Republic First Bancorp

Republic First Bancorp, Inc. is a bank holding company, which engages in the provision of a variety of credit and depository banking services through its subsidiary. It offers checking, savings, cash management, commercial, small business administration, and commercial real estate loans, mortgages, credit, debit, and gift cards, online and mobile banking, merchant services, and mobile deposit services. The company was founded on November 16, 1987 and is headquartered in Philadelphia, PA.

Earnings data Q4 2019

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Republic First Bancorp, Inc. is a bank holding company, which engages in the provision of a variety of credit and depository banking services through its subsidiary. The company was founded on November 16, 1987, and is headquartered in Philadelphia, PA.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Republic First Bancorp (FRBK) Right Now?

PHILADELPHIA , Oct. 5, 2022 /PRNewswire/ -- Republic First Bancorp, Inc. (NASDAQ: FRBK) (the "Company"), the holding company for Republic First Bank d/b/a Republic Bank, announced that on September 29, 2022, the Company was notified by the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") that, based upon the Company's continued non-compliance with the filing requirement set forth in Nasdaq Listing Rule 5250(c)(1), the Company's securities were subject to delisting unless the Company requests a hearing before the Nasdaq Hearings Panel (the "Panel"). The Company intends to request a hearing, which will stay any further action by the Staff, and to request a further stay of any suspension action by the Panel pending the ultimate conclusion of the hearing process.

Republic First Bancorp, Inc. Receives Anticipated Nasdaq Notice of Delisting; Plans to Appeal Determination

Peter B. Bartholow appointed as an Independent Director to the Board PHILADELPHIA , Oct. 4, 2022 /PRNewswire/ -- Republic First Bancorp, Inc. (NASDAQ: FRBK) (the "Company"), the holding company for Republic First Bank d/b/a Republic Bank (the "Bank"), today announced it has entered into a multi-year cooperation agreement (the "Cooperation Agreement") with Driver Management Company LLC and its affiliates (collectively, "Driver Management"), which together own 1,680,197 shares of the Company's outstanding common stock. Under the Cooperation Agreement, the Company appointed Peter B.

Republic First Bancorp, Inc. Announces Cooperation Agreement with Driver Management

Board of Directors Reaffirms its Commitment to Comprehensive Strategic Review Process Shareholders are not Required to Take any Action at this Time PHILADELPHIA , Sept. 26, 2022 /PRNewswire/ -- The Board of Directors (the "Board") of Republic First Bancorp, Inc. (NASDAQ: FRBK) (the "Company"), the holding company for Republic First Bank d/b/a Republic Bank, today issued the following statement in response to a letter dated September 22, 2022 (the "September 22 Letter") from George E.

Republic First Bancorp, Inc. Responds to Recent Letter from the Norcross Group

Receives Inquiries Regarding Potential Strategic Transactions PHILADELPHIA , Sept. 15, 2022 /PRNewswire/ -- Republic First Bancorp, Inc. (NASDAQ: FRBK) (the "Company"), the holding company for Republic First Bank d/b/a Republic Bank, announced today that it is initiating a strategic review (the "Strategic Review") in light of inquiries by multiple parties expressing interest in one or more potential strategic transactions with the Company.

REPUBLIC FIRST BANCORP, INC. ANNOUNCES STRATEGIC REVIEW

PHILADELPHIA--(BUSINESS WIRE)--Republic First Bancorp, Inc. (NASDAQ: FRBK) (the “Company”), the parent company of Republic First Bank d/b/a Republic Bank (the “Bank”), today announced several corporate governance changes as the Company and its Board of Directors (the “Board”) seek to maximize shareholder value. Harry D. Madonna, Esq., Republic Bank's founder, has been appointed Interim Chairman of the Board. Lisa R. Jacobs, Esq. has been appointed Corporate Secretary of the Company, the positio

Republic First Bancorp Announces Governance Changes

PHILADELPHIA--(BUSINESS WIRE)--Republic First Bancorp, Inc. (NASDAQ: FRBK) (the “Company”) today announced that yesterday, Benjamin C. Duster, IV was appointed as an independent member of the Board of Directors (the “Board”), effective immediately. Mr. Duster's appointment follows the United States Court of Appeals for the Third Circuit (the “Third Circuit”) reversing the decision of the United States District Court for the Eastern District of Pennsylvania, which appointed a custodian to overse

Republic First Bancorp Appoints Benjamin C. Duster, IV to Board of Directors

PHILADELPHIA, June 17, 2022 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK) (the “Company”), the parent company of Republic Bank, reports that today it has filed in preliminary form an Information Statement pursuant to Section 14(c) of the Securities Exchange Act of 1934 to call a Special Meeting of the Company's shareholders for the election of directors. The Special Meeting is being called at the direction of Alfred W. Putnam, Jr., the court appointed Custodian of the Company (the “Custodian”). June 24, 2022 has been established as the record date for the Special Meeting and the Company currently expects to send out the formal notice of the Special Meeting on or about June 28, 2022.

Court-Appointed Custodian for Republic First Bancorp, Inc. to Call Special Meeting for the Election of Directors

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NEW YORK--(BUSINESS WIRE)--Driver Management Company LLC (together with its affiliates, “Driver” or “we”), a sizable shareholder of Republic First Bancorp, Inc. (NASDAQ: FRBK) (“Republic First Bancorp” or the “Company”), today issued a statement regarding its decision to nominate a highly qualified and independent candidate for election to the Company's Board of Directors (the "Board") at a court-ordered special meeting of shareholders (the "Special Meeting") to elect one director to fill an ex

Driver Management Nominates Highly Qualified, Independent Candidate for Election to Republic First Bancorp's Board of Directors

PHILADELPHIA, May 12, 2022 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank, is deeply saddened by the passing of longtime Republic Bank Director, Theodore J. Flocco, Jr.

Republic Bank Mourns Passing of Longtime Director Theodore J. Flocco, Jr.

Republic First (FRBK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Republic First (FRBK) to Report a Decline in Earnings: What to Look Out for

PHILADELPHIA, April 20, 2022 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank, today announced the hiring of Donald Greenleaf as Vice President, Commercial Lending for Bucks County. In his role, Greenleaf will be responsible for growing the bank's commercial loan portfolio as it continues to expand its presence in this key market.

Republic Bank Hires Donald Greenleaf as Vice President, Commercial Lending for Bucks County

PHILADELPHIA, April 12, 2022 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank, today announced the hiring of two Long Island-based executives to lead the bank's expansion in the market. Robert McKenna will serve as Senior Vice President and Team Leader in Long Island while Susan Aminov joins as Vice President and Regional Private Banker covering New York City and Long Island.

Republic Bank Hires Two Seasoned Executives to Lead Growth in Long Island Market

NEW YORK--(BUSINESS WIRE)--Driver Management Company LLC (together with its affiliates, “Driver” or “we”), a sizable shareholder of Republic First Bancorp, Inc. (NASDAQ: FRBK) (“Republic First Bancorp” or the “Company"), today announced it has filed its definitive proxy statement with the U.S. Securities and Exchange Commission and sent a letter to the Company's shareholders. Driver has nominated three highly qualified and independent candidates for election to Republic First Bancorp's Board of

Driver Management Files Definitive Proxy Statement and Sends Letter to Republic First Bancorp Shareholders

PHILADELPHIA, April 06, 2022 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK) ( the “Company”), the holding company for Republic Bank, received written notification from The NASDAQ Stock Market (“Nasdaq”) on April 1, 2022 that the Company is no longer in compliance with the Nasdaq Listing Rules since the Company has not yet filed its Annual Report on Form 10-K for the year ended December 31, 2021 (the “Annual Report”). Nasdaq Listing Rule 5250(c)(1) requires Nasdaq-listed companies to timely file all periodic reports.

Republic First Bancorp, Inc. Receives Notice of Filing Delinquency From Nasdaq

PHILADELPHIA, April 05, 2022 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank , opened a new store at 212 E. Lancaster Ave. in Wayne, PA on Saturday, April 2. The new location, which occupies a former Commerce Bank building, is Republic's second store on the Main Line.

Republic Bank Opens New Store in Wayne, PA

PHILADELPHIA, March 23, 2022 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank, today announced the hiring of two New York City-based executives. Jeffrey Wall will serve as Senior Vice President, Relationship Manager Commercial Real Estate and John Barrett joins as Vice President, Relationship Manager.

Republic Bank Hires Two New Executives in New York

NEW YORK , March 4, 2022 /PRNewswire/ -- A consortium of concerned directors (the "Concerned Directors") of Republic First Bancorp, Inc. (NASDAQ: FRBK) (the "Company") today issued the following statement in an attempt to dissuade certain incumbent members of the Company's board of directors (the "Board") – Vernon Hill, Theodore Flocco, Barry Spevak and Brian Tierney – from proposing or approving actions that the Concerned Directors believe would be harmful to the Company and a number of constituent groups, which might destroy shareholder value. Proposed Related Party Transactions Could Harm the Company The Concerned Directors request that the following proposals be tabled until after the upcoming 2022 annual meeting of shareholders (the "Annual Meeting"): Extension of a related party agreement providing a retainer for a company owned by Chairman and Chief Executive Officer Vernon Hill's wife for architecture, interior design and related services; Agreements obligating the incurrence of expenses related to the opening of new branches and the renovation of existing branches; and Most critically, proposed amendments to certain employment contracts that would provide significantly augmented severance payments to, and risk retention of, key executives should Mr.

CONCERNED REPUBLIC FIRST BANCORP DIRECTORS OPPOSE POTENTIAL HARMFUL ACTIONS BY OTHER COMPANY BOARD MEMBERS

Does Republic First (FRBK) have what it takes to be a top stock pick for momentum investors? Let's find out.

Republic First (FRBK) is a Great Momentum Stock: Should You Buy?

Board of Directors Affirms its Commitment as Fiduciaries to Maximize Value

Republic First Bancorp, Inc. Comments on Recent Schedule 13D Filings

NEW YORK--(BUSINESS WIRE)--Driver Management Company LLC (together with its affiliates, “Driver” or “we”), a sizable shareholder of Republic First Bancorp, Inc. (NASDAQ: FRBK) (“Republic First Bancorp” or the “Company”), today sent the below letter to the Company's Board of Directors (the "Board"): February 2, 2022 Board of Directors c/o Kemma Brown Corporate Secretary Republic First Bancorp, Inc. Two Liberty Place 50 S. 16th Street, Suite 2400 Philadelphia, PA 19102 Via email Board Members, Re

Driver Management Reiterates Call for Radical Change at Republic First Bancorp

Republic First (FRBK) Is Up 16.8% in One Week: What You Should Know

PHILADELPHIA, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank , today announced the hire of Gregory LiCalzi as Senior Vice President and Director of Nonprofit and Government Banking. In this role, Greg will be responsible for working with the bank's new and existing nonprofit and municipal customers. He will also assist with other aspects of municipal finance and capital markets, a key area of focus for the bank.

Republic Bank Hires Greg LiCalzi as Director of Non-Profit and Government Banking in New York Market

Republic First (FRBK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

News for Republic First Bancorp Stock (FRBK)