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FIRST REPUBLIC BANK

About the Company

First Republic Bank opened its doors at 201 Pine Street in San Francisco on July 1, 1985, with only ten coworkers and one office. They were one of the smallest banks in the United States, with an enterprise value of $8.8 million, out of around 14,000 total.

It had almost 5,000 associates across over 80 offices in seven states by the time it celebrated its 35th anniversary in July 2020. The First Republic has grown organically to become the 14th biggest bank in the United States, with more than $19 billion. This shows a 35-year track record of a 25 percent annual compounded increase in total enterprise value.

FIRST REPUBLIC BANK
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