First Republic Bank (FRCB)

OTCMKTS · Delayed Price · Currency is USD
0.0030
-0.0020 (-40.00%)
Dec 26, 2024, 4:00 PM EST
-91.43%
Market Cap 578.27K
Revenue (ttm) 5.57B
Net Income (ttm) 1.37B
Shares Out 186.54M
EPS (ttm) 7.47
PE Ratio 0.00
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 53,083
Open 0.0030
Previous Close 0.0050
Day's Range 0.0010 - 0.0040
52-Week Range 0.0002 - 0.1600
Beta 1.74
Analysts n/a
Price Target n/a
Earnings Date n/a

About First Republic Bank

As of May 1, 2023, First Republic Bank went out of business. Previously, First Republic Bank provided private banking, private business banking, and private wealth management services to clients in metropolitan areas in the United States. The company was founded in 1985 and was headquartered in San Francisco, California. First Republic Bank now trades on OTCPK. [Read more]

Sector Financials
Founded 1985
Employees 7,213
Stock Exchange OTCMKTS
Ticker Symbol FRCB
Full Company Profile

Financial Performance

In 2022, First Republic Bank's revenue was $5.76 billion, an increase of 15.74% compared to the previous year's $4.98 billion. Earnings were $1.51 billion, an increase of 9.28%.

Financial Statements

News

Citizens ‘Won by Losing’ First Republic to JPMorgan, CEO Says

Citizens Financial Group Inc. Chief Executive Officer Bruce Van Saun said his company’s unsuccessful fight with JPMorgan Chase & Co. to acquire First Republic Bank was the best outcome for the lender’...

22 days ago - Financial Post

Citizens Bank ‘Won by Losing’ First Republic to JPMorgan, CEO Says

Citizens Financial Group Inc. Chief Executive Officer Bruce Van Saun said his company’s unsuccessful fight with JPMorgan Chase & Co. to acquire First Republic Bank was the best outcome for the lender’...

22 days ago - BNN Bloomberg

6 Regional Bank Stocks to Buy Before Trump Names New SEC Leadership

The regional banking sector has spent much of the last two years making headlines for all the wrong reasons. Bank failures like Silicon Valley, Signature Bank, and First Republic Bank rocked the secto...

27 days ago - Benzinga

There’s still a weak tail of banks prone to the runs that brought down SVB and Credit Suisse, regulators warn

The Financial Stability Board, an international body of global regulators, delved into the issues that brought about the collapse of Credit Suisse, the failure of SVB, Signature and First Republic, an...

2 months ago - MarketWatch

Morgan Stanley agreed to pay $2 million to settle an investigation that it failed to properly monitor trades by the executive chairman of First Republic Bank before the bank failed last year.

Morgan Stanley agreed to pay $2 million to settle an investigation that it failed to properly monitor trades by the executive chairman of First Republic Bank before the bank failed last year.

3 months ago - The Wall Street Journal

Regulator Fines Morgan Stanley $2 Million Over First Republic Insider Sales

Massachusetts’ securities regulator accused Morgan Stanley of failing to properly supervise sales of First Republic stock worth $6.8 million by a former First Republic CEO.

3 months ago - Barron's

First Republic ex-employees' lawsuit against US FDIC is dismissed

A federal judge in California dismissed a lawsuit accusing the Federal Deposit Insurance Corp (FDIC) of improperly blocking nearly 170 former employees of the failed First Republic Bank from accessing...

5 months ago - Reuters

They Were Used to Five-Star Service at First Republic. Now They're Just Regular Customers.

Account holders gripe after bumpy early experiences with the bank's new owner, JPMorgan Chase.

7 months ago - WSJ

What You Need To Know About the First US Bank Failure of 2024

Fulton Financial (FULT) shares surged Monday after the bank said it acquired the debt and deposits of Philadelphia-based Republic First Bank following the first bank failure of 2024. Republic First Ba...

8 months ago - Investopedia

JPMorgan's First Republic Makeover Bucks Branch Closure Trend

JPMorgan is reportedly overhauling branches acquired in the collapse of First Republic Bank. The country's largest bank is planning to open several new branches, Reuters reported Monday (Dec. 11), goi...

1 year ago - PYMNTS

Exclusive: JPMorgan begins First Republic makeover as it opens more branches

JPMorgan Chase is preparing to overhaul branches it acquired from failed First Republic Bank as the lender expands its formidable national footprint.

1 year ago - Reuters

JPMorgan says integration of First Republic Bank is going as per plan

JPMorgan Chase's integration of failed First Republic Bank is going according to the plan as it looks to retain customers and build on services it acquired, said Marianne Lake, the Co-CEO of JPMorgan'...

1 year ago - Reuters

JPMorgan Says It Is Meeting Integration Milestones Since Acquiring First Republic

J.P. Morgan Chase has retained 90% of First Republic's clients after acquiring the bank in a government-led auction earlier this year. The achievement reflects J.P.

1 year ago - PYMNTS

Alecta to lead class action lawsuit against First Republic Bank

Swedish pension fund provider Alecta said on Tuesday it will lead a class action lawsuit against First Republic Bank, with the aim of recovering as much as possible of the capital that investors lost ...

1 year ago - Reuters

Exclusive: U.S. FDIC is probing former First Republic Bank directors and officers - spokesperson

The Federal Deposit Insurance Corporation (FDIC) is investigating potential misconduct by executives and board members of First Republic Bank, raising the prospect of stiff penalties for the failed ba...

1 year ago - Reuters

FDIC publishes post-mortem of its supervision of failed First Republic Bank

A U.S. banking regulator said its supervisors could have been more aggressive in policing First Republic Bank's management of interest rate risk and uninsured deposits prior to its May failure, but it...

1 year ago - Reuters

Analyzing 13Fs: Michael Burry's Scion Asset Management Q2 Update

Michael Burry closed out most of his Q1 positions in the second quarter, reducing positions in Signet Jewelers, Liberty Latin America, and New York Community Bancorp. Burry more than doubled his posit...

1 year ago - Seeking Alpha

JPMorgan, Bank of America and 4 other Wall Street titans are set to pay $8.9 billion after this spring's banking fiasco

Wall Street titans are expected to pay a multi-billion dollar price for the spring's banking chaos.  JPMorgan, BofA, and Wells Fargo are among those refilling the FDIC's deposit insurance fund.

1 year ago - Business Insider

Flagstar Bank hires six First Republic teams to expand private banking

Flagstar Bank, a subsidiary of New York Community Bancorp , said on Thursday it has hired six private client banking teams from the now-defunct First Republic Bank.

1 year ago - Reuters

A Tale of 2 Banking Crises

In this analysis, I explore the key differences between the 2008 and the 2023 banking crisis, examining their causes, impacts and responses. While the 2008 crisis was a global meltdown that required m...

1 year ago - GuruFocus

JPMorgan beats expectations with $14B profit boosted by First Republic acquisition

JPMorgan on Friday announced the Wall Street giant raked in $14 billion in profit in the second quarter -- despite CEO Jamie Dimon's dire economic predictions.

1 year ago - New York Post

JPMorgan Chase profit jumps, helped by First Republic purchase

JPMorgan Chase said on Friday that the bank's profits moved 67% higher over the second quarter, as borrowers' interest payments increased from the purchase of First Republic Bank.

1 year ago - Fox Business

JPMorgan's Profit Jumps 67% After First Republic Rescue

Net interest income hit a third straight record, with the bank able to charge more on loans.

1 year ago - WSJ

Worst Stocks Of 2023's First Half: Battered Banks And Vaccine Makers

The well's run dry for the sector thus far this year as energy prices stabilized.

1 year ago - Forbes