OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, has announced Bank of San Francisco (OTCQX: BSFO), a modern community bank headquartered in San Francisco, has qualified to trade on the OTCQX® Best Market. Bank of San Francisco was previously privately-held.
Bank of San Francisco begins trading today on OTCQX under the symbol “BSFO.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
We are pleased to welcome Bank of San Francisco, the 14th California-based bank to trade on the OTCQX Best Market to provide transparency for their investors,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. “OTCQX provides innovative community banks with an efficient market to build visibility and long-term shareholder value. We look forward to supporting Bank of San Francisco in the public market.
Bank of San Francisco is proud to partner with OTCQX. Trading on this premium public market will provide liquidity for our shareholders and create enhanced visibility and a national presence for our bank,” added Ed Obuchowski, Chief Executive Officer of Bank of San Francisco.
Bank of San Francisco was sponsored for OTCQX by Sandler O’Neill + Partners, L.P., a qualified third-party firm responsible for providing guidance on OTCQX requirements and recommending membership.