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    Republic First Bancorp, Inc. (FRBK)

    Price:

    0.01 USD

    ( + 0.01 USD)

    Your position:

    0 USD

    ACTION PANEL
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    ABOUT
    Symbol
    FRBK
    Name
    Republic First Bancorp, Inc.
    Industry
    Banks - Regional
    Sector
    Financial Services
    Price
    0.010
    Market Cap
    704.110k
    Enterprise value
    111.468M
    Currency
    USD
    Ceo
    Thomas X. Geisel
    Full Time Employees
    525
    Ipo Date
    1988-11-08
    City
    Philadelphia
    Address
    50 South 16th Street

    Check the

    KEY TAKEAWAYS

    ASK OUR AI ABOUT THE COMPANY (REGISTER FOR EARLY ACCESS)
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    SIMILAR COMPANIES STI SCORE

    Similar STI Score

    Grupo Financiero Galicia S.A.

    VALUE SCORE:

    8

    Symbol
    GGAL
    Market Cap
    10.630T
    Industry
    Banks - Regional
    Sector
    Financial Services

    2nd position

    The First Bancorp, Inc.

    VALUE SCORE:

    14

    Symbol
    FNLC
    Market Cap
    320.648M
    Industry
    Banks - Regional
    Sector
    Financial Services

    The best

    Bank OZK

    VALUE SCORE:

    14

    Symbol
    OZK
    Market Cap
    5.517B
    Industry
    Banks - Regional
    Sector
    Financial Services
    FUNDAMENTALS
    P/E
    0.023
    P/S
    0.005
    P/B
    0.002
    Debt/Equity
    0.035
    EV/FCF
    -1.528
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    -0.723
    Earnings yield
    42.750
    Debt/assets
    0.002
    FUNDAMENTALS
    Net debt/ebidta
    0
    Interest coverage
    1.813
    Research And Developement To Revenue
    0
    Intangile to total assets
    0
    Capex to operating cash flow
    0.154
    Capex to revenue
    0.086
    Capex to depreciation
    1.507
    Return on tangible assets
    0.004
    Debt to market cap
    16.016
    Piotroski Score
    5.000
    FUNDAMENTALS
    PEG
    0.000
    P/CF
    0.007
    P/FCF
    0.010
    RoA %
    0.447
    RoIC %
    0.616
    Gross Profit Margin %
    101.297
    Quick Ratio
    2.215k
    Current Ratio
    2.215k
    Net Profit Margin %
    17.033
    Net-Net
    -69.425
    FUNDAMENTALS PER SHARE
    FCF per share
    1.188
    Revenue per share
    2.510
    Net income per share
    0.428
    Operating cash flow per share
    1.403
    Free cash flow per share
    1.188
    Cash per share
    20.435
    Book value per share
    5.491
    Tangible book value per share
    5.491
    Shareholders equity per share
    5.491
    Interest debt per share
    0.507
    TECHNICAL
    52 weeks high
    0.700
    52 weeks low
    0.000
    Current trading session High
    0.010
    Current trading session Low
    0.010
    DIVIDEND
    Dividend yield
    0.00%
    Payout ratio
    13.9%
    Years of div. Increase
    0
    Years of div.
    0
    Q-shift
    Dividend per share
    0
    SIMILAR COMPANIES
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Banks - Regional
    Dividend yield
    0%
    Payout Ratio
    20.9009%
    P/E
    0.000
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Banks - Regional
    Dividend yield
    0%
    Payout Ratio
    -0.32156603%
    P/E
    -0.024

    No data to display

    logo

    Country
    Sector
    Industry
    Dividend yield
    0%
    Payout Ratio
    9.748804%
    P/E
    0.000

    No data to display

    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Banks - Regional
    Dividend yield
    0.017765934%
    Payout Ratio
    19.071208000000002%
    P/E
    10.075
    DESCRIPTION

    Republic First Bancorp, Inc. operates as the holding company for Republic First Bank that provides a range of credit and depository banking products and services to individuals and businesses. It accepts consumer and commercial deposit, checking, interest-bearing demand, money market, savings, sweep, and individual retirement accounts, as well as certificates of deposit. The company also offers secured and unsecured commercial, real estate, construction and land development, automobile, and home improvement loans; mortgages, home equity and overdraft lines of credit, and other products; and lockbox services. As of April 5, 2022, it operated 34 offices located in Atlantic, Burlington, Camden, and Gloucester counties in New Jersey; Bucks, Delaware, Montgomery, and Philadelphia counties in Pennsylvania; and New York County in New York. Republic First Bancorp, Inc. was founded in 1987 and is based in Philadelphia, Pennsylvania.

    NEWS
    https://images.financialmodelingprep.com/news/republic-first-seizure-signals-more-bank-failures-to-come-20240430.jpg
    Republic First seizure signals more bank failures to come, expert warns

    foxbusiness.com

    2024-04-30 06:11:13

    The seizure of Republic First marked the first bank failure in the U.S. in 2024 and has reignited concerns of contagion after a string of regional banks collapsed early last year.

    https://images.financialmodelingprep.com/news/what-you-need-to-know-about-the-first-us-20240429.jpg
    What You Need To Know About the First US Bank Failure of 2024

    investopedia.com

    2024-04-29 17:30:40

    Fulton Financial (FULT) shares surged Monday after the bank said it acquired the debt and deposits of Philadelphia-based Republic First Bank following the first bank failure of 2024. Republic First Bank was seized by regulators Friday after a deal for $35 million in funding reportedly fell apart earlier this year.

    https://images.financialmodelingprep.com/news/fulton-financial-reaps-rewards-of-republic-first-takeover-20240429.jpg
    Fulton Financial reaps rewards of Republic First takeover

    proactiveinvestors.com

    2024-04-29 12:24:58

    Fulton Financial Corp shares staged an 8.5% rally on Monday after taking control of deposits and assets formerly belonging to regional bank Republic First. US regulators on Friday seized Republic First's $10 billion worth of deposits and assets and FDIC was appointed as its receiver following a prolonged liquidity crunch.

    https://images.financialmodelingprep.com/news/fulton-financial-reaps-rewards-of-republic-first-takeover-20240429.jpg
    Fulton Financial reaps rewards of Republic First takeover

    proactiveinvestors.com

    2024-04-29 12:24:58

    Fulton Financial Corp shares staged an 8.5% rally on Monday after taking control of deposits and assets formerly belonging to regional bank Republic First. US regulators on Friday seized Republic First's $10 billion worth of deposits and assets and FDIC was appointed as its receiver following a prolonged liquidity crunch.

    https://images.financialmodelingprep.com/news/fulton-financial-rallies-on-plan-to-buy-republic-first-20240429.jpg
    Fulton Financial rallies on plan to buy Republic First Bank — the first U.S. bank failure of 2024

    marketwatch.com

    2024-04-29 09:57:00

    Fulton Financial Corp.'s stock rallied Monday on plans by the bank to acquire Republic First Bank from the Federal Deposit Insurance Corp. in the year's first bank liquidation.

    https://images.financialmodelingprep.com/news/fulton-financial-jumps-after-buying-failed-republic-first-banks-deposits-20240429.jpg
    Fulton Financial jumps after buying failed Republic First Bank's deposits, assets

    reuters.com

    2024-04-29 06:21:27

    Fulton Financial's shares jumped on Monday after it bought the deposits and assets of Republic First from the Federal Deposit Insurance Corporation, in what is the first U.S. bank failure of 2024.

    https://images.financialmodelingprep.com/news/republic-first-sold-to-fulton-in-latest-regional-bank-20240428.jpg
    Republic First Sold to Fulton in Latest Regional Bank Failure

    pymnts.com

    2024-04-28 18:17:00

    Philadelphia-based lender Republic First Bancorp has been sold after being seized by regulators. Fulton Bank, another Pennsylvania financial institution, has agreed to acquire the lender — which does business as Republic Bank — and its assets, the Federal Deposit Insurance Corp. (FDIC) announced late Friday (April 26).

    https://images.financialmodelingprep.com/news/republic-first-sold-to-fulton-in-latest-regional-bank-failure-20240428.jpg
    Republic First Sold to Fulton in Latest Regional Bank Failure

    pymnts.com

    2024-04-28 18:17:00

    Philadelphia-based lender Republic First Bancorp has been sold after being seized by regulators. Fulton Bank, another Pennsylvania financial institution, has agreed to acquire the lender — which does business as Republic Bank — and its assets, the Federal Deposit Insurance Corp. (FDIC) announced late Friday (April 26).

    https://images.financialmodelingprep.com/news/heres-what-led-to-republic-firsts-collapseand-why-its-20240427.jpg
    Here's What Led To Republic First's Collapse—And Why It's Different From 2023 Failures

    forbes.com

    2024-04-27 15:40:40

    Republic First Bancorp was seized by Pennsylvania regulators Friday, following a failed deal earlier this year to infuse the Philadelphia-based regional bank with new funds, amid a decline in deposits and a struggling mortgage lending business.

    https://images.financialmodelingprep.com/news/republic-first-bank-seized-sold-to-fulton-financial-20240426.jpg
    Republic First Bank Seized, Sold To Fulton Financial

    investors.com

    2024-04-26 21:04:17

    Fulton Financial will assume the assets and deposits of Republic First Bank, which was seized Friday by Pennsylvania regulators. Fulton stock jumped.

    https://images.financialmodelingprep.com/news/philly-lender-republic-first-bancorp-seized-by-feds-in-latest-20240426.jpg
    Philly lender Republic First Bancorp seized by feds in latest regional bank collapse

    nypost.com

    2024-04-26 19:24:26

    The regional lender, which operated as Republic Bank, was reeling with higher costs and inability to improve profitability that prompted it to cut jobs and exit its mortgage origination business in early 2023.

    https://images.financialmodelingprep.com/news/us-regulators-set-to-seize-republic-first-bancorp-wsj-20240426.jpg
    US regulators set to seize Republic First Bancorp, WSJ reports

    reuters.com

    2024-04-26 17:56:32

    U.S. regulators are set to seize Republic First Bancorp and are nearing a deal to sell it to another lender, the Wall Street Journal reported on Friday, citing people familiar with the matter.

    https://images.financialmodelingprep.com/news/report-fdic-seeking-buyers-for-republic-first-bancorp-20240424.jpg
    Report: FDIC Seeking Buyers for Republic First Bancorp

    pymnts.com

    2024-04-24 22:07:41

    The Federal Deposit Insurance Corp. (FDIC) is reportedly in talks with potential buyers for Republic First Bancorp., a Philadelphia regional bank that does business as Republic Bank.

    https://images.financialmodelingprep.com/news/report-fdic-seeking-buyers-for-republic-first-bancorp-20240424.jpg
    Report: FDIC Seeking Buyers for Republic First Bancorp

    pymnts.com

    2024-04-24 22:07:41

    The Federal Deposit Insurance Corp. (FDIC) is reportedly in talks with potential buyers for Republic First Bancorp., a Philadelphia regional bank that does business as Republic Bank.

    https://images.financialmodelingprep.com/news/republic-first-bancorp-and-norcross-braca-group-provide-update-20231130.jpg
    Republic First Bancorp and Norcross Braca Group Provide Update on Closing of $35 Million Capital Investment

    globenewswire.com

    2023-11-30 17:00:00

    PHILADELPHIA, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (OTCEM: FRBK) (“Republic” or the “Company”), the parent company of Republic First Bank d/b/a Republic Bank, and George E. Norcross, III, Gregory B. Braca, Philip A. Norcross, Lexie Norcross, and other Norcross family members and affiliates (collectively, the “Norcross Braca Group”), today provided an updated timeline for the closing of the Norcross Braca Group's previously announced $35 million capital investment in the Company.

    https://images.financialmodelingprep.com/news/republic-first-bancorps-stock-rockets-as-it-seals-35m-20231102.jpg
    Republic First Bancorp's stock rockets as it seals $35M investment and FDIC calls off auction

    marketwatch.com

    2023-11-02 12:43:00

    Republic First Bancorp.'s stock was up by 194% to 15 cents a share on Thursday after it filed an agreement for a $35 million private placement by Norcross Braca Group, an activist investor in the microcap bank.