First Republic Bank ($FRC) may present a good buying opportunity

*As of writing this article, the price is $31.4.

I’m tracking this periodically, so please follow for any new updates!

A First Republic Bank branch in New York, US, on Friday, March 10, 2023. Jeenah Moon | Bloomberg | Getty Images

Summary:

I believe a price below $35 presents a good risk/return profile for $FRC due to recent news developments.

At a glance: