TYSONS CORNER, Va.--(BUSINESS WIRE)--
Cardinal Financial Corporation (CFNL), is pleased to announce that it has joined the S&P SmallCap 600®. On August 9th, Cardinal was added to the index compiled by Standard & Poor’s, used by investors to gauge the markets and help institutions and individuals make well-informed decisions.
The S&P SmallCap 600® measures the small cap segment of the U.S. equity market. Per the S&P Dow Jones Indices, “the index is designed to be an investable portfolio of companies that meet specific inclusion criteria to ensure that they are liquid and financially viable.” Companies are selected by committee, using strict eligibility standards established by the S&P Index Committee, including Market Capitalization, Financial Viability, and Adequate Liquidity and Reasonable Price. U.S. Companies with market cap ranging from $300 million to $1.4 billion are eligible for consideration.
“It is exciting to be added to the S&P index,” said Bernard H. Clineburg, Chairman and CEO of Cardinal Financial Corporation. “Our inclusion is a reflection of the success of our sound business strategy, and the company’s results in this competitive environment.”
About Cardinal Financial Corporation: Cardinal Financial Corporation, a financial holding company headquartered in Tysons Corner, Virginia, serves the Washington Metropolitan region through its wholly-owned subsidiary, Cardinal Bank, with 28 conveniently located banking offices. Cardinal also operates George Mason Mortgage. The Company's stock is traded on NASDAQ (CFNL). For additional information, visit our Web site at www.cardinalbank.com or call 703.584.3400.
- Banking & Budgeting
Bernard H. Clineburg
Chairman and CEO