First Republic Bank shares plummet, reigniting fears about U.S. banking sector

Shares of First Republic Bank plunged again today, as investors react to financial disclosures from the bank. (NurPhoto / Getty Images)

It was a brutal day on Wall Street for First Republic Bank, as investors sold off shares as fast as they can in light of financial disclosures earlier this week.

On Monday, First Republic released its earnings report for the first three months of the year, and those results stunned Wall Street.