FRC News and Press, FIRST REPUBLIC BANK From 07/06/20

First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that it has declared a cash dividend of $11.75 per share on its Noncumulative Perpetual Series J Preferred Stock. This dividend equals $0.293750 per depositary share, each representing 1/40 t...

First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced it will release second quarter 2020 financial results before the market opens on Tuesday, July 14, 2020. First Republic Bank will conduct a conference call to discuss the results at 7:00 a....

Rising COVID-19 cases in Texas, Florida, California, Arizona, and Georgia may portend "significant stress" for businesses in those regions, especially if governors suspend or backtrack on reopening plans. More news on: Bank of America Corporation, Wells Fargo & Company, JPMorgan Chase ...

The economy has fallen into a recession for the first time in more than a decade amid the COVID-19 pandemic. Banks have been hit particularly hard, dealing with 0% benchmark interest rates and high credit losses. As we approach the end of the second quarter, the markets remain uncertain and gro...

Bear-case scenarios for mid-cap banks were accelerated due to the economic impact from COVID-19, which means that it will be "tough" to see valuation expansion amid a lack of clarity in credit quality while the rate environment is the "worst in recent history," Well Fargo analysts led by Jar...

  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 $14.25 per share was declared on its Non...

First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that Steve Condos, Kenneth Morris, Fortune S. Macri III, and Jared Katzman have joined First Republic Investment Management. Condos and Morris were each named Managing Director and Weal...

First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that senior wealth managers Brian Zakrocki and Joseph Wladyka have joined First Republic Investment Management in New York. Zakrocki and Wladyka each have been appointed Managing Direct...

Introduction The Dividend Champions list is a monthly compilation of companies which have consistently increased their annual dividend payouts, and the latest edition may be found here . However, since this list is only produced once per month, the data in it can quickly get out of date. Fu...

Imagine you ran a company that paid regular dividends to shareholders. If you were deeply worried about the future of your company, would you increase your dividend? The obvious answer is 'no'. Any executive deeply worried about the future is also concerned about their company's ability ...