Recap: Civista Bancshares Q4 Earnings

Shares of Civista Bancshares CIVB remained unaffected after the company reported Q4 results.

Quarterly Results

Earnings per share increased 36.17% over the past year to $0.64, which beat the estimate of $0.44.

Revenue of $31,197,000 up by 16.19% from the same period last year, which beat the estimate of $29,730,000.

Outlook

Civista Bancshares hasn't issued any earnings guidance for the time being.

Civista Bancshares hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Feb 05, 2021

Time: 01:00 PM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/1684/39360

Price Action

52-week high: $22.69

52-week low: $11.25

Price action over last quarter: Up 23.90%

Company Description

Civista Bancshares Inc is a financial holding company. Operating through its subsidiary it engages in the business of community banking. It business activity involves collecting customer deposits, making loans, purchasing securities, and offering trust services to its clients. The company's loan portfolio includes commercial and agriculture, commercial real estate-owner occupied, commercial real estate non-owner occupied, residential real estate, real estate construction, and consumer loans. Most of its revenues are derived from the interest and fees gained on loans.