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Benzinga
Benzinga
Business
Benzinga Insights

$1000 Invested In First Republic Bank 10 Years Ago Would Be Worth This Much

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.

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