How to buy First Republic Bank (FRC) shares in Australia

Learn how to easily invest in First Republic Bank shares.

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First Republic Bank (FRC) is a leading banks-regional business with stocks listed in the US. It opened the day at US$211.79 after a previous close of US$209.77. During the day the price has varied from a low of USD207.84 to a high of USD212.32. The latest price was USD208.66 (25 minute delay). First Republic Bank is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in First Republic Bank

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for First Republic Bank. Find the share by name or ticker symbol: FRC. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until First Republic Bank reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$209.77, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of First Republic Bank, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of First Republic Bank. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

First Republic Bank stock price (NYSE:FRC)

Use our graph to track the performance of FRC stocks over time.

First Republic Bank shares at a glance

Information last updated 2021-12-10.
OpenUS$211.79
HighUS$212.32
LowUS$207.84
CloseUS$208.66
Previous closeUS$209.77
Change US$-1.11
Change % -0.5292%
Volume 993,018
Information last updated 2022-01-16.
52-week rangeUS$143.1185 - US$222.86
50-day moving average US$209.6746
200-day moving average US$197.5524
Target priceUS$225.1
PE ratio 26.4436
Dividend yield US$0.86 (0.46%)
Earnings per share (TTM) US$7.263

Where to buy First Republic Bank stock

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
Zero brokerage share trading on US, Hong Kong and European stocks with trades as low as $50.
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the world’s biggest social trading network when you trade stocks, commodities and currencies from the one account.
IG Share Trading
US$0
0.70%
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares, ETFs
Earn up to 15,000 Qantas frequent flyer points when you transfer an exisiting balance or trade. Offer valid for all new and existing Superhero members until 28 February.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
SelfWealth (Basic account)
US$9.5
0.60%
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy First Republic Bank stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

First Republic Bank share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

First Republic Bank price performance over time

Historical closes compared with the last close of $208.66

1 week (2022-01-11) 1.66%
1 month (2021-12-17) 4.68%
3 months (2021-10-18) -0.03%
6 months (2021-07-16) 6.72%
1 year (2021-01-15) 35.75%
2 years (2020-01-17) 76.56%
3 years (2019-01-18) 117.31%
5 years (2017-01-18) 126.48%

Is First Republic Bank under- or over-valued?

Valuing First Republic Bank stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of First Republic Bank's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

First Republic Bank's P/E ratio

First Republic Bank's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 26x. In other words, First Republic Bank shares trade at around 26x recent earnings.

That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).

First Republic Bank's PEG ratio

First Republic Bank's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.4583. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into First Republic Bank's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

First Republic Bank financials

Revenue TTM US$4.7 billion
Operating margin TTM 38.59%
Gross profit TTM US$3.8 billion
Return on assets TTM 0.9%
Return on equity TTM 10.5%
Profit margin 29.36%
Book value 66.436
Market capitalisation US$34.4 billion

TTM: trailing 12 months

First Republic Bank's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like First Republic Bank.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

First Republic Bank's total ESG risk score

Total ESG risk: 28.56

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and First Republic Bank's overall score of 28.56 (as at 12/31/2018) is nothing to write home about – landing it in it in the 41st percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like First Republic Bank is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

First Republic Bank's environmental score

Environmental score: 8.41/100

First Republic Bank's environmental score of 8.41 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that First Republic Bank is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

First Republic Bank's social score

Social score: 14.96/100

First Republic Bank's social score of 14.96 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that First Republic Bank is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

First Republic Bank's governance score

Governance score: 14.19/100

First Republic Bank's governance score puts it squarely in the 7th percentile of companies rated in the same sector. That could suggest that First Republic Bank is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

First Republic Bank's controversy score

Controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. First Republic Bank scored a 1 out of 5 for controversy – the highest score possible, reflecting that First Republic Bank has managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

First Republic Bank was last rated for ESG on: 2019-01-01.

Total ESG score 28.56
Total ESG percentile 41.14
Environmental score 8.41
Environmental score percentile 7
Social score 14.96
Social score percentile 7
Governance score 14.19
Governance score percentile 7
Level of controversy 1

First Republic Bank share dividends

12%

Dividend payout ratio: 12.14% of net profits

Recently First Republic Bank has paid out, on average, around 12.14% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.46% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), First Republic Bank shareholders could enjoy a 0.46% return on their shares, in the form of dividend payments. In First Republic Bank's case, that would currently equate to about $0.86 per share.

While First Republic Bank's payout ratio might seem low, this can signify that First Republic Bank is investing more in its future growth.

First Republic Bank's most recent dividend payout was on 11 November 2021. The latest dividend was paid out to all shareholders who bought their shares by 26 October 2021 (the "ex-dividend date").

First Republic Bank share price volatility

Over the last 12 months, First Republic Bank's shares have ranged in value from as little as US$143.1185 up to US$222.86. A popular way to gauge a stock's volatility is its "beta".

FRC.US volatility(beta: 1.09)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while First Republic Bank's is 1.0912. This would suggest that First Republic Bank's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

First Republic Bank overview

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. It operates through two segments, Commercial Banking and Wealth Management. The company accepts deposit products, such as checking, money market checking, savings, passbook deposits, and individual retirement accounts, as well as certificates of deposit. It also offers a range of lending products that comprise residential mortgage loans, home equity lines of credit, multifamily loans, commercial real estate and construction loans, personal and business loans, single family construction loans, and other loans and lines of credit to businesses and individuals. The company's loans are secured by single family residences, multifamily buildings, and commercial real estate properties. In addition, it provides wealth management services, which include various investment strategies and products, online investment management services, trust and custody services, full service and online brokerage, financial and estate planning, and access to alternative investments, as well as investing, insurance, and foreign exchange services; and treasury services. Additionally, the company offers online and mobile banking services; refinancing services; and ATM and debit cards. As of December 31, 2020, the company offered its services through 92 offices, including 80 licensed deposit-taking offices in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach, and San Diego, California; Portland, Oregon; Boston, Massachusetts; Palm Beach, Florida; Greenwich, Connecticut; New York, New York; and Jackson, Wyoming, as well as 12 additional offices that provided lending, wealth management, and trust services. First Republic Bank was founded in 1985 and is headquartered in San Francisco, California.

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