Civista Bancshares Inc (NASDAQ: CIVB) has reported E.P.S. of $0.53 for its third fiscal quarter (ending September 30) versus $0.66 for the same period a year ago — a decline of -20%. For the latest four quarters through September 30, E.P.S. were $2.01 compared to $2.89 a year ago — a decline of -30%.
Recent Price Action
Civista Bancshares Inc (NASDAQ: CIVB) stock closed at $18.74 on 10/29/24 after an increase of 1.3%. Trading volume in this advance was normal. The stock has risen 5.3% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
CIVB’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
Civista Bancshares has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Civista Bancshares has a good Appreciation Score of 78 and a good Power Rating of 85, and the Highest Value Trend Rating results.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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