First Republic Bank ^FRCB

Finances

	2022	2021	2020	2019	2018	2017	2016
Revenue	6.759 B ^{29.21 %}	5.231 B ^{16.10 %}	4.506 B ^{8.51 %}	4.152 B ^{15.93 %}	3.582 B ^{23.00 %}	2.912 B ^{22.58 %}	2.376 B
Net income	1.665 B ^{12.65 %}	1.478 B ^{38.91 %}	1.064 B ^{14.41 %}	930.000 M ^{8.92 %}	853.828 M ^{12.69 %}	757.660 M ^{12.51 %}	673.428 M
Income before tax	2.141 B ^{17.12 %}	1.828 B ^{37.04 %}	1.334 B ^{17.71 %}	1.133 B ^{7.75 %}	1.052 B ^{15.30 %}	912.202 M ^{10.22 %}	827.596 M
Income before tax ratio	0.32 ^{-9.36 %}	0.35 ^{18.03 %}	0.30 ^{8.48 %}	0.27 ^{-7.06 %}	0.29 ^{-6.26 %}	0.31 ^{-10.08 %}	0.35
EBITDA	2.333 B ^{15.95 %}	2.012 B ^{15 438.87 %}	-13.117 M ^{51.60 %}	-27.100 M ^{-56.08 %}	-17.363 M ^{-10.92 %}	-15.654 M ^{-164.34 %}	-5.922 M
Net income ratio	0.25 ^{-12.81 %}	0.28 ^{19.65 %}	0.24 ^{5.44 %}	0.22 ^{-6.04 %}	0.24 ^{-8.38 %}	0.26 ^{-8.22 %}	0.28
Ratio EBITDA	0.35 ^{-10.26 %}	0.38 ^{13 312.06 %}	0.00 ^{55.39 %}	-0.01 ^{-34.63 %}	0.00 ^{9.82 %}	-0.01 ^{-115.65 %}	0.00
Gross profit ratio	0.84 ^{-10.53 %}	0.94 ^{14.17 %}	0.82 ^{-17.90 %}	1.00 ^{0.00 %}	1.00 ^{0.00 %}	1.00 ^{0.00 %}	1.00
Weighted average shs out dil	183.000 M ^{1.67 %}	180.000 M ^{4.01 %}	173.053 M ^{2.07 %}	169.551 M ^{2.38 %}	165.612 M ^{2.02 %}	162.340 M ^{5.35 %}	154.095 M
Weighted average shs out	181.000 M ^{2.26 %}	177.000 M ^{2.95 %}	171.933 M ^{2.40 %}	167.908 M ^{3.04 %}	162.948 M ^{3.38 %}	157.624 M ^{5.96 %}	148.752 M
EPS diluted	8.23 ^{7.44 %}	7.66 ^{31.84 %}	5.81 ^{11.73 %}	5.20 ^{0.78 %}	5.16 ^{10.49 %}	4.67 ^{6.86 %}	4.37
Earnings per share	8.33 ^{6.93 %}	7.79 ^{33.16 %}	5.85 ^{11.43 %}	5.25 ^{0.19 %}	5.24 ^{8.94 %}	4.81 ^{6.18 %}	4.53
Gross profit	5.668 B ^{15.60 %}	4.903 B ^{32.55 %}	3.699 B ^{-10.92 %}	4.152 B ^{15.93 %}	3.582 B ^{23.00 %}	2.912 B ^{22.58 %}	2.376 B
Income tax expense	476.000 M ^{36.00 %}	350.000 M ^{29.72 %}	269.814 M ^{32.97 %}	202.907 M ^{2.52 %}	197.914 M ^{28.06 %}	154.542 M ^{0.24 %}	154.168 M
Cost of revenue	993.000 M ^{202.74 %}	328.000 M ^{-56.03 %}	746.000 M	0.000	0.000	0.000	0.000
General and administrative expenses	2.367 B ^{12.55 %}	2.103 B ^{34.29 %}	1.566 B ^{18.55 %}	1.321 B	0.000	0.000	0.000
Selling and marketing expenses	71.000 M ^{10.94 %}	64.000 M ^{48.84 %}	43.000 M ^{-34.85 %}	66.000 M	0.000	0.000	0.000
Other expenses	1.089 B ^{19.93 %}	908.000 M ^{20.11 %}	756.000 M ^{197.20 %}	-777.769 M ^{-35.39 %}	-574.480 M ^{-11.29 %}	-516.212 M ^{-13.60 %}	-454.422 M
Operating expenses	3.527 B ^{14.70 %}	3.075 B ^{30.02 %}	2.365 B ^{288.19 %}	609.231 M ^{6.05 %}	574.480 M ^{11.29 %}	516.212 M ^{13.60 %}	454.422 M
Cost and expenses	4.520 B ^{32.82 %}	3.403 B ^{7.29 %}	3.172 B ^{4.93 %}	3.023 B ^{19.71 %}	2.525 B ^{26.25 %}	2.000 B ^{29.18 %}	1.548 B
Research and development expenses	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Selling general and administrative expenses	2.438 B ^{12.51 %}	2.167 B ^{34.68 %}	1.609 B ^{16.01 %}	1.387 B	0.000	0.000	0.000
Interest income	5.722 B ^{30.49 %}	4.385 B ^{13.81 %}	3.853 B ^{7.66 %}	3.579 B ^{18.06 %}	3.032 B ^{23.66 %}	2.452 B ^{23.76 %}	1.981 B
Interest expense	888.000 M ^{227.68 %}	271.000 M ^{-54.15 %}	591.000 M ^{-27.48 %}	815.000 M ^{238.94 %}	240.458 M ^{45.41 %}	165.369 M ^{83.85 %}	89.946 M
Depreciation and amortization	192.000 M ^{4.35 %}	184.000 M ^{20.35 %}	152.883 M ^{37.86 %}	110.900 M ^{14.33 %}	97.000 M ^{27.13 %}	76.300 M ^{51.99 %}	50.200 M
Operating income	2.141 B ^{17.12 %}	1.828 B ^{37.03 %}	1.334 B	0.000	0.000	0.000	0.000
Operating income ratio	0.32 ^{-9.36 %}	0.35 ^{18.03 %}	0.30	0.00	0.00	0.00	0.00
Total other income expenses net	0.000	0.000	0.000 ^{-100.00 %}	3.436 M ^{166.05 %}	-5.202 M ^{98.67 %}	-392.109 M ^{-78.37 %}	-219.833 M
	2022	2021	2020	2019	2018	2017	2016

	2022	2021	2020	2019	2018	2017	2016
Net debt	12.548 B ^{306.89 %}	-6.065 B ^{-164.32 %}	9.430 B ^{-29.56 %}	13.388 B ^{0.77 %}	13.285 B ^{7.41 %}	12.369 B ^{38.68 %}	8.919 B
Total investments	199.281 B ^{23.61 %}	161.220 B ^{22.42 %}	131.695 B ^{30 382.41 %}	432.036 M ^{4.39 %}	413.880 M ^{5.28 %}	393.117 M ^{-33.13 %}	587.924 M
Total debt	16.831 B ^{144.57 %}	6.882 B ^{-52.62 %}	14.525 B ^{-3.73 %}	15.087 B ^{44.05 %}	10.474 B ^{3.99 %}	10.072 B ^{47.87 %}	6.811 B
Accumulated other comprehensive income loss	-331.000 M ^{-967.74 %}	-31.000 M ^{-232.60 %}	23.378 M ^{355.62 %}	5.131 M ^{126.47 %}	-19.383 M ^{-404.77 %}	-3.840 M ^{-160.58 %}	6.339 M
Retained earnings	7.886 B ^{20.05 %}	6.569 B ^{22.87 %}	5.346 B ^{19.22 %}	4.484 B ^{20.19 %}	3.731 B ^{22.27 %}	3.052 B ^{24.07 %}	2.460 B
Common stock	2.000 M ^{0.00 %}	2.000 M ^{14.88 %}	1.741 M ^{3.26 %}	1.686 M ^{2.24 %}	1.649 M ^{1.98 %}	1.617 M ^{4.80 %}	1.543 M
Total equity	17.446 B ^{9.74 %}	15.898 B ^{35.29 %}	11.751 B ^{19.28 %}	9.851 B ^{13.52 %}	8.678 B ^{10.99 %}	7.818 B ^{13.17 %}	6.909 B
Other non current liabilities	3.477 B	0.000 ^{-100.00 %}	1.298 B	0.000 ^{-100.00 %}	25.907 B ^{-58.35 %}	62.209 B ^{12.21 %}	55.439 B
Long term debt	6.922 B ^{11.32 %}	6.218 B ^{-56.78 %}	14.387 B ^{0.70 %}	14.287 B ^{37.72 %}	10.374 B ^{4.03 %}	9.972 B ^{48.58 %}	6.711 B
Total non current liabilities	73.123 B ^{-53.85 %}	158.449 B ^{901.45 %}	15.822 B ^{-65.18 %}	45.440 B ^{24.84 %}	36.399 B ^{-49.64 %}	72.282 B ^{16.07 %}	62.273 B
Other current liabilities	112.880 B ^{1 584.02 %}	6.703 B ^{-91.96 %}	83.330 B ^{36.56 %}	61.019 B ^{12.69 %}	54.146 B ^{604.91 %}	7.681 B ^{82.05 %}	4.219 B
Deferred revenue	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Short term debt	9.909 B ^{1 392.32 %}	664.000 M ^{-87.45 %}	5.292 B ^{1 412.06 %}	350.000 M ^{250.00 %}	100.000 M ^{0.00 %}	100.000 M	0.000
Total current liabilities	122.789 B ^{1 566.74 %}	7.367 B ^{-91.69 %}	88.623 B ^{44.41 %}	61.369 B ^{13.13 %}	54.246 B ^{597.13 %}	7.781 B ^{84.42 %}	4.219 B
Total liabilities	195.193 B ^{17.72 %}	165.816 B ^{26.35 %}	131.234 B ^{22.87 %}	106.809 B ^{17.83 %}	90.645 B ^{13.22 %}	80.064 B ^{20.41 %}	66.493 B
Other non current assets	7.262 B ^{78.25 %}	4.074 B ^{18.14 %}	3.448 B ^{-96.92 %}	111.907 B ^{18.07 %}	94.779 B ^{12.85 %}	83.988 B ^{20.48 %}	69.712 B
Long term investments	198.941 B ^{23.60 %}	160.958 B ^{22.44 %}	131.460 B ^{30 328.02 %}	432.036 M ^{4.39 %}	413.880 M ^{5.28 %}	393.117 M ^{-33.13 %}	587.924 M
Intangible assets	46.000 M ^{-30.30 %}	66.000 M ^{-19.51 %}	82.000 M ^{-22.18 %}	105.373 M	0.000	0.000	0.000
GoodWill	172.000 M ^{0.00 %}	172.000 M ^{0.22 %}	171.616 M ^{0.00 %}	171.616 M ^{-13.52 %}	198.447 M ^{0.00 %}	198.447 M ^{-2.33 %}	203.177 M
Goodwill and intangible assets	218.000 M ^{-8.40 %}	238.000 M ^{-6.30 %}	254.000 M ^{-8.30 %}	276.989 M ^{39.58 %}	198.447 M ^{0.00 %}	198.447 M ^{-2.33 %}	203.177 M
Property plant equipment net	1.923 B ^{7.67 %}	1.786 B ^{31.76 %}	1.355 B ^{15.43 %}	1.174 B ^{253.19 %}	332.483 M ^{12.25 %}	296.197 M ^{42.68 %}	207.592 M
Total non current assets	208.344 B ^{23.83 %}	168.244 B ^{22.40 %}	137.459 B ^{19.97 %}	114.579 B ^{19.13 %}	96.178 B ^{12.86 %}	85.216 B ^{19.91 %}	71.068 B
Other current assets	5.014 B ^{-62.78 %}	13.470 B ^{143.79 %}	5.525 B ^{165.50 %}	2.081 B ^{-38.91 %}	3.407 B ^{20.76 %}	2.821 B ^{17.69 %}	2.397 B
Short term investments	340.000 M ^{29.77 %}	262.000 M ^{11.49 %}	235.000 M ^{-81.67 %}	1.282 B	0.000	0.000	0.000
cash and cash equivalents	4.283 B ^{-66.92 %}	12.947 B ^{154.11 %}	5.095 B ^{199.78 %}	1.700 B ^{160.46 %}	-2.811 B ^{-22.38 %}	-2.297 B ^{-8.98 %}	-2.108 B
Cash and short term investments	4.623 B ^{-65.00 %}	13.209 B ^{147.82 %}	5.330 B ^{78.76 %}	2.982 B ^{206.07 %}	-2.811 B ^{-22.38 %}	-2.297 B ^{-8.98 %}	-2.108 B
Total current assets	10.345 B ^{-23.20 %}	13.470 B ^{143.79 %}	5.525 B ^{165.50 %}	2.081 B ^{-33.82 %}	3.145 B ^{17.94 %}	2.667 B ^{14.29 %}	2.333 B
Inventory	0.000 ^{100.00 %}	-13.710 B ^{-137.98 %}	-5.761 B ^{-71.29 %}	-3.363 B	0.000	0.000	0.000
Net receivables	708.000 M ^{41.32 %}	501.000 M ^{16.24 %}	431.000 M ^{12.96 %}	381.560 M ^{14.34 %}	333.708 M ^{14.99 %}	290.210 M ^{24.88 %}	232.399 M
Tax assets	0.000 ^{-100.00 %}	1.188 B ^{26.25 %}	940.976 M ^{19.31 %}	788.706 M ^{73.68 %}	454.106 M ^{33.85 %}	339.274 M ^{-5.14 %}	357.672 M
Other assets	-6.050 B	0.000	0.000	0.000	0.000	0.000	0.000
Account payables	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Tax payables	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Deferred revenue non current	64.925 B ^{-56.96 %}	150.859 B	0.000 ^{-100.00 %}	34.326 B ^{20.58 %}	28.467 B ^{-55.55 %}	64.037 B ^{14.49 %}	55.933 B
Minority interest	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Capital lease obligations	1.368 B ^{10.23 %}	1.241 B ^{44.66 %}	857.899 M ^{5.71 %}	811.541 M	0.000	0.000	0.000
Preferred stock	3.633 B ^{0.00 %}	3.633 B ^{135.15 %}	1.545 B ^{34.93 %}	1.145 B ^{21.81 %}	940.000 M ^{-5.05 %}	990.000 M ^{-13.12 %}	1.140 B
Other total stockholders equity	6.256 B ^{9.28 %}	5.725 B ^{18.42 %}	4.835 B ^{14.70 %}	4.215 B ^{4.74 %}	4.024 B ^{6.49 %}	3.779 B ^{14.45 %}	3.302 B
Deferred tax liabilities non current	719.000 M ^{14.67 %}	627.000 M	0.000 ^{-100.00 %}	396.925 M ^{237.64 %}	117.558 M ^{15.74 %}	101.574 M ^{-17.83 %}	123.617 M
Other liabilities	-719.000 M	0.000	0.000	0.000	0.000	0.000	0.000
Total assets	212.639 B ^{17.02 %}	181.714 B ^{27.09 %}	142.984 B ^{22.56 %}	116.661 B ^{17.46 %}	99.323 B ^{13.02 %}	87.882 B ^{19.73 %}	73.401 B
	2022	2021	2020	2019	2018	2017	2016

	2022	2021	2020	2019	2018	2017	2016
Deferred income tax	20.000 M ^{125.32 %}	-79.000 M ^{-10.89 %}	-71.242 M ^{-2.02 %}	-69.830 M ^{24.59 %}	-92.598 M ^{-1 187.34 %}	8.516 M ^{119.56 %}	-43.532 M
Stock based compensation	199.000 M ^{-17.08 %}	240.000 M ^{61.07 %}	149.000 M ^{43.27 %}	104.000 M	0.000	0.000	0.000
Change in working capital	-1.023 B ^{-365.71 %}	385.000 M ^{630.27 %}	-72.604 M ^{-136.30 %}	200.028 M ^{1 030.93 %}	17.687 M ^{154.38 %}	6.953 M ^{-91.45 %}	81.350 M
Accounts receivables	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Inventory	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Accounts payables	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Other working capital	-1.023 B ^{-365.71 %}	385.000 M ^{630.27 %}	-72.604 M	0.000	0.000	0.000	0.000
Other non cash items	114.000 M ^{20.00 %}	95.000 M ^{-36.26 %}	149.046 M ^{55.19 %}	96.042 M ^{-74.03 %}	369.771 M ^{26.86 %}	291.482 M ^{42.20 %}	204.987 M
Net cash provided by operating activities	1.167 B ^{-49.33 %}	2.303 B ^{66.36 %}	1.384 B ^{0.94 %}	1.371 B ^{30.41 %}	1.052 B ^{6.41 %}	988.311 M ^{14.12 %}	866.033 M
Investments in property plant and equipment	-915.000 M ^{-27.79 %}	-716.000 M ^{2.16 %}	-731.814 M ^{-282.97 %}	-191.088 M ^{-37.60 %}	-138.875 M ^{25.47 %}	-186.336 M ^{-18.01 %}	-157.899 M
Acquisitions net	0.000	0.000	0.000 ^{-100.00 %}	29.265 M	0.000	0.000 ^{100.00 %}	-31.804 M
Purchases of investments	-7.930 B ^{16.29 %}	-9.473 B ^{-171.59 %}	-3.488 B ^{31.08 %}	-5.061 B ^{-374.21 %}	-1.067 B ^{77.33 %}	-4.708 B ^{41.27 %}	-8.016 B
Sales maturities of investments	1.694 B ^{-39.76 %}	2.812 B ^{-24.53 %}	3.726 B ^{18.30 %}	3.150 B ^{-12.45 %}	3.597 B ^{178.23 %}	1.293 B ^{-62.66 %}	3.463 B
Other investing activites	-32.569 B ^{-42.44 %}	-22.865 B ^{-2.93 %}	-22.214 B ^{-44.30 %}	-15.395 B	0.000	0.000 ^{-100.00 %}	1.254 M
Net cash used for investing activites	-39.720 B ^{-31.34 %}	-30.242 B ^{-33.18 %}	-22.708 B ^{-30.00 %}	-17.468 B ^{-58.76 %}	-11.003 B ^{23.91 %}	-14.460 B ^{-8.36 %}	-13.344 B
Debt repayment	9.800 B ^{221.66 %}	-8.055 B ^{-981.21 %}	-745.000 M ^{-119.61 %}	3.800 B ^{850.00 %}	400.000 M ^{-87.76 %}	3.267 B ^{42.80 %}	2.288 B
Common stock issued	402.000 M ^{-86.57 %}	2.994 B ^{190.13 %}	1.032 B ^{503.49 %}	171.000 M ^{-66.05 %}	503.667 M ^{-29.38 %}	713.247 M ^{33.12 %}	535.778 M
Common stock repurchased	0.000 ^{100.00 %}	-150.000 M ^{-50.00 %}	-100.000 M ^{47.37 %}	-190.000 M ^{45.71 %}	-350.000 M ^{-0.14 %}	-349.525 M	0.000
Dividends paid	-348.000 M ^{-37.01 %}	-254.000 M ^{-28.61 %}	-197.494 M ^{-11.48 %}	-177.159 M ^{-0.91 %}	-175.568 M ^{-6.03 %}	-165.589 M ^{-1.25 %}	-163.540 M
Other financing activites	20.035 B ^{-53.76 %}	43.325 B ^{72.30 %}	25.145 B ^{125.04 %}	11.174 B ^{11.29 %}	10.040 B ^{-0.11 %}	10.051 B ^{-6.89 %}	10.794 B
Net cash used provided by financing activities	29.889 B ^{-16.49 %}	35.791 B ^{44.79 %}	24.719 B ^{64.96 %}	14.985 B ^{43.19 %}	10.465 B ^{-23.40 %}	13.661 B ^{1.53 %}	13.455 B
Effect of forex changes on cash	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Net change in cash	-8.664 B ^{-210.34 %}	7.852 B ^{131.28 %}	3.395 B ^{405.58 %}	-1.111 B ^{-316.09 %}	514.138 M ^{171.60 %}	189.299 M ^{-80.62 %}	976.612 M
Cash at beginning of period	12.947 B ^{154.11 %}	5.095 B ^{199.71 %}	1.700 B ^{-39.52 %}	2.811 B	0.000	0.000	0.000
Cash at end of period	4.283 B ^{-66.92 %}	12.947 B ^{154.11 %}	5.095 B ^{199.71 %}	1.700 B ^{230.65 %}	514.138 M ^{171.60 %}	189.299 M ^{-80.62 %}	976.612 M
Operating cash flow	1.167 B ^{-49.33 %}	2.303 B ^{66.36 %}	1.384 B ^{0.94 %}	1.371 B ^{30.41 %}	1.052 B ^{6.41 %}	988.311 M ^{14.12 %}	866.033 M
Capital expenditure	-197.000 M ^{72.49 %}	-716.000 M ^{2.16 %}	-731.814 M ^{-282.97 %}	-191.088 M ^{-37.60 %}	-138.875 M ^{25.47 %}	-186.336 M ^{-18.01 %}	-157.899 M
Free CashFlow	55.000 M ^{-96.53 %}	1.587 B ^{143.20 %}	652.537 M ^{-44.72 %}	1.180 B ^{29.31 %}	912.813 M ^{13.82 %}	801.975 M ^{13.25 %}	708.134 M
	2022	2021	2020	2019	2018	2017	2016

	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30
Revenue	2.183 B ^{11.15 %}	1.964 B ^{10.65 %}	1.775 B ^{12.27 %}	1.581 B ^{9.56 %}	1.443 B ^{2.05 %}	1.414 B ^{3.36 %}	1.368 B
Net income	269.000 M ^{-30.31 %}	386.000 M ^{-13.26 %}	445.000 M ^{2.77 %}	433.000 M ^{7.98 %}	401.000 M ^{0.25 %}	400.000 M ^{8.20 %}	369.687 M
Income before tax	341.000 M ^{-30.12 %}	488.000 M ^{-14.08 %}	568.000 M ^{0.53 %}	565.000 M ^{8.65 %}	520.000 M ^{9.01 %}	477.000 M ^{1.47 %}	470.086 M
Income before tax ratio	0.16 ^{-37.13 %}	0.25 ^{-22.35 %}	0.32 ^{-10.46 %}	0.36 ^{-0.83 %}	0.36 ^{6.82 %}	0.34 ^{-1.83 %}	0.34
EBITDA	366.000 M ^{-31.20 %}	532.000 M ^{-13.64 %}	616.000 M ^{0.33 %}	614.000 M ^{7.53 %}	571.000 M ^{9.62 %}	520.883 M ^{-0.85 %}	525.367 M
Net income ratio	0.12 ^{-37.30 %}	0.20 ^{-21.61 %}	0.25 ^{-8.46 %}	0.27 ^{-1.45 %}	0.28 ^{-1.76 %}	0.28 ^{4.68 %}	0.27
Ratio EBITDA	0.17 ^{-38.10 %}	0.27 ^{-21.95 %}	0.35 ^{-10.64 %}	0.39 ^{-1.86 %}	0.40 ^{7.42 %}	0.37 ^{-4.08 %}	0.38
Gross profit ratio	1.00 ^{0.00 %}	1.00 ^{0.00 %}	1.00 ^{0.00 %}	1.00 ^{0.00 %}	1.00 ^{0.00 %}	1.00 ^{0.00 %}	1.00
Weighted average shs out dil	186.000 M ^{1.09 %}	184.000 M ^{0.55 %}	183.000 M ^{1.10 %}	181.000 M ^{-0.55 %}	182.000 M ^{0.00 %}	182.000 M ^{0.88 %}	180.420 M
Weighted average shs out	185.000 M ^{1.09 %}	183.000 M ^{0.55 %}	182.000 M ^{1.11 %}	180.000 M ^{0.00 %}	180.000 M ^{0.56 %}	179.000 M ^{0.53 %}	178.065 M
EPS diluted	1.23 ^{-34.57 %}	1.88 ^{-14.93 %}	2.21 ^{-7.53 %}	2.39 ^{8.64 %}	2.20 ^{0.00 %}	2.20 ^{7.32 %}	2.05
Earnings per share	1.24 ^{-34.39 %}	1.89 ^{-15.25 %}	2.23 ^{-7.47 %}	2.41 ^{8.07 %}	2.23 ^{0.00 %}	2.23 ^{7.21 %}	2.08
Gross profit	2.183 B ^{11.15 %}	1.964 B ^{10.65 %}	1.775 B ^{12.27 %}	1.581 B ^{9.56 %}	1.443 B ^{2.05 %}	1.414 B ^{3.36 %}	1.368 B
Income tax expense	72.000 M ^{-29.41 %}	102.000 M ^{-17.07 %}	123.000 M ^{-6.82 %}	132.000 M ^{10.92 %}	119.000 M ^{54.55 %}	77.000 M ^{-23.31 %}	100.399 M
Cost of revenue	0.000	0.000	0.000	0.000	0.000	0.000	0.000
General and administrative expenses	0.000 ^{-100.00 %}	590.000 M	0.000	0.000	0.000	0.000	0.000
Selling and marketing expenses	0.000 ^{-100.00 %}	23.000 M	0.000	0.000	0.000	0.000	0.000
Other expenses	-322.000 M ^{-27.78 %}	-252.000 M ^{-4.56 %}	-241.000 M ^{-6.17 %}	-227.000 M ^{-22.04 %}	-186.000 M ^{27.34 %}	-256.000 M ^{-54.92 %}	-165.251 M
Operating expenses	322.000 M ^{27.78 %}	252.000 M ^{4.56 %}	241.000 M ^{6.17 %}	227.000 M ^{22.04 %}	186.000 M ^{-27.34 %}	256.000 M ^{54.92 %}	165.251 M
Cost and expenses	1.842 B ^{24.80 %}	1.476 B ^{22.29 %}	1.207 B ^{18.80 %}	1.016 B ^{10.08 %}	923.000 M ^{-1.49 %}	937.000 M ^{4.60 %}	895.811 M
Research and development expenses	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Selling general and administrative expenses	644.000 M ^{5.06 %}	613.000 M	0.000	0.000	0.000	0.000	0.000
Interest income	0.000 ^{-100.00 %}	1.699 B ^{11.92 %}	1.518 B ^{15.35 %}	1.316 B ^{10.68 %}	1.189 B ^{1.85 %}	1.167 B ^{4.42 %}	1.118 B
Interest expense	407.000 M ^{-22.48 %}	525.000 M ^{556.25 %}	80.000 M ^{142.42 %}	33.000 M ^{37.50 %}	24.000 M ^{-11.11 %}	27.000 M ^{-37.18 %}	42.977 M
Depreciation and amortization	25.000 M ^{-43.18 %}	44.000 M ^{-8.33 %}	48.000 M ^{-2.04 %}	49.000 M ^{-3.92 %}	51.000 M ^{16.22 %}	43.883 M ^{-17.42 %}	53.142 M
Operating income	341.000 M	0.000	0.000	0.000	0.000	0.000	0.000
Operating income ratio	0.16	0.00	0.00	0.00	0.00	0.00	0.00
Total other income expenses net	0.000 ^{100.00 %}	-44.000 M ^{8.33 %}	-48.000 M ^{2.04 %}	-49.000 M ^{3.92 %}	-51.000 M ^{-16.22 %}	-43.883 M ^{12.48 %}	-50.139 M
	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30

	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30
Net debt	119.828 B ^{854.96 %}	12.548 B ^{-35.18 %}	19.359 B ^{-3.46 %}	20.053 B ^{36.14 %}	14.730 B ^{-25.71 %}	19.829 B ^{-14.47 %}	23.185 B
Total investments	1.393 B ^{-24.99 %}	1.857 B ^{348.55 %}	414.000 M ^{0.24 %}	413.000 M ^{133.33 %}	177.000 M ^{15.69 %}	153.000 M ^{-44.89 %}	277.603 M
Total debt	106.669 B ^{533.77 %}	16.831 B ^{21.73 %}	13.827 B ^{0.08 %}	13.816 B ^{98.11 %}	6.974 B ^{1.34 %}	6.882 B ^{-36.89 %}	10.905 B
Accumulated other comprehensive income loss	-295.000 M ^{10.88 %}	-331.000 M ^{1.78 %}	-337.000 M ^{-48.46 %}	-227.000 M ^{-65.69 %}	-137.000 M ^{-341.94 %}	-31.000 M ^{-56.20 %}	-19.846 M
Retained earnings	8.065 B ^{2.27 %}	7.886 B ^{3.89 %}	7.591 B ^{4.91 %}	7.236 B ^{4.98 %}	6.893 B ^{4.93 %}	6.569 B ^{5.24 %}	6.242 B
Common stock	2.000 M ^{0.00 %}	2.000 M ^{0.00 %}	2.000 M ^{0.00 %}	2.000 M ^{0.00 %}	2.000 M ^{0.00 %}	2.000 M ^{11.54 %}	1.793 M
Total equity	17.990 B ^{3.12 %}	17.446 B ^{1.91 %}	17.119 B ^{4.22 %}	16.426 B ^{1.68 %}	16.154 B ^{1.61 %}	15.898 B ^{7.41 %}	14.802 B
Other non current liabilities	81.960 B ^{28.41 %}	63.825 B ^{989.05 %}	-7.179 B ^{-20.09 %}	-5.978 B ^{7.66 %}	-6.474 B ^{5.42 %}	-6.845 B ^{30.19 %}	-9.805 B
Long term debt	26.304 B ^{206.61 %}	8.579 B ^{19.50 %}	7.179 B ^{20.09 %}	5.978 B ^{-7.66 %}	6.474 B ^{4.12 %}	6.218 B ^{-36.59 %}	9.805 B
Total non current liabilities	108.264 B ^{48.06 %}	73.123 B ^{-16.31 %}	87.377 B ^{10.97 %}	78.739 B ^{3.34 %}	76.197 B ^{-51.91 %}	158.449 B ^{129.72 %}	68.975 B
Other current liabilities	26.325 B ^{-77.32 %}	116.089 B ^{2 376.25 %}	-5.100 B ^{19.05 %}	-6.300 B ^{-1 160.00 %}	-500.000 M ^{-107.46 %}	6.703 B ^{709.36 %}	-1.100 B
Deferred revenue	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Short term debt	80.365 B ^{1 099.48 %}	6.700 B ^{31.37 %}	5.100 B ^{-19.05 %}	6.300 B ^{1 160.00 %}	500.000 M ^{-24.70 %}	664.000 M ^{-39.64 %}	1.100 B
Total current liabilities	106.690 B ^{-13.11 %}	122.789 B ^{22.04 %}	100.613 B ^{-2.07 %}	102.743 B ^{8.41 %}	94.770 B ^{1 186.41 %}	7.367 B ^{-91.70 %}	88.794 B
Total liabilities	214.954 B ^{9.72 %}	195.912 B ^{4.21 %}	187.990 B ^{3.59 %}	181.482 B ^{6.15 %}	170.967 B ^{3.11 %}	165.816 B ^{5.10 %}	157.769 B
Other non current assets	217.904 B ^{7.37 %}	202.950 B ^{3 583.30 %}	5.510 B ^{4.22 %}	5.287 B ^{18.60 %}	4.458 B ^{-97.30 %}	164.945 B ^{2 647.97 %}	6.002 B
Long term investments	1.393 B ^{-24.99 %}	1.857 B ^{348.55 %}	414.000 M ^{0.24 %}	413.000 M ^{133.33 %}	177.000 M ^{15.69 %}	153.000 M ^{-44.89 %}	277.603 M
Intangible assets	193.000 M ^{238.60 %}	57.000 M	0.000	0.000	0.000	0.000	0.000
GoodWill	0.000 ^{-100.00 %}	172.000 M ^{0.00 %}	172.000 M ^{0.00 %}	172.000 M ^{0.00 %}	172.000 M ^{0.00 %}	172.000 M ^{0.22 %}	171.616 M
Goodwill and intangible assets	193.000 M ^{-15.72 %}	229.000 M ^{33.14 %}	172.000 M ^{0.00 %}	172.000 M ^{0.00 %}	172.000 M ^{0.00 %}	172.000 M ^{0.22 %}	171.616 M
Property plant equipment net	488.000 M ^{-74.62 %}	1.923 B ^{-0.62 %}	1.935 B ^{0.83 %}	1.919 B ^{1.97 %}	1.882 B ^{5.38 %}	1.786 B ^{-0.52 %}	1.795 B
Total non current assets	219.785 B ^{5.49 %}	208.344 B ^{4.72 %}	198.957 B ^{4.12 %}	191.079 B ^{6.83 %}	178.863 B ^{6.31 %}	168.244 B ^{5.27 %}	159.818 B
Other current assets	13.159 B ^{162.45 %}	5.014 B ^{-18.50 %}	6.152 B ^{-9.91 %}	6.829 B ^{-12.18 %}	7.776 B ^{-40.04 %}	12.969 B ^{5.62 %}	12.279 B
Short term investments	0.000 ^{-100.00 %}	340.000 M	0.000	0.000	0.000	0.000	0.000
cash and cash equivalents	-13.159 B ^{-407.24 %}	4.283 B ^{177.42 %}	-5.532 B ^{11.30 %}	-6.237 B ^{19.58 %}	-7.756 B ^{40.09 %}	-12.947 B ^{-5.44 %}	-12.279 B
Cash and short term investments	-13.159 B ^{-384.64 %}	4.623 B ^{183.57 %}	-5.532 B ^{11.30 %}	-6.237 B ^{19.58 %}	-7.756 B ^{40.09 %}	-12.947 B ^{-5.44 %}	-12.279 B
Total current assets	13.159 B ^{162.45 %}	5.014 B ^{-18.50 %}	6.152 B ^{-9.91 %}	6.829 B ^{-17.30 %}	8.258 B ^{-38.69 %}	13.470 B ^{5.63 %}	12.752 B
Inventory	0.000 ^{100.00 %}	-5.331 B	0.000	0.000	0.000	0.000	0.000
Net receivables	0.000 ^{-100.00 %}	708.000 M	0.000	0.000 ^{-100.00 %}	482.000 M ^{-3.79 %}	501.000 M ^{5.94 %}	472.887 M
Tax assets	-193.000 M ^{-113.94 %}	1.385 B ^{-99.27 %}	190.926 B ^{4.17 %}	183.288 B ^{6.46 %}	172.174 B ^{14 392.76 %}	1.188 B ^{-99.22 %}	151.571 B
Other assets	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Account payables	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Tax payables	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Deferred revenue non current	0.000 ^{-100.00 %}	64.925 B	0.000	0.000	0.000 ^{-100.00 %}	150.859 B	0.000
Minority interest	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Capital lease obligations	0.000	0.000	0.000	0.000 ^{-100.00 %}	1.496 B ^{20.55 %}	1.241 B ^{-13.15 %}	1.429 B
Preferred stock	3.633 B ^{0.00 %}	3.633 B ^{0.00 %}	3.633 B ^{0.00 %}	3.633 B ^{0.00 %}	3.633 B ^{0.00 %}	3.633 B ^{25.60 %}	2.893 B
Other total stockholders equity	6.585 B ^{5.26 %}	6.256 B ^{0.42 %}	6.230 B ^{7.75 %}	5.782 B ^{0.33 %}	5.763 B ^{0.66 %}	5.725 B ^{0.70 %}	5.685 B
Deferred tax liabilities non current	0.000 ^{-100.00 %}	719.000 M	0.000	0.000	0.000 ^{-100.00 %}	627.000 M	0.000
Other liabilities	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Total assets	232.944 B ^{9.18 %}	213.358 B ^{4.02 %}	205.109 B ^{3.64 %}	197.908 B ^{5.76 %}	187.121 B ^{2.98 %}	181.714 B ^{5.30 %}	172.571 B
	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30

	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30
Deferred income tax	6.000 M ^{110.71 %}	-56.000 M ^{-154.55 %}	-22.000 M ^{-123.91 %}	92.000 M ^{312.67 %}	-43.259 M ^{-31.12 %}	-32.992 M
Stock based compensation	50.000 M	0.000	0.000	0.000	0.000	0.000
Change in working capital	-382.000 M ^{-66.09 %}	-230.000 M ^{-25.68 %}	-183.000 M ^{19.74 %}	-228.000 M ^{-136.15 %}	630.713 M ^{969.44 %}	58.976 M
Accounts receivables	0.000	0.000	0.000	0.000	0.000	0.000
Inventory	0.000	0.000	0.000	0.000	0.000	0.000
Accounts payables	0.000	0.000	0.000	0.000	0.000	0.000
Other working capital	-382.000 M	0.000	0.000	0.000	0.000	0.000
Other non cash items	31.000 M ^{-83.60 %}	189.000 M ^{2.72 %}	184.000 M ^{18.71 %}	155.000 M ^{-29.08 %}	218.541 M ^{7.84 %}	202.662 M
Net cash provided by operating activities	135.000 M ^{-55.00 %}	300.000 M ^{-17.36 %}	363.000 M ^{-1.63 %}	369.000 M ^{-68.25 %}	1.162 B ^{113.16 %}	545.191 M
Investments in property plant and equipment	-45.000 M ^{54.08 %}	-98.000 M ^{85.98 %}	-699.000 M ^{-857.53 %}	-73.000 M ^{-11.57 %}	-65.429 M ^{-13.71 %}	-57.542 M
Acquisitions net	0.000	0.000	0.000	0.000	0.000	0.000
Purchases of investments	-301.000 M ^{67.35 %}	-922.000 M ^{25.10 %}	-1.231 B ^{75.05 %}	-4.933 B ^{-140.76 %}	-2.049 B ^{-2.80 %}	-1.993 B
Sales maturities of investments	274.000 M ^{-41.58 %}	469.000 M ^{6.35 %}	441.000 M ^{-13.53 %}	510.000 M ^{-20.74 %}	643.450 M ^{-3.23 %}	664.955 M
Other investing activites	-8.244 B ^{-206 200.00 %}	4.000 M	0.000	0.000 ^{-100.00 %}	9.134 M ^{295.93 %}	2.307 M
Net cash used for investing activites	-8.316 B ^{-3.13 %}	-8.064 B ^{33.48 %}	-12.123 B ^{-8.08 %}	-11.217 B ^{-38.68 %}	-8.089 B ^{-22.31 %}	-6.613 B
Debt repayment	3.000 B	0.000 ^{-100.00 %}	6.800 B	0.000 ^{100.00 %}	-4.000 B ^{-207.69 %}	-1.300 B
Common stock issued	7.000 M ^{-98.26 %}	402.000 M ^{4 925.00 %}	8.000 M ^{-33.33 %}	12.000 M ^{4 577.61 %}	-268.000 K ^{-100.06 %}	444.000 M
Common stock repurchased	0.000	0.000	0.000	0.000	0.000	0.000
Dividends paid	-91.000 M ^{-1.11 %}	-90.000 M ^{0.00 %}	-90.000 M ^{-16.88 %}	-77.000 M ^{-6.13 %}	-72.551 M ^{-14.04 %}	-63.621 M
Other financing activites	4.023 B ^{-40.37 %}	6.747 B ^{91.08 %}	3.531 B ^{-38.42 %}	5.734 B ^{-50.85 %}	11.667 B ^{2.48 %}	11.384 B
Net cash used provided by financing activities	6.932 B ^{-1.80 %}	7.059 B ^{-31.07 %}	10.241 B ^{81.03 %}	5.657 B ^{-25.51 %}	7.594 B ^{-27.47 %}	10.470 B
Effect of forex changes on cash	0.000	0.000	0.000	0.000	0.000	0.000
Net change in cash	-1.249 B ^{-77.16 %}	-705.000 M ^{53.59 %}	-1.519 B ^{70.74 %}	-5.191 B ^{-877.90 %}	667.307 M ^{-84.84 %}	4.402 B
Cash at beginning of period	5.532 B	0.000	0.000	0.000	0.000	0.000
Cash at end of period	4.283 B ^{707.52 %}	-705.000 M ^{53.59 %}	-1.519 B ^{70.74 %}	-5.191 B ^{-877.90 %}	667.307 M ^{-84.84 %}	4.402 B
Operating cash flow	135.000 M ^{-55.00 %}	300.000 M ^{-17.36 %}	363.000 M ^{-1.63 %}	369.000 M ^{-68.25 %}	1.162 B ^{113.16 %}	545.191 M
Capital expenditure	-45.000 M ^{54.08 %}	-98.000 M ^{85.98 %}	-699.000 M ^{-857.53 %}	-73.000 M ^{-11.57 %}	-65.429 M ^{-13.71 %}	-57.542 M
Free CashFlow	90.000 M ^{-55.45 %}	202.000 M ^{160.12 %}	-336.000 M ^{-213.51 %}	296.000 M ^{-73.01 %}	1.097 B ^{124.89 %}	487.649 M
	2022	2022	2022	2022	2021	2021

Date	Form 10K
2022
2021
2020
2019
2018
2017
2016

First Republic Bank FRCB

Finances

First Republic Bank ^FRCB