State Bank Financial Corporation Added to Russell 2000
ATLANTA, July 12, 2011 /PRNewswire/ -- State Bank Financial Corporation ("State Bank") (NASDAQ: STBZ) today announced it was added to the Russell 2000® Index and Russell 3000® Index when Russell Investments reconstituted its comprehensive set of U.S. and global equity indexes on June 24, 2011.
Russell indexes are widely used by investment managers and institutional investors for both index funds and as benchmarks for passive and active investment strategies. State Bank will hold its membership at least until Russell reconstitutes its indexes in June 2012. The Russell 3000 also serves as the U.S. component to the Russell Global Index, which Russell launched in 2007.
The annual reconstitution of the Russell 3000 captures the 3,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. The largest 1,000 companies in this ranking comprise the Russell 1000 and the next 1,000 companies become the Russell 2000.
More information about Russell Indexes, including total returns, is available at http://www.russell.com/Indexes/data/default.asp
About State Bank Financial Corporation and State Bank & Trust Company
State Bank Financial Corporation is the holding company for State Bank & Trust Company, one of Georgia's best-capitalized banks, with $2.69 billion in assets throughout Middle Georgia and Metro Atlanta. State Bank has locations in Metro Atlanta, as well as Bibb, Houston, Dooly, and Jones counties in Middle Georgia.
Over the past twenty-five years, State Bank Chairman and CEO Joe Evans and his management team have led some of Georgia's most successful community banks, including Flag Financial Corp., Century South Banks, and Bank Corporation of Georgia. State Bank Financial Corporation's headquarters are in Atlanta, while State Bank & Trust Company is headquartered in Macon, Georgia.
To learn more about State Bank, visit www.statebt.com.
STATE BANK & TRUST COMPANY
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SOURCE State Bank Financial Corporation
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