For the quarter ended September 2023, Civista Bancshares (CIVB - Free Report) reported revenue of $39.63 million, up 9.6% over the same period last year. EPS came in at $0.66, compared to $0.72 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $39.9 million, representing a surprise of -0.68%. The company delivered an EPS surprise of +10.00%, with the consensus EPS estimate being $0.60.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Civista Bancshares performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Interest Margin: 3.7% versus 3.8% estimated by two analysts on average.
- Efficiency Ratio: 66.5% versus the two-analyst average estimate of 69.2%.
- Net Interest Income: $31.50 million versus $31.45 million estimated by two analysts on average.
- Net gain on sale of loans: $0.79 million versus the two-analyst average estimate of $0.60 million.
- Total Noninterest Income: $8.13 million compared to the $8.64 million average estimate based on two analysts.
View all Key Company Metrics for Civista Bancshares here>>>Shares of Civista Bancshares have returned -1% over the past month versus the Zacks S&P 500 composite's -2.7% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.
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For the quarter ended September 2023, Civista Bancshares (CIVB - Free Report) reported revenue of $39.63 million, up 9.6% over the same period last year. EPS came in at $0.66, compared to $0.72 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $39.9 million, representing a surprise of -0.68%. The company delivered an EPS surprise of +10.00%, with the consensus EPS estimate being $0.60.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Civista Bancshares performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Interest Margin: 3.7% versus 3.8% estimated by two analysts on average.
- Efficiency Ratio: 66.5% versus the two-analyst average estimate of 69.2%.
- Net Interest Income: $31.50 million versus $31.45 million estimated by two analysts on average.
- Net gain on sale of loans: $0.79 million versus the two-analyst average estimate of $0.60 million.
- Total Noninterest Income: $8.13 million compared to the $8.64 million average estimate based on two analysts.
View all Key Company Metrics for Civista Bancshares here>>>Shares of Civista Bancshares have returned -1% over the past month versus the Zacks S&P 500 composite's -2.7% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.
4 Oil Stocks with Massive Upsides
Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with "black gold."
Zacks Investment Research has just released an urgent special report to help you bank on this trend.
In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations.
Download your free report now to see them.
Get the latest research report on CIVB - FREE