Sector: Banking
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.
United Community Banks, Inc. 6.875% Non-Cumulative Preferred Stock, Series I
May only be redeemed on a dividend payment date
First Horizon National 6.50% Non-Cumulative Perpetual Preferred Stock, Series E
Pinnacle Financial Partners 6.75% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series B
Hancock Whitney Corporation 6.25% Notes due 2060
Previously was Hancock Holdings
OceanFirst Financial 7.00% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A
Coupon is fixed at 7% until 5/15/2025 after which time the coupon floats at 3 month SOFR plus a spread of 6.845%.
First Midwest Bancorp Inc. 7.00% Fixed Rate Non-Cumulative Perpetual Preferrd Stock, Series A
Wintrust Financial Corporation 6.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E
Coupon will be fixed until 7/15/2025 after which it will be reset at the 5 year treasury plus a spread of 6.507%. Every 5 years there after the coupon will reset at the 5 year treasury rate plus the spread
May only be redeemed on a dividend payment date
Truist Financial Corporation 5.25% Series O Non-Cumulative Perpetual Preferred Stock
May only be redeemed on a dividend payment date
First Citizens BancShares 5.375% Non-Cumulative Perpetual Preferred Stock, Series A
Dime Community Bancshares 5.50% Non-Cumulative Perpetual Preferred Stock, Series A
A ‘reopening’ of this issue occurred on 6/3/2020. 2 million additional shares were sold @ $19.87
Capital One Financial 4.80% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series J
Redeemable only on a dividend payment date
Wells Fargo & Company 4.75% Non-Cumulative Class A Preferred Stock, Series Z
Can only be redeemed on dividend payment date
BancorpSouth Bank 6.50% Series A Non-cumulative Perpetual Preferred Stock
BancorpSouth Bank is regulated by the FDIC, thus there are no SEC filings on the SEC Site–you must go to the link on the bottom of this page to find their filings.
Wells Fargo & Company 5.625% Non-Cumulative Perpetual Class A Preferred Stock, Series Y
Can only be redeemed on dividend payment date
Customers Bancorp Inc. 5.375% Subordinated Notes Due December 2034
Medallion Bank 8.00% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F
The coupon will be fixed at 8% until 4/1/2025 after which it will float at the rate of 3 month SOFR, plus a spread of 6.46%.
Medallion Bank is a division of Medallion Financial
We show no prospectus below because the bank files through the FDIC and one must go to that site and search for the prospectus
https://efr.fdic.gov/fcxweb/efr/index.html
https://efr.fdic.gov/fcxweb/efr/index.html
SVB Financial Group 5.25% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A