FRC News and Press, FIRST REPUBLIC BANK From 03/10/23

2023-03-10 15:41:25 ET First Horizon ( NYSE: FHN ), which is in the middle of sale to TD Bank ( NYSE: TD ), fell 4% as bank stocks tanked in the wake of the collapse of SVB Financial Group. TD Bankfell 2%. First Horizon's minor drop pales in comparison to other b...

2023-03-10 14:28:55 ET Here we go again. Following serious drubbings on Thursday, several bank stocks are losing lots of ground again today. Shares of PacWest Bancorp (NASDAQ: PACW) , Signature Bank (NASDAQ: SBNY) , and First Republic Bank (NYSE: FRC) are down 33%, 2...

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...

2023-03-10 08:39:27 ET SVB Financial SIVB -66% after announcing a balance sheet restructuring meant to prepare for higher interest rates . Allbirds BIRD -19% on Q4 earnings release . First Republic Bank FRC -16% Bank stocks tank after SVB Financial reposi...

2023-03-10 07:01:00 ET Summary Regional banks endured their worst day in nearly three years on Thursday amid fears of PE and VC banking contagion. I see value in shares of First Republic Bank given the strong portfolio and history of weathering market turmoil. While I acknowle...

2023-03-09 17:52:19 ET Entrenched concerns about the Federal Reserve weighed on stocks again on Thursday, as the major U.S. equity averages resumed losses seen earlier in the week. With investors looking ahead to Friday's monthly employment report, the S&P 500 dropped 1.9%. Financia...

2023-03-09 12:20:59 ET Shares of First Republic (NYSE: FRC) have fallen more than 13% as of 12:02 p.m. ET today for no obvious reason, although I'm guessing it's related to the massive sell-off at SVB Financial (NASDAQ: SIVB) , the parent company of Silicon Valley Bank. ...

2023-03-09 11:59:27 ET Gainers: Angel Oak Mortgage ( AOMR ) +6% . Harbor Custom Development ( HCDI ) +5% . Losers: SVB Financial Group ( SIVB ) -42% . Silvergate Capital ( SI ) -20% . PacWest Bancorp ( PACW ) -17% .&#x...

First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that a six-person team led by Alexander Kadish, Nicholas Davey and J.P. Garofalo has joined First Republic Investment Management. Kadish and Davey were each named Managing Director and Weal...

First Republic Bank (NYSE:FRC), 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. A quarterly cash dividend of $12.8125 per share was declared on its Noncumulative P...