CIB Marine Q3 Net Income Falls 16% Year Over Year to $767,000
Bitget2026/10/21 09:45- CIB Marine Bancshares’ third-quarter 2026 net income fell 16% year-over-year to $767,000.
- Quarterly net interest income rose 8% year-over-year to $6.06 million, driven by improved margins that offset lower average earning-asset balances.
- Credits classified Special Mention, Substandard and Doubtful climbed 51% from year-end 2025 to $56.45 million at September 30, 2026.
- Management is prioritizing problem-loan management and increasing net interest income for the remainder of 2026.
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