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Slideshow Preferred Stocks By Industry: Banking & Savings

By Ru Back Packer Staff, updated Monday, January 29, 8:03 AM

#1. Customers Bancorp Inc | Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series C (NYSE:CUBI.PRC)

Premium to Liquidation Preference: 6.56%Average Premium in Category: 5.26%
Current Annualized Yield: 6.57%Average Yield in Category: 6.48%
Days Since Last Ex-Div Date: 57 | See Dividend History »Categorization: Banking & Savings

Alternate symbology:CUBI-C, CUBI-PC, CUBIprC
Call Date:6/15/2020
Shares Offered:2,000,000
Liquidation Preference:$25
Recent Market Price:$26.75
Premium to Liquidation Preference:
(More Preferreds Trading at a Premium »)
$1.75 (7.00%)
Annualized Dividend:1.75
Recent Ex-Date:11/29/2017
Current Yield:6.54%
Original Coupon:Fixed rate per annum equal to 7.00% from the original issue date to, but excluding, June 15, 2020, and thereafter at a floating rate per annum equal to three-month LIBOR on the related dividend determination date plus a spread of 5.30% per annum.
Pay Period:Quarterly
Pay Dates:15-Mar, 15-Jun, 15-Sep, 15-Dec
Customers Bancorp is a bank holding company. Through its subsidiary, Customers Bank, Co. provides financial products and services to small and middle market businesses, not-for-profits, and consumers. Co. provides a range of lending products, including commercial mortgage warehouse loans, multi-family and commercial real estate loans, small business loans, equipment loans, residential mortgage loans and other consumer loans. Co. also provides deposit products, including checking accounts, non-interest-bearing demand accounts, money market deposit accounts, savings accounts, and time deposit accounts. At Dec 31 2016, Co. had total assets of $9.38 billion and total deposits of $6.85 billion.

Preferred: CUBI.PRC

Open the CUBI Information Page »
Name: Customers Bancorp Inc
Sector: Banking & Savings
Number of ETFs Holding CUBI: 31 (see which ones)
Total Market Value Held by ETFs: $105,721,856
Total Market Capitalization: $930,000,000
% of Market Cap. Held by ETFs: 11.37%

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Preferred Stocks By Industry: Banking & Savings - Slide 1 of 4 | | Copyright © 2011 - 2018, All Rights Reserved