NEW YORK, Aug. 23, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today 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 14thCalifornia-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," said 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.
About Bank of San Francisco Bank of San Francisco (OTCQX: BSFO), headquartered in San Francisco, is a modern community bank, reflecting the best qualities of the San Francisco Bay Area culture. Bank of San Francisco is entrepreneurial, diverse, flexible and forward-thinking. As the Bay Area's premier community bank, serving businesses, nonprofits, individuals and families, the bank delivers high-touch, personalized service with agility and accountability.
About OTC Markets Group Inc. OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
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