First Republic Bank
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. First Republic Bank's past years’ income statements indicate that its last revenue has increased compared to the previous period by 16% to $5,773,000,000. The net income raised on $1,665,000,000 and profit margin reached 29%. Total operating expenses were -$2,744,000,000.

Profit Margin

First Republic Bank (NYSE:FRC): Profit margin
2013 1.46B 462.07M 31.46%
2014 1.64B 487.00M 29.53%
2015 1.98B 522.14M 26.25%
2016 2.37B 673.42M 28.35%
2017 2.91B 757.66M 26.02%
2018 3.58B 853.82M 23.84%
2019 3.25B 930.32M 28.59%
2020 3.85B 1.06B 27.62%
2021 4.96B 1.47B 29.8%
2022 5.77B 1.66B 28.84%

FRC Income Statement (2013 – 2022)

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue
Revenue
5.77B4.96B3.85B3.25B3.58B2.91B2.37B1.98B1.64B1.46B
Cost of revenue
0000614.38M358.93M207.12M180.15M00
Gross profit
5.77B4.96B3.85B3.25B2.96B2.55B2.16B1.80B1.64B1.46B
Operating exp.
Research and development
0000000000
Selling and marketing
71M64M43.13M65.96M60.46M48.39M32.78M25.56M25.70M25.45M
Total operating expenses
-2.74B-3.13B-2.51B-2.12B574.48M516.21M454.42M392.16M-826.98M-804.96M
Operating income
3.02B1.82B1.33B1.13B1.58B1.21B991.30M838.09M822.13M663.55M
Other income (expenses), net
-888M1.82B-5.03B1.13B1.05B-300.15M827.59M-147.42M-152.24M0
Income before tax
2.14B1.82B1.33B1.13B1.05B912.20M827.59M690.66M669.88M663.55M
Income tax expense
476M350M269.81M202.90M197.91M154.54M154.16M168.52M182.87M201.48M
Net income
1.66B1.47B1.06B930.32M853.82M757.66M673.42M522.14M487.00M462.07M
Earnings per share
Basic EPS
8.327.785.855.255.244.814.533.693.573.52
Diluted EPS
8.257.685.815.25.164.674.373.593.473.4