Origin Bancorp, Inc. began trading on the Texas Stock Exchange (TXSE) today under its existing ticker, OBK. The transfer of its primary listing from the New York Stock Exchange was completed at the open. No action is required to be taken by stockholders.
The company is the holding company for Origin Bank, founded in 1912 in Choudrant, Louisiana, and headquartered in Ruston. It operates more than 57 locations across Dallas/Fort Worth, East Texas, Houston, North Louisiana, Mississippi, Alabama and the Florida Panhandle.
Drake Mills, chairman, president and chief executive of Origin Bancorp, said: “As we begin trading on the Texas Stock Exchange, our listing is now located in one of the country’s fastest growing business centers where we have established a strong footprint. We are proud to join the TXSE as a founding member and look forward to continuing to deliver elite-level financial performance and creating long-term value for our employees, customers, communities and stockholders.”
Origin said the transfer reinforces its commitment to supporting clients and communities throughout the Gulf South. James H. Lee, chairman and chief executive of the Texas Stock Exchange, said: “We welcome Origin Bancorp to the Texas Stock Exchange on its first day of trading. Origin is a respected regional banking franchise with roots in Louisiana and an important and growing presence across Texas. We are proud to support their next chapter as a TXSE-listed issuer.”
TXSE described Origin as a founding partner and called itself the only primary listings venue in the Boom Belt. The transfer was first announced on September 15. Origin joins International Bancshares, Texas Capital and Energy Transfer and its affiliates as primary listings on the exchange.
See Also:
BOOM BELT Revolution: Texas Stock Exchange Leads the Charge | Disruption Banking
Why International Bancshares Is Moving Its Primary Listing to Texas | Disruption Banking
Texas Capital to Bring Corporate Listing Home to the Texas Stock Exchange | Disruption Banking
