Civista Bancshares (CIVB) Tops Q2 EPS by 15c

Civista Bancshares (NASDAQ: CIVB) reported Q2 EPS of $0.41, $0.15 better than the analyst estimate of $0.26.

"The challenges for 2020 continued through the second quarter. Much of our market area was under a stay at home order during a large part of the second quarter. We continued to work with customers providing loan payment deferrals as well as relief from overdraft and service charge fees. Along with this economic uncertainty comes the need to increase our provision for loan losses. Despite these challenging times, we are extremely pleased with our second 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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