First Republic Bank FRC has outperformed the market over the past 10 years by 5.16% on an annualized basis producing an average annual return of 15.9%. Currently, First Republic Bank has a market capitalization of $26.42 billion.
Buying $100 In FRC: If an investor had bought $100 of FRC stock 10 years ago, it would be worth $439.09 today based on a price of $147.05 for FRC at the time of writing.
First Republic Bank's Performance Over Last 10 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.