Exchange Bank (OTCMKTS:EXSR) Appoints Bill Ryan as Vice President and Senior Investment Officer to Oversee Investment Management
Exchange Bank (OTCMKTS:EXSR) was founded in 1890, and has headquarters in Sonoma County. It offers a vast range of personal, commercial, and trust and investment management services with 16 retail branches in Sonoma County, a commercial branch in Roseville, and Trust & Investment Management offices in Santa Rosa, Roseville, and Silicon Valley. The full-service community bank has assets of $3.5 billion. It has held a record of being a 16-year winner of the North Bay Business Journal’s Best Places to Work survey and the 2022 San Francisco Business Times Corporate Philanthropy Award. Apart from that, it has won numerous accolades such as The Petaluma Argus-Courier People’s Choice Awards naming Exchange Bank Best Local Bank 2022, and Bohemian Magazine’s Best of the North Bay 2022 declaring Exchange Bank Best Business Bank and Best Consumer Bank.
Market Stats
On Monday, EXSR stock ended flat at $119.50 with 225 shares, compared to its average volume of 450 shares. The stock moved within a range of $119.50 – 119.50 after opening trading at $119.51.
Exchange Bank Announces Bill Ryan, Vice President and Senior Investment Officer, Trust & Investment Management
Exchange Bank has announced the appointment of Bill Ryan as vice president and senior investment officer, on July 25, 2022. He will supervise investment management on behalf of the company in the South Bay, Sacramento, and Sonoma County markets.
Bill is from Boston College and got his BA in Economics and Philosophy. He is active in the community and a regular volunteer at the Alameda Food Bank. He has more than three decades of experience in the financial industry. Prior to joining Exchange Bank, he worked for Comerica Bank, Charles Schwab, UBS, and Pacific Stock Exchange.
Bill has also served in the role of senior investment strategist, financial advisor and relationship manager, and independent options market maker. Bill was on the Member Investment Policy Committee Working Group, co-managed the large-cap core strategy, and was an equity analyst during his time at Comerica Bank.
Exchange Bank Declares Second Quarter Cash Dividend
A couple of months back, on May 17, 2022, the Exchange Bank Board of Directors declared a quarterly cash dividend of $1.20 per share on common stock outstanding to shareholders of record at the close of business on June 3, 2022.
This cash dividend was payable on June 17, 2022, and unchanged from the prior quarter’s dividend of $1.20 per share. 50.44% of the Bank’s cash dividend was payable to the Doyle Trust which funds the Doyle Scholarships at the Santa Rosa Junior College.