Cib Marine Bancshares (OTCMKTS:CIBH) Trading 2% Higher – Time to Buy?

Shares of Cib Marine Bancshares, Inc. (OTCMKTS:CIBH) traded up 2% during trading on Thursday . The company traded as high as $40.00 and last traded at $40.00. 500 shares traded hands during mid-day trading, a decline of 52% from the average session volume of 1,038 shares. The stock had previously closed at $39.2340.

Cib Marine Bancshares Price Performance

The stock has a market cap of $55.56 million, a P/E ratio of 35.71 and a beta of 0.27. The company’s 50 day moving average price is $37.51 and its two-hundred day moving average price is $36.33.

Cib Marine Bancshares (OTCMKTS:CIBH) last released its quarterly earnings data on Friday, January 23rd. The company reported ($0.24) EPS for the quarter. The business had revenue of $6.97 million during 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.