Civista Bancshares: Downgrading To Hold And Reducing The EPS Estimate As Tariffs Likely To Bite In Multiple Ways

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  Posted by Two Blokes Thu at 5:00 AM - Filed in Stock - 0 views
  
  As CIVB is based in Ohio, relations with Canada will play a key role in driving loan growth. Loan growth will likely decline further after the recent slowdown. Margin growth will likely continue because of anticipated rate cuts, but the rate of growth will slow down because of upcoming CD maturities. I'm raising the provision expense and non-interest expense estimates because of the tariffs.