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FRBK Republic First Bancorp
- 0.010
- 0.0000.00%
15min DelayClose Aug 28 16:00 ET
704.11KMarket Cap0.05P/E (TTM)
0.000High0.000Low0Volume0.000Open0.010Pre Close0.00Turnover0.00%Turnover Ratio0.03P/E (Static)70.41MShares0.20052wk High0.00P/B573.25KFloat Cap0.00052wk Low--Dividend TTM57.32MShs Float12.945Historical High--Div YieldTTM0.00%Amplitude0.000Historical Low--Avg Price1Lot Size
Republic First Bancorp Stock Forum
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U.S. regulators have seized Republic First Bancorp $Republic First Bancorp (FRBK.US)$ and agreed to sell it to Fulton Bank, underscoring the challenges facing regional banks a year after the collapse of three peers.
Republic Bank had about $6 billion in total assets and $4 billion in total deposits, as of Jan. 31, 2024. The FDIC estimated the cost of the failure to its fund will be $667 million.
Apart from deposits, Republic also had borrowings and other liabilities of appro...
Republic Bank had about $6 billion in total assets and $4 billion in total deposits, as of Jan. 31, 2024. The FDIC estimated the cost of the failure to its fund will be $667 million.
Apart from deposits, Republic also had borrowings and other liabilities of appro...
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$Republic First Bancorp (FRBK.US)$
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$Republic First Bancorp (FRBK.US)$ I'm curious if those short will buy back last mins 🤔 to cover before the closing
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ZnWC : Thanks for sharing. I wonder what impact the bank collapse will have on Fed decision to rate cut.
Mcsnacks H Tupack ZnWC : None. The banks equity is like 6 billion dollars. Chump change for the Fed to even think about considering it.
ZnWC Mcsnacks H Tupack : You need something big like a financial crisis and pandemic before they start cutting interest rate
Mcsnacks H Tupack ZnWC : That's not a good thing tho. Financial crisis creates inflation because they have to interject money into the economy thru spending.