Howard Bancorp Added to Prestigious ABA NASDAQ Community Bank Index
President & CEO Mary Ann Scully has announced that Howard Bancorp, Inc. (HBMD) has been added to the ABA NASDAQ Community Bank Index, the nation's most broadly representative stock index for community banks. The index includes approximately 400 community banks with more than $125 billion in market capitalization.
"We are enthusiastic about being included in the ABA NASDAQ Index. We believe being part of the Index will our bank added visibility and recognition on Wall Street," said Scully. "Howard Bancorp was established in 2004 and is well-known in our own communities for meeting the financial needs of the markets we serve; now we will become better known among investors and stock analysts."
Howard Bank is a growth-focused community bank serving businesses, professionals and individuals in the Greater Baltimore area. As of June 30, 2012, Howard Bank, headquartered in Ellicott City, MD had $356 million in assets and five full service branches and a regional office. Howard Bank is a wholly owned subsidiary of Howard Bancorp (NASDAQ: HBMD). For information, call 410-750-0020 or visit www.howardbank.com
Source: Howard Bancorp, Inc.