Civista net income rises 29.95% to $14.32 million in Q2 FY26
Reuters2026/08/06 22:20Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Civista Bancshares posted Q2 net income of $14.32 million, up 29.96% from a year earlier; diluted EPS slipped to $0.69.
- Net interest income rose 10.86% to $38.59 million, while tax-equivalent net interest margin widened 25 basis points to 3.89%.
- Provision for credit losses climbed to $1.77 million from $1.03 million in the year-ago quarter.
- Noninterest income jumped 36.7% to $9.01 million, driven by higher gains on loan and lease sales and stronger lease revenue.
- Total assets fell 1% to $4.29 billion since year-end, while deposits edged down 0.2% to $3.46 billion as brokered balances declined.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Civista Bancshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-338386), on August 06, 2026, and is solely responsible for the information contained therein.
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