WASHINGTON – The America’s Community Bankers NASDAQ Index (ACBQ) outperformed the broader market indexes for the first half of the year. The ACBQ Index posted an increase of 5.5% for the six months ending June 30, 2006, highlighting the strong investment performance of the community banking sector. The index value was 120.00 at year-end 2005 and 126.62 as of June 30, 2006. The Index had a market capitalization of over $215 billion and included 523 community banks. The S&P 500 Index was up only 1.75% and the NASDAQ Composite lost 1% over the same period. The ACBQ Index includes only community banks and thrifts, excluding large banks and those with specializations in credit cards and international lending.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.