First Republic Bank: Uncertainty Prevails

Shares of First Republic Bank (NYSE:FRC) have fallen victim to the debacle around the SVB Financial Group (SIVB). Besides the similarities, that of being a regional bank and having multiple technology names as its clients, investors likely remember that as recent

A Small Intro
Since its founding in 1985, the San Francisco-based bank has been consistently profitable as it believes heavily on intimate relationships as well as great underwriting quality, with net charge-offs consistently coming in below the industry averages. Despite this discipline, the company has seen very strong growth in recent years, quickly growing its asset base.