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CIB Marine Bancshares announces fiscal results.

Global Banking News-October 17, 2016--CIB Marine Bancshares announces fiscal results

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Global Banking News - 17 October 2016

CIB Marine Bancshares Inc. (OTC: CIBH), the holding company of CIBM Bank, has reported its results of operations for the third quarter of 2016.

Net income for the quarter was USD0.9m, or USD0.05 basic earnings per share, and for the nine months ending September 30, 2016, was USD3.0m or USD0.17 per share. Earnings per share on a diluted basis for the same quarter and nine-month period were USD0.02 and USD0.08, respectively.

CIB Marine Bancshares Inc. is the holding company for CIBM Bank, which operates 11 banking offices in Illinois, Wisconsin and Indiana.

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Publication:Global Banking News (GBN)
Date:Oct 17, 2016
Words:143
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