Preferred Stock Channel
First Republic Bank (San Francisco, CA) | 5.50% Noncumulative Perpetual Series D Preferred Stock (FRC.PRD)

This preferred is marked as having been called.
Prospectus excerpt:  Issuer: First Republic Bank

Security: Depositary Shares, each representing a 1/40th interest in a share of First Republic Bank 5.50% Noncumulative Perpetual Series D Preferred Stock

Expected Ratings: Baa3 (Moody∆s) / BBB (S&P)**

Size: $175,000,000 (7,000,000 Depositary Shares)1 Liquidation Preference: $1,000 per share of Series D Preferred Stock (equivalent to $25.00 per Depositary Share)

Term: Perpetual

Dividend Rate (Non-Cumulative): 5.50%

Dividend Payment Dates: March 30, June 30, September 30 and December 30, commencing June 28, 2013

Day Count: 30/360

Trade Date: April 16, 2013

Settlement Date: April 23, 2013

Optional Redemption: In whole or in part, from time to time, on or after June 29, 2018, or in whole but not in part, at any time within 90 days following a regulatory capital treatment event (subject to limitations described in the Preliminary Offering Circular dated April 16, 2013)

Full Prospectus PDF », FRC Page »

Series:D
Alternate symbology:FRC-D, FRC-PD, FRCprD
Redeemable?:Yes
Call Date:6/29/2018 (Now Trading Post Call Date)
Perpetual?:Yes
Cumulative?:No
Shares Offered:7,000,000
Overallotment:1,000,000
Liquidation Preference:$25
Original Coupon:5.50%
Pay Period:Quarterly
Pay Dates:30-Mar, 30-Jun, 30-Sep, 30-Dec
CDx3 Compliance Rating: Learn FRC.PRD's Rating
First Republic Bank is a commercial bank and trust company. Co. provides private banking, private business banking and private wealth management, including investment, trust and brokerage services. Co. conducts its business through two segments: Commercial Banking and Wealth Management. The principal business activities of the Commercial Banking segment include gathering deposits, originating and servicing loans and investing in investment securities. The principal business activities of the Wealth Management segment include the investment management activities of Co.'s subsidiary, First Republic Investment Management, Inc., which manages investments for individuals and institutions.

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


Open the FRC Information Page »
Name:  First Republic Bank (San Francisco, CA)
Website:  www.firstrepublic.com
Sector:  Banking & Savings
Number of ETFs Holding FRC:  94 (see which ones)
Total Market Value Held by ETFs:  $3,983,905,883.88
Total Market Capitalization:  $23,444,000,000
% of Market Cap. Held by ETFs:  16.99%

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 U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game
Quotes delayed 20 minutes

Email EnvelopeFree Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

First Republic Bank (San Francisco, CA) | 5.50% Noncumulative Perpetual Series D Preferred Stock (FRC.PRD) Information Page | Preferred Stock Channel | www.PreferredStockChannel.com | Copyright © 2011 - 2023, All Rights Reserved

Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.