First Republic Bank (FRCB)

OTCMKTS: FRCB · Delayed Price · USD
0.178
+0.001 (0.62%)
Jun 8, 2023, 3:59 PM EDT - Market closed
Market Cap 32.87M
Revenue (ttm) 5.77B
Net Income (ttm) 1.67B
Shares Out n/a
EPS (ttm) 6.37
PE Ratio 0.03
Forward PE 17.39
Dividend $1.08 (608.11%)
Ex-Dividend Date Jan 25, 2023
Volume 2,714,163
Open 0.172
Previous Close 0.177
Day's Range 0.170 - 0.187
52-Week Range 0.168 - 0.488
Beta 0.99
Analysts n/a
Price Target n/a
Earnings Date n/a

About FRCB

First Republic Bank provides 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 is headquartered in San Francisco, California. [Read more]

Industry Banks-Regional
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

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 7, 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 ...

1 day ago - PRNewsWire

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

NEW YORK , June 5, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of First Republic Bank ("First Republic" or the "Company") (NYSE: FRC). Such investors are advised ...

3 days 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
1 week ago - PYMNTS
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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
1 week 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
1 week 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
1 week ago - New York Post

Exclusive: JPMorgan to close 21 First Republic Bank branches

JPMorgan Chase & Co will shut 21 branches of First Republic Bank by the end of the year as it integrates the failed lender into its operations, a JPMorgan spokesperson said on Thursday.

Other symbols: JPM
1 week ago - Reuters

FRC ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of June 23, 2023 in the Class Action Filed on Behalf of First Republic Bank Shareholders

NEW YORK , May 30, 2023 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of First Republic Bank (NYSE: FRC) alleging that the Company...

1 week ago - PRNewsWire
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ROSEN, National Trial Lawyers, Encourages First Republic Bank Investors with Losses Over $2MM to Secure Counsel Before Important Deadline in Securities Class Action - FRC, FRC-PI, FRC-PH, FRC-PJ, FRC-PK, FRC-PL, FRC-PM, FRC-PN

NEW YORK , May 29, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of First Republic Bank (NYSE: FRC, FRC-PI, FRC-PH, FRC-PJ, FRC-PK, FRC-...

1 week ago - PRNewsWire

Spring 2023 Layoff Tracker: JPMorgan Cuts 1,000 First Republic Employees

More than 136,000 employees were laid off by major U.S. companies in the first quarter of 2023.

Other symbols: JPM
1 week ago - Forbes

FRC Investors Have Opportunity to Lead First Republic Bank Securities Fraud Lawsuit

Shareholders with losses of $250,000 or more are encouraged to contact the firm.   LOS ANGELES , May 26, 2023 /PRNewswire/ -- The Law Offices of Frank R.

1 week ago - PRNewsWire

JPMorgan lays off about 1,000 former First Republic employees

JPMorgan Chase & Co. laid off about 1,000 former First Republic Bank employees Thursday, weeks after its takeover of the failed lender.

Other symbols: JPM
2 weeks ago - Market Watch

JPMorgan is cutting about 1,000 First Republic Bank employees

JPMorgan Chase informed about 1,000 First Republic Bank employees on Thursday that they will no longer have jobs.

Other symbols: JPM
2 weeks ago - CNN Business
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JPMorgan lays off 15% of First Republic employees, or about 1,000 workers

JPMorgan is laying off roughly 1,000 employees of First Republic Bank, which it acquired on May 1. About 85% of First Republic's roughly 7,000 employees were told they can stay with the bigger bank.

Other symbols: JPM
2 weeks ago - Business Insider

JPMorgan letting go 1,000 First Republic employees

JPMorgan Chase has informed 1,000 employees of First Republic Bank they will soon be out of job, making the announcement weeks after acquiring the institution.

Other symbols: JPM
2 weeks ago - Fox Business

JPMorgan to reportedly ax 1,000 First Republic jobs as integration begins

Jamie Dimon's bank has offered employment to nearly 85% of First Republic employees in a transitional or full-time role.

Other symbols: JPM
2 weeks ago - New York Post

JPMorgan Cuts 1,000 First Republic Staffers

JPMorgan notified about 1,000 First Republic Bank employees that they aren't being given jobs even temporarily following its takeover of the failed lender. Hannah Levitt reports on "Bloomberg Markets:...

Other symbols: JPM
2 weeks ago - Bloomberg Markets and Finance

JPMorgan tells 1,000 First Republic employees they'll lose their jobs - Bloomberg News

JPMorgan Chase and Co has notified about 1,000 First Republic Bank employees that they are not being given jobs, even temporarily, following its takeover of the failed lender, Bloomberg News reported ...

Other symbols: JPM
2 weeks ago - Reuters

JPMorgan culling First Republic Bank's personal credit lines - The Information

JPMorgan Chase & Co has told customers with personal credit lines at First Republic Bank that it will no longer offer those when they come up for renewal, The Information reported on Thursday, citing ...

Other symbols: JPM
2 weeks ago - Reuters

First Republic Bank paid some employees over $10M before collapse: report

Though First Republic was widely known for offering generous rewards to staff, some potential rescuers were surprised by the compensation figures on display.

2 weeks ago - New York Post

First Republic Bank paid some employees salaries of more than $10 mln before collapse - Bloomberg News

First Republic Bank was paying dozens of employees more than $10 million apiece annually in the heyday before its collapse, Bloomberg News reported on Thursday, citing people familiar with the matter.

2 weeks ago - Reuters

FRC LAWSUIT ALERT: Levi & Korsinsky Notifies First Republic Bank Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK , May 25, 2023 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in First Republic Bank ("First Republic" or the "Company") (NYSE: FRC) of a class action securities lawsuit. CLASS DEFI...

2 weeks ago - PRNewsWire

DOJ reviewing First Republic Bank staffers' stock trades

Yahoo Finance's Julie Hyman analyzes a report from Bloomberg that the U.S. Department of Justice is reviewing First Republic Bank staffers' stock trades.

2 weeks ago - Yahoo Finance

US prosecutors probe trading by First Republic's former employees - Bloomberg Law

U.S. prosecutors are reviewing stock trading by some of First Republic Bank's employees during the lender's recent collapse, Bloomberg Law reported on Wednesday, citing people familiar with the matter...

2 weeks ago - Reuters

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 - (NYSE: FRC)

NEW YORK , May 24, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of First Republic Bank. Shareholders who purchased shares of FRC during the class period listed a...

2 weeks ago - PRNewsWire