Civista Bancshares (CIVB) Misses Q1 EPS by 1c

Civista Bancshares (NASDAQ: CIVB) reported Q1 EPS of $0.47, $0.01 worse than the analyst estimate of $0.48.

"We began 2020 with the expectation that one of the biggest challenges we were going to face during the year was an uncertain interest rate environment. The COVID-19 pandemic has created challenges that we, as well as other banks, could not have anticipated. Our organization has risen to the challenge and are working with our customers to assist through these unprecedented times. We have waived overdraft fees, accommodated requests for loan payment deferrals and are participating in the SBA's Paycheck Protection Program. In light of all of these challenges, we are pleased with our first quarter earnings," said Dennis G. Shaffer, President and CEO of Civista.

For earnings history and earnings-related data on Civista Bancshares (CIVB) click here.

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