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First Republic Bank (FRC) Stock

Profile

Country:

United States

IPO:

09 December 2010

Indexes:

Not included

Description:

First Republic Bank does not have significant operations. Previously, it 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 is headquartered in San Francisco, California.

Events Calendar

Earnings

Next earnings date:

N/A

Recent quarterly earnings:

July 14, 2023

Recent annual earnings:

Jan 13, 2023
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Jan 25, 2023
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

26 Apr '23 Maxim Group
Hold
26 Apr '23 Credit Suisse
Neutral
25 Apr '23 Wedbush
Neutral
25 Apr '23 Piper Sandler
Neutral
25 Apr '23 Janney Montgomery Scott
Sell
25 Apr '23 Barclays
Equal-Weight
12 Apr '23 Barclays
Equal-Weight
10 Apr '23 Wedbush
Neutral
05 Apr '23 Wells Fargo
Equal-Weight
17 Mar '23 Wedbush
Neutral

Screeners with FRC included

No data

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Institutional Ownership

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Proactive Investors29 December 2023

2023 has been a dramatic year — featuring everything the second- and third-largest banking collapse in US history, historic victories won by labor unions and the rise of ChatGPT and generative AI.  Let's take a look back at some of the financial news headlines that shaped the year Silicon Valley Bank and First Republic Bank (NYSE:FRC) fail  In March, the Federal Deposit Insurance Corporation (FDIC) took over the assets of Silicon Valley Bank after it lost $1.8 billion on an asset sale.

JPMorgan to reportedly ax 1,000 First Republic jobs as integration begins
JPMorgan to reportedly ax 1,000 First Republic jobs as integration begins
JPMorgan to reportedly ax 1,000 First Republic jobs as integration begins
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New York Post25 May 2023

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

JPMorgan Cuts 1,000 First Republic Staffers
JPMorgan Cuts 1,000 First Republic Staffers
JPMorgan Cuts 1,000 First Republic Staffers
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Bloomberg Markets and Finance25 May 2023

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: The Close.

JPMorgan tells 1,000 First Republic employees they'll lose their jobs - Bloomberg News
JPMorgan tells 1,000 First Republic employees they'll lose their jobs - Bloomberg News
JPMorgan tells 1,000 First Republic employees they'll lose their jobs - Bloomberg News
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Reuters25 May 2023

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 on Thursday, citing a person with knowledge of the matter.

JPMorgan culling First Republic Bank's personal credit lines - The Information
JPMorgan culling First Republic Bank's personal credit lines - The Information
JPMorgan culling First Republic Bank's personal credit lines - The Information
FRC
Reuters25 May 2023

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 correspondence it had viewed.

First Republic Bank paid some employees over $10M before collapse: report
First Republic Bank paid some employees over $10M before collapse: report
First Republic Bank paid some employees over $10M before collapse: report
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New York Post25 May 2023

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

First Republic Bank paid some employees salaries of more than $10 mln before collapse - Bloomberg News
First Republic Bank paid some employees salaries of more than $10 mln before collapse - Bloomberg News
First Republic Bank paid some employees salaries of more than $10 mln before collapse - Bloomberg News
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Reuters25 May 2023

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.

DOJ reviewing First Republic Bank staffers' stock trades
DOJ reviewing First Republic Bank staffers' stock trades
DOJ reviewing First Republic Bank staffers' stock trades
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Yahoo Finance24 May 2023

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.

US prosecutors probe trading by First Republic's former employees - Bloomberg Law
US prosecutors probe trading by First Republic's former employees - Bloomberg Law
US prosecutors probe trading by First Republic's former employees - Bloomberg Law
FRC
Reuters24 May 2023

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.

JPMorgan ups forecast, sees $3 billon net interest income boost from First Republic deal
JPMorgan ups forecast, sees $3 billon net interest income boost from First Republic deal
JPMorgan ups forecast, sees $3 billon net interest income boost from First Republic deal
FRC
Proactive Investors22 May 2023

JPMorgan Chase & Co (NYSE:JPM) has upped its annual forecast for net interest income following its acquisition of failed lender First Republic Bank (NYSE:FRC). The New York City-based banking giant said that its net interest income will rise $3 billion as it brings in more in interest payments from its purchase of First Republic Bank (NYSE:FRC) this year, according to a JPMorgan presentation for investor day on Monday.

FAQ

  • What is the primary business of First Republic Bank?
  • What is the ticker symbol for First Republic Bank?
  • Does First Republic Bank pay dividends?
  • What sector is First Republic Bank in?
  • What industry is First Republic Bank in?
  • What country is First Republic Bank based in?
  • When did First Republic Bank go public?
  • Is First Republic Bank in the S&P 500?
  • Is First Republic Bank in the NASDAQ 100?
  • Is First Republic Bank in the Dow Jones?
  • When was First Republic Bank's last earnings report?
  • When does First Republic Bank report earnings?
  • Should I buy First Republic Bank stock now?

What is the primary business of First Republic Bank?

First Republic Bank does not have significant operations. Previously, it 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 is headquartered in San Francisco, California.

What is the ticker symbol for First Republic Bank?

The ticker symbol for First Republic Bank is NYSE:FRC

Does First Republic Bank pay dividends?

No, First Republic Bank does not pay dividends

What sector is First Republic Bank in?

First Republic Bank is in the Financial Services sector

What industry is First Republic Bank in?

First Republic Bank is in the Banks - Regional industry

What country is First Republic Bank based in?

First Republic Bank is headquartered in United States

When did First Republic Bank go public?

First Republic Bank's initial public offering (IPO) was on 09 December 2010

Is First Republic Bank in the S&P 500?

No, First Republic Bank is not included in the S&P 500 index

Is First Republic Bank in the NASDAQ 100?

No, First Republic Bank is not included in the NASDAQ 100 index

Is First Republic Bank in the Dow Jones?

No, First Republic Bank is not included in the Dow Jones index

When was First Republic Bank's last earnings report?

First Republic Bank's most recent earnings report was on 14 July 2023

When does First Republic Bank report earnings?

The date for First Republic Bank's next earnings report has not been announced yet

Should I buy First Republic Bank stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions