Credit Ratings
First Republic Bank’s latest credit ratings reflect our strong capital levels and credit quality.
Bank Credit Ratings
As of March 10, 2020
Moody’s |
Standard & Poor’s |
Fitch |
|
|---|---|---|---|
|
Long-Term Deposits1
|
A1 | A- | A |
|
Corporate Long-Term
|
A1 | A- | A- |
|
Long-Term Issuer
|
Baa1 |
A- |
A- |
|
Short-Term Credit2
|
P-1 | NR | F1 |
|
2.500% Senior Notes Due 2022
|
Baa1 | A- | A- |
|
1.912% Senior Notes Due 2024
|
Baa1 | A- | A- |
|
4.375% Subordinated Notes Due 2046
|
Baa1 | BBB+ | BBB+ |
|
4.625% Subordinated Notes Due 2047
|
Baa1 | BBB+ | BBB+ |
Bank Preferred Stock Ratings
As of March 10, 2020
Moody’s |
Standard & Poor’s |
Fitch |
|
|---|---|---|---|
|
5.70% Noncumulative Perpetual Series F Preferred Stock
|
Baa3 | BBB- | N/A |
|
5.50% Noncumulative Perpetual Series G Preferred Stock
|
Baa3 | BBB- | BB |
|
5.125% Noncumulative Perpetual Series H Preferred Stock
|
Baa3 | BBB- | BB |
|
5.50% Noncumulative Perpetual Series I Preferred Stock
|
Baa3 | BBB- | BB |
|
4.70% Noncumulative Perpetual Series J Preferred Stock
|
Baa3 | BBB- | N/A |
Source: SNL Financial
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.
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.
1S&P does not provide a Long-Term Deposits rating; the Corporate Long-Term Credit rating is shown.
2NR = Not Rated. S&P no longer maintains a short-term credit rating on First Republic Bank.