Most preferred bank shares with a fixed dividend rate have taken a beating this year thanks to higher rates across the board. This comes against the backdrop of solid capital positions for the banks. What's more, the higher-than-expected rates created an earnings boost that will continue into 2023, albeit with the expectations of rates going back down later next year. In this article, I will highlight two preferred shares which look like good buys, especially if rates come down as expected, starting in late 2023. JPMorgan (NYSE:JPM) Preferred Shares One of the biggest beneficiaries among JPMorgan's preferred share classes for a return to a long-term neutral 2.
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