First Republic Bank (FRC) PT Raised to $126 at Piper Sandler

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First Republic Bank (FRC) Prices 2.5M Share Offering for Expected Gross Proceeds of Approx. $295M

January 15, 2020 8:33 AM EST

First Republic Bank (First Republic) (NYSE: FRC), a leading private bank and wealth management company, today announced the pricing of an underwritten public offering of 2,500,000 shares of its common stock for expected gross proceeds of approximately $295.0 million before underwriting discounts and commissions and estimated offering expenses. First Republic has also granted... More