May only be redeemed on a dividend payment date
Sector: Banking
JPMorgan Chase & Co 4.55% Non-Cumulative Preferred Stock, Series JJ
Only redeemable on a dividend payment date
Texas Capital Bancshares Inc. 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B
May only be redeemed on a dividend payment date
First Republic Bank 4.25% Non-Cumulative Perpetual Preferred Stock, Series L
U.S. Bancorp 4.00% Series M Non-Cumulative Perpetual Preferred Stock
Washington Federal Inc 4.875% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A
Only redeemable on a dividend payment date
Bank of America 4.125% Non-Cumulative Preferred Stock, Series PP
Huntington Bancshares Inc. 4.50% Series H Non-Cumulative Perpetual Preferred Stock
Wells Fargo & Company 4.375% Non-Cumulative Perpetual Class A Preferred Stock, Series CC
Can only be redeemed on dividend payment date
U.S Bancorp 3.75% Non-Cumulative Perpetual Preferred Stock, Series L
Signature Bank 5.00% Non Cumulative Perpetual, Series APreferred Stock
The bank is regulated by the FDIC and as such there are no SEC filings. The links below direct to the company website where filings may be found
Bank of America Corp 4.375% Non-Cumulative Preferred Shares, Series NN
Fulton Financial Corporation 5.125% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A
Wells Fargo & Company 4.70% Non-Cumulative Perpetual Class A Preferred Stock, Series AA
Can only be redeemed on dividend payment date
MainStreet Bancshares Inc. 7.50% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock
10/01/2020 I have rated this new issue ‘D’. The company has a huge amount (22%+/-) of loans in deferell because of the corona virus. It is likely many of these loans will not be paid and as a small bank financials could be significantly affected.
Capital One Financial 4.625% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series K
Redeemable only on a dividend payment date
CNB Financial Corporation 7.125% Series A Fixed Rate Non-Cumulative Perpetual Preferred Stock
Atlantic Union Bancshares 6.875% Perpetual Non-Cumulative Preferred Stock, Series A
First Reepublic Bank 4.70% Non-Cumulative Perpetual Preferred Stock, Series J
Clicking on Prospectus Link will Download Filing to your computer
Level One Bancorp 7.50% Non-Cumulative Perpetual Preferred Stock, Series B
WesBanco Inc. 6.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A
Coupon is fixed at 6.75% until 11/14/2025. On 11/15/2025 the rate will be the 5 year treasury and a spread of 6.557% which is reset every 5 years.
Truist Financial 4.75% Series R, Non-Cumulative Perpetual Preferred Stock
May only be redeemed on a dividend payment date
Associated Banc-Corp 5.625% Non-Cumulative Perpetual Preferred Shares, Series F
May only be redeemed on a dividend payment date
Triumph Bancorp Inc 7.125% Series C Fixed Rate Non-Cumulative Perpetual Preferred Stock
Heartland Financial USA Inc. 7.00% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E
Coupon is fixed at 7% until 7/14/2025. On 7/15/2025 the rate will be the 5 year treasury and a spread of 6.675% which is reset every 5 years.