$0.30 EPS Expected for Civista Bancshares Inc (CIVB)

September 22, 2017 - By Louis Casey

 $0.30 EPS Expected for Civista Bancshares Inc (CIVB)

Wall Street await Civista Bancshares Inc (NASDAQ:CIVB) to release earnings on October, 20. Analysts forecast earnings per share of $0.30, down exactly $0.04 or 11.76 % from 2014’s $0.34 EPS. The expected CIVB’s profit could reach $3.05 million giving the stock 17.50 P/E in the case that $0.30 earnings per share is reported. After posting $0.29 EPS for the previous quarter, Civista Bancshares Inc’s analysts now forecast 3.45 % EPS growth. It closed at $21 lastly. It is up 81.83% since September 23, 2016 and is uptrending. It has outperformed by 65.13% the S&P500.

Civista Bancshares Inc (NASDAQ:CIVB) Ratings Coverage

Among 6 analysts covering Civista Bancshares (NASDAQ:CIVB), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Civista Bancshares had 10 analyst reports since April 25, 2016 according to SRatingsIntel. As per Tuesday, December 13, the company rating was initiated by Boenning & Scattergood. The stock of Civista Bancshares Inc (NASDAQ:CIVB) has “Outperform” rating given on Tuesday, November 29 by Keefe Bruyette & Woods. The stock of Civista Bancshares Inc (NASDAQ:CIVB) earned “Outperform” rating by Hovde Group on Monday, April 25. The stock has “Buy” rating by Keefe Bruyette & Woods on Friday, July 28. The stock of Civista Bancshares Inc (NASDAQ:CIVB) earned “Market Perform” rating by Hovde Group on Monday, October 24. On Monday, October 24 the stock rating was upgraded by Sandler O’Neill to “Buy”. The firm earned “Outperform” rating on Tuesday, November 29 by Wood. Hovde Group downgraded Civista Bancshares Inc (NASDAQ:CIVB) on Monday, July 11 to “Market Perform” rating.

Civista Bancshares, Inc. is a financial holding company. The company has market cap of $213.59 million. The Company, through the subsidiary bank, Civista Bank, is primarily engaged in the business of community banking. It has a 15.49 P/E ratio. Civista Bank, located in Erie, Crawford, Champaign, Cuyahoga, Franklin, Logan, Madison, Montgomery, Summit, Huron, Ottawa and Richland Counties, Ohio, conducts a general banking business that involves collecting customer deposits, making loans, purchasing securities, and offering Trust services.

More notable recent Civista Bancshares Inc (NASDAQ:CIVB) news were published by: Prnewswire.com which released: “Civista Bancshares, Inc. announces appointment of M. Patricia Oliver as director” on August 17, 2017, also Prnewswire.com with their article: “Civista Bancshares, Inc. Announces Completion of Offering of Common Shares” published on February 24, 2017, Marketwatch.com published: “21.00” on May 12, 2015. More interesting news about Civista Bancshares Inc (NASDAQ:CIVB) were released by: Prnewswire.com and their article: “First Citizens Banc Corp renames itself Civista Bancshares, Inc.” published on May 01, 2015 as well as Prnewswire.com‘s news article titled: “Civista Bancshares, Inc. Announces 2018 CEO Transition” with publication date: July 31, 2017.

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