FRC US33616C1009

Report

Delayed Nyse - 05/27 04:04:12 pm EDT
157.41	USD		+2.79%

05/26	Wolfe Research Adjusts Price Target on First Republic Bank to $157 From $194, Keeps Outperform Rating	MT
05/10	Credit Suisse Adjusts Price Target for First Republic Bank to $170 From $187, Maintains Neutral Rating	MT
04/27	FIRST REPUBLIC BANK : Ex-dividend day for	FA

Company

Business Summary

First Republic Bank is a commercial bank organised around 2 areas of activity:

- commercial banking (96.3% of Net Banking Income);

- cash management (3.7%).

At end-2020, the Group managed USD 79.1 billion in outstanding deposits and USD 75.9 billion in outstanding loans.

Products and services are marketed through a network of 72 branches in the United States.

Number of employees : 6 295 people.

Sales per Business

	2020		2021		Delta
Commercial Banking	3 264.70	83.4%	4 075.00	80.9%	+24.82%
Wealth Management	692.22	17.7%	1 006.00	20%	+45.33%
USD in Million

Sales per region

	2020		2021		Delta
United States	3 916.78	100%	5 034.00	100%	+28.52%
USD in Million

Managers

Name	Title	Age	Since
Michael Roffler	President, Chief Executive Officer & Director	50	2022
Olga Tsokova	Chief Financial & Accounting Officer, Senior VP	47	2022
James Hughes	Chief Information Officer & Executive VP	63	2017
Mollie Richardson	CAO & Chief People Officer, Senior Vice President	-	2016
Edward J. Dobranski	Secretary, Executive VP & General Counsel	70	2012
Shannon Houston	Chief Marketing & Communications Officer, SVP	-	2018
David B. Lichtman	Chief Credit Officer & Senior Executive VP	57	-
Michael Selfridge	Chief Banking Officer & Senior Executive VP	53	2016
Michele Celestino	Senior Managing Director-New York Region	-	2001
William D. Ward	Executive Vice President	-	2014

Members of the board

Name	Title	Age	Since
James Herbert	Executive Chairman	76	2022
Frank J. Fahrenkopf	Independent Director	81	2008
George Parker	Independent Director	82	2022
Pamela J. Joyner	Independent Director	63	2012
Sandra Rae Hernández, Dr.	Independent Director	62	2013
Reynold Levy, Dr.	Lead Independent Director	75	2022
Boris Groysberg, Dr.	Independent Director	49	2015
Katherine August-deWilde	Vice Chairman	73	2016
Roger Walther	Chairman	85	1985
Michael Roffler	President, Chief Executive Officer & Director	50	2022

Equities

	Vote	Quantity	Free-Float		Company-owned shares		Total Float
Stock A	1	179,657,145	178,445,356	99.3%	0	0.0%	99.3%

Shareholders

Name	Equities	%
The Vanguard Group, Inc.	18,756,187	10.4%
SSgA Funds Management, Inc.	10,019,213	5.58%
GI Manager LP	7,777,934	4.33%
Capital Research & Management Co. (International Investors)	7,593,108	4.23%
RBC Global Asset Management (UK) Ltd.	5,166,625	2.88%
Select Equity Group LP	5,004,573	2.79%
Alecta Pension Insurance Mutual	4,773,312	2.66%
BlackRock Fund Advisors	3,803,534	2.12%
Capital Research & Management Co. (Global Investors)	3,583,413	2.00%
Geode Capital Management LLC	3,411,332	1.90%

Name	Equities	%
BlackRock Fund Advisors	643,716	8.05%
Invesco Capital Management LLC	389,659	4.87%
Spectrum Asset Management, Inc.	25,021	0.31%
Vident Investment Advisory LLC	18,851	0.24%
Fidelity Management & Research Co. LLC	15,000	0.19%
Howard Capital Management, Inc. (California)	12,000	0.15%
American Century Investment Management, Inc.	9,660	0.12%
Invesco Advisers, Inc.	8,276	0.10%
Crow Point Partners LLC	5,000	0.063%
Cohen & Steers Capital Management, Inc.	2,582	0.032%

Name	Equities	%
BlackRock Fund Advisors	928,914	7.74%
Invesco Capital Management LLC	872,748	7.27%
SSgA Funds Management, Inc.	178,771	1.49%
Global X Management Co. LLC	169,076	1.41%
D. L. Carlson Investment Group, Inc.	51,900	0.43%
Vident Investment Advisory LLC	27,085	0.23%
BMO Asset Management, Inc.	16,122	0.13%
Invesco Advisers, Inc.	13,189	0.11%
City National Rochdale LLC	10,000	0.083%
Bramshill Investments LLC	7,563	0.063%

Name	Equities	%
BlackRock Fund Advisors	1,562,103	7.81%
Invesco Capital Management LLC	1,447,124	7.24%
Guggenheim Partners Investment Management LLC	1,325,200	6.63%
Janus Henderson Investors US LLC	753,800	3.77%
SSgA Funds Management, Inc.	296,318	1.48%
Global X Management Co. LLC	296,091	1.48%
Stonebridge Advisors LLC	182,939	0.91%
Fidelity Management & Research Co. LLC	169,925	0.85%
Security Investors LLC	116,825	0.58%
Penserra Capital Management LLC	60,623	0.30%

Name	Equities	%
BlackRock Fund Advisors	2,329,270	7.79%
Invesco Capital Management LLC	2,158,865	7.22%
Guggenheim Partners Investment Management LLC	1,380,000	4.62%
Teachers Advisors LLC	565,000	1.89%
TIAA-CREF Investment Management LLC	490,000	1.64%
Global X Management Co. LLC	446,572	1.49%
SSgA Funds Management, Inc.	443,229	1.48%
Fidelity Management & Research Co. LLC	233,000	0.78%
Penserra Capital Management LLC	60,390	0.20%
Invesco Advisers, Inc.	34,359	0.11%

Name	Equities	%
BlackRock Fund Advisors	2,336,908	7.79%
Manulife Investment Management (US) LLC	1,279,375	4.26%
Stonebridge Advisors LLC	997,025	3.32%
Cohen & Steers Capital Management, Inc.	709,395	2.36%
Invesco Capital Management LLC	671,791	2.24%
SSgA Funds Management, Inc.	444,756	1.48%
Global X Management Co. LLC	433,018	1.44%
Eaton Vance Management	411,268	1.37%
Teachers Advisors LLC	300,000	1.00%
Spectrum Asset Management, Inc.	276,146	0.92%

Name	Equities	%
BlackRock Fund Advisors	2,305,575	7.79%
Invesco Capital Management LLC	1,984,893	6.71%
Guggenheim Partners Investment Management LLC	1,823,200	6.16%
Cohen & Steers Capital Management, Inc.	1,062,903	3.59%
SSgA Funds Management, Inc.	438,771	1.48%
Global X Management Co. LLC	414,974	1.40%
Parnassus Investments LLC	200,000	0.68%
Guggenheim Funds Investment Advisors LLC	200,000	0.68%
Fidelity Management & Research Co. LLC	141,700	0.48%
Infrastructure Capital Advisors LLC	100,077	0.34%

Markets and indexes

- Main Market

- S&P 500 /

Stock Exchange Codes


- Bloomberg Code :
- Reuters Code :	FRC.N
- Datastream Code :

Company contact information

First Republic Bank
2nd Floor, 111 Street Pine
CA 94111 San Francisco, California

Phone : +1 (415) 392 1400
Fax :
web site : https://www.firstrepublic.com

Brand Portfolio

In partnership with

Allbrands.markets

More brands of First Republic Bank

Sector

Financials
	Banking & Investment Services
		Banking Services
			Banks
				Commercial Banks

Sector Commercial Banks

		1st jan.	Capi. (M$)
	FIRST REPUBLIC BANK	-27.84%	27 517


AGRICULTURAL BANK OF CHINA LIMITED	11.19%	156 219
POSTAL SAVINGS BANK OF CHINA CO., LTD.	8.96%	72 410
PT BANK CENTRAL ASIA TBK	1.03%	62 135
INDUSTRIAL BANK CO., LTD.	2.57%	60 629
QATAR NATIONAL BANK (Q.P.S.C.)	1.54%	53 280
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED	-6.83%	50 587
CRÉDIT AGRICOLE S.A.	-11.09%	35 064
CHINA CITIC BANK CO., LTD.	10.65%	30 600
JAPAN POST BANK CO.,LTD.	-6.92%	28 931
FIFTH THIRD BANCORP	-11.34%	25 687
CHINA EVERBRIGHT BANK COMPANY LIMITED	-5.72%	23 415
CHINA MINSHENG BANKING CORP., LTD.	-1.54%	23 412
BANK OF NANJING CO., LTD.	24.67%	16 970
STANDARD BANK GROUP LIMITED	16.10%	16 562
QATAR ISLAMIC BANK (Q.P.S.C.)	32.30%	16 000
BANK OF BEIJING CO., LTD.	0.00%	13 965
BANK LEUMI LE-ISRAEL B.M.	-2.33%	13 733
BANK OF SHANGHAI CO., LTD.	-10.10%	13 523
BANK ALBILAD	38.37%	13 102
BANK HAPOALIM B.M.	-5.11%	12 030

Sector Commercial Banks

Connections : First Republic Bank

FIRST REPUBLIC BANK