First Republic Bank to Suspend Dividends on Preferred Stock

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First Republic Bank to Suspend Dividends on Preferred Stock

Reuters2023-04-08

(Reuters) - First Republic Bank said in a regulatory filing on Friday that it will suspend payments of quarterly cash dividends on its preferred stock "as a measure of prudent oversight."

Last month, the bank suspended its dividend on common stock after the collapse of Silicon Valley Bank.

Large U.S. banks injected $30 billion in deposits into First Republic Bank last month to rescue the lender caught up in a widening crisis triggered by the collapse of two other mid-sized U.S. lenders.

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neo26000
·2023-04-09
I wonder why no rocket scientists analysts forsee this. Oh I forgot. They do not foretell the future. They just "try" to justify the past.
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YangTan
·2023-04-09
Good buy?
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JK JK
·2023-04-08
best
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YJ Lee
·2023-04-08
Ok
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setia100
·2023-04-08
Step by step following the CS way. 😂
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Longmanlee
·2023-04-08
Good... Drop more pls
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Grumpy Cat
·2023-04-08
Since banks are going bankrupt at the moment it's probably for the best. I imagine most don't reinvest dividends.
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Lord Tan
·2023-04-08
Good for the stock
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Vincentan59
·2023-04-08
Not a good sign ☠️☠️👽👽
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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFirst Republic Bank to Suspend Dividends on Preferred Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-04-08 17:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/FRC\">First Republic Bank</a> said in a regulatory filing on Friday that it will suspend payments of quarterly cash dividends on its preferred stock &#34;as a measure of prudent oversight.&#34;</p><p>Last month, the bank suspended its dividend on common stock after the collapse of Silicon Valley Bank.</p><p>Large U.S. banks injected $30 billion in deposits into First Republic Bank last month to rescue the lender caught up in a widening crisis triggered by the collapse of two other mid-sized U.S. lenders.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2325351072","content_text":"(Reuters) - First Republic Bank said in a regulatory filing on Friday that it will suspend payments of quarterly cash dividends on its preferred stock \"as a measure of prudent oversight.\"Last month, the bank suspended its dividend on common stock after the collapse of Silicon Valley Bank.Large U.S. banks injected $30 billion in deposits into First Republic Bank last month to rescue the lender caught up in a widening crisis triggered by the collapse of two other mid-sized U.S. lenders.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9946628742,"gmtCreate":1680948597087,"gmtModify":1680948602014,"author":{"id":"3577490230864593","authorId":"3577490230864593","name":"Longmanlee","avatar":"https://static.tigerbbs.com/666e2e5ae6ccc9d73e7d020e8b497df5","vip":1,"hat":"https://static.tigerbbs.com/50a4c8d97279fa9f8f1fa9749a6bdff4","crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"3577490230864593","idStr":"3577490230864593"},"htmlText":"Good... Drop more pls","listText":"Good... Drop more pls","text":"Good... Drop more pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946628742","repostId":2325351072,"repostType":4,"repost":{"id":"2325351072","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1680945688,"share":"https://ttm.financial/m/news/2325351072?lang=&edition=fundamental","pubTime":"2023-04-08 17:21","market":"us","language":"en","title":"First Republic Bank to Suspend Dividends on Preferred Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2325351072","media":"Reuters","summary":"(Reuters) - First Republic Bank said in a regulatory filing on Friday that it will suspend payments ","content":"<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/FRC\">First Republic Bank</a> said in a regulatory filing on Friday that it will suspend payments of quarterly cash dividends on its preferred stock &#34;as a measure of prudent oversight.&#34;</p><p>Last month, the bank suspended its dividend on common stock after the collapse of Silicon Valley Bank.</p><p>Large U.S. banks injected $30 billion in deposits into First Republic Bank last month to rescue the lender caught up in a widening crisis triggered by the collapse of two other mid-sized U.S. lenders.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>First Republic Bank to Suspend Dividends on Preferred Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFirst Republic Bank to Suspend Dividends on Preferred Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-04-08 17:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/FRC\">First Republic Bank</a> said in a regulatory filing on Friday that it will suspend payments of quarterly cash dividends on its preferred stock &#34;as a measure of prudent oversight.&#34;</p><p>Last month, the bank suspended its dividend on common stock after the collapse of Silicon Valley Bank.</p><p>Large U.S. banks injected $30 billion in deposits into First Republic Bank last month to rescue the lender caught up in a widening crisis triggered by the collapse of two other mid-sized U.S. lenders.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2325351072","content_text":"(Reuters) - First Republic Bank said in a regulatory filing on Friday that it will suspend payments of quarterly cash dividends on its preferred stock \"as a measure of prudent oversight.\"Last month, the bank suspended its dividend on common stock after the collapse of Silicon Valley Bank.Large U.S. banks injected $30 billion in deposits into First Republic Bank last month to rescue the lender caught up in a widening crisis triggered by the collapse of two other mid-sized U.S. lenders.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9946621405,"gmtCreate":1680948383308,"gmtModify":1680948387696,"author":{"id":"4128529562415932","authorId":"4128529562415932","name":"Grumpy Cat","avatar":"https://community-static.tradeup.com/news/1a6e0322f5b01c133535886ac9ddb5ef","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4128529562415932","idStr":"4128529562415932"},"htmlText":"Since banks are going bankrupt at the moment it's&nbsp;probably for the best. I imagine most don't reinvest dividends.","listText":"Since banks are going bankrupt at the moment it's&nbsp;probably for the best. I imagine most don't reinvest dividends.","text":"Since banks are going bankrupt at the moment it's probably for the best. I imagine most don't reinvest dividends.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946621405","repostId":2325351072,"repostType":2,"repost":{"id":"2325351072","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1680945688,"share":"https://ttm.financial/m/news/2325351072?lang=&edition=fundamental","pubTime":"2023-04-08 17:21","market":"us","language":"en","title":"First Republic Bank to Suspend Dividends on Preferred Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2325351072","media":"Reuters","summary":"(Reuters) - First Republic Bank said in a regulatory filing on Friday that it will suspend payments ","content":"<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/FRC\">First Republic Bank</a> said in a regulatory filing on Friday that it will suspend payments of quarterly cash dividends on its preferred stock &#34;as a measure of prudent oversight.&#34;</p><p>Last month, the bank suspended its dividend on common stock after the collapse of Silicon Valley Bank.</p><p>Large U.S. banks injected $30 billion in deposits into First Republic Bank last month to rescue the lender caught up in a widening crisis triggered by the collapse of two other mid-sized U.S. lenders.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>First Republic Bank to Suspend Dividends on Preferred Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFirst Republic Bank to Suspend Dividends on Preferred Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-04-08 17:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/FRC\">First Republic Bank</a> said in a regulatory filing on Friday that it will suspend payments of quarterly cash dividends on its preferred stock &#34;as a measure of prudent oversight.&#34;</p><p>Last month, the bank suspended its dividend on common stock after the collapse of Silicon Valley Bank.</p><p>Large U.S. banks injected $30 billion in deposits into First Republic Bank last month to rescue the lender caught up in a widening crisis triggered by the collapse of two other mid-sized U.S. lenders.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2325351072","content_text":"(Reuters) - First Republic Bank said in a regulatory filing on Friday that it will suspend payments of quarterly cash dividends on its preferred stock \"as a measure of prudent oversight.\"Last month, the bank suspended its dividend on common stock after the collapse of Silicon Valley Bank.Large U.S. banks injected $30 billion in deposits into First Republic Bank last month to rescue the lender caught up in a widening crisis triggered by the collapse of two other mid-sized U.S. lenders.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9946620486,"gmtCreate":1680947392945,"gmtModify":1680947396442,"author":{"id":"4109167805316160","authorId":"4109167805316160","name":"Lord Tan","avatar":"https://community-static.tradeup.com/news/ebfae2e0b36cb1355364c5cb23866d87","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":6,"crmLevelSwitch":1,"authorIdStr":"4109167805316160","idStr":"4109167805316160"},"htmlText":"Good for the stock","listText":"Good for the stock","text":"Good for the stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946620486","repostId":2325351072,"repostType":2,"repost":{"id":"2325351072","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1680945688,"share":"https://ttm.financial/m/news/2325351072?lang=&edition=fundamental","pubTime":"2023-04-08 17:21","market":"us","language":"en","title":"First Republic Bank to Suspend Dividends on Preferred Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2325351072","media":"Reuters","summary":"(Reuters) - First Republic Bank said in a regulatory filing on Friday that it will suspend payments ","content":"<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/FRC\">First Republic Bank</a> said in a regulatory filing on Friday that it will suspend payments of quarterly cash dividends on its preferred stock &#34;as a measure of prudent oversight.&#34;</p><p>Last month, the bank suspended its dividend on common stock after the collapse of Silicon Valley Bank.</p><p>Large U.S. banks injected $30 billion in deposits into First Republic Bank last month to rescue the lender caught up in a widening crisis triggered by the collapse of two other mid-sized U.S. lenders.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>First Republic Bank to Suspend Dividends on Preferred Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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