1895 Bancorp of Wisconsin Inc., the parent company of Greenfield-based PyraMax Bank, announced Tuesday that it will voluntarily delist its stock from the Nasdaq Stock Market and deregister its common stock. The company’s stock trades on the Nasdaq exchange under the ticker symbol BCOW. At the end of trading on Tuesday, shares of the company’s
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David Ball Photo: PRNewsfoto/PyraMax Bank / 1895 Bancorp of Wisconsin, Inc.[/caption]
"After careful consideration, the board of directors has determined that this course of action is in the best interests of the company and its stockholders," said David Ball, president and CEO of PyraMax Bank. “Delisting and deregistration are expected to reduce our compliance and accounting expenses, and will allow management additional time to focus on our core mission.”
1895 Bancorp of Wisconsin has hired Keefe, Bruyette & Woods, Inc., a Stifel Company, as financial advisor to assist the company in evaluating strategic alternatives.
Established in 1895, PyraMax bank in 2018 