NOVATO, Calif.--(BUSINESS WIRE)--
Bank of Marin Bancorp, (NASDAQ:BMRC), parent company of Bank of Marin,
is being added into the NASDAQ ABA Community Bank Index (ABQI) effective
prior to market opening on December 21, 2015. Bank of Marin Bancorp has
been traded on NASDAQ since 1999.
“Being added to the NASDAQ ABA Community Bank Index is affirmation of
the Bank’s long-term performance and disciplined strategic focus,” said
Russell A. Colombo, President and Chief Executive Officer. “This is an
important milestone for our company as we continue to build shareholder
value.”
The Community Bank Index is designed to track the performance of banks
and thrifts, or their holding companies listed on The NASDAQ Stock Market®.
The Index is intended to serve as a benchmark for investment products by
including larger and more liquid community banks. The NASDAQ OMX ABA
Community Bank Index is reviewed on a semi-annual basis. For more
information about the NASDAQ OMX ABA Community Bank Index, including
detailed eligibility criteria, visit: https://indexes.nasdaqomx.com/Index/Overview/ABQI.
About Bank of Marin
Bank of Marin is a leading business and community bank in the San
Francisco Bay Area, with assets of $1.9 billion. Founded in 1989 and
headquartered in Novato, Bank of Marin is the wholly-owned subsidiary of
Bank of Marin Bancorp (NASDAQ:BMRC). With 21 offices in San Francisco,
Marin, Napa, Sonoma and Alameda counties, Bank of Marin provides
business and personal banking, commercial lending, and wealth management
and trust services. Specializing in providing legendary service to its
customers and investing in its local communities, Bank of Marin has
consistently been ranked one of the “Top Corporate Philanthropists" by
the San Francisco Business Times and one of the “Best Places to Work” by
the North Bay Business Journal. Bank of Marin Bancorp is included in the
Russell 2000 Small-Cap Index and has been recognized as a Top 200
Community Bank by US Banker Magazine for the past five years. For more
information, go to www.bankofmarin.com.
About Nasdaq
Nasdaq (Nasdaq: NDAQ)
is a leading provider of trading, clearing, exchange technology,
listing, information and public company services across six continents.
Through its diverse portfolio of solutions, Nasdaq enables customers to
plan, optimize and execute their business vision with confidence, using
proven technologies that provide transparency and insight for navigating
today's global capital markets. As the creator of the world's first
electronic stock market, its technology powers more than 70 marketplaces
in 50 countries, and 1 in 10 of the world's securities transactions.
Nasdaq is home to more than 3,600 listed companies with a market value
of approximately $8.8 trillion and more than 10,000 corporate clients.
To learn more, visit: nasdaq.com/ambition
or business.nasdaq.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151217005433/en/
Pfaff PR for Bank of Marin
Sandy Pfaff, 415-819-7447
sandy@pfaffpr.com
Source: Bank of Marin Bancorp