Blackstone and Civista Bancshares Beat Q3 Earnings Estimates
Key Facts
Blackstone reported quarterly earnings of $1.32 per share for the third quarter of 2026, surpassing the Zacks Consensus Estimate of $1.26. Similarly, Civista Bancshares posted earnings of $0.77 per share, beating the consensus estimate of $0.70. The financial results for the period ending September 2026 indicated stronger operational performance than anticipated by Wall Street analysts.
Blackstone (BX) shares closed at $109.57 on October 21, 2026, after trading between a low of $109 and a high of $112 during the session. On the same day, Civista Bancshares (CIVB) closed at $26.75, with a session high of $26.96. These positive surprises for both a mega-cap asset manager and a regional bank provide support for financial sector valuations, even as Blackstone's earnings were lower compared to the previous year.
Latest Updates · 1
- Notable·
Update: Blackstone's credit and insurance business recorded $35.8 billion in inflows during the third quarter of 2026. These inflows brought the division's total assets under management to $480 billion, highlighting the firm's expanding footprint in private credit and insurance markets.