Sector: Banking
Bank OZK 4.625% Series A Non-Cumulative Perpetual Preferred Stock
Bank OZK is regulated by the FDIC and as such they do not file all statements with the SEC. As such the link below ‘All SEC Filings’ actually takes you to a company web page with all filings listed.
First Republic Bank 4.00% Non-Cumulative Perpetual Preferrred Stock, Series M
On 3/19/2023 S&P downgrade these to CCC
FDIC seized 4/30/2023 and FRC sold to JPM
Bank of America Corp 4.25% Non-Cumulative Preferred Shares, Series QQ
Western Alliance Bancorporation 4.25% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A
The coupon is fixed at 4.25% until 9/30/2026 after which it will reset and then every 5 years there after at the 5 year treasury plus a spread of 3.452%