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I think CIBH just might make a good investment for

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Post# of 5789
Posted On: 07/29/2016 9:49:08 AM
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Posted By: SaltyMutt
Re: leo55 #2439
I think CIBH just might make a good investment for you leo. You will need a lot of patience for investing in regional bank stocks though as it can become frustrating for some not seeing the bank's stock trade every day. I first bought into CIBH when it was at .23 and own a butt load of it now.

Company Background

CIB Marine Bancshares, Inc. (CIB Marine) 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 are banking, mortgage and corporate. The Company's mortgage segment includes the operations of the mortgage division of the Bank, including residential real estate loan originations and sales. The Company's banking segment includes the operations of the Bank and CIB Marine Capital LLC. The Company's corporate segment includes its financing and investment activities, and management and administrative expenses. CIB Marine is also involved in mortgage banking activity. The Company offers its services in central and northeastern Illinois, Milwaukee and Indianapolis. The Bank offers loans to small and middle-market business customers. The Bank also offers a range of deposit and other financial products to its customers.

http://www.cibmarine.com/

The bank is now putting up some very good numbers,

http://banktracker.investigativereportingwork...cibm-bank/

This is one of the very few banks to ever pull itself out of bankruptcy.


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