Shares of C1 Financial Inc. (NYSE:BNK) were up 6.1% during mid-day trading on Monday . The stock traded as high as $24.66 and last traded at $24.36, with a volume of 160,168 shares trading hands. The stock had previously closed at $22.95.

The firm has a market cap of $393.48 million and a P/E ratio of 24.94. The stock’s 50 day moving average is $23.20 and its 200 day moving average is $23.64.

An institutional investor recently bought a new position in C1 Financial stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in C1 Financial Inc. (NYSE:BNK) during the fourth quarter, according to its most recent disclosure with the SEC. The fund bought 50,972 shares of the financial services provider’s stock, valued at approximately $1,234,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.32% of C1 Financial as of its most recent filing with the SEC.

C1 Financial, Inc is a bank holding company. The Company is focused on serving the needs of entrepreneurs offering relationship banking services to entrepreneurs and their families, including commercial loans and a range of depository products. The Company operates from approximately 30 banking centers and over one loan production office on the West Coast of Florida and in Miami-Dade, Broward and Orange Counties.

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