Republic First Bank Seized By Regulators—First Bank Collapse Of 2024 [Forbes]
Republic First Bancorp, Inc. (FRBK)
Last republic first bancorp, inc. earnings: 4/29 08:00 am
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Source: Forbes
failure this year following a series of high-profile collapses in 2023—though the bank is far smaller than those that collapsed last year and its nearly three dozen branches are set to reopen under a new name. Philadelphia-based Republic First Bancorp was seized by Pennsylvania regulators, the FDIC announced ... [+] on Friday. The Pennsylvania Department of Banking and Securities seized Republic First on Friday, amid speculation of a potential seizure and after the bank had looked for a potential buyer, the Federal Deposit Insurance C Republic First had roughly $6 billion in assets and another $4 billion in deposits in January, according to the FDIC. Fulton Bank reached an agreement with regulators to take over Republic First's 32 branches in Pennsylvania, New York and New Jersey, which will reopen under the Fulton Bank name, with the Pennsylvania-based bank assuming “substantially all of [Republic First's] deposits and purchase substantially all of the assets,” the FDIC said
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News
- Republic First Bancorp, Inc. (NASDAQ: FRBK) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Republic First Bancorp, Inc. (NASDAQ: FRBK) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Republic First Bancorp, Inc. (NASDAQ: FRBK) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Republic First Bancorp, Inc. (NASDAQ: FRBK) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Republic First Bancorp, Inc. (NASDAQ: FRBK) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
FRBK
Sec Filings
- 3/1/24 - Form SC
- 2/29/24 - Form 8-K
- 2/28/24 - Form SC
- FRBK's page on the SEC website