(Lyons, NY) – January 18, 2023 – Lyons Bancorp, Inc. (OTCQX: LYBC), the financial holding company for The Lyons National Bank (LNB), has been named to the 2023 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. This top 50 honor recognizes national as well as international companies of all sizes, industries and geographic regions and both large and small cap stocks. Individual company rankings are calculated based on its total return, consisting of market price appreciation plus annual dividend and growth in the company’s average daily trading volume. In 2022, the Best 50 delivered a median total return of 20% to their investors.
“Our LNB staff are our standard-bearers–and the basis for our growth, continued financial success and ultimate stock performance,” said Robert A. Schick, Chairman of the Board of Directors. “The Bank’s tagline, ‘It’s all about people’ is much more than a catchy phrase, it embodies who we are at our core. We are proud to be recognized for this achievement and even more proud of our staff and their daily mission to help the local communities we serve thrive.”
LNB’s footprint covers seven upstate New York counties with 16 offices. Assets, currently exceeding $1.7 billion, have provided shareholders with a compounded total return on their investment in the mid-teens and a dividend that has increased 39 times in the last two decades.
For the complete 2023 OTCQX Best 50 ranking visit:
The OTCQX Best Market offers transparent and efficient trading of established, investor-focused U.S. and global companies. To qualify for the OTCQX market, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.