In 2022, First Republic Bank invested 71 million U.S. dollars in advertising and marketing, up from 64 million dollars a year earlier – an annual increase of about 11 percent. In May 2023, the company was closed down and sold to JPMorgan Chase & Co., whose marketing expenses grew by almost 17 percent in 2022, surpassing 3.9 billion dollars.
Adverting and marketing expenses of First Republic Bank from 2015 to 2022
(in million U.S. dollars)
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First Republic. (March 1, 2023). Adverting and marketing expenses of First Republic Bank from 2015 to 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 20, 2024, from https://www.statista.com/statistics/1220241/first-republic-bank-advertising-marketing-spending/
First Republic. "Adverting and marketing expenses of First Republic Bank from 2015 to 2022 (in million U.S. dollars)." Chart. March 1, 2023. Statista. Accessed November 20, 2024. https://www.statista.com/statistics/1220241/first-republic-bank-advertising-marketing-spending/
First Republic. (2023). Adverting and marketing expenses of First Republic Bank from 2015 to 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 20, 2024. https://www.statista.com/statistics/1220241/first-republic-bank-advertising-marketing-spending/
First Republic. "Adverting and Marketing Expenses of First Republic Bank from 2015 to 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 1 Mar 2023, https://www.statista.com/statistics/1220241/first-republic-bank-advertising-marketing-spending/
First Republic, Adverting and marketing expenses of First Republic Bank from 2015 to 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1220241/first-republic-bank-advertising-marketing-spending/ (last visited November 20, 2024)
Adverting and marketing expenses of First Republic Bank from 2015 to 2022 (in million U.S. dollars) [Graph], First Republic, March 1, 2023. [Online]. Available: https://www.statista.com/statistics/1220241/first-republic-bank-advertising-marketing-spending/