Civista Bancshares Inc reports results for the quarter ended in March - Earnings Summary

Civista Bancshares

28/04/2023 15:26

* Civista Bancshares Inc  CIVB.OQ  reported quarterly
adjusted
earnings of 82 cents​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of 81 cents per share.
    * Revenue rose 41.1% to $43.13 million from a year ago;
analysts
expected $43.59 million. 
    * Civista Bancshares Inc's reported EPS for the quarter was
82
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Civista Bancshares Inc shares had fallen by 12.2% this
quarter and lost 32.7% so far this year.
    * The company reported quarterly net income of $12.89
million.
    * Wall Street's median 12-month price target for Civista
Bancshares Inc is $25.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 28 at 02:26 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.81           0.82           Beat
 Dec. 31 2022      0.75           0.77           Beat
 Sep. 30 2022      0.57           0.72           Beat
 Jun. 30 2022      0.50           0.53           Beat