First Republic Bank Announces Common Stock Offering

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Go back to First Republic Bank Announces Common Stock Offering

First Republic Bank (FRC) Prices Common Stock Offering for Expected Gross Proceeds of Approximately $291.4 million

March 2, 2021 8:46 AM EST

First Republic Bank (First Republic) (NYSE: FRC), a leading private bank and wealth management company, today announced the pricing of an underwritten public offering of 1,750,000 shares of its common stock for expected gross proceeds of approximately $291.4 million before underwriting discounts and commissions and estimated offering expenses. The offering size of 1,750,000 shares of common stock represents an upsize from the... More