|
Buy (3.00 out of 4)
31st percentile
|
|
|
Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Friday, March 29, 8:42 AM
Slide #129. Stifel Financial Corp. — Preferred Stock Offering
Company: |
Stifel Financial Corp. (NYSE:SF) |
Date announced: |
5/12/2020 |
Shares Offered: |
8,000,000 |
Date of Pricing: |
5/12/2020 |
Price Per Share: |
$25.00 |
Preferred Stock Offering Details: |
Stifel Financial Corp. (NYSE: SF) today announced it has priced an underwritten registered public offering of 8,000,000 depositary shares ($200 million of aggregate public offering price), each representing a 1/1000th interest in a share of perpetual 6.125% Non-Cumulative Preferred Stock, Series C, $1.00 par value, with a liquidation preference of $25,000 per share (equivalent to $25 liquidation preference per depositary share). |
Stifel Financial is a financial holding company. Through its subsidiaries, Co. is engaged in retail brokerage; securities trading; investment banking; investment advisory; retail, consumer, and commercial banking; and related financial services. Co.'s segments are: Global Wealth Management, which provides securities transaction, brokerage, and investment services to its clients through the consolidated Stifel branch system; Institutional Group, which includes research, equity and fixed income institutional sales and trading, investment banking, public finance, and syndicate; and Other, which includes interest income from stock borrow activities and processing of securities transactions. Preferreds: SF.PRA, SF.PRB, SF.PRC, SF.PRD
Open the SF Page at Preferred Stock Channel »
Name: |
Stifel Financial Corp |
Website: |
www.stifel.com |
Sector: |
Investment Brokerages |
Number of ETFs Holding SF: |
69 (see which ones) |
Total Market Value Held by ETFs: |
$1,311,367,578.04 |
Total Market Capitalization: |
$773,000,000 |
% of Market Cap. Held by ETFs: |
169.65% |
|
Open the SF Page at Preferred Stock Channel (in a new window) »
|
|