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https://www.wsj.com/articles/first-republic-shares-sink-27-after-earnings-c3b3429e

First Republic Bank Shares Sink More Than 40% After Earnings Report

Trading is halted several times after the stock tumbles

By Gina Heeb and Charley Grant

Updated April 25, 2023 4:03 pm ET

First Republic Bank recently unveiled a number of changes, including a plan to win deposits from new consumers. Photo: Thalia Juarez for The Wall Street Journal

First Republic Bank shares sank more than 40% Tuesday afternoon, a day after it reported first-quarter results that showed a deposit hemorrhage in March that was worse than expected.

The stock was recently at $9.34, on track for a new low. Trading in First Republic shares was halted several times Tuesday afternoon after the stock tumbled.

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First Republic Bank Shares Sink More Than 40% After Earnings Report

Trading is halted several times after the stock tumbles

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