First Republic Bank Declares Dividends on Five Series of Perpetual Preferred Stock for First Quarter
2018
First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that it has declared cash
dividends on the following outstanding series of its perpetual preferred stock.
A quarterly cash dividend of $13.75 per share was declared on its Noncumulative Perpetual Series D Preferred Stock. This
dividend equals $0.343750 per depositary share, each representing 1/40th interest in a share of Series D Preferred
Stock, which is traded on the NYSE under the symbol “FRCPrD.” The Series D Preferred Stock dividend is payable on March 29, 2018,
to shareholders of record as of March 16, 2018.
A quarterly cash dividend of $17.50 per share was declared on its Noncumulative Perpetual Series E Preferred Stock. This
dividend equals $0.4375 per depositary share, each representing 1/40th interest in a share of Series E Preferred Stock,
which is traded on the NYSE under the symbol “FRCPrE.” The Series E Preferred Stock dividend is payable on March 29, 2018, to
shareholders of record as of March 16, 2018.
A quarterly cash dividend of $14.25 per share was declared on its Noncumulative Perpetual Series F Preferred Stock. This
dividend equals $0.356250 per depositary share, each representing 1/40th interest in a share of Series F Preferred
Stock, which is traded on the NYSE under the symbol “FRCPrF.” The Series F Preferred Stock dividend is payable on March 29, 2018,
to shareholders of record as of March 16, 2018.
A quarterly cash dividend of $13.75 per share was declared on its Noncumulative Perpetual Series G Preferred Stock. This
dividend equals $0.343750 per depositary share, each representing 1/40th interest in a share of Series G Preferred
Stock, which is traded on the NYSE under the symbol “FRCPrG.” The Series G Preferred Stock dividend is payable on March 29, 2018,
to shareholders of record as of March 16, 2018.
A quarterly cash dividend of $12.8125 per share was declared on its Noncumulative Perpetual Series H Preferred Stock. This
dividend equals $0.3203125 per depositary share, each representing 1/40th interest in a share of Series H Preferred
Stock, which is traded on the NYSE under the symbol “FRCPrH.” The Series H Preferred Stock dividend is payable on March 29, 2018,
to shareholders of record as of March 16, 2018.
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; New York, New York; and later in
2018, Jackson, Wyoming. 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
agreenebaum@addoir.com
Lasse Glassen, 310-829-5400
lglassen@addoir.com
or
Media:
Blue Marlin Partners
Greg Berardi, 415-239-7826
greg@bluemarlinpartners.com
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