Civista Bancshares (CIVB) Q1 Earnings and Revenues Top Estimates

Core Viewpoint - Civista Bancshares reported quarterly earnings of $0.66 per share, exceeding the Zacks Consensus Estimate of $0.50 per share, and showing an increase from $0.41 per share a year ago, representing a 32% earnings surprise [1][2] Financial Performance - The company posted revenues of $40.63 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.37%, and up from $36.88 million year-over-year [2] - Over the last four quarters, Civista Bancshares has consistently surpassed consensus EPS estimates [2] Stock Performance - Civista Bancshares shares have declined approximately 1.2% since the beginning of the year, while the S&P 500 has decreased by 8.6% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations of outperforming the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.56 on revenues of $41.56 million, and for the current fiscal year, it is $2.35 on revenues of $167.9 million [7] - The estimate revisions trend for Civista Bancshares is favorable, which may influence future stock movements [6][5] Industry Context - The Banks - Midwest industry, to which Civista Bancshares belongs, is currently ranked in the top 10% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8]