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Monday, Mar 18, 2024
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Endeavor Bank Shares Begin Trading on OTC Market

San Diego-based Endeavor Bank recently began trading on the OTC Markets Group’s Pink marketplace with the symbol EDVR.

Endeavor, which opened in January, was the first new bank to debut in San Diego County in 10 years. It launched with more than $26 million in initial capital from about 450 investors.

OTC Pink is the lowest of the three tiers run by the Markets Group, which operates marketplaces where investors trade in shares of public companies that don’t list on major exchanges. The parent company of San Diego-based Seacoast Commerce Bank also trades on OCT Pink.

Endeavor stock has been trading between $10.45 and $11.20 per share since the company listed in late June.

Bank CEO Dan Yates has said Endeavor aims to primarily serve local business owners, and that it sets itself apart from other community banks by providing consultative-style banking services.

Endeavor is headquartered in downtown San Diego in Symphony Towers and has a loan production office in Carlsbad.


Reach reporter Sarah de Crescenzo at sarahd@sdbj.com.

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