First Republic Bank (FRCB) fair value: what the stock is really worth
As of Sep 30, 2026: fair value of First Republic Bank $0.00, price $0.00, upside +0.6%, quality 32 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 4, 2026.
How to read this chart
60‑month range $0.0003 – $219.90 · fair‑value band $0.0005 – $0.0005 · the $0.0005 price screens below the $0.0005 fair value. Dashed = 300-day average. As of Oct 4, 2026.
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As of May 1, 2023, First Republic Bank went out of business. Previously, First Republic Bank provided private banking, private business banking, and private wealth management services to clients in metropolitan areas in the United States. The company was founded in 1985 and was headquartered in San Francisco, California.
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As of May 1, 2023, First Republic Bank went out of business. Previously, First Republic Bank provided private banking, private business banking, and private wealth management services to clients in metropolitan areas in the United States. The company was founded in 1985 and was headquartered in San Francisco, California. First Republic Bank now trades on OTCPK.
Stock analysis
First Republic Bank (FRCB) currently trades at $0.0005, while our model-based Fair Value estimate is $0.0005, so the stock looks roughly fairly valued today (gap 0.6%).
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Valuation
How firm this estimate is: it rests on 23 models at a data quality of 88/100, which puts the evidence level at low.
Scenario range: $0.0005 (bear) to $0.0005 (bull), the price of $0.0005 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 32/100 (below-average quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
First Republic Bank reported revenue of $6.7B in FY2022 versus $3.5B in FY2018, a compound +17.5%/yr. Reported net income was $1.7B in FY2022, compounding +18.2%/yr from FY2018.
Key figures
Market cap $149K · P/E ratio 0.0 · EPS (TTM) $1.66 · Net margin 25.0% · Return on equity 9.0% · Return on assets (EBIT) 1.0% · Operating margin 34.5% · Revenue (TTM) $5.6B.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (medium confidence).
What moves the price
The share trades about 95% below its 52-week high and 67% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −36% fair-value upside, at 1%, FRCB screens cheaper than that median.
Fair Value models
Bear $0.0005Fair Value $0.0005Bull $0.0005
Price $0.0005 · Upside +0.6%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.64/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+27.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+17.9%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+18.5%
Revenue growth 29 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+37.9%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+14.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+14.3%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.14.3% vs 11.7%, steady
Profit margin 2017 to 2022 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.32% → 32%
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 1059 stocks
Beats the industry median on 4/10 measures
A mixed picture versus its industry peers.
Valuation
Quality Score32 · Bottom 25%
Fair Value upside+0.6% · Above median
Profitability
Return on equity (TTM)9.0% · Below median
Return on assets0.7% · Below median
Net margin (TTM)27.6% · Below median
Operating margin (TTM)34.5% · Below median
Growth and dividend
Revenue growth−13.9% · Bottom 25%
Balance sheet
Debt / equity0.07× · Lowest 25%
Valuation Multiplesvs Banks - Regional median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "First Republic Bank Fair Value". https://www.fairvalue-calculator.com/stock/FRCB
Frequently asked questions
Is First Republic Bank (FRCB) overvalued or undervalued?
As of Oct 4, 2026, our model estimates a fair value of $0.0005 versus a price of $0.0005, about +1% upside (fairly valued).
What is the fair value of FRCB?
Our model-based fair value for First Republic Bank is $0.0005 (as of Oct 4, 2026), built from audited fundamentals. The current price: $0.0005.
What is the quality score of FRCB?
First Republic Bank has a Quality Score of 32/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for First Republic Bank (FRCB)?
Our model-based price target is the fair value of $0.0005 (as of Oct 4, 2026) from 4 valuation models. Cautious scenario $0.0005, optimistic scenario $0.0005. It is a calculation from audited fundamentals, not an analyst target.
What is the First Republic Bank stock forecast for 2026?
Our models put fair value at $0.0005, about +1% upside versus a price of $0.0005 (fairly valued). Cautious scenario $0.0005, optimistic scenario $0.0005. The calculation is refreshed regularly with new filings.
What is the revenue of First Republic Bank (FRCB)?
First Republic Bank reported trailing-twelve-month revenue of about $5.6B (latest available figure, as of Oct 4, 2026).
What is the intrinsic value of First Republic Bank (FRCB)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For First Republic Bank it is $0.0005 per share (as of Oct 4, 2026), against a price of $0.0005. It is the blended result of 4 valuation models (cash flow, earnings, asset, dividend).
Is First Republic Bank stock overvalued or undervalued in 2026?
As of Oct 4, 2026, FRCB trades below its calculated fair value: price $0.0005, fair value $0.0005, a gap of about +1% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of FRCB?
No. The price is what the market pays today ($0.0005); the fair value is what the company's own numbers justify ($0.0005). For First Republic Bank the two are $0.0000 per share apart. That gap is exactly why we show both numbers side by side.
How much is First Republic Bank worth?
The market values First Republic Bank at about $149K (market capitalisation, as of Oct 4, 2026). Per share that is $0.0005; our models calculate a fair value of $0.0005 per share.
What do the bullish and bearish scenarios say about FRCB?
Our models span a range for First Republic Bank: cautious scenario $0.0005, base $0.0005, optimistic $0.0005 per share (as of Oct 4, 2026, price $0.0005). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of FRCB?
First Republic Bank trades at a price-to-earnings ratio of 0.0 (as of Oct 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $0.0005 is built from several models across several years. Other multiples: PEG 1.1.
What is the PEG ratio of FRCB?
The PEG ratio of First Republic Bank is 1.05 (P/E divided by earnings growth, as of Oct 4, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of First Republic Bank (FRCB)?
Balance-sheet figures for First Republic Bank (as of Oct 4, 2026): return on equity 9.0%, debt of 0.07 per unit of equity. They feed the Quality Score of 32/100, which measures business quality independently of the share price.
How far is FRCB from its 52-week high?
First Republic Bank trades at $0.0005, about 95% below its 52-week high of $0.0100 and 67% above the low of $0.0003 (as of Sep 30, 2026). Distance from the high says nothing about value: that is what the fair value of $0.0005 is for.
Which stocks are comparable to First Republic Bank?
From the same area (Financial Services) we also value DBS Group, China Merchants Bank Co, UniCredit S.p.A, Mizuho Financial Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is First Republic Bank stock attractive at the current price?
The data as of Oct 4, 2026: price $0.0005, calculated fair value $0.0005 (+1%), Quality Score 32/100, from 4 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of FRCB calculated?
We run First Republic Bank through 4 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $0.0005, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.0 % above its aggregate fair value. First Republic Bank currently trades 1 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of First Republic Bank (FRCB)?
The closing price on Sep 30, 2026 was $0.0005. Our model-based fair value is $0.0005, about +1% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with First Republic Bank right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. The models converge in a tight band ($0.0005 to $0.0005), unusually little disagreement for a valuation. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of First Republic Bank (FRCB) come from?
Earnings per share at First Republic Bank grew +11.2 % a year from 2011 to 2022. Broken into its drivers: revenue per share +13.4 %, EBIT margin −6.1 %, tax rate +1.7 %, residual (interest, one-offs) +2.6 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of First Republic Bank
How large is the market capitalisation of First Republic Bank (FRCB)?
The market capitalisation of First Republic Bank is $149K. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What are the earnings per share of First Republic Bank (FRCB)?
Earnings per share at First Republic Bank are $1.66 (price ÷ EPS = P/E 0.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of First Republic Bank (FRCB)?
The net margin of First Republic Bank is 25.0% (fiscal year 2022). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of First Republic Bank (FRCB)?
The return on equity (ROE) of First Republic Bank is 9.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of First Republic Bank (FRCB)?
On an EBIT basis the return on assets of First Republic Bank is 1.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of First Republic Bank (FRCB)?
The operating margin of First Republic Bank is 34.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at First Republic Bank (FRCB)?
Revenue at First Republic Bank is growing −13.9% versus a year earlier (3y avg +17.9%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at First Republic Bank (FRCB)?
Earnings per share at First Republic Bank are growing −38.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does First Republic Bank (FRCB) generate?
The free cash flow of First Republic Bank is $55.0M (fiscal year 2022). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does First Republic Bank (FRCB) carry?
The net debt of First Republic Bank is $11.0B (fiscal year 2022). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Oct 4, 2026