Civista Bancshares: Q3 Earnings Snapshot

SANDUSKY, Ohio (AP) — SANDUSKY, Ohio (AP) — Civista Bancshares Inc. (CIVB) on Thursday reported third-quarter profit of $16 million.

The Sandusky, Ohio-based bank said it had earnings of 77 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 70 cents per share.

The bank holding company posted revenue of $67.5 million in the period. Its revenue net of interest expense was $49.1 million, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $48.5 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CIVB at https://www.zacks.com/ap/CIVB