First Republic Bank, founded in 1985 and headquartered in San Francisco, California, operates with a mission to provide exceptional banking services and personalized financial advice to its clients. The bank specializes in private banking, wealth management, and real estate lending, serving high-net-worth individuals and businesses in major urban markets across the U.S.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| FRC 4.38% 2046-08-01 USDFirst Republic Bank | United States | 2046-08-01 | 4.375 | 635.23 |
| FRC 4.63% 2047-02-13 USDFirst Republic Bank | United States | 2047-02-13 | 4.625 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its establishment, First Republic Bank has been active in the bond market, beginning its bond issuance program in the late 1990s. Notable issuances include a significant $1 billion bond offering in 2020, supporting its strategic expansion and operational resilience during the pandemic. As of October 2023, the bank's bonds yield approximately 4.2%, relatively competitive compared to the industry average of 4.5%. First Republic Bank's bonds often feature callable options, providing flexibility in management of its debt. Recent news has emphasized the bank’s continued focus on maintaining strong credit ratings amid changing market conditions.