) pushed the Banking industry lower today making it today's featured Banking loser. The industry as a whole closed the day up 1.2%. By the end of trading, First Republic Bank (San Francisco CA fell 35 cents (-1.1%) to $32.35 on heavy volume. Throughout the day, 1.9 million shares of First Republic Bank (San Francisco CA exchanged hands as compared to its average daily volume of 884,800 shares. The stock ranged in price between $32.32-$32.91 after having opened the day at $32.82 as compared to the previous trading day's close of $32.70. Other company's within the Banking industry that declined today were:
), down 16.3%,
), down 14.6%,
), down 12.1%, and
), down 11.5%.
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First Republic Bank, together with its subsidiaries, provides personalized relationship-based preferred banking and business banking, real estate lending, trust, and wealth management services to clients in metropolitan areas of the United States. First Republic Bank (San Francisco CA has a market cap of $4.32 billion and is part of the
sector. The company has a P/E ratio of 18.8, above the average banking industry P/E ratio of 12.5 and above the S&P 500 P/E ratio of 17.7. Shares are up 8.3% year to date as of the close of trading on Thursday. Currently there are six analysts that rate First Republic Bank (San Francisco CA a buy, no analysts rate it a sell, and six rate it a hold.
TheStreet Ratings rates First Republic Bank (San Francisco CA as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and increase in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow.
- You can view the full First Republic Bank (San Francisco CA Ratings Report.
On the positive front,
), up 25.3%,
), up 19.7%,
), up 15.3%, and
), up 14.8%, were all gainers within the banking industry with
) being today's featured banking industry winner.
- Use our banking section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider
) while those bearish on the banking industry could consider
- Find other investment ideas from our top rated ETFs lists.