Deutsche Bank's research report on First Republic Bank highlights a 'Buy' rating with a target price increase from $48.00 to $52.00. The report discusses core NIM expansion, asset growth, and mortgage banking trends. It also outlines valuation metrics and potential risks, including economic weakness in California and changes in tax policies.
doj/DataSet10/EFTA01450790.pdf
{"title":"Deutsche Bank Markets Research - First Republic Bank Alert","key_people":["Dave Rochester","Temas Brasiler"],"document_date":"2013-10-15","document_type":"financial","key_locations":["United States","California"],"document_subtype":"Research Report","key_organizations":["Deutsche Bank","First Republic Bank"],"reference_numbers":["DB-SDNY-0106653","SDNY_GM_00252837","EFTA01450790"]}