Core Points - Raymond James Financial, Inc. will redeem all 80,500 outstanding shares of its 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock on January 2, 2026 [1] - The redemption price will be $1,000.00 per share of Series B Preferred Stock and $25.00 per Series B Depositary Share, excluding any declared and unpaid dividends [1] - After the redemption, no shares of Series B Preferred Stock or Series B Depositary Shares will remain outstanding [1] Company Overview - Raymond James Financial, Inc. is a diversified financial services company providing services such as private client group, capital markets, asset management, and banking [3] - The company manages total client assets amounting to $1.75 trillion [3] - Raymond James has been publicly traded since 1983 and is listed on the New York Stock Exchange under the symbol RJF [3]

Core Viewpoint - Equitable Holdings, Inc. has announced the full redemption of its Series B Depositary Shares, indicating a strategic financial move to manage its capital structure effectively [1] Group 1 - The full redemption will involve the repurchase of all outstanding Series B Depositary Shares [1] - This action reflects the company's commitment to optimizing its balance sheet and enhancing shareholder value [1] - The redemption is expected to be completed on a specified date, providing clarity to investors regarding the timeline [1]

Core Viewpoint - First Horizon Corporation will redeem all outstanding shares of its 6.625% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series B, on August 1, 2025, with no shares remaining outstanding after the redemption [1][2]. Redemption Details - The redemption price is set at $25.00 per Series B Depository Share, equating to $10,000 per share of Series B Preferred Stock [2]. - Accrued dividends will not be included in the redemption price since the Redemption Date coincides with a dividend payment date [2]. - The regular semi-annual dividend declared in April will be paid separately on August 1, 2025, to shareholders of record as of July 17, 2025 [2]. Company Overview - First Horizon Corporation, with $81.5 billion in assets as of March 31, 2025, is a prominent regional financial services company headquartered in Memphis, TN [4]. - The company operates in 12 states across the southern U.S. and offers a range of services including commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking [4]. - First Horizon has received recognition as one of the nation's best employers by Fortune and Forbes magazines and is listed as a Top 10 Most Reputable U.S. Bank [4].