Civista Bancshares: Raising The Earnings Estimates And Maintaining A Buy Rating

Earnings of Civista Bancshares, Inc. (NASDAQ: CIVB ) will likely rebound next year on the back of interest rate cuts that will boost the margin. Further, moderate loan growth will support the bottom line. Overall, I’m expecting the company to report earnings of $1.91 per shareAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my o ...