The 2nd quarter CIBH report is out and it is positive. The report showed the bank to be 657K on the green side of the ledger. Although not an "earth shattering" performance by any means, I do believe that it is good enough to push the pps up to a buck. This once bankrupt financial institution is now on very solid ground and continues to improve with each passing quarter. At a very low pps of only .56, as of this post, CIB Marine Bank represents a golden opportunity for those with patience.
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