Civista Bancshares (CIVB) reported second quarter net income of $7.1 million, down 30%, compared to $10.0 million for the second quarter of 2023. Earnings per share was $0.45, down 30%. On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $0.39, for the quarter. Analysts' estimates typically exclude special items.
Net interest income declined to $27.75 million from $31.34 million, last year. Noninterest income increased to $10.54 million from $9.15 million. Analysts on average had estimated $37.07 million in revenue.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.