First Republic Bank
First Republic Bank (now part of JPMorgan Chase) was a San Francisco-based regional bank with a focus on wealth management services. It employed more than 7,200 people and operated over ninety branches in 11 states including California, Florida, Massachusetts and New York. In May 2023, as part of the US banking crisis, First Republic was taken over by the FDIC and sold to JPMorgan Chase. As of December 2022, First Republic Bank had $213 billion in total assets, $176 billion in deposits, $166 billion in net loans and $18 billion in shareholders’ equity. Wealth management AUM/AUA amounted to $271 billion. The Bank’s market capitalization was $15 billion at March 10, 2023.
Credit Ratings:
(Long-term Issuer)
Moody's: Baa1
Fitch: A-
Standard & Poor's: A-
Ratings as of February 2023
Subsidiaries:
First Republic Investment Management Inc
First Republic Securities Company LLC
First Republic Trust Company
First Republic Trust Company of Delaware
Headquarters address:
111 Pine Street
San Francisco, CA 94111
United States
Phone number: (888) 408 0288
Website: www.firstrepublic.com
Last updated December 1, 2024