Only redeemable on a dividend payment date
Coupon will be reset on March 20, 2030 at the 5 year treasury rate plus a spread of 2.161%
Sector: Banking
Merchants Bancorp 7.625% Fixed-Rate Series E Non-Cumulative Perpetual Preferred Stock
May only be redeemed on a dividend payment date
Regions Financial 6.95% Non-Cumulative Perpetual Preferred Stock Series F (Fixed Rate Reset)
Coupon is fixed at 6.95% until 9/15/2029 after which the coupon will reset at the 5 year treasury plus a spread of 2.771%
May only be redeemed on a dividend payment date
Dime Community Bancshares 9.00% Fixed to Floating Rate Subordinated Notes due 2024