Invest in black-owned banks and companies. As with any investment in equities, there is risk associated with buying a stake of ownership in a company through the stock market. You should research any investment and consider your investment relative to your risk tolerance and long-term objectives. Your purchase of stock in a black-owned bank or company can help to improve their financial health and ability to grow. And in the long term, your investment can potentially grow, too.
Note: Many black-owned companies are micro-cap or small-cap companies that are thinly-traded and may be listed on the OTC (Pink Sheets) exchange and not on the NYSE or NASDAQ exchanges. As a result, they do not have the same reporting requirements and may carry a higher risk than larger companies traded on the major exchanges. Some OTC stocks may not be available for purchase with your broker.
~ bankblackusa.org
Black-Owned Bank Stocks and Minority Depository Institution Bank Stocks
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American Shared Hospital Services
Stock Symbol: AMS
Price per share: $2.18
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Axsome Therapeutics
Stock Symbol: AXSM
Price per share: $78.95
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Broadway Financial
Stock Symbol: BYFC
Price per share: $2.48
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Carver Federal Savings Bank
Stock Symbol: CARV
Price per share: $8.80
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Global Blood Therapeutics, Inc.
Stock Symbol: GBT
Price per share: $67.29
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Ping Identity Holding Corp.
Stock Symbol: PING
Price per share: $33.27
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Urban One
Stock Symbol: UONE
Price per share: $24.74
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