FRC - FRC STOCK NEWS

First Republic Bank (NYSE:FRC) announces the addition of a seven-person wealth management team, led by Brenda Travaglini, Michael Corcoran, Dennis Murray, and Dan Gallagher, from BNY Mellon Wealth Management. Each member has significant experience in wealth management, focusing on customized solutions for various clients. This team will enhance services in Boston, offering portfolio management, retirement planning, and investment consulting. The move aims to strengthen First Republic's commitment to client service and financial objective achievement.

First Republic Bank (NYSE:FRC) announced that a new team of wealth management professionals led by Eric Yamin and Keith Caparelli has joined its Investment Management division. Both Yamin and Caparelli, now Managing Directors, will operate from Florida and New York, offering services like portfolio management and retirement planning. Their collective experience spans over 45 years, enhancing First Republic’s capability to serve high-net-worth clients. Yamin previously held roles at Morgan Stanley and Oppenheimer, while Caparelli comes from Morgan Stanley and UBS.

First Republic Bank (NYSE:FRC) announced cash dividends for its perpetual preferred stock series. The dividends include $11.75 for Series J, $10.3125 for Series K, $10.625 for Series L, $10.00 for Series M, and $11.25 for Series N. All dividends are payable on January 30, 2023, to shareholders of record as of January 13, 2023. These payments reflect the bank's ongoing commitment to returning value to its shareholders through consistent dividend distribution.

First Republic Bank (NYSE:FRC) will release its fourth quarter and full year 2022 financial results on January 13, 2023, before market open. A conference call to discuss these results will occur at 7:00 a.m. PT / 10:00 a.m. ET. Interested parties can join via telephone or listen to the live webcast through the Investor Relations section of First Republic’s website. A replay will be available for 90 days post-event.

First Republic Bank (NYSE:FRC) announced cash dividends on its preferred stock. A quarterly dividend of $12.8125 per share was declared for the Noncumulative Perpetual Series H Preferred Stock, equating to $0.3203125 per depositary share. Another quarterly cash dividend of $13.75 per share was declared for the Noncumulative Perpetual Series I Preferred Stock, amounting to $0.34375 per depositary share. Both dividends are payable on December 30, 2022, to shareholders of record as of December 16, 2022.

First Republic Bank (NYSE:FRC) announced its participation in the Goldman Sachs US Financial Services Conference scheduled for 1:00 p.m. ET on December 7, 2022. CEO Mike Roffler and COO Susie Cranston will present at the event held at the Conrad New York Downtown. The presentation will be available via a live webcast on the bank's Investor Relations website, with a replay offered for 30 days post-event. Established in 1985, First Republic specializes in private banking and wealth management, providing services mainly in California and other key locations.

First Republic Bank (NYSE:FRC) announced the addition of an eight-person team led by Jeremy McChesney, Marci Rosenfeld, Jim Morehouse, Todd Duncan, and Jessica Huang to its First Republic Investment Management division. This team, based in Palo Alto, brings extensive experience in wealth management, focusing on portfolio management, retirement planning, and investment consulting. Their arrival reflects First Republic's commitment to enhancing its services in Silicon Valley and the Peninsula to meet clients' growing needs.

First Republic Bank (NYSE:FRC) announced a new five-member wealth management team led by Marc Koch and Christopher Walters, both appointed as Managing Directors and Wealth Managers.

The team will enhance services in New York and Connecticut, focusing on portfolio management, retirement planning, and investment consulting for high-net-worth clients. Koch and Walters bring nearly a decade of experience from J.P. Morgan Wealth Management, emphasizing First Republic's commitment to exceptional client service and tailored financial solutions.

First Republic Bank (NYSE:FRC) has announced a significant expansion in its Private Wealth Management division with the addition of a nine-member team, including new Managing Directors Tim Argyres, Ted Rice, Nasser Abdulkariem, and Greg Argyres. This team, formerly of Merrill Lynch, brings over 100 years of combined wealth management experience, focusing on high net worth clients. Their expertise includes investment consulting and retirement planning, enhancing First Republic's commitment to exceptional client service in the San Francisco Bay Area.