First Republic Bank (San Francisco CA Reaches New 52-Week High (FRC)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- First Republic Bank (San Francisco CA (NYSE: FRC) hit a new 52-week high Tuesday as it is currently trading at $39.04, above its previous 52-week high of $38.75 with 161,754 shares traded as of 9:41 a.m. ET. Average volume has been 794,100 shares over the past 30 days.

First Republic Bank (San Francisco CA has a market cap of $4.88 billion and is part of the financial sector and banking industry. Shares are up 15.3% year to date as of the close of trading on Monday.

First Republic Bank, together with its subsidiaries, provides personalized, relationship-based preferred banking, business banking, real estate lending, trust, and wealth management services to clients in metropolitan areas of the United States. The company has a P/E ratio of 17.4, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates First Republic Bank (San Francisco CA as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full First Republic Bank (San Francisco CA Ratings Report.

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