaterly (10-Q) and disclosure (8-K) report here, on the Securities and Exchange Commission's EDGAR database. If reading through reports isn't your cup of tea, don't worry. We've made it easy for you by summarizing all the important bits.

Other Information

Company Name

First Republic Bank

Currency

USD

Beta

1.010726

Vol Avg

64633037

Ceo

Mr. Michael J. Roffler

Cik

0001132979

Cusip

33616C100

Exchange

New York Stock Exchange

Full Time Employees

7213

Industry

Banks—Regional

Sector

Financial Services

Ipo Date

2010-12-09

Address

111 Pine Street

City

San Francisco

State

CA

Country

US

Zip

94111

Phone

415 392 1400

Analysis Last Updated

2/22/2024, 12:00:00 PM

All financial data provided by FMP

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