PreferredStockChannel

Slideshow Preferred Stock Offerings

By Preferred Stock Channel Staff, updated Sat, December 4, 3:00 AM

Slide #217. First Republic Bank Preferred Stock Offering

Company: First Republic Bank (NYSE:FRC)
Date announced: 5/31/2017
Shares Offered: 8,000,000
Date of Pricing: 5/31/2017
Price Per Share: $25.00
Preferred Stock Offering Details: First Republic Bank ("First Republic") (NYSE:FRC), a leading private bank and wealth management company, today announced a public offering of depositary shares, each representing a 1/40th interest in a share of its Noncumulative Perpetual Series H Preferred Stock, at a public offering price of $25.00 per depositary share. In addition, First Republic will grant the underwriters an option for up to 30 days to purchase additional depositary shares at the public offering price less the underwriting discount. -updated 5/31- First Republic Bank ("First Republic") (NYSE:FRC), a leading private bank and wealth management company, today announced the pricing of a public offering of 8,000,000 depositary shares, each representing a 1/40th interest in a share of its 5.125% Noncumulative Perpetual Series H Preferred Stock, at a public offering price of $25.00 per depositary share. The offering is expected to close on or about June 7, 2017, subject to the satisfaction of customary closing conditions.

First Republic Bank is a commercial bank and trust company. Co. conducts its business through two reportable business segments: Commercial Banking and Wealth Management. The principal business activities of the Commercial Banking segment are gathering deposits (retail deposit gathering and private banking activities), originating and servicing loans and investing in investment securities. The principal business activities of the Wealth Management segment include the investment management activities of Co.'s subsidiary, First Republic Investment Management, Inc., Co.'s money market mutual fund activities, trust and custody services and Co.'s foreign exchange activities.

Preferreds: FRC.PRC, FRC.PRD, FRC.PRE, FRC.PRF


Open the FRC Page at Preferred Stock Channel »

Name: 
First Republic Bank (San Francisco, CA)
Website: 
www.firstrepublic.com
Sector: 
Banking & Savings
Number of ETFs Holding FRC: 
98 (see which ones)
Total Market Value Held by ETFs: 
$6,193,658,134.28
Total Market Capitalization: 
$36,087,000,000
% of Market Cap. Held by ETFs: 
17.16%
 

Open the FRC Page at Preferred Stock Channel (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree FRC Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

Buy (2.87 out of 4)
17th percentile
(ranked lower than approx. 83% of all stocks covered)
Based on data provided by Zacks Investment Research via Quandl.com
Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference
The Top 10 DividendRank'ed U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game

Preferred Stock Offerings - Slide 217 of 573 | www.PreferredStockChannel.com

Copyright © 2010 - 2021, All Rights Reserved Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.