Ru Back Packer

Quotes delayed 20 minutes



If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Free Preferred Stock Newsletter
Gain access to weekly reports with featured preferred stock screens, new preferred stock offerings, and more.

Slideshow Preferred Stock Offerings

By Ru Back Packer Staff, updated Sunday, January 28, 9:13 AM

Slide #301. First PacTrust Bancorp, Inc. Preferred Stock Offering

Company: First PacTrust Bancorp, Inc. (NYSE:BANC)
Date announced: 6/6/2013
Shares Offered: 1,400,000
Date of Pricing: 6/6/2013
Price Per Share: $25
Preferred Stock Offering Details: First PacTrust Bancorp, Inc. (the "Company") (NASDAQ:BANC), the holding company for PacTrust Bank and Beach Business Bank, announced the pricing of an underwritten public offering of 1.4 million depositary shares, each representing a 1/40th interest in a share of its 8.00% Non-Cumulative Perpetual Preferred Stock, Series C, par value $0.01 per share and liquidation preference of $1,000 per share, at an offering price of $25.00 per depositary share, for gross proceeds of $35 million. The Company has also granted the underwriters a 30-day option to purchase up to an additional 210,000 depositary shares to cover over-allotments, if any, at the same price, for potential additional gross proceeds of $5.25 million. The Company expects to retain the majority of the net proceeds of the offering for possible acquisitions, support of organic growth, investments in, or extensions of credit to, its subsidiaries, investments in securities and for general corporate purposes.

Banc of California is a financial holding company. Through its subsidiary, Banc of California, National Association (the Bank), Co. provides banking products and services. The Bank's deposit and banking product and service offerings include checking, savings, money market, certificates of deposit, and retirement accounts. In addition, Co. provides, among others, automated bill payment, master demand accounts, foreign exchange, interest rate swaps, card payment services, remote and mobile deposit capture, automatic clearing house origination, wire transfer, direct deposit, and safe deposit boxes. As of Dec 31 2016, Co. had total assets of $11.03 billion and total deposits of $9.14 billion.

Preferreds: BANCP, BANC.PRC, BANC.PRD, BANC.PRE


Open the BANC Page at Ru Back Packer »

Name: Banc Of California Inc
Website: bancofcal.com
Sector: Banking & Savings
Number of ETFs Holding BANC: 39 (see which ones)
Total Market Value Held by ETFs: $118,857,956
Total Market Capitalization: $1,087,000,000
% of Market Cap. Held by ETFs: 10.93%

Open the BANC Page at Ru Back Packer (in a new window) »

Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference

The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500

Preferred Stock Offerings - Slide 301 of 414 | rubackpacker.com | Copyright © 2011 - 2018, All Rights Reserved