First Republic | Company Profile - Revenue, Headcount, Tech Stack, Contacts
First Republic Bank was a private banking institution based in San Francisco, founded in 1985 by Jim Herbert.
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First Republic Bank was a private banking institution based in San Francisco, founded in 1985 by Jim Herbert. The bank specialized in providing tailored financial services to high-net-worth individuals and businesses. Over its 35-year history, it experienced significant growth, becoming one of the top 20 U.S. banks by asset size by 2020, with assets totaling $229 billion at the time of its closure in May 2023.
Offering a wide range of services including private banking, wealth management, real estate lending, and commercial lending, the bank catered primarily to wealthy clients in California and New York, focusing on personalized financial solutions. It operated 84 branches across eight states, including Connecticut, Florida, Massachusetts, and Washington. After its failure, First Republic was acquired by JPMorgan Chase, which took over its branches and liabilities.
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