First Republic Bank undefined dipped 1.5% in premarket trades after it said in a filing that it would stop paying dividends on its preferred stock as a...
First Republic Bank dipped 1.5% in premarket trades after it said in a filing that it would stop paying dividends on its preferred stock as a"a measure of prudent oversight." First Republic already suspended dividend on its common stock last month, when it received $30 billion in deposits from the nation's largest financial institutions after a drop in deposits following the collapse of Silicon Valley Bank.
5% in premarket trades after it said in a filing that it would stop paying dividends on its preferred stock as a"a measure of prudent oversight." First Republic already suspended dividend on its common stock last month, when it received $30 billion in deposits from the nation's largest financial institutions after a drop in deposits following the collapse of Silicon Valley Bank.
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