PNFP-P-A: Pinnacle Financial Partners, Inc. 6.3% Series A Preferred Stock
Pinnacle Financial Partners, Inc.'s PNFP-P-A is an exchange-traded preferred stock in the Banks sector.
At a recent price of $25.32, PNFP-P-A yields 7.37% on its $25 liquidation preference and 6.3% coupon.
It trades at a premium of 1.3% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2023-06-21.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.