NEW YORK, June 20, 2018–(PRNewswire)–OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Delmarva Bancshares, Inc. (OTCQX: DLMV), a Bank Holding Company for 1880 Bank, a state-chartered, Federal Reserve member commercial bank, has qualified to trade on the OTCQX® Best Market. Delmarva Bancshares upgraded to OTCQX from the Pink Market.
Delmarva Bancshares begins trading today on OTCQX under the symbol “DLMV.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
“Trading on OTCQX provides Delmarva Bancshares the opportunity to amplify their visibility with shareholders through transparent trading and peer benchmarking in an efficient, cost-effective public market,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. “We are proud to welcome Delmarva Bancshares to our growing family of investor-focused banks trading on OTCQX.”
“We believe upgrading Delmarva Bancshares shares to OTCQX will enhance value to our shareholders and increase the liquidity of DLMV shares. The depth and quality of the financial institutions trading on QTCQX places DMLV with investor-focused, well performing banks. The move emphasizes the performance strength, operating quality and growth potential of our company,” said Kim C. Liddell, Chairman, President and Chief Executive Officer.