Corporate ActionJul 29, 2026, 04:34 PM
Private Bancorp of America Uplists to Nasdaq Global Select Market
AI Summary
Private Bancorp of America, Inc. announced its common stock has been approved for listing on the Nasdaq Global Select Market, effective July 30, 2026, under its current ticker symbol "PBAM". This follows the SEC declaring its Registration Statement on Form 10 effective. The company, which previously traded on the OTCQX market for over 13 years, views this uplisting as a significant achievement that will enhance credibility, expand access to capital, and improve market visibility and liquidity. The company also reported strong financial results for Q2 2026, with $2.71 billion in assets and $13.1 million in net income.
Key Highlights
- Private Bancorp of America uplists to Nasdaq Global Select Market.
- Common stock will trade under ticker "PBAM" starting July 30, 2026.
- Registration Statement on Form 10 declared effective by the SEC.
- Previously traded on the OTCQX market for over 13 years.
- Company reported $2.71 billion in assets as of June 30, 2026.
- Net income was $13.1 million for the quarter ended June 30, 2026.
- Diluted earnings per share was $2.27 for Q2 2026.
Price Impact