First Republic Bank
As of May 1, 2023, First Republic Bank went out of business. Previously, First Republic Bank provided private banking, private business banking, and private wealth management services to clients in metropolitan areas in the United States. The company was founded in 1985 and was headquartered in San Francisco, California. First Republic Bank now trades on OTCPK.
First Republic Bank (FRCB) - Total Assets
Latest total assets as of March 2023: $232.94 Billion USD
Based on the latest financial reports, First Republic Bank (FRCB) holds total assets worth $232.94 Billion USD as of March 2023.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
First Republic Bank - Total Assets Trend (1985–2022)
This chart illustrates how First Republic Bank’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
First Republic Bank - Asset Composition Analysis
Current Asset Composition (December 2022)
First Republic Bank's total assets of $232.94 Billion consist of 2.5% current assets and 97.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.0% |
| Accounts Receivable | $708.00 Million | 0.3% |
| Inventory | $-5.33 Billion | -2.5% |
| Property, Plant & Equipment | $483.00 Million | 0.2% |
| Intangible Assets | $57.00 Million | 0.0% |
| Goodwill | $172.00 Million | 0.1% |
Asset Composition Trend (1985–2022)
This chart illustrates how First Republic Bank's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: First Republic Bank's current assets represent 2.5% of total assets in 2022, an increase from 0.0% in 1985.
- Cash Position: Cash and equivalents constituted 2.0% of total assets in 2022, up from 0.0% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1985.
- Asset Diversification: The largest asset category is accounts receivable at 0.3% of total assets.
First Republic Bank Competitors by Total Assets
Key competitors of First Republic Bank based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
First Republic Bank - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - First Republic Bank generates 0.03x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, First Republic Bank generates $ 0.78 in net profit.
First Republic Bank - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.12 | 0.05 | 126.12 |
| Quick Ratio | 0.12 | 0.05 | 126.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-93.53 Billion | $ -153.61 Billion | $ 75.07 Billion |
First Republic Bank - Advanced Valuation Insights
This section examines the relationship between First Republic Bank's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 17.0% |
| Total Assets | $212.64 Billion |
| Market Capitalization | $111.73K USD |
Valuation Analysis
Below Book Valuation: The market values First Republic Bank's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: First Republic Bank's assets grew by 17.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for First Republic Bank (1985–2022)
The table below shows the annual total assets of First Republic Bank from 1985 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $212.64 Billion | +17.02% |
| 2021-12-31 | $181.71 Billion | +27.52% |
| 2020-12-31 | $142.50 Billion | +22.57% |
| 2019-12-31 | $116.26 Billion | +17.20% |
| 2018-12-31 | $99.21 Billion | +13.02% |
| 2017-12-31 | $87.78 Billion | +19.79% |
| 2016-12-31 | $73.28 Billion | +24.24% |
| 2015-12-31 | $58.98 Billion | +21.98% |
| 2014-12-31 | $48.35 Billion | +14.82% |
| 2013-12-31 | $42.11 Billion | +22.46% |
| 2012-12-31 | $34.39 Billion | +23.73% |
| 2011-12-31 | $27.79 Billion | +24.19% |
| 2010-12-31 | $22.38 Billion | +12.22% |
| 2009-12-31 | $19.94 Billion | +1.25% |
| 2008-12-31 | $19.69 Billion | +24.71% |
| 2007-12-31 | $15.79 Billion | +35.73% |
| 2006-12-31 | $11.63 Billion | +24.84% |
| 2005-12-31 | $9.32 Billion | +25.55% |
| 2004-12-31 | $7.42 Billion | +23.66% |
| 2003-12-31 | $6.00 Billion | +23.65% |
| 2002-12-31 | $4.85 Billion | +15.65% |
| 2001-12-31 | $4.20 Billion | +14.80% |
| 2000-12-31 | $3.66 Billion | +1.60% |
| 1999-12-31 | $3.60 Billion | +21.81% |
| 1998-12-31 | $2.95 Billion | +21.92% |
| 1997-12-31 | $2.42 Billion | +12.36% |
| 1996-12-31 | $2.16 Billion | +13.25% |
| 1995-12-31 | $1.90 Billion | +11.54% |
| 1994-12-31 | $1.71 Billion | +20.47% |
| 1993-12-31 | $1.42 Billion | +14.99% |
| 1992-12-31 | $1.23 Billion | +32.23% |
| 1991-12-31 | $932.10 Million | +31.99% |
| 1990-12-31 | $706.20 Million | +94.12% |
| 1989-12-31 | $363.80 Million | 0.00% |
| 1988-12-31 | $363.80 Million | +97.61% |
| 1987-12-31 | $184.10 Million | +30.75% |
| 1986-12-31 | $140.80 Million | +120.69% |
| 1985-12-31 | $63.80 Million | -- |