Cib Marine Bancshares (OTCMKTS:CIBH) Stock Price Up 0.5% – Still a Buy?

Cib Marine Bancshares, Inc. (OTCMKTS:CIBH) shares rose 0.5% during trading on Tuesday . The stock traded as high as $40.9133 and last traded at $40.9133. Approximately 800 shares traded hands during mid-day trading, a decline of 24% from the average daily volume of 1,048 shares. The stock had previously closed at $40.70.

Cib Marine Bancshares Stock Up 0.7%

The company has a 50 day simple moving average of $39.80 and a two-hundred day simple moving average of $38.79. The company has a market capitalization of $56.05 million, a P/E ratio of 31.22 and a beta of 0.24.

Cib Marine Bancshares (OTCMKTS:CIBH) last released its earnings results on Tuesday, April 14th. The company reported $0.43 earnings per share for the quarter. The company had revenue of $7.00 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.