FRC News and Press, FIRST REPUBLIC BANK From 04/29/23

2023-04-29 04:00:00 ET Summary The S&P 500 EPS upside surprise rate is way strong in Q1 ’23. There is only one sector that isn’t beating the estimates and that’s Real Estate with a -0.9% downside surprise rate. No question the bearish expectations head...

2023-04-29 02:32:02 ET Summary First Republic Bank reported major deposit withdrawals for the first-quarter on April 24, 2023. The bank is looking at asset sales to repair its balance sheet or try to sell itself to a top tier bank. Book value discount reflects that the market ...

2023-04-28 16:51:11 ET First Republic Bank ( NYSE: FRC ) stock dropped 51.3% more in Friday after-hours trading as the U.S. federal Deposit Insurance Corp. prepares to place the embattled regional lender into receivership imminently, Reuters reported, citing a person famil...

2023-04-28 15:00:41 ET Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar ...

2023-04-28 14:10:48 ET The trouble with regional banks continues. Shares of First Republic Bank (NYSE: FRC) collapsed by over 70% this week, according to data from S&P Global Market Intelligence . The lender reported poor first-quarter earnings with massive deposit outflows ...

2023-04-28 12:57:41 ET Shares of First Republic (NYSE: FRC) had dropped by more than 46% as of 11:41 a.m. ET today after media outlets reported that the embattled bank might be placed into receivership by the Federal Deposit Insurance Corporation (FDIC). Citing anonymous sources...

2023-04-28 12:02:06 ET Gainers: AGBA Group Holding ( AGBA ) +149% . Top KingWin ( TCJH ) +52% . Siebert Financial ( SIEB ) +32% . Sentage Holdings ( SNTG ) +32% . Tian Ruixiang Holdings ( TIRX ) +25% . Losers: Fir...

2023-04-28 10:43:05 ET First Republic Bank ( NYSE: FRC ) stock resumed its downward trajectory, sinking 23% in Friday morning trading, after a media report that that Federal Deposit Insurance Corp. receivership is the most likely scenario for the struggling bank. Earlier F...

2023-04-28 08:40:00 ET First Republic Bank 's (NYSE: FRC) first-quarter earnings results came in worse than expected. While the headline numbers beat analyst estimates for the quarter, which had been significantly revised downward, deposits came in worse than anticipated and there s...

2023-04-28 07:17:19 ET Listen on the go! Subscribe to Wall Street Breakfast on Apple Podcasts and Spotify Cloudy outlook erases Amazon's ( AMZN ) big post-earnings gains. Pinterest ( PINS ) falls 6% as Q1 beats, but Q2 costs ramp higher. Snap ...