Stock News Spotlight: Civista Bancshares (NASDAQ:CIVB)

Civista Bancshares (NASDAQ:CIVB) spotted trading -4.93% off 52-week high price. On the other end, the stock has been noted 33.10% away from the low price over the last 52-weeks. The stock changed -0.47% to recent value of $23.12. The stock transacted 33786 shares during most recent day however it has an average volume of 37.91K shares. The company has 15.70M of outstanding shares and 15.09M shares were floated in the market.

On Jan. 10, 2020, Civista Bancshares (NASDAQ:CIVB) reported that it will issue its fourth quarter 2019 financial results prior to market open on Friday, February 7, 2020.

Civista Bancshares will also host a conference call and webcast at 1:00 p.m. Eastern Time on Friday, February 7, 2020 to discuss its financial results.  Analysts may participate in the question-and-answer session.

About Civista Bancshares:

Civista Bancshares is a $2.3 billion financial holding company headquartered in Sandusky, Ohio.  Civista’s banking subsidiary, Civista Bank, operates 37 locations in Northern, Central and Southwestern Ohio, Southeastern Indiana and Northern Kentucky. The Company’s common shares are traded on the NASDAQ Capital Market under the symbol CIVB.  This press release may contain forward-looking statements regarding the financial performance, business prospects, growth and operating strategies of Civista. For these statements, Civista claims the protections of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.   Statements in this press release should be considered in conjunction with the other information available about Civista, including the information in the filings we make with the Securities and Exchange Commission.

Its earnings per share (EPS) expected to touch remained -23.10% for this year while earning per share for the next 5-years is expected to reach at 8.00%. CIVB has an operating margin of 86.40% while its profit margin remained 33.90% for the last 12 months.

The price moved ahead of -1.19% from the mean of 20 days, 2.31% from mean of 50 days SMA and performed 5.52% from mean of 200 days price. Company’s performance for the week was -2.57%, 5.47% for month and YTD performance remained -3.67%.

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