First Republic Bank

San Francisco, United States Founded: 1985 • Age: 41 yrs Acquired By JTC
Commercial bank
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About First Republic Bank

First Republic Bank is a company based in San Francisco (United States) founded in 1985 by Jim Herbert was acquired by JTC in April 2024.. First Republic Bank has completed 2 acquisitions, including Constellation Wealth Advisors and Gradifi. First Republic Bank offers products and services including Online Banking Platform and Tax Document Services. First Republic Bank operates in a competitive market with competitors including Truist, Equity Bank, Investec, UniCredit and AMP, among others.

  • Headquarter San Francisco, United States
  • Founders Jim Herbert
  • Stage Public
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name First Republic Bank (San Francisco, California)
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
    $6.76 B
    27.55
    as on Dec 31, 2022
  • Net Profit
    $1.67 B
    12.84
    as on Dec 31, 2022
  • EBITDA
  • Latest Funding Round
    $300 M (USD), Post-IPO

    May 23, 2018

  • Investors
    J P Morgan

    & 4 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    JTC

    & 2 more

    (Apr 22, 2024)

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IPO & Listings of First Republic Bank

First Republic Bank is a publicly listed company on the OTC with ticker symbol FRCB in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OTC · Ticker: FRCB . Sector: Finance · USA

Products & Services of First Republic Bank

First Republic Bank offers a comprehensive portfolio of products and services, including Online Banking Platform and Tax Document Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for accessing financial statements and documents securely

Services for viewing and managing tax-related documents online

People of First Republic Bank
Headcount 10000+
Employee Profiles 850
Board Members and Advisors 12
Employee Profiles
People
Susan Jones
Business Analysis Group Manager
People
Jill Centella
Head, Litigation
People
Jyotirmoy Pathak
Vp, Data Science Lead
People
Irving Fallas
Private Client Advisor

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Board Members and Advisors
people
Alicia Boler Davis
Director
people
Stephen B. Burke
Director
people
Phebe N. Novakovic
Director
people
Mellody Hobson
Director

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Funding Insights of First Republic Bank

  • Total Funding
  • Total Rounds 5
  • Last Round Post-IPO — $300.0M
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2018 Amount Post-IPO - First Republic Bank Valuation

investors

May, 2017 Amount Post-IPO - First Republic Bank Valuation

investors

Jun, 2010 Amount Post-IPO - First Republic Bank Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in First Republic Bank

First Republic Bank has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include J P Morgan, GI Partners and General Atlantic. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Data infrastructure companies are targeted for private equity investments.
Founded Year Domain Location
Private equity fund focused on global markets
Founded Year Domain Location
Sequoia Capital is engaged in venture capital investments.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by First Republic Bank

First Republic Bank has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Constellation Wealth Advisors and Gradifi. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Student loan debt repayment and savings solutions are provided.
2014
Provider of wealth management services
2009
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - First Republic Bank

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

First Republic Bank Comparisons

Employees
+
Add Comparison
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Competitors of First Republic Bank

First Republic Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, Equity Bank, Investec, UniCredit and AMP, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Wealth advisory and banking services are offered to clients.
domain founded_year HQ Location
Commercial banking services are provided to businesses and individuals.
domain founded_year HQ Location
Global banking, investment, and wealth management services are offered worldwide.
domain founded_year HQ Location
Commercial bank
domain founded_year HQ Location
Commercial banking and wealth management services are offered globally.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on First Republic Bank

Frequently Asked Questions about First Republic Bank

When was First Republic Bank founded?

First Republic Bank was founded in 1985 and raised its 1st funding round 24 years after it was founded.

Where is First Republic Bank located?

First Republic Bank is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

What is the annual revenue of First Republic Bank?

Annual revenue of First Republic Bank is $6.76B as on Dec 31, 2022.

What does First Republic Bank do?

First Republic Bank is a commercial bank. Offers private banking, private business banking, and private wealth management, including investment, trust and brokerage services for individuals and businesses, including deposit services, as well as residential, commercial and personal loans. In 2020, the company recorded annual revenues of 4.6 B and a net profit of 1.2 B.In 2021, the company recorded annual revenues of 5.53B and a net profit of 1.54B.

Who are the top competitors of First Republic Bank?

First Republic Bank's top competitors include Truist, Investec and Citi.

What products or services does First Republic Bank offer?

First Republic Bank offers Online Banking Platform and Tax Document Services.

Is First Republic Bank publicly traded?

Yes, First Republic Bank is publicly traded on OTC under the ticker symbol FRCB.

How many acquisitions has First Republic Bank made?

First Republic Bank has made 2 acquisitions, including Constellation Wealth Advisors, and Gradifi.

Who are First Republic Bank's investors?

First Republic Bank has 5 investors. Key investors include J P Morgan, GI Partners, General Atlantic, JTC, and Sequoia Capital.

What is First Republic Bank's ticker symbol?

The ticker symbol of First Republic Bank is FRCB on OTC.

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