Due to health issues, this site is no longer maintained and will be shut down shortly.

FNB-E F.N.B. Corporation ADRs of Fixed-to-Floating Rate Non-Cumulative Preferred Series E

Dividends on the Preferred Stock, when, as and if declared by our board of directors or a duly authorized committee of the board, will accrue and be payable on the liquidation preference amount, on a non-cumulative basis, quarterly in arrears on the 15th day of February, May, August and November of each year, commencing on February 15, 2014, at a fixed rate per annum equal to 7.25% from the original issue date to, but excluding, February 15, 2024, and thereafter at a floating rate per annum equal to the three-month U.S. dollar LIBOR on the related dividend determination date plus a spread of 4.60% per annum. The Preferred Stock may be redeemed at our option, in whole or in part, from time to time, on or after February 15, 2024, at a redemption price equal to $1,000 per share (equivalent to $25 per Depositary Share), plus any declared and unpaid dividends (without regard to any undeclared dividends), on any dividend payment date.   This security was issued by FNB Corp, whose common stock symbol is FNB.

$24.28  +0.10 (0.41%)
As of 03/27/2023 10:08:21 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Financials
Industry:  Banks-Regional
Index country:  USA
Country of incorporation:  USA
IPO date:  11/11/2013
Outstanding shares:  4,000,000
Average volume:  12,850
Market cap:   $100,480,000
Current dividend yield:  7.22%    calculation
Initial coupon rate:    7.250%
Spread to LIBOR: 0.046000
Cumulative:    No
Liquidation value:   $25.00
Callable after:   02/15/2024
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol:      BGDXK85

2022 © Stock Market MBA, Inc. Terms of use | Privacy policy