First Republic Bank's stock price plunged more than 40%

First Republic Bank Stock Price

The banking crisis is continuously deepening in the whole world including America.

[{"selector":"#anim-812d6880-c257-4d78-b53e-5411a82342d7 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-19.492187011481725%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-84237f65-3ace-4502-b8a6-993d99d38d3c","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fafa4c3a-2322-462a-bf2f-abcb1ece99ab","keyframes":{"transform":["translate3d(0px, 151.58733%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] After Silicon Valley Bank, now another major bank of America "First Republic Bank" is surrounded by crisis.

[{"selector":"#anim-8b98b937-da03-49ca-9f4f-f9625290d9a7 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(2.68530168114655%, -12.985962116271828%) scale(1.2604166666666667)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-e36c84ac-2744-4102-996c-74b13021ed32","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6606f795-291b-4f69-9434-ab0503bd134b","keyframes":{"transform":["translate3d(0px, 151.58733%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] At the close of trading on Friday, there was a tremendous decline in the shares of First Republic Bank.

[{"selector":"#anim-89436ffd-a1bf-42d8-9933-e225bbbf542e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-15.63233708263374%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":5000,"fill":"forwards"}] [{"selector":"#anim-3fd3a693-a031-4cfa-bcfa-be93a9840560","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e44e4185-c550-4f44-abf2-2a066eba6464","keyframes":{"transform":["translate3d(0px, 188.76121%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] First Republic Bank shares plunged 43% on Friday after the CNBC report.

[{"selector":"#anim-0af79c7b-d6ef-49c7-b61d-fc27cb243b66 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-29.009765416579754%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-fef56acd-5a64-4294-8247-2fdd8f00ea90","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3e1c76db-e335-44b3-be7d-f9de550d3e57","keyframes":{"transform":["translate3d(0px, 143.24687%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Looking at the condition of the bank, the Federal Deposit Insurance Corporation (FDIC) can place one of its receivers in the bank.

[{"selector":"#anim-27f53790-ec0b-45c0-bcb3-0d5b38a4725b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-10.781249872003936%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-599b98f4-49de-4611-aade-37797ac03cbd","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-565b5edd-5661-41bb-9cfa-a322e406719d","keyframes":{"transform":["translate3d(0px, 162.80198%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] After this news came, the bank's shares suddenly fell by 30 percent. It declined by about 43%.

[{"selector":"#anim-19c5beae-9444-4ab3-9fec-646ba04534f4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-59.934047572215235%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-36cfa3ce-12fa-4db6-92c8-02a471a590cd","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ec01a489-9471-4c5a-a853-4617be190167","keyframes":{"transform":["translate3d(0px, 152.30161%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Let us tell you that the shares of First Republic Bank have fallen by 50 percent of the bank's value so far.

[{"selector":"#anim-8e60b8ac-52ea-4d99-98ee-106496c25810 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-23.359735304969124%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-b7aa3f45-eaf5-4904-80ae-96733f083833","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-73dd2c2c-d39c-4e00-97f0-c86dc4a1a6eb","keyframes":{"transform":["translate3d(0px, 163.67153%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Trading in First Republic Bank shares was halted several times during trading.

[{"selector":"#anim-609b29e9-b303-41d1-ac9f-6dfd94429d90 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(38.74999987200394%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-2501c7a3-bbc0-4ffc-aaa8-b3ab7af177ec","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-49b9c526-9d13-4b9d-b521-d43fa4623a79","keyframes":{"transform":["translate3d(0px, 164.54109%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The stock price of First Republic Bank has reached its lowest level of $ 3.09 after a huge decline.

[{"selector":"#anim-be7fafc7-ea86-4f43-aa7c-bf8c1e0a58ab [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-21.86484354285971%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-2aa401ae-3c6f-419a-8912-4800db40c387","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-17cd5e46-3d45-45ed-ba35-5b56d0ed81a5","keyframes":{"transform":["translate3d(0px, 151.58733%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] First Republic Bank's market value has fallen by $21 billion this year. The bank also got the help of the government earlier.

[{"selector":"#anim-737098b6-4db2-4a27-9a31-c5228b2ceb25 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(27.802083114536646%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-33a94408-8f5e-4d1b-ac50-ced54e6c9acc","keyframes":{"opacity":[0,1]},"delay":700,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-52655088-ebe9-4c0d-b434-cf386eb1b737","keyframes":{"transform":["translate3d(-114.8265%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] America's banking crisis continues, the condition of Silicon Valley Bank and Signature Bank had already come to the fore. Qualify for Lifeline...