Preferreds Trading at the Largest Discounts

By Preferred Stock Channel Staff, updated Sun, October 24, 7:45 AM

This Slide: #1 of 25

#25. US Bancorp (DE) | Preferred Stock (NYSE:USB.PRA) | -5.00% CURRENT DISCOUNT

Discount to Liquidation Preference: -5.00%	Average Premium in Category: 7.01%
Current Annualized Yield: 3.77%	Average Yield in Category: 5.22%
Days Since Last Ex-Div Date: 22 \| See Dividend History »	Categorization: Financial

USB.PRA — Key Stats

Series:	A
Alternate symbology:	USB-A, USB-PA, USBprA
Redeemable?:	Yes
Call Date:	4/15/2011 (Now Trading Post Call Date)
Perpetual?:	Yes
Cumulative?:	No
Shares Offered:	50,000,000
Liquidation Preference:	$1,000
Recent Market Price:	$955.50
Discount to Liquidation Preference: (More Preferreds Trading at a Discount »)	$-44.50 (-4.45%)
Annualized Dividend:	35.77776
Recent Ex-Date:	9/29/2021
Current Yield:	3.74%
Original Coupon:	From the date of issuance to but not including the later of the Dividend Payment Date in April 2011 and the Stock Purchase Date at a rate per annum equal to 7.189% and thereafter for each related Dividend Period at a rate per annum equal to the greater of Three-Month LIBOR plus 1.02% or 3.50%
Pay Period:	Quarterly
Pay Dates:	15-Jan, 15-Apr, 15-Jul, 15-Oct
CDx3 Compliance Rating:	Learn USB.PRA's Rating

About US Bancorp (DE) (USB)

U.S. Bancorp is a financial services holding company. Through its subsidiaries, Co. provides a range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. Co. also engages in credit card services, merchant and ATM processing, mortgage banking, insurance, brokerage and leasing. Co.'s subsidiary, U.S. Bank National Association, is engaged in the general banking business, principally in domestic markets. Co.'s bank and trust subsidiaries provide a range of asset management and fiduciary services for individuals, estates, foundations, business corporations and charitable organizations.

Preferreds: USB.PRH, USB.PRA, USB.PRM, USB.PRO, USB.PRP

Open the USB Information Page »

USB — Key Stats (updated Friday, October 22, 10:17 AM)

Name:
US Bancorp (DE)
Website:
www.usbank.com
Sector:
Banking & Savings
Number of ETFs Holding USB:
112 (see which ones)
Total Market Value Held by ETFs:
$10,448,080,689.3
Total Market Capitalization:
$94,004,000,000
% of Market Cap. Held by ETFs:
11.11%