First Republic jumps 20% leading comeback rally in US regional banks

First Republic jumped more than 20 percent in premarket action this morning as it led a comeback rally in US regional banks amid widespread uncertainty in the sector.

Shares in the San Francisco lender were last trading at $15.67 after closing at $12.18 Monday when it was left out of a broader rally even as major US banks pumped $30 billion into its coffers.

The SPDR S&P Regional Banking ETF, a key metric for tracking the sector, was ticking up by more than 4 percent in before-the-bell trading.

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