MidSouth Bancorp Inc. in Lafayette said Thursday it will transfer the listing of its common stock to the New York Stock Exchange from the NYSE MKT.

MidSouth expects its shares to begin trading on the NYSE on Monday, under its current ticker symbol MSL. The company will continue to trade on the NYSE MKT until the transfer is complete.

“The enhanced trading distribution and prestige of the NYSE should provide long-term value to our shareholders,” said C.R. Cloutier, president and CEO of MidSouth.