Ru Back Packer

Quotes delayed 20 minutes



If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Free Preferred Stock Newsletter
Gain access to weekly reports with featured preferred stock screens, new preferred stock offerings, and more.

Slideshow Preferred Stock Offerings

By Ru Back Packer Staff, updated Thursday, February 1, 3:12 AM

Slide #371. First Republic Bank Preferred Stock Offering

Company: First Republic Bank (NYSE:FRC)
Date announced: 11/15/2012
Date of Pricing: 11/15/2012
Price Per Share: $25
Preferred Stock Offering Details: First Republic Bank, a private bank and wealth management company, today announced a public offering of depositary shares, each representing a 1/40th interest in a share of First Republic's Noncumulative Perpetual Series C Preferred Stock, at a public offering price of $25.00 per depositary share. In addition, First Republic will grant the underwriters an option for up to 30 days to purchase additional depositary shares at the public offering price less the underwriting discount. First Republic expects to use the net proceeds from the offering for general corporate purposes, which may include, among other things, funding loans or purchasing investment securities for its portfolio. --updated 11/15/12 -- First Republic Bank, a private bank and wealth management company, today announced the pricing of a public offering of 6,000,000 depositary shares, each representing a 1/40th interest in a share of its 5.625% Noncumulative Perpetual Series C Preferred Stock, at a public offering price of $25.00 per depositary share. In addition, First Republic has granted the underwriters an option for up to 30 days to purchase up to an additional 900,000 depositary shares at the public offering price less the underwriting discount. First Republic expects to use the net proceeds from the offering for general corporate purposes, which may include, among other things, funding loans or purchasing investment securities for its portfolio.

First Republic Bank is a commercial bank and trust company. Co. focuses on providing personalized, relationship-based services, including private banking, private business banking, real estate lending and wealth management services, including trust and custody services. Co. conducts its business through two reportable business segments: Commercial Banking and Wealth Management. Co. provides its services in the following areas: San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach, San Diego, Portland, OR; Boston, New York City, Greenwich and Palm Beach, FL. As of Dec 31 2016, Co. had total assets of $73.28 billion and total deposits of $58.60 billion.

Preferreds: FRC.PRC, FRC.PRD, FRC.PRE, FRC.PRF


Open the FRC Page at Ru Back Packer »

Name: First Republic Bank (San Francisco, CA)
Website: firstrepublic.com
Sector: Banking & Savings
Number of ETFs Holding FRC: 60 (see which ones)
Total Market Value Held by ETFs: $1,580,140,572

Open the FRC Page at Ru Back Packer (in a new window) »

Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference

The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500

Preferred Stock Offerings - Slide 371 of 414 | rubackpacker.com | Copyright © 2011 - 2018, All Rights Reserved