Talk:First Republic Bank

Follow up #2 to Edit Request

Hey @Kingapresa!

Thank you so much again for handling this request. You’re great to work with.

1. In regards to the formatting: I looked at the list-defined reference link you sent (thank you for pointing me to that). I tried for quite some time and unfortunately couldn't figure out how to do it, so I arranged it like the one JP Morgan has where there's a note at the bottom pointing toward all of the references. This way, there is no longer any repeated citations and the table now formats in single lines. I think you should just be able to copy and paste it right into the article now. Let me know if you're okay with this?
2. Regarding the stock price link: Could you try checking the link again for the average stock price? The link is working for me so not sure why it would be showing up blank. If you scroll down, below the graph with the green and red bars, you will see all of the numbers listed! Here it is again: https://www.macrotrends.net/stocks/charts/FRC/first-republic-bank/stock-price-history
3. Wasn’t sure if you meant net income or revenue? Either way, here is the net income info:
   1. 2016-2021: https://custom.firstrepublic.com/2021-annual-report/imgs/FirstRepublic_AR2021.pdf (page 4)
   2. 2011-2015: https://ir.firstrepublic.com/static-files/f96dea34-d4d5-4f41-a05d-fcc67e6d85a3 (page 52)
4. Here is where you can find all of the total revenue info:
   1. 2009: page 84. (note it’s under the year-end column, where it says year-end December 31, 2009) https://ir.firstrepublic.com/static-files/87dfbf4a-e4b3-4fe4-939d-152ae592d211
   2. 2010: page 84. (note it’s under the year-end column, where it says year-end December 31, 2010.)https://ir.firstrepublic.com/static-files/87dfbf4a-e4b3-4fe4-939d-152ae592d211
   3. 2011: page 39 - it says 34 at the bottom - but last page of the PDF either way. (note it’s under the year-end column, where it says year-end December 31, 2011.) https://ir.firstrepublic.com/static-files/b18715c3-91ae-4662-b184-a702962ceed0
   4. 2012: page 15.  (note it’s under the year-end column, where it says year-end December 31, 2012. This one also lists the 2011 data) https://www.firstrepublic.com/~/media/frb/documents/pdfs/press-releases/pdfs-from-legacy-site/firstrepublic4thquarterearningsrelease962980985pdf.ashx
   5. 2013-2015: page 103. https://ir.firstrepublic.com/static-files/f96dea34-d4d5-4f41-a05d-fcc67e6d85a3
5. For the assets, here are where all of the numbers are located:
   1. 2009 -2010: page 49 (note they are listed as "total assets") https://ir.firstrepublic.com/static-files/87dfbf4a-e4b3-4fe4-939d-152ae592d211
   2. 2011-2015: page 52 (note they are listed as "total assets") https://ir.firstrepublic.com/static-files/f96dea34-d4d5-4f41-a05d-fcc67e6d85a3
   3. 2016-2021 (note these are listed as “total bank assets”): page 5 at the top right hand corner. https://custom.firstrepublic.com/2021-annual-report/imgs/FirstRepublic_AR2021.pdf

Year	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021
Total Revenue (in billions)	1.072	1.002	1.183	1.341	1.468	1.649	1.841	2.2	2.6	3.0	3.3	3.9	5.0
Net Income (in millions)	346	271	354	401	462	487	522	673	758	854	930	1,064	1,478
Assets (in billions)	19.94	22.38	27.79	34.38	42.11	48.35	58.98	73.3	87.8	99.2	116.3	142.5	181.1
Market Cap (in billions)	N/A	3.75	3.95	4.30	6.95	7.2	9.65	13.80	13.91	14.32	19.80	25.30	37.02
Average Stock Price	N/A	26.0421	26.5584	29.9428	39.3133	47.7605	57.9133	69.2193	92.4429	92.6591	98.5723	111.1200	187.4291
Dividends per common share	N/A	N/A	N/A	0.30	0.36	0.54	0.59	0.63	0.67	0.71	0.75	0.79	0.86

Note: The data for the total revenue, net income, assets, and dividends per common share is sourced from the company's annual reports and earnings releases and SEC Form 10-K and 8-K from 2009-2021. Market cap is sourced from companiesmarketcap.com. Average stock price is sourced from macrotrends.net.

Please let me know if there's anything else you need before posting! And again, thank you so much for your help on this! FRB1985 (talk) 20:36, 12 January 2023 (UTC)

Hi @FRB1985,

Of course! Thank you for locating all information from the sources. Do not worry about the list defined references; I like your idea about having everything condensed into a note section like JP Morgan's. You're right it will ultimately fix the issue with the repetition and that each row will lay on a single line. Double win.

Huh, the link to macrotrends works for me now. No longer blank. Glad it will work!

Would you agree to put the table under "business growth and size" rather than making a new heading for it?

 In progress To other editors, I am working on implementing this edit request. I am making the citations more robust, and there's quite a few of them. With other things going on, I will be done over the weekend or earlier. Kingapresa (talk) 05:22, 18 January 2023 (UTC)

 Done Published! I put it under "business growth and size," but you could put it under a new header like "Financial data" without needing to request another edit.

Thank you for all your cooperation with this edit request - I hope you are happy with the finished content. What took a little more time was making the sources a bit more robust, adding page numbers amongst other things. I removed 8-Ks from the list of data sources because it didn't seem like any source was an 8-K.

Anyways, let me know if everything is good, and if it is we can close this edit request up. Thanks-- Kingapresa (talk) 01:57, 20 January 2023 (UTC)

Hey @Kingapresa I was just about to write back to confirm I am okay with you putting the info in that section. The edit looks great. Thanks for taking the time to fulfill the request and check the sources. Our financials for 2022 are about to be released soon, so I may have another request coming through shortly to add one more column, if you don't mind helping with that. Good to close the request. Thanks again! FRB1985 (talk) 15:58, 20 January 2023 (UTC)

Great - I will check back soon. Kingapresa (talk) 01:27, 22 January 2023 (UTC)

References

MOS:TENSE

@Monkeyfishninja and Sunshineisles2: Please see MOS:TENSE, the opening should be some form of First Republic Bank is a former ..., we should not be using "was". —Locke Cole • t • c 16:37, 1 May 2023 (UTC)

@Locke Cole: MOS:TENSE does not inherently preclude all use of "was" or "were", and recommends it in cases where something is said to "no longer meaningfully exist". It seems like a reasonable way to refer to it, in the same way that "was" is advisable for Silicon Valley Bank, for instance. There's no expectation in reporting that they're coming back; per the NYT, "On Monday, 84 First Republic branches in eight states reopened as JPMorgan branches". --Sunshineisles2 (talk) 16:53, 1 May 2023 (UTC)

I would say < 24 hours is far too soon to be switching to "was". Buildings still bear this name, accounts are likely still accessed under this name, etc, etc. "Was" should be something used (if ever, as again is a former also accurately reflects the situation and avoids was altogether) after years of being defunct/closed (and presumably long after any account/transition has been completed). —Locke Cole • t • c 17:02, 1 May 2023 (UTC)

Personally, I've always reserved the "is a former" for situations when a company still exists but no longer offers a particular service, or in biographical articles, for a person who is still alive but no longer practices a certain occupation (e.g. an ex-legislator who has not held or sought public office in decades "is a former politician"). Another comparable case could be WP:TVNOW, which says that all TV shows should be referred to in the present tense in their lead sentence (e.g. "I Love Lucy is an American television sitcom") even after ending production, because they still exist as programs that can still be viewed and shown.

But this is a bank that no longer exists as an independent entity. Nobody can just now begin banking at First Republic Bank. By virtue of the logistics of changing signs, updating websites, etc. the remnants of First Republic Bank will remain for a while. But there's no business called "First Republic Bank" that's actually still operating as of this morning. Sunshineisles2 (talk) 17:12, 1 May 2023 (UTC)

See also: Wikipedia talk:Manual of Style § Reconciling_MOS:TENSE_and_closure_of_a_business

I'll confess, I can see arguments either way. I've started a discussion at the talk page for MOS:TENSE to seek some clarity. I've linked the discussion above. —Locke Cole • t • c 17:49, 1 May 2023 (UTC)

FYI: It seems there is an IP editing now to change the tense back. —Locke Cole • t • c 15:47, 6 May 2023 (UTC)