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Valley National Bancorp 6.25% Fixed-to-Floating Non-cumulative Preferred Stock

Coupon is fixed at 6.25% until 6/30/2025 after which it floats at a rate of 3 month Libor plus a spread of 3.85%

Only redeemable on a dividend payment date




Oriental Financial Group 7.125% Non-Cumulative Monthly Income Preferred Stock




New York Community Bank 6.375% Fixed to Floating Rate Noncumulative Perpetual Preferred Stock

Coupon is fixed at 6.375% until 6/17/2027 after  which it floats at the rate of 3 month Libor plus a spread of 3.821%.




First Republic Bank 5.125% Non-Cumulative Series H Perpetual Preferred Stock

On 3/19/2023 S&P downgrade these to CCC

FDIC seized 4/30/2023 and FRC sold to JPM





First Internet Bancorp 6.00% Fixed-to-Floating Rate Subordinated Notes due 2026

The coupon will be 6% until 9/30/2021 after which it will float at a rate of 3 month Libor plus a spread of 4.85%





JPMorgan Chase & Co. 5.75% Non-Cumulative Preferred Stock, Series DD

Only redeemable on a dividend payment date