FRC News and Press, FIRST REPUBLIC BANK From 01/10/22

First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that Stephen Stabile and Adam Hirsch have joined First Republic Investment Management in New York. Stabile and Hirsch were each named Managing Director and Wealth Manager. They ...

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 $11.75 per share was declared on its Noncumula...

Hafize Gaye Erkan Resigns from First Republic to Pursue Other Opportunities; Korn Ferry Engaged for Continued CEO Succession Planning First Republic Bank Reports Selected Fourth Quarter and Full Year 2021 Preliminary Unaudited Financial Information First Republ...

First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced it will release fourth quarter and full year 2021 financial results before the market opens on Friday, January 14, 2022. First Republic Bank will conduct a conference call to discus...

Wedgewood Partners’ 13F portfolio value increased ~3% from ~$690M to ~$709M this quarter. They added UnitedHealth and increased Taiwan Semi while reducing Starbucks, Keysight Technologies, and Alphabet. Their top five positions are at 37% of the overall portfolio. For...

The forty largest banks in the U.S. saw their stock prices appreciate by 34% on average YTD 2021, eclipsing the 25% price gain for the S&P. Bank analysts are bullish for 2022, looking for an average price gain of 18% for the 40 banks. Analysts expect their top five banks to se...

Wallace Weitz's 13F portfolio value increased from $2.37B to $2.39B this quarter. The number of positions decreased from 60 to 58. Weitz Investment Management increased Dun & Bradstreet Holdings during the quarter. The top three positions are Alphabet, Berkshire Hathaway, and ...

JPMorgan analyst Steven Alexopoulos upgrades Synovus Financial (SNV -1.3%) to Overweight and Comerica (CMA -0.4%) to Neutral as he reassesses regional banks, advising investors to become more selective in their exposure. “While the backdrop in 2022 should remain directionally favorable...

First Republic Bank's (FRC -1.2%) board announced leadership transitions effective Jan. 1, 2022. Founder, Chairman and Co-CEO Jim Herbert will take a medical leave of absence from his executive position in response to a recent medical recommendation regarding a coronary health issue...

Jim Herbert to Take Leave of Absence; Mike Roffler Named President First Republic Bank’s (NYSE:FRC) Board of Directors today announced leadership transitions effective January 1, 2022. Founder, Chairman and Co-CEO Jim Herbert will take a medical leave of absen...