SANDUSKY, Ohio (AP) — SANDUSKY, Ohio (AP) — Civista Bancshares Inc. (CIVB) on Tuesday reported first-quarter net income of $6.4 million.
The Sandusky, Ohio-based bank said it had earnings of 41 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share.
The bank holding company posted revenue of $58.6 million in the period. Its revenue net of interest expense was $36.9 million, which also did not meet Street forecasts.
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