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Article: 17 Community Banks Added to America's Community Bankers NASDAQ Index.
- Article from:
- PR Newswire
- Article date:
- December 1, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WASHINGTON, Dec. 1 /PRNewswire/ -- America's Community Bankers announced today that 17 community banks have been added today to the America's Community Bankers NASDAQ Index. The index includes about 520 community banks with a market capitalization of more than $190 billion.
The index is the most broadly representative stock index for the community bank segment of the banking industry. ACB and NASDAQ launched the index in December 2003, to bring greater visibility to community banks, and in turn, promote greater market liquidity and fairer valuations.
When a company is no longer listed, it is removed from the index. Eligible companies are added on June ...