First Republic Bank (FRCB)
Market Cap | 7.08M |
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 | 141,322 |
Open | 0.0395 |
Previous Close | 0.0405 |
Day's Range | 0.0370 - 0.0500 |
52-Week Range | n/a |
Beta | 1.90 |
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]
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 StatementsNews
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...
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.
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'...
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.
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 ...
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...
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...
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.
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...
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.
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.
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.
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.
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 ...
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...
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...
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...
When SVB and First Republic Collapsed, So Did Their Employees' Investments
Workers at the failed California banks plowed their money into company stock.
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...
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...
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...
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).
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.
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.
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.