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Oil, earnings lift marketsMarkets drift despite strong tech earningsMarkets weaken despite earnings beatsThis summary was created by AI, based on 3 opinions in the last 12 months.
The experts have varying opinions on First Republic Bank (FRC-N). No. 1 highlights the company's diverse range of banking and wealth management services, while social media mentions have spiked. No. 2 dismisses the impact of regional banks' woes on FRC's performance, indicating market resilience. However, No. 3 expresses concern over FRC's declining shares and doubts about potential government rescue efforts. Overall, the company's stability and future profitability are in question amidst market uncertainties.
Who cares? Their woes effect only FRC. We're past the point of the impact of other regional banks. The market has moved on.
Either the FIDC steps in or FRC becomes a zombie bank. Even if it survives as a zombie, FRC will pay so much interest that there won't be profits.
She bought it as it spiked 50% (good), then the next day it fell (bad). It was a very small position. She expected the bank's deposits position to be contained, but it didn't.
Down 25% this morning and shares halted. The situation is changing constantly. He's watching it. Depositers are safe. Who will the bank merge with, etc? He has sold part of his position to a small holding. He will eventually decide whether to keep it or dump it.
Down 25% this morning and shares halted. She owns a very small position, picking up some last week, but selling this week. The fear factor is the reason.
Share price has reacted to SVB news. If you want more safety, go to the bigger cap banks either in the US (JPM, BAC) or Canada, where our oligopoly structure is attractive.
San Francisco based with a huge exposure to silicon valley. A mid-cap bank. They have grown loans and deposits by 20% each over the last 20 years. They just closed an acquisition that is attractive. They grow two to three times as fast as the typical US bank.
(Top Pick Jun 3/14, Up 24.02%) A fabulous bank. A bank you can own for a long, long time. There is speculation they might get taken out. Last year they announced they would pass 50 Billion in assets, but that meant absorbing a lot of costs to manage themselves. This was a buying opportunity. They need to beef up their reporting requirements. Silicon valley, California.
He favours the regional banks right now, because from a regulatory point of view, the glare from Washington is directly on the money centered banks. That’s a negative pressure which is actually bringing down the earnings. This is not a bad bank, but he favours others.
Doesn’t know this bank well, but obviously the US banking sector is in rebound mode. To the extent that this bank is participating in that, you are probably going to be okay. Very attractive looking chart. The recent drop is probably a temporary thing.
His favourite bank in the US. San Francisco-based, and half their business is in San Francisco and Silicon Valley area. In general, a great way to invest in high net worth households across the US. They are in 5 core geographic areas in the US. 55% of high net worth households reside in those areas. Their average customer has got $13 million. In the last 10 years, their loan book has grown at 21% a year, and deposits have also grown at 21% year. Net losses since the mid-80s, is .16 of 1%, a very low, low number. Thinks they can grow earnings low to mid teens over the next few years. Yield of 1.08%.
First Republic Bank is a American stock, trading under the symbol FRC-N on the New York Stock Exchange (FRC). It is usually referred to as NYSE:FRC or FRC-N
In the last year, there was no coverage of First Republic Bank published on Stockchase.
First Republic Bank was recommended as a Top Pick by on . Read the latest stock experts ratings for First Republic Bank.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
0 stock analysts on Stockchase covered First Republic Bank In the last year. It is a trending stock that is worth watching.
On 2023-04-28, First Republic Bank (FRC-N) stock closed at a price of $3.51.
First Republic Bank engages in the provision of private banking, business banking, real estate lending, and wealth management, including trust and custody services. It operates through the Commercial Banking and Wealth Management segments. The Commercial Banking segment represents most of the operations, including real estate secured lending, retail deposit gathering, private banking activities, mortgage sales and servicing, and managing capital, liquidity, and interest rate risk. The Wealth Management segment consists of the investment management activities of FRIM, First Republic Trust Company, FRTC Delaware, mutual fund activities through third-party providers, the brokerage activities of FRSC, and foreign exchange activities conducted on behalf of clients. The company was founded by James H. Herbert II in February 1985 and is headquartered in San Francisco, CA. Social media mentions are up 1200% in the past 24h.