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FRBK News and Press, Republic First Bancorp Inc. From 03/11/23

Stock Information

Company Name: Republic First Bancorp Inc.
Stock Symbol: FRBK
Market: OTC
Website: myrepublicbank.com

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FRBK - JPS: High Concentration To Regional Bank Preferred Securities

2023-03-11 00:22:50 ET Summary JPS is a fixed income closed end fund from the Nuveen family. The CEF has a high concentration to national and regional banks' preferred equities. The CEF runs a high leverage ratio of 38% which will magnify any potential losses. With Silverg...

FRBK - SVB Financial, First Republic Bank, Signature Bank among financials losers

2023-03-10 12:00:12 ET Gainers: HCI Group ( HCI ) +12% . Heritage Global ( HGBL ) +11% . Republic First Bancorp ( FRBK ) +8% . The Real Brokerage ( REAX ) +6% . Iris Energy ( IREN ) +5% . Losers: SVB Financial ( SIV...

FRBK - Republic First Bancorp to raise $125M equity to drive profitability

2023-03-10 07:08:14 ET Republic First Bancorp ( FRBK ) has entered agreement with certain investors for a private placement of equity securities of $125M at a purchase price of $2.25 per share. The capital raise is intended to support the company’s execution of a s...

FRBK - Republic First Announces $125 Million Equity Capital Raise to Support Execution of Strategic Plan to Drive Profitability and Enhance Shareholder Value

Affiliates of Castle Creek Capital to Lead Investment Round at a Purchase Price of $2.25 Per Share of Common Stock Equivalent Securities Company to Benefit From Director or Board Observer Identified by Affiliates of Castle Creek, a Leading Community Bank Investor Republic First ...

FRBK - Republic First Bancorp reiterates that activist Norcross refuses to negotiate

Republic First Bancorp ( NASDAQ: FRBK ) reiterated that activist investor George E. Norcross III, Avery Conner Capital Trust and others  refuse to sign a standard non-disclosure agreement to participate in its strategic review process . Republic First Bank fell 2.6%. The ...

FRBK - Republic First Addresses Norcross-Braca Group's Unwillingness to Participate in the Company's Full and Fair Strategic Review

Believes Group is Running a Disruptive and Self-Serving Campaign to Position Mr. Norcross to Make a Control-Like Investment on His Preferred Terms and Rushed Timeline Reiterates Republic First’s New Leadership is Taking Decisive Action to Support Long-Term Value Creation ...

FRBK - Republic Bank Appoints Michael LaPlante as Senior Vice President, Chief Accounting Officer

PHILADELPHIA, Jan. 20, 2023 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK) (the “Company”), the parent company of Republic First Bank d/b/a Republic Bank (the "Bank"), today has announced the appointment of Michael LaPlante as Senior Vice President, Chief Ac...

FRBK - Republic First Bancorp shares slide after receiving notice of non-compliance from Nasdaq

Nasdaq notifies Republic First Bancorp ( NASDAQ: FRBK ) of non-compliance with its listing rules after failing to hold an annual meeting of shareholders no later than one year after the end of the company’s fiscal year-end. Earlier on Nov.10, Nasdaq Hearings Panel had grant...

FRBK - Republic First Bancorp, Inc. Receives Notice of Non-Compliance From Nasdaq

PHILADELPHIA, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK) (the “Company”), the holding company for Republic First Bank d/b/a Republic Bank, announced that on January 3, 2023, the Company received written notification from the Listing Qualifications ...

FRBK - Republic First Bancorp hires Thomas Geisel as CEO

Republic First Bancorp ( NASDAQ: FRBK ) said Thursday it appointed Thomas Geisel as CEO , president and member of the board, effective immediately. Geisel most recently as president of corporate banking at Webster Bank (formally called Sterling National Bank). Michael Harringt...

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