SALISBURY, Md., May 06, 2020 (GLOBE NEWSWIRE) -- Delmar Bancorp (NASDAQ: DBCP), a multi-bank holding company, today announced its common stock has been approved for listing on the NASDAQ Capital Market.
Trading is expected to commence today, May 6, 2020 under the current symbol, DBCP.
Lloyd B. Harrison, III, CEO of Delmar, stated “When we completed the share exchange between Virginia Partners Bank and Delmar Bancorp on November 15, 2019, we began to create a new framework designed to leverage the benefits of community banking through the strength of a larger, multi-bank holding company. Listing on NASDAQ is an important part of our strategy, giving us greater exposure to the investor community and enhanced liquidity for our shareholders. This will be particularly beneficial as we seek to expand the ‘family of community banks’ model within the mid-Atlantic region.”