Our site runs on donations to keep it running for free. Please consider donating if you enjoy your experience here!

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

Ticker: FRC-M

Parent Ticker: FRC

OTC Grey Market Temporary Ticker: NA

Issuance Date: 07/14/2021

1st Call Date: 08/30/2026

Maturity Date: None

Shares Issued: 30,000,000

Overallotment Shares: 0

Coupon: 4.00%

Face Value: $25.00

Cumulative: No

Qualified: Yes

Quarterly Dividend Amount: 0.25

Payment Months: JAN, APR, JUL, OCT

Payment Day: 30

S&P Rating: CCC

III Rating (In Regards to Dividend Safety Only): F

Moody Rating: Ca

Fitch Rating: NR

Egan-Jones Rating: NR