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Posted On: 07/18/2017 6:54:23 PM
Post# of 124983
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Like Old Man River, CIBH keeps on a rollin' along y'all. This one time sub penny bank/stock had a good quarter and is turning into a stock that you will probably want to keep and not sell. Dividends, in my opinion, are in the future for this issue and will probably begin to appear during the latter part of 2018 or early 2019 along with a pps that has blown by the ten buck level. If you have patience then this is a fine place to park some money..
http://www.cibmarine.com/financial_info/docum...071217.pdf
http://banktracker.investigativereportingwork...cibm-bank/
Company Background
CIB Marine Bancshares, Inc. is a financial services holding company. The Company, through its subsidiary, CIBM Bank (the Bank), provides a range of banking and related services. The Company's segments include mortgage, banking and corporate. The mortgage segment includes the operations of the mortgage division of CIBM Bank with revenue derived from residential real estate loan originations and sales. The banking segment includes the operations of CIBM Bank and CIB Marine Capital LLC. Its banking segment derives its revenue from investments in interest-earning assets, as well as noninterest income typical for the banking industry. Its corporate segment includes its holding company's financing and investment activities. CIBM Bank offers an array of traditional banking services, including a range of loan products, such as commercial loans, commercial real estate loans, commercial and residential construction loans, one- to four-family residential real estate loans and consumer loans.
http://www.cibmarine.com/
The pps is at $1.40 as of this post.
http://www.cibmarine.com/financial_info/docum...071217.pdf
http://banktracker.investigativereportingwork...cibm-bank/
Company Background
CIB Marine Bancshares, Inc. is a financial services holding company. The Company, through its subsidiary, CIBM Bank (the Bank), provides a range of banking and related services. The Company's segments include mortgage, banking and corporate. The mortgage segment includes the operations of the mortgage division of CIBM Bank with revenue derived from residential real estate loan originations and sales. The banking segment includes the operations of CIBM Bank and CIB Marine Capital LLC. Its banking segment derives its revenue from investments in interest-earning assets, as well as noninterest income typical for the banking industry. Its corporate segment includes its holding company's financing and investment activities. CIBM Bank offers an array of traditional banking services, including a range of loan products, such as commercial loans, commercial real estate loans, commercial and residential construction loans, one- to four-family residential real estate loans and consumer loans.
http://www.cibmarine.com/
The pps is at $1.40 as of this post.
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