Civista Bancshares (NASDAQ:CIVB – Get Free Report) posted its quarterly earnings results on Monday. The bank reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.05, Yahoo Finance reports. The company had revenue of $61.14 million during the quarter, compared to the consensus estimate of $36.57 million. Civista Bancshares had a net margin of 14.48% and a return on equity of 9.34%. During the same period last year, the firm earned $0.64 EPS.
Civista Bancshares Price Performance
NASDAQ:CIVB opened at $17.95 on Thursday. The firm has a market cap of $282.35 million, a price-to-earnings ratio of 7.70 and a beta of 0.82. Civista Bancshares has a 12-month low of $13.60 and a 12-month high of $19.00. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.31. The company’s 50-day moving average is $15.34 and its two-hundred day moving average is $15.33.
Civista Bancshares Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 20th. Stockholders of record on Tuesday, August 6th will be issued a $0.16 dividend. The ex-dividend date is Tuesday, August 6th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.57%. Civista Bancshares’s dividend payout ratio (DPR) is 27.47%.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Analysis on Civista Bancshares
About Civista Bancshares
Civista Bancshares, Inc operates as the financial holding company for Civista Bank that provides community banking services. It collects a range of customer deposits; and offers commercial and agriculture, commercial and residential real estate, farm real estate, real estate construction, consumer, and other loans, as well as letters of credit.
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