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home / news releases / FRC - First Republic Bank: Why I Am Sticking To My Investment


FRC - First Republic Bank: Why I Am Sticking To My Investment

2023-03-25 23:28:04 ET

Summary

  • The Fed’s liquidity measures have so far worked to prevent further deposit runs.
  • A serious of 8K disclosures lately were meant to calm investors, but investors remain on edge.
  • According to a WSJ report, First Republic Bank may have lost $70B in deposits lately.
  • FRC remains a high-risk, high-potential community bank stock, and I am reaffirming my speculative buy rating.

For further details see:

First Republic Bank: Why I Am Sticking To My Investment
Stock Information

Company Name: FIRST REPUBLIC BANK
Stock Symbol: FRC
Market: NYSE
Website: firstrepublic.com

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