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First Republic Bank (FRC-PH)
| Previous close | 6.03 |
| Open | 5.91 |
| Bid | 6.09 x 1000 |
| Ask | 6.05 x 900 |
| Day's range | 5.90 - 6.41 |
| 52-week range | 5.66 - 24.64 |
| Volume | |
| Avg. volume | 110,376 |
| Market cap | 4.058B |
| Beta (5Y monthly) | 1.11 |
| PE ratio (TTM) | 0.98 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 1.28 (5.78%) |
| Ex-dividend date | 15 Dec 2022 |
| 1y target est | N/A |
- Yahoo Finance Video
What is Quantitative Tightening?
It’s been a big week for the Fed as it raised interest rates by 25 basis points to a new range of 4.75%-5%. Now, quantitative tightening, or QT, might be a term you’ve recently heard amid all of the news surrounding the Fed and growing inflation. But what does it mean? Quantitative tightening is when the Fed shrinks its balance sheet. They do this when the economy is in overdrive and inflation is running very hot. Yahoo Finance’s Seana Smith breaks down quantitative tightening and how it can impact you.
- Yahoo Finance
Stocks hold onto gains during volatile post-Fed session
Stocks closed higher Thursday afternoon as a post-Fed rally was bolstered by hopes from investors interest rate hikes will end sooner than expected as banking pressures end the central bank's aggressive fight against inflation.
- Motley Fool
Why Credit Suisse and First Republic Crashed, but This Other Regional Bank Soared This Week
Distress in the regional banks is leading to huge declines in riskier banks, but opportunity for healthier ones.
