CFR-P-B: CULLEN/FROST BANKERS, INC. 4.45% Series B Preferred Stock
CULLEN/FROST BANKERS, INC.'s CFR-P-B is an exchange-traded preferred stock in the Banks sector.
At a recent price of $16.54, CFR-P-B yields 6.73% on its $25 liquidation preference and 4.45% coupon.
It trades at a discount of 33.8% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2025-12-15.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.