Civista Bancshares: Fourth Quarter Earnings Overview

Civista Bancshares Reports Strong Fourth Quarter Results

Civista Bancshares Inc., headquartered in Sandusky, Ohio, announced on Thursday that it achieved a net income of $12.3 million for the fourth quarter.

The company reported earnings of $0.61 per share, which increased to $0.75 per share after adjusting for one-time expenses. These figures surpassed analysts’ expectations, as a consensus of three analysts surveyed by Zacks Investment Research had projected earnings of $0.61 per share.

During the quarter, Civista Bancshares generated $65.6 million in total revenue, with net revenue after interest expenses reaching $46.3 million—both results exceeding Wall Street forecasts.

For the full year, the company posted a profit of $46.2 million, or $2.64 per share, with annual revenue totaling $172.6 million.