Company Overview
First Republic Bank, together with its subsidiaries, provides private banking, private business banking, and private wealth management services to clients in metropolitan areas in the United States. It operates in two segments, Commercial Banking and Wealth Management. The company accepts deposit products, such as noninterest-bearing checking, interest-bearing checking, money market checking accounts, money market savings accounts, and passbook accounts, as well as certificates of deposit. It also offers a range of lending products that comprise residential mortgage loans, home equity lines of credit, multifamily loans, commercial real estate and construction loans, personal and business loans, single family construction loans, and other loans and lines of credit to businesses and individuals. The company's loans are secured by single family residences, multifamily buildings, and commercial real estate properties. In addition, it provides wealth management services, which include various investment strategies and products, online investment management, trust and custody, full service and online brokerage, financial and estate planning, and access to alternative investments, as well as investing, insurance, and foreign exchange services. Further, the company offers online and mobile banking services; refinancing services; and ATM and debit cards. As of December 31, 2021, it offered its services through 82 licensed deposit taking offices primarily in the San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach and San Diego, California; Portland, Oregon; Boston, Massachusetts; Palm Beach, Florida; Greenwich, Connecticut; New York, New York; and Jackson, Wyoming. It also has 12 additional offices that offer lending, wealth management, or trust services. First Republic Bank was founded in 1985 and is headquartered in San Francisco, California.
Company Information
- CEO
- Michael J. Roffler
- Sector
- Financial Services
- Industry
- Banks - Regional
- Employees
- 7213
Contact Information
- Address
- 111 Pine Street
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Financial Services leader with 653.63M market capitalization
- Trading Volume: 0 shares traded today
- Price Range: 52-week range of $0.27 - $16.36
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for First Republic Bank
First Republic Bank (FRC) operates in the Banks - Regional industry within the Financial Services sector. With a current market capitalization of 653.63M, the company represents a significant player in its market. The stock is currently trading at $3.51 with a positivedaily change of 0.00%.
The company's 7213 employee base and presence on the New York Stock Exchangeexchange position it as a Financial Services sector leader. Investors should consider the stock's P/E ratio of 0.43, beta of 1.01, and 52-week price range from $0.27 to $16.36when evaluating investment opportunities.
Why Invest in First Republic Bank?
Strengths
- • Established market presence in Financial Services
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Michael J. Roffler
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Financial Services Sector
The Financial Services sector includes companies that provide banking, insurance, investment, and other financial services to consumers and businesses.