First Republic Bank stock
First Republic (FRC): seized, sold to JPMorgan 1 May 2023. Peak close $221.91 a share (16 Nov 2021). Final price $3.51 a share (28 Apr 2023). First Republic and the other defunct companies are on one page, each with its dates, prices and sources.
Key dates and prices
| Ticker | FRC |
|---|---|
| Founded | 1985 |
| Peak close | $221.91 a share, 16 Nov 2021 |
| Share basis | common shares from the Dec 2010 re-listing; no later splits |
| Final price | $3.51 a share, 28 Apr 2023 (last close on exchange) |
| What happened | Seized, sold to JPMorgan, 1 May 2023 |
| Checked | 27 Sep 2026 |
What happened
Jim Herbert founded First Republic in San Francisco in 1985.
Its market value peaked at more than $40 billion in November 2021.
Customers pulled more than $100 billion in deposits after Silicon Valley Bank failed in March 2023.
Regulators seized it on May 1, 2023, the second-largest bank failure in US history after Washington Mutual in 2008.
It had about $229 billion in assets and 84 branches in eight states, which reopened as JPMorgan Chase branches.
The FDIC estimated the failure would cost its deposit insurance fund about $13 billion.
The shares traded at $115 on March 8, 2023 and closed at $3.51 on April 28, 2023.
Cause: Deposit run, seized by regulators. Worth $40 billion in 2021. Seized 1 May 2023.
What was the ticker symbol for First Republic stock?
First Republic traded under the ticker FRC. First Republic: seized, sold to JPMorgan 1 May 2023.
What was the peak price of First Republic stock?
The peak close was $221.91 a share, on 16 Nov 2021. Share basis: common shares from the Dec 2010 re-listing; no later splits.
What was the final price of First Republic stock?
The final price was $3.51 a share, on 28 Apr 2023 (last close on exchange). First Republic: seized, sold to JPMorgan 1 May 2023.
Checked 27 September 2026. History, not advice.
Sources: fdic.gov, americanbanker.com, aljazeera.com, pbs.org, sec.gov, finance.yahoo.com, cbsnews.com