First Republic Bank (FRCB)

OTCMKTS: FRCB · Delayed Price · USD
0.0400
0.00 (0.00%)
Apr 18, 2024, 12:00 AM EDT - Market open
Market Cap 7.45M
Revenue 5.77B
Net Income 1.67B
Shares Out 181.00M
EPS 8.25
PE Ratio 0.00
Forward PE 0.04
Dividend n/a
Ex-Dividend Date n/a
Volume 58,960
Open n/a
Previous Close 0.0400
Day's Range n/a
52-Week Range n/a
Beta 1.85
Analysts n/a
Price Target n/a
Earnings Date n/a

About FRCB

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
IPO Date Feb 12, 1987
Employees 7,213
Stock Exchange OTCMKTS
Ticker Symbol FRCB
Full Company Profile

Financial Performance

In 2022, FRCB's revenue was $5.77 billion, an increase of 16.39% compared to the previous year's $4.96 billion. Earnings were $1.67 billion, an increase of 12.65%.

Financial Statements

News

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...

Other symbols: JPM
4 months 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.

Other symbols: JPM
4 months 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'...

Other symbols: JPM
4 months 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.

Other symbols: JPM
4 months 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 ...

4 months 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...

6 months 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...

8 months ago - Reuters

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.

Other symbols: NYCB
9 months 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...

Other symbols: AIGSBNY
9 months 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.

Other symbols: JPM
10 months 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.

Other symbols: JPM
10 months 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.

Other symbols: JPM
10 months ago - WSJ

First Republic employees are fleeing JPMorgan after the regional bank's acquisition

Liz Hoffman, Semafor business and finance editor, joins 'Squawk Box' to discuss JPMorgan's ambitions in the wealth management space and more.

Other symbols: JPM
10 months ago - CNBC Television

CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit On Behalf Of First Republic Bank Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), announces that it has filed a class action lawsuit in the United States District Court for the Northern District of California, Case ...

10 months ago - Business Wire

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against First Republic Bank (FRCB)

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming June 23, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors...

10 months ago - Business Wire

NewEdge Wealth Launches San Francisco Office With Former First Republic Wealth Manager John Froley

STAMFORD, Conn.--(BUSINESS WIRE)--NewEdge Wealth, LLC, a registered investment adviser specializing in servicing the needs of ultra high net worth families, family offices and institutional clients, a...

10 months ago - Business Wire

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of First Republic Bank of a Class Action Lawsuit and a Lead Plaintiff Deadline of June 23, 2023 - (OTC Other: FRCB)

NEW YORK , June 21, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of First Republic Bank. Shareholders who purchased shares of FRCB during the class period listed...

10 months ago - PRNewsWire

When SVB and First Republic Collapsed, So Did Their Employees' Investments

Workers at the failed California banks plowed their money into company stock.

10 months ago - WSJ

Kessler Topaz Meltzer & Check, LLP and Bernstein Litowitz Berger & Grossmann LLP Confirm that Investors of First Republic Bank Have Until June 23, 2023 to Move for Appointment as Lead Plaintiff

RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--The law firms of Kessler Topaz Meltzer & Check, LLP (“Kessler Topaz”) (www.ktmc.com) and Bernstein Litowitz Berger & Grossmann LLP (“BLB&G”) (www.blbglaw.c...

10 months ago - Business Wire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of First Republic Bank - FRC

NEW YORK , June 15, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  First Republic Bank ("First Republic" or the "Company") (OTCMKTS: FRCB).  Such investors are a...

11 months ago - PRNewsWire

FRCB SHAREHOLDER ALERT: Jakubowitz Law Reminds First Republic Shareholders of a Lead Plaintiff Deadline of June 23, 2023

NEW YORK , June 9, 2023 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of First Republic Bank (OTC Other: FRCB).- To rece...

11 months ago - PRNewsWire

JPMorgan Chase Closing 25% of First Republic's Branches After Acquisition

J.P. Morgan Chase will close 21 of the 84 branches of its recent acquisition, First Republic Bank. About 100 employees will be affected by the closures, Reuters reported Thursday (June 1).

Other symbols: JPM
11 months ago - PYMNTS

JPMorgan is closing 25% of First Republic's branches

JPMorgan Chase is pulling the plug on 21 branches acquired during its takeover of failed regional bank First Republic.

Other symbols: JPM
11 months ago - CNN Business

JPMorgan closing 25% of First Republic Bank branches

JPMorgan Chase says it will shut down 21 branches of its recently acquired First Republic Bank by the end of 2023, representing a quarter of the former bank's locations.

Other symbols: JPM
11 months ago - Fox Business

JPMorgan to close 21 First Republic Bank branches before year's end

The locations account for about a quarter of First Republic's 84 branches across eight states.

Other symbols: JPM
11 months ago - New York Post