FRC-L FIRST REPUBLIC BANK ADRs of 4.250% Noncumulative Perpetual Series L Preferred

Non-cumulative distributions of 4.25% per annum will be paid quarterly on 1/30, 4/30, 7/30 & 10/30, Redeemable at the issuer's option on or after 03/30/2026 at $25 per depositary share plus declared and unpaid dividends.  This security was issued by First Republic Bank, whose common stock symbol is FRC.

$5.84  +0.61 (11.66%)
As of 03/27/2023 12:32:37 EST     IEX book   CBOE book

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Security Information

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Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Financials
Industry:  Banks-Regional
Index country:  USA
Country of incorporation:  USA
IPO date:  02/11/2021
Outstanding shares:  26,000,000
Average volume:  18,775
Market cap:   $475,800,000
Current dividend yield:  5.81%    calculation
Coupon rate:    4.250%
Cumulative:    No
Liquidation value:   $25.00
Callable after:   03/30/2026
Maturity date:    n/a - perpetual
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol:      BMH5WY9