snixee
2023-03-24

$First Republic Bank(FRC)$ Well the latest estimate is that they have negative equity of $13.5B so it's safe to say that there's a high chance they both get wiped out. The story will get much clearer next week when preferred dividend payment(s) are due.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
28