Civista Bancshares (CIVB) Tops Q3 EPS by 5c

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Civista Bancshares, Inc. Announces Third Quarter 2016 Earnings

October 21, 2016 8:32 AM EDT

SANDUSKY, Ohio, Oct. 21, 2016 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ: CIVB) ("Civista") reported net income attributable to common shareholders of $3.3 million, or $0.34 per diluted share, for the third quarter of 2016, compared with $2.9 million, or $0.30 per diluted share, for the prior year period. For the nine-month period ended September 30, 2016, Civista reported net income available to common shareholders of $12.4 million or $1.24 per diluted share, compared to $8.4 million, or $0.87 per diluted share, in the same period of 2015. Civista's 2016 year-to-date performance includes the second quarter receipt of a payoff on a non-performing loan which resulted in a... More