EFTA01466222Set 10
2013-10-153p800w
Company
First Republic Bank
Alert
Reuters
Bloomberg
FRC.N FRC UN
Exchange
NYS
Ticker
FRC
Core NIM Upside in FY14, Growth
Normalizing But Still Strong
Reiterate ... lower than expected expenses
and tax rate, which more than offset a lower expected core NIM and mortgage
banking. While FRC expects asset growth to slow to a rate more ... driver of core NII gr. with
the
backdrop of a generally stable-to-expanding core NIM in FY14. With the
variability of mortgage banking largely removed from core EPS trends
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01466222.pdf