a first republic bank branch in new york us on friday march 10 2023 shares of first republic were up sharply in early tuesday trading as concern over the state of the regional bank appeared to ease after a day of heavy selling the stock traded 20 higher in the premarket and was one of the bestperforming names in the spdr sp regional banking etf kre which was up 5 shares of other regional banks also surged before the bell pacwest jumped nearly 30 keycorp gained 15 and zions bancorp advanced 10 those moves come after regional banks fell sharply on monday even after us regulators took extraordinary measures to backstop all depositors in the nowfailed silicon valley bank the kre suffered its biggest oneday loss since march 2020 losing 123 first republic led the way lower losing 618 executive chairman jim herbert told cnbcs jim cramer that the bank was not seeing big outflows and was operating as usual the bank also announced sunday it received additional liquidity from jpmorgan and the federal reserve