First Republic Bank Declares $16.75 Dividend on Series A Preferred Stock, $15.50 per Share on Series B Preferred Stock

First Republic Bank FRC, a leading private bank and wealth management company, today announced that it has declared cash dividends on two series of preferred stock. A quarterly cash dividend of $16.75 per share was declared on its 6.70% Noncumulative Perpetual Series A Preferred Stock. This dividend equals $0.418750 per depositary share, each representing 1/40th interest in a share of Series A Preferred Stock, which is traded on the NYSE under the symbol “FRCPrA.” The Series A Preferred Stock dividend is payable on September 28, 2012, to shareholders of record as of September 17, 2012.
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