Cib Marine Bancshares (OTCMKTS:CIBH) Stock Price Down 0.3% - What's Next?

Key Points

• Shares of Cib Marine Bancshares fell 0.3% to $38.50 in mid-day trading, with volume rising about 135% to 379 shares versus an average of 161 shares.
• The company has a market cap of $52.75 million and last reported a quarterly loss of ($0.24) per share on $6.97 million of revenue.
• CIB Marine Bancshares, through its subsidiary CIBM Bank, focuses on commercial lending, commercial real estate financing, treasury management and retail deposit/payment services for small- and middle-market businesses.

Shares of Cib Marine Bancshares, Inc. (OTCMKTS:CIBH - Get Free Report) were down 0.3% during mid-day trading on Thursday . The stock traded as low as $38.50 and last traded at $38.50. Approximately 379 shares were traded during trading, an increase of 135% from the average daily volume of 161 shares. The stock had previously closed at $38.60.

Cib Marine Bancshares Stock Down 0.3%

The business has a fifty day moving average price of $38.17 and a 200-day moving average price of $36.90. The company has a market cap of $52.75 million, a P/E ratio of 34.38 and a beta of 0.23.

Cib Marine Bancshares (OTCMKTS:CIBH - Get Free Report) last announced its earnings results on Friday, January 23rd. The company reported ($0.24) earnings per share for the quarter. The firm had revenue of $6.97 million during the quarter.

About Cib Marine Bancshares

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.