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 $24.96, PNFP-P-A yields 7.48% on its $25 liquidation preference and 6.3% coupon.
It trades at a discount of 0.2% 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.