NasdaqCM:CBKBanks
Commercial Bancgroup (CBK) Stock Looks Cheap But Questions Linger Beyond Strong Margins
Commercial Bancgroup stock closed up 3.3% at $34.66 after earnings, a firm move for a regional lender that has already logged a strong 90 day run. The immediate reaction reflects a simple headline. Profitability held solid, with basic earnings per share at $0.75 and net interest margin at 4.06% in the quarter, while loans sat at $1.95b.
The bigger story for longer term holders is still about staying power. Margins, loan growth and a P/E of 12.1x against peers will matter more than today’s...