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First Republic Bank Declares Dividends on Six Series of Perpetual Preferred Stock for Third Quarter 2018

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First Republic Bank (NYSE:FRC), a leading private bank and wealth
management company, today announced that it has declared cash dividends
on the following outstanding series of its perpetual preferred stock.

A quarterly cash dividend of $13.75 per share was declared on its
Noncumulative Perpetual Series D Preferred Stock. This dividend equals
$0.343750 per depositary share, each representing 1/40th
interest in a share of Series D Preferred Stock, which is traded on the
NYSE under the symbol "FRCPrD." The Series D Preferred Stock dividend is
payable on September 28, 2018, to shareholders of record as of September
14, 2018.

A quarterly cash dividend of $17.50 per share was declared on its
Noncumulative Perpetual Series E Preferred Stock. This dividend equals
$0.4375 per depositary share, each representing 1/40th
interest in a share of Series E Preferred Stock, which is traded on the
NYSE under the symbol "FRCPrE." The Series E Preferred Stock dividend is
payable on September 28, 2018, to shareholders of record as of September
14, 2018.

A quarterly cash dividend of $14.25 per share was declared on its
Noncumulative Perpetual Series F Preferred Stock. This dividend equals
$0.356250 per depositary share, each representing 1/40th
interest in a share of Series F Preferred Stock, which is traded on the
NYSE under the symbol "FRCPrF." The Series F Preferred Stock dividend is
payable on September 28, 2018, to shareholders of record as of September
14, 2018.

A quarterly cash dividend of $13.75 per share was declared on its
Noncumulative Perpetual Series G Preferred Stock. This dividend equals
$0.343750 per depositary share, each representing 1/40th
interest in a share of Series G Preferred Stock, which is traded on the
NYSE under the symbol "FRCPrG." The Series G Preferred Stock dividend is
payable on September 28, 2018, to shareholders of record as of September
14, 2018.

A quarterly cash dividend of $12.8125 per share was declared on its
Noncumulative Perpetual Series H Preferred Stock. This dividend equals
$0.3203125 per depositary share, each representing 1/40th
interest in a share of Series H Preferred Stock, which is traded on the
NYSE under the symbol "FRCPrH." The Series H Preferred Stock dividend is
payable on September 28, 2018, to shareholders of record as of September
14, 2018.

An initial cash dividend of $16.50 per share was declared on its
Noncumulative Perpetual Series I Preferred Stock. This dividend equals
$0.41250 per depositary share, each representing 1/40th
interest in a share of Series I Preferred Stock, which is traded on the
NYSE under the symbol "FRCPrI." The Series I Preferred Stock dividend is
payable on September 28, 2018, to shareholders of record as of September
14, 2018.

About First Republic Bank

Founded in 1985, First Republic and its subsidiaries offer private
banking, private business banking and private wealth management,
including investment, trust and brokerage services. First Republic
specializes in delivering exceptional, relationship-based service, with
a solid commitment to responsiveness and action. Services are offered
through preferred banking or wealth management offices primarily in San
Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach and San
Diego, California; Portland, Oregon; Boston, Massachusetts; Palm Beach,
Florida; Greenwich, Connecticut; New York, New York; and later in 2018,
Jackson, Wyoming. First Republic offers a complete line of banking
products for individuals and businesses, including deposit services, as
well as residential, commercial and personal loans. For more
information, visit firstrepublic.com.

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