Cib Marine Bancshares (OTCMKTS:CIBH) Shares Up 0% – Here’s Why

Cib Marine Bancshares, Inc. (OTCMKTS:CIBH)’s share price shot up 0% during mid-day trading on Monday . The stock traded as high as $42.00 and last traded at $42.00. 576 shares changed hands during trading, a decline of 52% from the average daily volume of 1,192 shares. The stock had previously closed at $41.9875.

Cib Marine Bancshares Trading Up 0.0%

The business has a 50 day moving average of $40.62 and a 200-day moving average of $39.32. The stock has a market cap of $57.12 million, a PE ratio of 27.63 and a beta of 0.24.

Cib Marine Bancshares (OTCMKTS:CIBH) last announced its earnings results on Monday, July 13th. The company reported $0.68 EPS for the quarter. The company had revenue of $7.34 million for the quarter.

Cib Marine Bancshares Company Profile

CIB Marine Bancshares is a bank holding company headquartered in Chicago, Illinois. Through its wholly owned subsidiary, CIBM Bank, the company offers a full suite of financial services designed to meet the needs of both individual and business clients. Its banking platform focuses on providing personalized commercial lending, real estate financing and treasury management solutions to small- and middle-market companies, as well as retail deposit and payment services for consumers.

In its commercial banking division, CIBM Bank specializes in corporate lending, commercial real estate mortgages and lines of credit tailored to growing businesses.