Founded in 1964 and headquartered in Birmingham, Alabama, Compass Bank is a regional full-service bank offering a wide range of financial services to retail and commercial customers. The bank provides essential products such as personal and business checking accounts, savings accounts, loans, and investment services, catering to both individual and business needs.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BCOMPS 3.88% 2025-04-10 USDCompass Bank | United States | 2025-04-10 | 3.875 | 0.00 |
| BCOMPS 5.90% 2026-04-01 USDCompass Bank | United States | 2026-04-01 | 5.900 | 4.97 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Compass Bank has a significant history of bond issuances, starting with its first offering in the early 1990s. Notable corporate actions include the issuance of a $250 million bond in 2015 to enhance capital and support expansion efforts, which featured a 3.5% coupon rate, notably attractive compared to industry averages. Currently, Compass Bank's bonds yield approximately 4%, positioning them competitively within the regional banking sector. Recent news includes plans to increase bond issuance in response to growing demand for financing, further solidifying its presence in the debt markets.