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First Republic Bank has recently released the results of its 2017 Dodd-Frank Act Company-Run Stress Test. The stress test evaluated the potential impact of an economic downturn on the bank's financial health, and the results confirm the bank's strong resilience and capability to withstand a severe recession scenario.

The stress test, which is required by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, evaluates the capital adequacy and potential losses for banks with over $10 billion in assets. First Republic Bank's robust capital position and efficient risk management practices have enabled it to pass the test with flying colors.

The bank's Chairman and CEO, Jim Herbert, expressed his satisfaction with the results of the stress test, saying, "We remain committed to building a strong, sustainable business that delivers exceptional service to our clients, even in challenging economic times."

First Republic Bank serves clients across the United States through its 76 branches and digital banking platform. Its focus on building long-term relationships with its clients and providing personalized financial solutions has earned it a reputation as one of the country's most trusted banks.

With the release of the stress test results, First Republic Bank reaffirms its commitment to sound risk management practices and its ability to weather any potential economic turbulence. Its dedication to delivering excellence to its clients under all market conditions makes it one of the most reliable and trustworthy banks in the industry.

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