Civista Bancshares (CIVB) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Civista Bancshares reported revenue of $40.37 million for the quarter ended December 2024, reflecting a year-over-year increase of 3.8% and a surprise of +2.00% over the Zacks Consensus Estimate of$ 39.58 million [1] - The earnings per share (EPS) for the quarter was $0.63, up from$ 0.62 in the same quarter last year, with an EPS surprise of +18.87% compared to the consensus estimate of $0.53 [1] Financial Metrics - The net interest margin (tax equivalent) was reported at 3.4%, exceeding the average estimate of 3.2% based on two analysts [4] - The efficiency ratio (non-GAAP) stood at 68.3%, better than the average estimate of 71.7% from two analysts [4] - Net interest income reached$ 31.36 million, surpassing the average estimate of $30.21 million from two analysts [4] - The net gain on the sale of loans was$ 1.26 million, slightly below the average estimate of $1.50 million [4] - Total noninterest income was reported at$ 9.02 million, also below the average estimate of $9.38 million from two analysts [4] Stock Performance - Civista Bancshares shares have returned +2.2% over the past month, outperforming the Zacks S&P 500 composite's +1.2% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]