Added to YB: 2026-02-05
Pitch date: 2026-02-02
CBBI [neutral]
CBB Bancorp, Inc.
+3.24%
current return
Author Info
No bio for this author
Company Info
CBB Bancorp, Inc. operates as the holding company for Commonwealth Business Bank that provides various commercial banking products and services to individuals, and small and midsize businesses in the United States.
Market Cap
$125.5M
Pitch Price
$11.75
Price Target
25.00 (+106%)
Dividend
4.22%
EV/EBITDA
N/A
P/E
7.01
EV/Sales
N/A
Sector
Banks
Category
value
CBB Bancorp: A Deeply Overcapitalized Bank Trading Below Half of Tangible Book
CBBI (overview): CA commercial bank trading 0.5x TBV despite stable deposits, controlled credit losses, abundant capital. Management destroys value via acquisitions at 1x book while stock trades 0.5x, pays dividend vs buybacks. 70%+ efficiency ratio, frequent CEO turnover. Rate cuts = NII tailwind. Needs: halt M&A, cut dividend, buyback shares, reduce expenses $6-8M. Could lift ROE from 6-7% to 10-11%, justify TBV of mid-$20s.
Read full article (9 min)