Lyons Bancorp among the 50 Best Performing Companies on the OTCQX Market
Canandaigua Clyde Geneva Jordan Lyons Macedon Newark Ontario Penn Yan Seneca County Wolcott Perinton Park Lyons (Main) Auburn (Downtown) Auburn (Grant Ave.), New York
Officials from the Over-the-Counter Quality Markets (OTCQX) reported that for 2018 Lyons Bancorp, Inc. a financial holding company and parent of The Lyons National Bank was among the 50 best performing companies listed on the exchange based on total return and growth in average daily volume. “Inclusion in this list is a direct reflection of your company’s commitment to increasing shareholder value and liquidity,” said Jason Paltrowitz, Director, OTC Markets Group International, Ltd. and Executive Vice President, Corporate Services.
“We have always ranked among the industry best when measured on shareholders’ return on average equity,” said Robert A. Schick, Chairman and CEO of Lyons Bancorp. “Once we approached the $1 billion asset mark, we focused on increasing the market liquidity of our shares by first outsourcing our registrar and transfer function to an independent professional firm. We followed that step by listing on the OTCQX, the highest level of the over-the-counter stock exchange. Our efforts are paying off.”
Lyons Bancorp, Inc. is the financial holding company for The Lyons National Bank. The Lyons National Bank is a community bank with offices in Lyons, Clyde, Macedon, Newark, Ontario and Wolcott in Wayne County; Jordan in Onondaga County; Geneva and Canandaigua in Ontario County; Penn Yan in Yates County; Waterloo in Seneca County; Perinton in Monroe County; and Auburn in Cayuga County. The Lyons National Bank has one subsidiary, Lyons Realty Associates Corp.