TCBIO Texas Capital Bancshares, Inc. ADRs of 5.75% Non-Cumulative Perpetual Preferred Series B

When, as and if declared by our Board of Directors, or a duly authorized committee thereof, dividends will be payable from the date of issuance, quarterly in arrears, on March 15, June 15, September 15 and December 15 of each year, beginning on June 15, 2021. We may redeem the Series B Preferred Stock at our option, subject to prior regulatory approval, (i) in whole or in part, from time to time, on any dividend payment date on or after June 15, 2026, or (ii) in whole but not in part at any time within 90 days following a regulatory capital treatment event (as defined herein), in each case at a redemption price equal to $1,000 per share, plus any declared and unpaid dividends, without regard to any undeclared dividends, to but excluding the redemption date.  This security was issued by Texas Capital Bancshares Inc, whose common stock symbol is TCBI.

$18.53  +0.65 (3.61%)
As of 03/27/2023 10:06:32 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:  02/24/2021
Outstanding shares:  13,800,000
Average volume:  33,006
Market cap:   $262,200,000
Current dividend yield:  7.57%    calculation
Coupon rate:    5.750%
Cumulative:    No
Liquidation value:   $25.00
Callable after:   06/15/2026
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:      BMH40V9