August 16, 2018
Lyons Bancorp, Inc., the financial holding company for The Lyons National Bank, has qualified to trade on the OTCQX® Best Market. Lyons Bancorp upgraded to OTCQX from the Pink® market.
Effective Wednesday, August 15, Lyons Bancorp will trade on the OTCQX under the symbol "LYBC." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"Having achieved and exceeded two critically important financial benchmarks, reaching $1 billion in assets and $100 million in market capitalization, we look to improve the liquidity of our shares and further enhance their value to our shareholders," said Lyons Bancorp Chairman and Chief Executive Officer, Robert A. Schick. "The OTCQX Market will help us in this endeavor as it will give visibility to investors interested in a growth-oriented and financially strong community bank."
Last year marked the twenty-first consecutive year of record earnings for Lyons Bancorp, IncLyons National Bank. Furthermore, the financial results for the first half of 2018 have exceeded what was recorded in the first of half of 2017.