Republic First Bancorp, Inc. (FRBK)

OTCMKTS: FRBK · Delayed Price · USD
0.0130
+0.0005 (4.00%)
Mar 1, 2024, 11:57 AM EST - Market closed
Market Cap 915.34K
Revenue (ttm) 147.58M
Net Income (ttm) 3.09M
Shares Out 70.41M
EPS (ttm) 0.04
PE Ratio 0.32
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,400
Open 0.0130
Previous Close 0.0125
Day's Range 0.0130 - 0.0151
52-Week Range 0.0003 - 1.9900
Beta 0.42
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]

Sector Financials
Founded 1987
Employees 525
Stock Exchange OTCMKTS
Ticker Symbol FRBK
Full Company Profile

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 Statements

News

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...

3 months ago - GlobeNewsWire

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...

4 months ago - Market Watch

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.

4 months ago - Reuters

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

4 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

Other symbols: ASBBKCCMAGSKEYNTRS
6 months ago - Market Watch

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...

6 months ago - Market Watch

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...

7 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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

8 months ago - GlobeNewsWire

Top 5 Financial Stocks That Could Blast Off In July - Allstate (NYSE:ALL), Cherry Hill Mortgage (NYSE:CHMI)

The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.

Other symbols: ALLCHMIMHLDPGR
8 months ago - Benzinga

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 ...

8 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

9 months ago - Market Watch

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...

9 months ago - GlobeNewsWire

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...

9 months ago - Business Wire

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

10 months ago - GlobeNewsWire

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.

10 months ago - Reuters

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...

10 months ago - Market Watch

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...

10 months ago - GlobeNewsWire

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”), ...

10 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire