FRC - First Republic Bank

NYSE - NYSE Delayed Price. Currency in USD
100.94
+0.11 (+0.11%)
At close: 4:02PM EDT
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Previous Close100.83
Open100.74
Bid93.00 x 800
Ask104.47 x 800
Day's Range100.16 - 102.03
52 Week Range84.56 - 105.52
Volume903,131
Avg. Volume1,084,181
Market Cap16.35B
Beta0.49
PE Ratio (TTM)22.79
EPS (TTM)4.43
Earnings DateJul 12, 2018 - Jul 16, 2018
Forward Dividend & Yield0.72 (0.72%)
Ex-Dividend Date2018-04-25
1y Target Est99.47
Trade prices are not sourced from all markets
  • Business Wire7 hours ago

    First Republic Bank Releases Results of 2018 Dodd-Frank Act Company-Run Capital Stress Test

    First Republic Bank (“First Republic”) (FRC), a leading private bank and wealth management company, today announced the release of the results of its 2018 annual company-run capital stress test (“Dodd-Frank Act Stress Test” or “DFAST”). The information contained within the capital stress test results does not, in any way, reflect changes to the business plans, practices, or strategy of First Republic. The projections in the results are based on the severely adverse scenario provided by the Federal Deposit Insurance Corporation, in coordination with the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency, which was released on February 6, 2018.

  • Moody'syesterday

    Sequoia Mortgage Trust 2018-6 -- Moody's assigns definitive ratings to Prime RMBS issued by Sequoia Mortgage Trust 2018-6

    Moody's Investors Service, ("Moody's") has assigned definitive ratings to the classes of residential mortgage-backed securities (RMBS) issued by Sequoia Mortgage Trust (SEMT) 2018-6. The certificates are backed by one pool of prime quality, first-lien mortgage loans, including 217 agency-eligible high balance mortgage loans. The assets of the trust consist of 613 fully amortizing, fixed rate mortgage loans, substantially all of which have an original term to maturity of 30 years except for 2 loans which have an original term to maturity of 20 years.

  • Moody'syesterday

    First Midwest Bank -- Moody's assigns Counterparty Risk Ratings to bank subsidiaries of 60 US banking groups

    Moody's Investors Service has today assigned local currency and foreign currency Counterparty Risk Ratings to the rated bank subsidiaries of 60 US banking groups. Moody's Counterparty Risk Ratings (CRRs) ...

  • Business Wire4 days ago

    Gradifi Says U.S. Employers Are Expanding Financial Wellness Programs To Help Employees Minimize Student Loan Debt

    Gradifi, a leader in employee benefits that minimize student loan debt, today said a growing number of employers are broadening their commitment to financial wellness by offering both college savings and student loan repayment benefits to employees. A dozen organizations that have been offering Gradifi’s Student Loan PayDown Plan (SLP Plan®) program have recently added Gradifi’s College SaveUp Plan (CSU Plan), which enables employers to make monthly contributions to an employee’s existing 529 college savings account. Among the employers offering both programs are 3Q Digital, Descor Builders, and Argo Translation.

  • Moody's8 days ago

    Sequoia Mortgage Trust 2017-4 -- Moody's upgrades three tranches from Sequoia Mortgage Trust 2017-4

    Moody's Investors Service has upgraded the ratings of three tranches from Sequoia Mortgage Trust 2017-4. The loans were sourced from multiple originators and acquired by Redwood Residential Acquisition Corporation ("Redwood"), a subsidiary of Redwood Trust, Inc. and conform with Redwood's guidelines. Shellpoint Mortgage Servicing and First Republic Bank are the primary servicers on the deal.

  • These 10 large Bay Area employers grew headcount the fastest over the past year
    American City Business Journals9 days ago

    These 10 large Bay Area employers grew headcount the fastest over the past year

    Among the Bay Area's 100 largest employers, these 10 companies grew headcount the most from 2017 to 2018.

  • GlobeNewswire10 days ago

    Report: Developing Opportunities within Cimarex Energy, MSCI, Prestige Brand, MGM Resorts International, Discover Financial Services, and First Republic Bank — Future Expectations, Projections Moving into 2018

    NEW YORK, June 12, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Cimarex ...

  • ACCESSWIRE15 days ago

    Breakfast Technical Briefing on Citigroup and Three Other Additional Banking Stocks

    Lined up for assessment today are the following stocks: Citigroup Inc. (NYSE: C), Comerica Inc. (NYSE: CMA), First Republic Bank (NYSE: FRC), and Sterling Bancorp (NYSE: STL). All you have to do is sign up today for this free limited time offer by clicking the link below.

  • Business Wire16 days ago

    First Republic Bank to Present at the Morgan Stanley Financials Conference

    First Republic Bank , a leading private bank and wealth management company, today announced it will present at the Morgan Stanley Financials Conference at 8:50 a.m. ET on Wednesday, June 13, 2018, at the InterContinental New York Barclay Hotel in New York City.

  • Business Wire16 days ago

    First Republic Bank Announces Pricing of $300 Million Series I Preferred Stock Offering

    First Republic Bank (“First Republic”) (FRC), a leading private bank and wealth management company, today announced the pricing of a public offering of 12,000,000 depositary shares, each representing a 1/40th interest in a share of its 5.50% Noncumulative Perpetual Series I Preferred Stock, at a public offering price of $25.00 per depositary share. First Republic intends to use the net proceeds from the offering for general corporate purposes, which may include, among other things, funding loans or purchasing investment securities for its portfolio.

  • Business Wire17 days ago

    First Republic Announces Series I Preferred Stock Offering

    First Republic Bank (“First Republic”) (FRC), a leading private bank and wealth management company, today announced a public offering of depositary shares, each representing a 1/40th interest in a share of its Noncumulative Perpetual Series I Preferred Stock, at a public offering price of $25.00 per depositary share. In addition, First Republic will grant the underwriters an option for up to 30 days to purchase additional depositary shares at the public offering price less the underwriting discount.

  • Business Wire18 days ago

    Wealth Management Team Joins First Republic in Newport Beach

    First Republic Bank , a leading private bank and wealth management company, today announced that wealth managers Vincent Lovoy, Adam MacDonald, and Todd Halbrook have joined First Republic Investment Management.

  • Business Wire21 days ago

    First Republic Bank Declares Dividends on Five Series of Perpetual Preferred Stock for Second Quarter 2018

    First Republic Bank , a leading private bank and wealth management company, today announced that it has declared cash dividends on the following outstanding series of its perpetual preferred stock.

  • Moody's22 days ago

    Sequoia Mortgage Trust 2018-6 -- Moody's assigns provisional ratings to Prime RMBS issued by Sequoia Mortgage Trust 2018-6

    Moody's Investors Service, ("Moody's") has assigned provisional ratings to the classes of residential mortgage-backed securities (RMBS) issued by Sequoia Mortgage Trust (SEMT) 2018-6. The certificates are backed by one pool of prime quality, first-lien mortgage loans, including 217 agency-eligible high balance mortgage loans. The assets of the trust consist of 613 fully amortizing, fixed rate mortgage loans, substantially all of which have an original term to maturity of 30 years except for 2 loans which have an original term to maturity of 20 years.

  • Moody'slast month

    J.P. Morgan Mortgage Trust 2017-2 -- Moody's upgrades $139 mn of Prime Jumbo RMBS issued by J.P. Morgan Mortgage Trust from 2015 to 2017

    Moody's Investors Service has upgraded the ratings of 17 tranches from four transactions issued by J.P. Morgan Mortgage Trust, backed by prime jumbo RMBS loans. The transactions are backed by first-lien, fully amortizing, fixed-rate prime quality residential mortgage loans with strong credit characteristics. J.P. Morgan Mortgage Trust 2015-6 (JPMMT 2015-6) is a securitization of 30 year, fixed-rate, fully amortizing prime residential mortgage loans.

  • Inside First Republic Bank’s culture of success
    American City Business Journalslast month

    Inside First Republic Bank’s culture of success

    First Republic has enjoyed strong growth through the years, while at the same time building a strong contingent of women in the boardroom and C-suite.

  • Business Wirelast month

    Wealth Managers Join First Republic in San Francisco and Boston

    First Republic Bank , a leading private bank and wealth management company, today announced that wealth managers Jeremy Wenner and Adam Beard have joined First Republic Investment Management.

  • Moody'slast month

    Sequoia Mortgage Trust 2018-CH2 -- Moody's assigns provisional ratings to Prime RMBS issued by Sequoia Mortgage Trust 2018-CH2

    Moody's Investors Service, ("Moody's") has assigned provisional ratings to the classes of residential mortgage-backed securities (RMBS) issued by Sequoia Mortgage Trust 2018-CH2 ("SEMT 2018-CH2"), except for the interest-only classes. The certificates are backed by one pool of prime quality, first-lien mortgage loans. SEMT 2018-CH2 is the fourth securitization that includes loans acquired by Redwood Residential Acquisition Corporation ("Redwood" or "Seller"), a subsidiary of Redwood Trust, Inc., under its expanded credit prime loan program called "Redwood Choice".

  • Moody'slast month

    Shellpoint Co-Originator Trust 2015-1 -- Moody's takes action on $91.2 Million of Prime Jumbo RMBS issued from 2015 to 2016

    Moody's Investors Service has upgraded the ratings of 33 tranches from four transactions, backed by prime jumbo RMBS loans. Oaks Mortgage Trust Series 2015-2 (OAKS 2015-2) is a securitization of fixed-rate loans sourced from multiple originators under Barclays, Credit Suisse and Five Oaks Acquisition Corp's aggregation platforms, and are serviced by Cenlar FSB ("Cenlar"), Select Portfolio Servicing, Inc. ("SPS"), Shellpoint Mortgage Servicing ("SMS"), and PHH Mortgage Corporation ("PHH"). The loans were sourced from multiple originators and acquired by Redwood Residential Acquisition Corporation ("Redwood" or "Seller"), a subsidiary of Redwood Trust, Inc. and conform with the Seller's guideline.

  • Why First Republic Bank is chasing the wealthy in Wyoming
    American City Business Journalslast month

    Why First Republic Bank is chasing the wealthy in Wyoming

    First Republic’s Wyoming ambitions may score points for timing. Last year’s federal tax overhaul capping the deduction for state and local taxes is expected to have many wealthy Californians pondering moving to a low-tax state such as Wyoming.

  • Moody's2 months ago

    Shellpoint Co-Originator Trust 2016-1 -- Moody's takes action on $91.2 Million of Prime Jumbo RMBS issued from 2015 to 2016

    Moody's Investors Service has upgraded the ratings of 33 tranches from four transactions, backed by prime jumbo RMBS loans. Oaks Mortgage Trust Series 2015-2 (OAKS 2015-2) is a securitization of fixed-rate loans sourced from multiple originators under Barclays, Credit Suisse and Five Oaks Acquisition Corp's aggregation platforms, and are serviced by Cenlar FSB ("Cenlar"), Select Portfolio Servicing, Inc. ("SPS"), Shellpoint Mortgage Servicing ("SMS"), and PHH Mortgage Corporation ("PHH"). The loans were sourced from multiple originators and acquired by Redwood Residential Acquisition Corporation ("Redwood" or "Seller"), a subsidiary of Redwood Trust, Inc. and conform with the Seller's guideline.

  • Moody's2 months ago

    J.P. Morgan Mortgage Trust 2018-4 -- Moody's assigns definitive ratings to Prime RMBS issued by J.P. Morgan Mortgage Trust 2018-4

    Moody's Investors Service, ("Moody's") has assigned definitive ratings to 23 classes of residential mortgage-backed securities (RMBS) issued by J.P. Morgan Mortgage Trust 2018-4 (JPMMT 2018-4). ...

  • Moody's2 months ago

    Sequoia Mortgage Trust 2018-5 -- Moody's assigns definitive ratings to Prime RMBS issued by Sequoia Mortgage Trust 2018-5

    Moody's Investors Service, ("Moody's") has assigned definitive ratings to the classes of residential mortgage-backed securities (RMBS) issued by Sequoia Mortgage Trust 2018-5 ("SEMT 2018-5"). ...

  • Moody's2 months ago

    WinWater Mortgage Loan Trust 2016-1 -- Moody's takes action on $115.5 Million of Prime Jumbo RMBS issued from 2015 to 2017

    Moody's Investors Service has upgraded the ratings of 30 tranches from five transactions, backed by Prime Jumbo RMBS loans. The certificates from J.P. Morgan Mortgage Trust 2015-IVR2 (JPMMT 2015-IVR2) and J.P. Morgan Mortgage Trust 2016-5 (JPMMT 2016-5) are backed by pools of prime quality, adjustable rate, first-lien mortgage loans, the majority of which were originated by First Republic Bank. First Republic Bank is the servicer, Wells Fargo Bank, N.A. is the master servicer and U.S. Bank Trust National Association is the Trustee.

  • Moody's2 months ago

    J.P. Morgan Mortgage Trust 2018-4 -- Moody's assigns provisional ratings to Prime RMBS issued by J.P. Morgan Mortgage Trust 2018-4

    Moody's Investors Service, ("Moody's") has assigned provisional ratings to 23 classes of residential mortgage-backed securities (RMBS) issued by J.P. Morgan Mortgage Trust 2018-4 (JPMMT 2018-4). The certificates are backed by 1,242 predominantly 30-year, fully-amortizing fixed rate mortgage loans with a total balance of $736,498,182 as of April 1, 2018 cut-off date. Similar to prior JPMMT transactions, JPMMT 2018-4 includes conforming fixed-rate mortgage loans (65.7% by loan balance) originated by JPMorgan Chase Bank, N. A. (Chase), loanDepot.com, LLC (LoanDepot) and Quicken Loans Inc. underwritten to the government sponsored enterprises (GSE) guidelines in addition to prime jumbo non-conforming mortgages purchased by J.P. Morgan Mortgage Acquisition Corp. (JPMMAC) from various originators and aggregators.