A Director at Civista Bancshares (NASDAQ: CIVB) is Buying Shares

By Carrie Williams

Today, a Director at Civista Bancshares (CIVBResearch Report), Harry Singer, bought shares of CIVB for $25.44K.

Following this transaction Harry Singer’s holding in the company was increased by 15.19% to a total of $272.5K. In addition to Harry Singer, 4 other CIVB executives reported Buy trades in the last month.

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Based on Civista Bancshares’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $29.45 million and quarterly net profit of $7.71 million. In comparison, last year the company earned revenue of $21.17 million and had a GAAP net loss of $3.43 million. The company has a one-year high of $23.19 and a one-year low of $15.55. Currently, Civista Bancshares has an average volume of 35.29K.

In the last 30 days, insiders have sold $6,256 worth of CIVB shares and purchased $45.43K worth of CIVB shares. The insider sentiment on Civista Bancshares has been positive according to 47 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Civista Bancshares, Inc. is a financial holding company that engages in the community banking business. It provides financial services through its offices in the Ohio counties of Erie, Crawford, Champaign, Franklin, Logan, Summit, Huron, Ottawa, Madison, Union and Richland.