Civista Bancshares Q2 Net Income Declines - Quick Facts

(RTTNews) - Civista Bancshares (CIVB) reported second quarter net income of $7.1 million, down 30%, compared to $10.0 million for the second quarter of 2023. Earnings per share was $0.45, down 30%. On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $0.39, for the quarter. Analysts' estimates typically exclude special items.

Net interest income declined to $27.75 million from $31.34 million, last year. Noninterest income increased to $10.54 million from $9.15 million. Analysts on average had estimated $37.07 million in revenue.

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