TFC-P-I: TRUIST FINANCIAL CORP 4.00% Series I Preferred Stock
TRUIST FINANCIAL CORP's TFC-P-I is an exchange-traded preferred stock in the Banks sector.
At a recent price of $18.02, TFC-P-I yields 7.14% on its $25 liquidation preference and 4.00% coupon.
It trades at a discount of 27.9% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2024-12-15.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.