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FRC - First Republic Bank: Why I Am Sticking To My Investment
March, 25 2023 11:28 PM
FIRST REPUBLIC BANK
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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