ABA Bank Index

What is ‘ABA Bank Index’

A banking index that is made up of community banks and banking institutions. This index was created to represent the smaller institutions of the banking industry and stands in contrast to the KBW Banking Index in that respect. The ABA index trades on the Nasdaq under the symbol ABAQ.

Explaining ‘ABA Bank Index’

The ABAQ Index is weighted according to market value. The index was created in 2003 in an effort to publicize the community banking industry and is computed for both total and price return. The ABAQ is also designed to aid in improved market liquidity and more equitable market valuations.

Further Reading

  • Top performing banks: size effect and economic cycles – joi.pm-research.com [PDF]
  • Production and transaction economies and IS outsourcing: a study of the US banking industry – www.jstor.org [PDF]
  • The ABA Top Performing Banks in a Time of Financial Crisis: Can They Outperform the Worst? – search.ebscohost.com [PDF]
  • The link between corporate social and financial performance: Evidence from the banking industry – link.springer.com [PDF]
  • Bank City USA: How Two Midsize Banks Power Outsized Economic Performance in America's Smallest Financial Hub – www.questia.com [PDF]
  • The financial knowledge of college freshmen – go.gale.com [PDF]
  • Dodd-Frank Drives Up Small-Bank Costs – www.questia.com [PDF]
  • How Financial Institutions Can Make Their Commercial Real Estate Portfolios Crisis-Proof – www.questia.com [PDF]
  • An analysis of nontraditional activities at US commercial banks – www.sciencedirect.com [PDF]