West Coast Community Bancorp Named to 2024 OTCQX Best 50
- West Coast Community Bancorp ranked 37th among the 2024 OTCQX Best 50 performing companies with a return of 22.00% to shareholders in 2023.
- None.
The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the previous calendar year. Companies in the 2024 OTCQX Best 50 were ranked based on 2023 stock performance.
Santa Cruz County Bank President and CEO Krista Snelling stated, "Compared to 575 companies of all sizes, industries, and geographic regions, West Coast Community Bancorp ranked 37th among the 2024 OTCQX Best 50 performing companies with a return of
For the complete 2024 OTCQX Best 50 ranking, visit: https://www.otcmarkets.com/files/2024_OTCQX_Best_50.pdf.
ABOUT THE OTCQX:
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ABOUT
Founded in 2004, Santa Cruz County Bank is the wholly owned subsidiary of West Coast Community Bancorp, a bank holding company. The Bank is a top-rated, locally operated, and full-service community bank headquartered in
NATIONAL, STATE, AND LOCAL RATINGS AND AWARDS
- 2024 OTCQX Best 50: West Coast Community Bancorp "SCZC" stock ranked 37th in the Best 50 for stock performance based on total return and growth in average daily dollar volume in 2023.
- American Banker Magazine: The Bank is ranked #89 in the Top 200 Community Banks list based upon 3-year average equity for banks under
$2 billion - S&P Global Market Intelligence: The Bank is ranked #6 in the Top 100 banks nationwide for 2022 performance for banks under
$3 billion Western U.S. with assets under$10 billion - The Findley Reports, Inc.: The Bank has received the top ranking of Super Premier for 13 consecutive years.
- Bauer Financial Reports, Inc.: The Bank is rated 5-star "Superior" based upon its financial performance.
U.S. Small Business Administration: The Bank is in the Top 100 most active SBA 7(a) lenders in the nation.- Silicon Valley Business Journal: The Bank is the top ranked, #1 lender by number of SBA loans and #3 ranked by total dollar volume lent to Silicon Valley businesses from October 1, 2022 to September 30, 2023.
- Good Times, 2023 Best of Santa Cruz County Award, Voted "Best Bank" for 11 consecutive years.
- Santa Cruz Sentinel, 2022 Reader's Choice Award, number one bank in
Santa Cruz County as voted by Santa Cruz Sentinel readers for 9 years.
Forward-Looking Statements
This release may contain forward-looking statements that are subject to risks and uncertainties. Such risks and uncertainties may include but are not necessarily limited to fluctuations in interest rates (including but not limited to changes in depositor behavior in relation thereto), inflation, government regulations and general economic conditions, and competition within the business areas in which the Bank is conducting its operations, including the real estate market in California and other factors beyond the Bank's control. Such risks and uncertainties could cause results for subsequent interim periods or for the entire year to differ materially from those indicated. Readers should not place undue reliance on the forward-looking statements, which reflect management's view only as of the date hereof. The Bank undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.
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SOURCE West Coast Community Bancorp
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