Home loan clients. I mentioned the credit history of the bank. Our average size loan is about $1 million, 60% LTV, strong liquidity, medium net worth about $3 million, average net worth, $60 million. We have some very rich clients who still borrow and we have credit scores up in the 760s. That's the representation of everything we originate, whether we keep it or sell it. If we sell it, we keep servicing.Read the rest of this transcript for free on seekingalpha.com
First Republic Bank CEO Presents At Deutsche Bank Global Financial Services Investor Conference (Transcript)
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.