5 Worst Performing Bank Stocks in 2023

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In this piece, we will take a look at the five worst performing bank stocks in 2023. If you want to take a look at our introduction to the banking industry, then head on over to 15 Worst Performing Bank Stocks in 2023.

5. Republic First Bancorp, Inc. (NASDAQ:FRBK)

Year To Date Share Price Loss: 56.39%

Republic First Bancorp, Inc. (NASDAQ:FRBK) is a Pennsylvania-based bank that offers accounts, loans, and other products. It’s been having a rough time as of late, after missing analyst EPS estimates in all of its four latest quarters.

During Q1 2023, six of the 943 hedge funds part of Insider Monkey’s database had bought Republic First Bancorp, Inc. (NASDAQ:FRBK)’s shares. Jim Simons’ Renaissance Technologies is the largest shareholder out of these courtesy of its $416,000 investment.

Follow Republic First Bancorp Inc (NASDAQ:FRBK)

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