How significant is the size of First Republic Bank? According to recent figures, as of April 13, the bank boasted approximately $229 billion in total assets and $104 billion in total deposits, as reported by the FDIC. Impressively, as of the end of last year, the Federal Reserve placed First Republic Bank at the 14th position among U.S. commercial banks in terms of size.
This data highlights the substantial scale at which First Republic Bank operates within the financial sector. With assets totaling $229 billion and deposits amounting to $104 billion, it stands as a formidable institution in the banking landscape. The bank’s ranking by the Federal Reserve further solidifies its standing, coming in at 14th among all commercial banks in the United States.
For those curious about the scale of First Republic Bank, these numbers provide a clear picture. The bank’s $229 billion in total assets and $104 billion in total deposits underscore its considerable size and influence within the industry. Ranking 14th among U.S. commercial banks, it holds a notable position in the financial sector, reflecting its substantial presence and operations.
(Response: First Republic Bank holds approximately $229 billion in total assets and $104 billion in total deposits, ranking 14th among U.S. commercial banks according to the Federal Reserve.)