First Republic Bank (NYSE:FRC) has outperformed the market over the past 10 years by 4.94% on an annualized basis producing an average annual return of 17.46%. Currently, First Republic Bank has a market capitalization of $29.61 billion.
Buying $1000 In FRC: If an investor had bought $1000 of FRC stock 10 years ago, it would be worth $5,047.76 today based on a price of $164.86 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.
