Civista Bancshares: Q3 Earnings Snapshot
By AP News
Published - Oct 29, 2024, 07:37 AM ET
Last Updated - Dec 16, 2024, 05:54 PM EST
SANDUSKY, Ohio (AP) — SANDUSKY, Ohio (AP) — Civista Bancshares Inc. (CIVB) on Tuesday reported third-quarter net income of $8.4 million.
The Sandusky, Ohio-based bank said it had earnings of 53 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share.
The bank holding company posted revenue of $62.4 million in the period. Its revenue net of interest expense was $38.9 million, which also beat Street forecasts.