CBNA
🏦 Chain Bridge Bank is a small, family-owned regional bank that recently had its IPO.
📈 The stock is currently trading approximately 15% above its IPO price, with a price-to-book ratio of one and a forward P/E of 10.
👪 The family owns 25% of the company, suggesting strong insider alignment and potential for long-term growth.
@bernardodegarcia:
“Chain Bridge Bank Corporation. This is the IPO I was talking about, that came out at around $20. Yesterday, someone asked me about investing in banks, Citi or JP Morgan, and such, and I told them that there are companies that I find much more interesting, like CBNA, okay? It’s approximately 15% above the IPO price. I think we could wait to see if we can catch it around 20; below 22, it seems fantastic to me. But right now, well, it’s trading at a price-to-book of one, which I think has a lot of upside, and it’s only trading at a forward of 10. Just to give us an idea, JP Morgan is trading at a book of two, a book of two, and a forward of 13, okay? Citi, much cheaper, but it’s still there. It’s trading at a book of 0.6 and a forward of nine. It also has its thing. But well, what interests me most is that it’s 152 million, and it’s an important family position, 25% on the part of the CBNA family. It’s a family-owned regional bank company that, as I said, came out… Denis, I just saw Denis in very positive territory. Well, very positive, maybe a 2% rise, it’s not a big deal either. Let’s see where Denis ended up. Denis, 165. Well, 4 for Denis.”
In @bernardodegarcia’s video, viewers can see the exact part of the YouTube video where Chain Bridge Bank is discussed:
View the video on YouTube.
Read more articles analyzing Chain Bridge Bank (CBNA) at the provided link. CBNA stock.
