PreferredStockChannel
IBERIABANK Corp | 6.625% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series B (IBKCP)

Prospectus excerpt:  We are offering 3,000,000 depositary shares each representing a 1/400th ownership interest in a share of our 6.625% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series B, par value $1.00 per share (˘Series B preferred stock÷), with a liquidation preference of $10,000 per share of Series B preferred stock (equivalent to $25 per depositary share).

Full Prospectus PDF », IBKC Page »

Series:B
Redeemable?:Yes
Call Date:8/1/2025
Perpetual?:Yes
Cumulative?:No
Shares Offered:3,000,000
Overallotment:450,000
Liquidation Preference:$25
Original Coupon:6.625% per annum, then, from, and including, August 1, 2025, dividends will accumulate and be payable at a floating rate equal to three-month LIBOR (as defined herein) plus a spread of 426.2 basis points per annum
Pay Period:Quarterly
Pay Dates:1-Feb, 1-May, 1-Aug, 1-Nov
CDx3 Compliance Rating: Learn IBKCP's Rating
IBERIABANK is a financial holding company. Co. is the holding company for IBERIABANK, a banking corporation; Lenders Title Company, which provides a line of title insurance and closing services throughout Arkansas, Tennessee, and Louisiana; IBERIA Capital Partners, LLC, which provides equity research, institutional sales and trading, and corporate finance services throughout the energy industry; 1887 Leasing, LLC, a holding company for Co.'s aircraft, IBERIA Asset Management, Inc., which provides wealth management and trust advisory services to individuals, pension funds, corporations and trusts; and IBERIA CDE, LLC, which invests in purchased tax credits.

Preferred: IBKCP


Open the IBKC Information Page »
Name: 
IBERIABANK Corp
Website: 
www.iberiabank.com
Sector: 
Banking & Savings

Quotes delayed 20 minutes

Email EnvelopeFree Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts
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 U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game

IBERIABANK Corp | 6.625% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series B (IBKCP) Information Page | Preferred Stock Channel | www.PreferredStockChannel.com

Copyright © 2010 - 2022, All Rights Reserved Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.