Civista Bancshares (CIVB) Tops Q3 EPS by 5c

Civista Bancshares (NASDAQ: CIVB) reported Q3 EPS of $0.41, $0.05 better than the analyst estimate of $0.36.

"The third quarter of 2018 was a very busy quarter. We closed on the acquisition of United Community Bancorp and completed the integration of their systems. While those two items are big accomplishments by themselves, we also originated $36.7 million of loans. With our organic growth and the acquisition, our loans are now over $1.5 billion. Our annualized organic loan growth was 12.5% for the quarter," said Dennis G. Shaffer, President and CEO of Civista.

For earnings history and earnings-related data on Civista Bancshares (CIVB) click here.

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