FRC News and Press, FIRST REPUBLIC BANK From 03/19/23

2023-03-19 04:02:05 ET Summary PacWest Bancorp experienced substantial deposit outflows following their March 10 update. In this article, we dissect the numbers for investors to assess. The bank has seemingly tapped into substantial backup liquidity capacity to curb uninsured depo...

2023-03-18 10:27:00 ET The financial stocks that slid the most this week featured regional lenders as traders worried about the health of the banking space after the twin failures of Silicon Valley Bank and Signature Bank, while a cryptocurrency exchange was marked as the biggest gainer...

2023-03-18 09:33:00 ET Summary In a simple and elegant way, the large banks may have found a way to restore confidence in the U.S. banking system. In total, the banks will deposit $30 billion in First Republic, with an initial term of 120 days at prevailing market rates. The b...

2023-03-18 09:00:00 ET Summary Jane's retirement accounts generated a total of $1,846.54 of dividend income for February 2023 vs. $1,331.63 of dividend income for February 2022. Jane's Traditional IRA had a balance of $427.1K as of February 28, 2023, vs. $430.5K on February 28, 20...

2023-03-18 02:17:21 ET Summary The filing reads bullish that First Republic Bank received $30Bn deposits and strong support from major banks. Contrary to the bullish headline, I think this is a concerning filing from many aspects. I provide my analysis by examining its assets ...

2023-03-17 17:38:50 ET First Republic ( NYSE: FRC ) shares slid 12% in Friday after-hours trading after a media report that the struggling lender is in talks to raise capital from other banks or private equity firms through the issuance of new shares. The after-hours sto...

2023-03-17 14:10:36 ET Market confidence is low as stocks look to close a largely turbulent week, especially around the finance and banking sector. The benchmark index S&P 500 is indeed down 1% and the Dow Jones Industrial Average has shed close to 400 points. Shares of ...

2023-03-17 13:33:33 ET Summary The Charles Schwab Corporation has seen its valuation decline almost 30% since March 8, 2023. The brokerage has a strong liquidity position and a healthy franchise in the financial services market. The company also continued to attract new deposit in...

2023-03-17 13:26:24 ET J.P. Morgan analyst Steven Alexopoulos not only maintained his Overweight rating on First Republic Bank ( NYSE: FRC ) after a group of the U.S.'s largest banks agreed to place $30B of uninsured deposits at the struggling lender but keeps FRC his top pick a...

2023-03-17 12:48:37 ET Shares of First Republic Bank ( NYSE: FRC ) are down over 20% on Friday after a Wedbush Securities’ analyst turned super bearish on the regional players. First Republic stock downgraded to neutral Last night, a consortium of financial behemoths ...