First Republic Bank, together with its subsidiaries, provides private banking, private business banking, real estate lending, and wealth management services to clients in metropolitan areas in the United States. More Details
What is First Republic Bank current dividend yield, its reliability and sustainability?
0.52%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: FRC's dividend (0.52%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: FRC's dividend (0.52%) is low compared to the top 25% of dividend payers in the US market (3.85%).
Stability and Growth of Payments
Stable Dividend: FRC is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: FRC is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: FRC is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FRC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
5.3yrs
Average management tenure
CEO
Jim Herbert (76 yo)
36yrs
Tenure
US$12,884,327
Compensation
Mr. James H. Herbert, II, also known as Jim, serves as a Member of the Federal Advisory Council at Federal Reserve Bank of San Francisco since April 12, 2018. He co-founded First Republic Bank in 1985 and ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD12.88M) is about average for companies of similar size in the US market ($USD10.55M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
Leadership Team
Name
Position
Tenure
Compensation
Ownership
James Herbert
Founder
36yrs
US$12.88m
0.50% $ 135.2m
Hafize Erkan
President & Director
1.92yrs
US$8.65m
0.0058% $ 1.6m
Michael Roffler
Executive VP & CFO
6yrs
US$5.95m
0.027% $ 7.3m
David Lichtman
Senior EVP & Chief Credit Officer
26yrs
US$6.88m
0.010% $ 2.7m
Michael Selfridge
Chief Banking Officer & Senior EVP
8.83yrs
US$6.59m
0.017% $ 4.6m
Jason Bender
Executive VP & COO
5yrs
no data
0.013% $ 3.6m
Olga Tsokova
Senior VP & Chief Accounting Officer
5.33yrs
no data
0.0024% $ 639.6k
Jim Hughes
Executive VP & Chief Information Officer
3yrs
no data
no data
Mollie Richardson
Chief Administrative Officer
5yrs
no data
0.0075% $ 2.0m
Michael Ioanilli
VP & Director of Investor Relations
no data
no data
no data
Edward Dobranski
Executive VP
29yrs
US$1.11m
0.00057% $ 153.8k
Shannon Houston
Senior VP
3yrs
no data
no data
5.3yrs
Average Tenure
51yo
Average Age
Experienced Management: FRC's management team is seasoned and experienced (5.3 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
James Herbert
Founder
36yrs
US$12.88m
0.50% $ 135.2m
Hafize Erkan
President & Director
1.92yrs
US$8.65m
0.0058% $ 1.6m
Roger Walther
Chairman Emeritus
no data
no data
no data
Katherine August-deWilde
Vice Chairman of the Board
5yrs
US$401.90k
0.090% $ 24.2m
Duncan Niederauer
Independent Director
6yrs
US$261.80k
0.014% $ 3.9m
George Parker
Independent Director
11yrs
US$285.70k
0.018% $ 4.7m
Frank Fahrenkopf
Independent Director
11yrs
US$284.90k
0.013% $ 3.4m
Pamela Joyner
Independent Director
11yrs
US$268.20k
0.032% $ 8.6m
Sandra Hernández
Independent Director
10.25yrs
US$279.00k
0.0092% $ 2.5m
Reynold Levy
Independent Lead Outside Director
4.67yrs
US$329.20k
0.0073% $ 2.0m
Boris Groysberg
Independent Director
6yrs
US$263.00k
0.0054% $ 1.5m
Faith Bautista
Chairman of Community Advisory Board
4.25yrs
no data
no data
6.0yrs
Average Tenure
72yo
Average Age
Experienced Board: FRC's board of directors are considered experienced (6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FRC insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
First Republic Bank's company bio, employee growth, exchange listings and data sources
First Republic Bank, together with its subsidiaries, provides private banking, private business banking, real estate lending, and wealth management services to clients in metropolitan areas in the United S...
Company Analysis and Financial Data Status
All financial data provided by Standard & Poor's Capital IQ.
Data
Last Updated (UTC time)
Company Analysis
2021/01/20 00:04
End of Day Share Price
2021/01/19 00:00
Earnings
2020/12/31
Annual Earnings
2020/12/31
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.