In the Q2 2021 investor letter of Harding Loevner, the fund mentioned First Republic Bank (NYSE: FRC ) and discussed its stance on the firm. First Republic Bank is a San Francisco, California-based investment company with a $34.9 billion market capitalization. FRC delivered a 34.62% return since the beginning of the year, while its 12-month returns are up by 75.14%. The stock closed at $197.80 per share on October 1, 2021.