Credit Ratings
As of March 15, 2023
Bank Credit Ratings
| Moody’s | Standard & Poor’s | Fitch | |
|---|---|---|---|
| Long-Term Deposits1 | A1 | BB+ | BB+ |
| Corporate Long-Term | A1 | BB+ | BB |
| Long-Term Issuer | Baa1 | BB+ | BB |
| Short-Term Credit2 | P-1 | NR | B |
| 4.375% Subordinated Notes Due 2046 | Baa1 | BB- | B+ |
| 4.625% Subordinated Notes Due 2047 | Baa1 | BB- | B+ |
As of March 15, 2023
Bank Preferred Stock Ratings
| Moody’s | Standard & Poor’s | Fitch | |
|---|---|---|---|
| 5.125% Noncumulative Perpetual Series H Preferred Stock | Baa3 | B | B- |
| 5.50% Noncumulative Perpetual Series I Preferred Stock | Baa3 | B | B- |
| 4.70% Noncumulative Perpetual Series J Preferred Stock | Baa3 | B | B- |
| 4.125% Noncumulative Perpetual Series K Preferred Stock | Baa3 | B | B- |
| 4.25% Noncumulative Perpetual Series L Preferred Stock | Baa3 | B | B- |
| 4.00% Noncumulative Perpetual Series M Preferred Stock | Baa3 | B | B- |
| 4.50% Noncumulative Perpetual Series N Preferred Stock | Baa3 | B | B- |
Source: S&P Global Market Intelligence
Credit ratings are specific to First Republic Bank. Agencies include Moody’s, Standard & Poor’s and Fitch. A credit rating is not a recommendation to buy, sell or hold securities and may be subject to revision, suspension or withdrawal at any time by the assigning rating organization. DL0010
Credit ratings are specific to First Republic Bank. Agencies include Moody’s, Standard & Poor’s and Fitch. A credit rating is not a recommendation to buy, sell or hold securities and may be subject to revision, suspension or withdrawal at any time by the assigning rating organization. DL0010
1Standard & Poor’s does not provide a long-term deposits rating. The corporate long-term rating is shown.
2NR = Not Rated. Standard & Poor’s no longer maintains a short-term credit rating on First Republic Bank.