First Republic Bank Releases Results of 2017 Dodd-Frank Act Company-Run Capital Stress Test
First Republic Bank (“First Republic”) (NYSE:FRC), a leading private bank and wealth management company, today announced the
release of the results of its 2017 annual company-run capital stress test (“Dodd-Frank Act Stress Test” or “DFAST”). The
information contained within the capital stress test results does not, in any way, reflect changes to the business plans,
practices, or strategy of First Republic. The projections in the results are based on the severely adverse scenario provided by the
Federal Deposit Insurance Corporation, in coordination with the Board of Governors of the Federal Reserve System and the Office of
the Comptroller of the Currency, which was released on February 10, 2017. Accordingly, the projections in the results represent
hypothetical estimates that involve an economic outcome more adverse than expected, and are not First Republic’s actual projections
of expected pre-provision net revenue, losses, net income before taxes or capital ratios. Results can be found in the Investor
Relations section of First Republic’s website at firstrepublic.com under “Regulatory Disclosures.”
About First Republic Bank
Founded in 1985, First Republic and its subsidiaries offer private banking, private business banking and private wealth
management, including investment, trust and brokerage services. First Republic specializes in delivering exceptional,
relationship-based service, with a solid commitment to responsiveness and action. Services are offered through preferred banking or
wealth management offices primarily in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach and San Diego,
California; Portland, Oregon; Boston, Massachusetts; Palm Beach, Florida; Greenwich, Connecticut; and New York, New York. First
Republic offers a complete line of banking products for individuals and businesses, including deposit services, as well as
residential, commercial and personal loans. For more information, visit firstrepublic.com.
Investors:
Addo Communications
Andrew Greenebaum, 310-829-5400
andrewg@addoir.com
Lasse Glassen, 310-829-5400
lasseg@addoir.com
or
Media:
Blue Marlin Partners
Greg Berardi, 415-239-7826
greg@bluemarlinpartners.com
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