Transactions & Rankings

Transactions History

Throughout our history, we have consistently ranked among the top financial  firms in the United States, earning the reputation as a trusted leader in public finance.

Amount Date Issuer Role Deal Type Branch
$5,995,000 04/15/2021 Great Falls (City of), Montana, Tax Increment Urban Renewal Revenue Bonds (Downtown Urban Renewal District), Series 2021 Manager Negotiated Great Falls
$9,690,000 03/31/2021 City of Webster City, Iowa General Obligation Annual Appropriation Corporate Purpose and Refunding Bonds, Series 2021A Manager Negotiated Des Moines
$5,055,000 03/31/2021 City of Webster City, Iowa Water Revenue Improvement and Refunding Bonds, Series 2021B Manager Negotiated Des Moines
$38,985,000 03/31/2021 Montana Board of Housing (MBOH), Single Family Mortgage Bonds 2021 Series A-1 (Non-AMT) Co-Manager Negotiated Great Falls
$4,425,000 03/31/2021 Montana Board of Housing (MBOH), Single Family Mortgage Bonds 2021 Series A-2 (AMT) Co-Manager Negotiated Great Falls
$1,838,593 03/31/2021 City of Cole Camp, Missouri, Combined Waterworks and Sewerage System Refunding Revenue Bonds, Series 2021A Placement Agent Negotiated Kansas City
$1,053,651 03/31/2021 City of Cole Camp, Missouri, Combined Waterworks and Sewerage System Refunding Revenue Bonds, Series 2021B Placement Agent Negotiated Kansas City
$18,445,000 03/31/2021 Port of Greater Cincinnati Development Authority, Tax-Exempt Development Revenue Bonds, Series 2021 (FC Cincinnati Public Improvements Project TOT Bonds) Manager Negotiated Mason
$715,000 03/31/2021 The County of Richardson, Nebraska, General Obligation Highway Allocation Fund Refunding Bonds, Series 2021 Manager Negotiated Omaha
$1,022,000 03/31/2021 Malaga Water District, Chelan County, Washington Water Revenue Refunding Bond, 2021 Placement Agent Negotiated Seattle
$985,000 03/30/2021 City of Gretna, Nebraska - General Obligation Water Refunding Bonds, Series 2021 Manager Negotiated Omaha
$298,090,000 03/30/2021 State of Oregon, General Obligation Bonds, 2021 Series A (Article XI-Q State Projects) Co-Manager Negotiated Portland

Industry Ranking

A perennial leader in fixed income financing.

2020 Negotiated Underwriter Ranking - Ranking by Number of Issues

Lead Manager Rank Par Amount($mil) Number of lssues
Stifel, Nicolaus & Co., Inc 1 $17,856.50 877
Piper Jaffray & Co 2 $17,457.40 646
RBC Capital Markets 3 $27,975.60 625
D.A. Davidson & Co. 4 $5,319.90 517
Raymond James 5 $15,325.50 515
Robert W. Baird & Co., Inc 6 $5,343.80 384
Bank of America Securities 7 $46,564.40 327
Citi 8 $37,998.90 274
J.P. Morgan Securities LLC 9 $31,458.30 263
Morgan Stanley 10 $25,046.80 204
Wells Fargo & Co. 11 $18,692.40 182
PNC Financial Services Group, Inc. 12 $3,895.40 175
Hilltop Securities 13 $2,414.00 138
Samco Capital Markets 14 $743.20 134
L.J. Hart & Company 15 $493.00 122
Barclays 16 $16,121.40 120
Goldman Sachs & Co. LLC 17 $18,006.50 112
FMSbonds Inc 18 $758.80 96
Jefferies LLC 19* $16,883.20 92
Northland Securities 19* $499.10 92
Crews & Associates Inc 21* $856.00 87
KeyBanc Capital Markets 21* $2,568.50 87
Ameritas Investment Corp. 23 $201.80 83
Colliers Securities 24 $912.00 82
Roosevelt & Cross Inc 25 $519.80 81

Data Source: Refinitive/SDC January 2021
*tie

2020 Negotiated Underwriter Ranking - Ranking by Dollar Amount

Lead Manager Rank Par Amount($mil) Number of lssues
Bank of America Securities 1 $46,564.40 327
Citi 2 $37,998.90 274
J.P. Morgan Securities LLC 3 $31,458.30 263
RBC Capital Markets 4 $27,975.60 625
Morgan Stanley 5 $25,046.80 204
Wells Fargo & Co. 6 $18,692.40 182
Goldman Sachs & Co LLC 7 $18,006.50 112
Stifel, Nicolaus & Co., Inc 8 $17,856.50 877
Piper Jaffray & Co 9 $17,457.40 646
Jefferies LLC 10 $16,883.20 92
Barclays 11 $16,121.40 120
Raymond James 12 $15,325.50 515
Siebert Williams Shank & Co 13 $10,557.80 71
Ramirez & Co Inc 14 $6,181.10 45
Robert W. Baird & Co., Inc 15 $5,343.80 384
D.A. Davidson & Co. 16 $5.319.90 517
Loop Capital Markets 17 $4,315.90 39
PNC Financial Services Group, Inc. 18 $3,895.40 175
UBS Financial Services Inc 19 $3,124.70 47
Ziegler 20 $2,603.10 80
KeyBanc Capital Markets 21 $2,568.50 87
Hilltop Securities 22 $2,414.00 138
Oppenheimer & Co 23 $1,660.00 70
FHNC Financial Capital Markets 24 $1,656.20 66
The Frazer Lanier Company Inc 25 $1,285.50 74

Data Source: Refinitive/SDC January 2021