By a News Reporter-Staff News Editor at Investment Weekly News -- Baylake Corp. (the "Company") (NASDAQ: BYLK), holding company for Baylake Bank (the "Bank"), which provides full service banking and financial services from 21 locations in Northeast Wisconsin, announced the Company has been added to the ABA NASDAQ Community Bank Index (the "Index").
Launched in 2003, the Index currently tracks the performance of approximately 374 community banks with a total market capitalization of approximately $175 billion. The Index is calculated on both stock price return and total return, with performance reported on the ABA website and through financial data services under the ticker symbol "ABAQ." The ABA is the nation's largest banking trade association.
Robert J. Cera, President and CEO, commented: "Baylake Corp. began trading on NASDAQ in November 2013, and we welcome the opportunity to now be included in the ABA NASDAQ Community Bank Index. We believe joining the Index will further enhance our initiatives to expand Baylake's visibility and recognition among individual and institutional investors."
Baylake Corp., headquartered in Sturgeon Bay, Wisconsin, is the bank holding company for Baylake Bank. Through Baylake Bank, Baylake Corp. provides a variety of banking and financial services from 21 financial centers located throughout Northeast Wisconsin, in Brown, Door, Kewaunee, and Outagamie Counties.
Keywords for this news article include: Baylake Corp., Finance and Investment, Investment and Finance.
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