On Monday after the US stock market closed, First Republic Bank （ $First Republic Bank (FRC.US)$ ） released its first-quarter results. Due to a sharp decline in deposits overshadowing the bank's better-than-expected profits, the stock tumbled more than 22% in after-hours trading.
Highlights
First-quarter 2023 revenues were $1.2 billion, which is down 13.4% year-...

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V

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