TIB Financial TIBB
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Dropping Coverage of TIB
We are dropping coverage of TIB Financial Corporation TIBB to focus our resources elsewhere.
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TIB Reports First-Quarter Loss
There were no surprises in TIB Financial 's TIBB first-quarter report. For a sixth consecutive quarter the bank's results were in the red, with a $4.1 million loss. We …
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Losses Continue to Mount at TIB
This morning, TIB Financial TIBB reported heavy fourth-quarter losses of $13.4 million, compared with third-quarter losses of $2.2 million. Most of …
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TIB Assumes Riverside's Deposits
Adding to the failed bank count, Riverside Bank of the Gulf Coast closed Friday. TIB Financial TIBB will assume nearly $320 million of Riverside's deposits, amounting to roughly 30% of TIB's third-quarter deposits. In …
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TARP Concerns for TIB, BankAtlantic
… expired Friday, and we have great concerns about TIB Financial TIBB and BankAtlantic BBX, both of which would benefit ..... would be very negative and cause investors to flee. TIB Financial has yet to declare its intentions, but BankAtlantic …
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TIB's Losses Continue
Losses continued at TIB Financial TIBB in the third quarter, as it produced a loss of $2.2 million, or $0.15 per share, resulting in a loss on average equity …
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Florida Banks Slog Forward
… from Florida-centric banks BankAtlantic BBX and TIB Financial TIBB to reflect worsening loans tied to the real estate ..... excluding nonaccrual loans) increased. We expect TIB Financial to report results along these same lines. Both companies …
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Raising TIB Financial's Uncertainty
We are raising our fair value uncertainty rating on TIB Financial TIBB . However, we have decided to leave our fair value estimate unchanged at this time. We think now is a time for caution when considering …
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TIB Financial under Review
We are placing TIB Financial TIBB under review as we re-examine our long-term assumptions and fair value uncertainty rating.
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TIBB under Review
TIB Financial Corp. TIBB announced that it will replace its second-quarter cash dividend with a stock dividend, and provided details on a number of other recent business developments. We are placing the company under review as we digest the new information.