Republic First Bancorp, Inc. (FRBK)
Market Cap | 394.30K |
Revenue (ttm) | 147.58M |
Net Income (ttm) | 3.09M |
Shares Out | 70.41M |
EPS (ttm) | 0.04 |
PE Ratio | 0.14 |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,402 |
Open | 0.0105 |
Previous Close | 0.0105 |
Day's Range | 0.0056 - 0.0105 |
52-Week Range | 0.0003 - 1.7100 |
Beta | 0.22 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | May 1, 2023 |
About FRBK
Republic First Bancorp, Inc. operates as the holding company for Republic First Bank that provides a range of credit and depository banking products and services to individuals and businesses. It accepts consumer and commercial deposit, checking, interest-bearing demand, money market, savings, sweep, and individual retirement accounts, as well as certificates of deposit. The company also offers secured and unsecured commercial, real estate, construction and land development, automobile, and home improvement loans; mortgages, home equity and ove... [Read more]
Financial Performance
In 2021, FRBK's revenue was $161.96 million, an increase of 26.13% compared to the previous year's $128.40 million. Earnings were $25.18 million, an increase of 398.14%.
Financial StatementsNews
Republic First Bancorp and Norcross Braca Group Provide Update on Closing of $35 Million Capital Investment
PHILADELPHIA, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (OTCEM: FRBK) (“Republic” or the “Company”), the parent company of Republic First Bank d/b/a Republic Bank, and George E. N...
Republic First Bancorp's stock rockets as it seals $35M investment and FDIC calls off auction
Republic First Bancorp.'s stock was up by 194% to 15 cents a share on Thursday after it filed an agreement for a $35 million private placement by Norcross Braca Group, an activist investor in the micr...
Investor group to infuse $35 mln in troubled Republic First Bancorp
Investor group Norcross Braca has agreed to pump $35 million into troubled lender Republic First Bancorp , the companies said on Friday.
Republic Bancorp and Norcross Braca Group Announce $35 Million Investment
Investment Will Improve Capital Ratios and Result in Reconstitution of Republic Board, with Appointment of Philip A. Norcross as Chair as well as Gregory B. Braca and Two New Independent Directors
Republic Bank and Norcross Braca Group Announce Signing of Letter of Intent
Norcross Braca Group Will Invest at Least $35 Million as Part of a $75 Million Capital Raise and Will Gain Membership on Reconstituted Board Norcross Braca Group Will Invest at Least $35 Million as Pa...
Republic Bank Launches Food Drive in Partnership With the Food Bank of South Jersey
PHILADELPHIA, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Republic First Bank d/b/a Republic Bank (the "Bank"), is excited to announce the launch of its food drive initiative in collaboration with the Food Ban...
U.S. banks and regional lenders slide across the board as S&P is latest to downgrade ratings
U.S. banks and regional banks fell across the board on Tuesday, after S&P Global Ratings downgraded five smaller players after a review of risk related to funding, liquidity and asset quality with a f...
Republic First Bancorp.'s stock tanks 29% premarket after it says it will be delisted on Wednesday
Republic First Bancorp. Inc.'s stock FRBK, +11.11% tanked 29% in premarket trade Tuesday, after it said Nasdaq has informed it its stock will be delisted on Wednesday, after the company failed to file...
Republic First Bancorp, Inc. Receives Compliance Notice and New Notice of Non-Compliance from Nasdaq
PHILADELPHIA, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK) (the “Company”), the holding company for Republic First Bank d/b/a Republic Bank, announced that, as anticip...
Republic Bank Further Enhances Senior Leadership Team with Appointment of Linda Sanchez as Executive Vice President and Chief People Officer
PHILADELPHIA, July 19, 2023 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK) (“Republic” or the “Company”), the parent company of Republic First Bank d/b/a Republic Bank (the “Bank”), t...
Republic First Bancorp, Inc. Chairman Andrew Cohen and CEO Thomas Geisel Send Letter to Shareholders Outlining Progress on Strategy to Transform Company, Increase Profitability and Drive Long-Term Value
Company Announces that Republic and Affiliates of Castle Creek Capital and Cohen Private Ventures Have Agreed to Mutually Terminate Previously Announced Capital Raise
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Republic Bank Announces 3-Year Community Reinvesetment Grant Donation to Margate Terrace Senior Living in Partnership with Senior Secure
PHILADELPHIA, July 05, 2023 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company Republic First Bank d/b/a Republic Bank (the “Bank”) is proud to announce a significant ...
Republic Bank Announces Annual Meeting Date
Shareholders Will Have Opportunity to Vote on Three Directors for the Company's Expanded Eight-Person Board Shareholders Will Have Opportunity to Vote on Three Directors for the Company's Expanded Eig...
Republic First Bancorp, Inc. Enhances Senior Leadership Team with Appointment of Brian F. Doran as Executive Vice President and General Counsel
PHILADELPHIA, June 20, 2023 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK) (the “Company”), the parent company of Republic First Bank d/b/a Republic Bank (the "Bank"), today announced...
Republic Bank Appoints Francis Mitchell as Senior Vice President, Treasurer and Chief Investment Officer
PHILADELPHIA, June 06, 2023 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK) (the “Company”), the parent company of Republic First Bank d/b/a Republic Bank (the "Bank"), today announced...
Republic Bank plans cost cuts in retail banking division
Republic First Bancorp Inc. FRBK, the parent of regional Republic Bank, said late Thursday it will merge branches and take other steps to cut costs in its retail banking division. The company, with br...
Republic Bank Advances New Leadership's Strategy by Enhancing Operational Efficiency and Initiating a Real Estate Evaluation
PHILADELPHIA, June 01, 2023 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK) (the “Company”), the parent company of Republic First Bank d/b/a Republic Bank (the "Bank" or “Republic”), t...
Republic First Bancorp, Inc. Announces the Election of Andrew B. Cohen as Independent Chairman of the Board of Directors
PHILADELPHIA--(BUSINESS WIRE)--Republic First Bancorp, Inc. (NASDAQ: FRBK) (“Republic” or the “Company”), the parent company of Republic First Bank d/b/a Republic Bank (the “Bank”), today announced th...
Republic First Bancorp, Inc. Continues to Advance Strategy of Focusing on Core Services and Markets by Strengthening Small Business Administration Team
Allocates Additional Staff and Resources to Expand Ability to Serve Small Businesses Allocates Additional Staff and Resources to Expand Ability to Serve Small Businesses
Republic First Bancorp cuts jobs in preparation to exit mortgage business
Republic First Bancorp said on Friday it cut jobs in its commercial lending unit as the lender prepares to exit its mortgage origination business.
Republic First exits mortgage original business, stock rises in premarket
Republic First Bancorp Inc. FRBK said Friday it's exiting its legacy mortgage origination business because it no longer aligns with the bank's preference for “shorter duration and better risk-adjusted...
Republic First Bancorp, Inc. Announces Business Updates to Advance Strategy of Focusing on Core Services and Markets
PHILADELPHIA, May 05, 2023 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK) (the “Company” or “Republic First”), the holding company for Republic First Bank d/b/a Republic Bank, today a...
Republic First Bancorp, Inc. Reports First Quarter 2023 Financial Results
PHILADELPHIA, May 01, 2023 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK) (the “Company” or “Republic”), the holding company for Republic First Bank d/b/a Republic Bank (the “Bank”), ...
Republic Bank Receives 2023 Community Impact Award
PHILADELPHIA, April 28, 2023 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK) (the “Company”), the parent company of Republic First Bank d/b/a Republic Bank (the "Bank"), today announce...