Civista Bancshares, Inc. (CIVB)

NASDAQ: CIVB · IEX Real-Time Price · USD
20.29
-0.13 (-0.64%)
May 20, 2022 4:00 PM EDT - Market closed
Market Cap295.96M
Revenue (ttm)124.13M
Net Income (ttm)38.25M
Shares Out14.59M
EPS (ttm)2.52
PE Ratio8.05
Forward PE8.30
Dividend$0.56 (2.76%)
Ex-Dividend DateMay 9, 2022
Volume30,822
Open20.48
Previous Close20.42
Day's Range20.11 - 20.90
52-Week Range20.10 - 25.94
Beta0.91
AnalystsBuy
Price Target29.75 (+46.6%)
Earnings DateApr 28, 2022

About CIVB

Civista Bancshares, Inc. operates as the financial holding company for Civista Bank that provides community banking services. The company collects a range of customer deposits; and offers commercial and agriculture, commercial and residential real estate, farm real estate, real estate construction, consumer, and other loans, as well as letters of credit. It also purchases securities; and provides trust and third-party insurance services. The company operates branch banking offices in Ohio communities, including Sandusky, Norwalk, Berlin Heights...

IndustryBanks
Founded1884
CEODennis Shaffer
Employees441
Stock ExchangeNASDAQ
Ticker SymbolCIVB
Full Company Profile

Financial Performance

In 2021, CIVB's revenue was $126.05 million, an increase of 16.93% compared to the previous year's $107.80 million. Earnings were $40.55 million, an increase of 25.95%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for CIVB stock is "Buy." The 12-month stock price forecast is 29.75, which is an increase of 46.62% from the latest price.

Price Target
$29.75
(46.62% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Is Civista Bancshares (CIVB) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

4 days ago - Zacks Investment Research

Down 13.4% in 4 Weeks, Here's Why You Should You Buy the Dip in Civista Bancshares (CIVB)

Civista Bancshares (CIVB) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in r...

2 weeks ago - Zacks Investment Research

Civista Bancshares, Inc. Declares Second Quarter Common Dividend

SANDUSKY, Ohio , April 29, 2022 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced today that the Board of Directors has approved a quarterly dividend of 14 cents per common sh...

3 weeks ago - PRNewsWire

After Plunging 8.9% in 4 Weeks, Here's Why the Trend Might Reverse for Civista Bancshares (CIVB)

Civista Bancshares (CIVB) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in r...

3 weeks ago - Zacks Investment Research

Civista Bancshares, Inc. Announces Expiration and Results of Exchange Offer for 3.25% Fixed-to-Floating Rate Subordin...

SANDUSKY, Ohio , April 29, 2022 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced today the expiration and results of its previously announced registered exchange offer to exc...

3 weeks ago - PRNewsWire

Civista Bancshares (CIVB) Lags Q1 Earnings and Revenue Estimates

Civista Bancshares (CIVB) delivered earnings and revenue surprises of -5% and 1.69%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

Civista Bancshares, Inc. Announces First Quarter 2022 Financial Results

SANDUSKY, Ohio , April 28, 2022 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ: CIVB) ("Civista") announced its unaudited financial results for the three months ending March 31, 2022.  First quarter h...

3 weeks ago - PRNewsWire

Civista Bancshares, Inc. Announces Extension of Exchange Offer for 3.25% Fixed-to-Floating Rate Subordinated Notes du...

SANDUSKY, Ohio , April 27, 2022 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced today that it has extended its registered exchange offer to exchange any and all of its $75,0...

3 weeks ago - PRNewsWire

Civista Bancshares, Inc. Announces First Quarter 2022 Earnings Release Date

SANDUSKY, Ohio, April 11, 2022 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced today that it will issue its first quarter 2022 financial results prior to market open on Thur...

1 month ago - PRNewsWire

Civista Bancshares, Inc. Declares First Quarter Common Dividend

SANDUSKY, Ohio, Feb. 4, 2022 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced today that the Board of Directors has approved a quarterly dividend of 14 cents per common share...

3 months ago - PRNewsWire

Civista Bancshares (CIVB) Q4 Earnings Top Estimates

Civista Bancshares (CIVB) delivered earnings and revenue surprises of 21.67% and 0.88%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Civista Bancshares, Inc. Announces Fourth Quarter and Year-to-date 2021 Financial Results

SANDUSKY, Ohio, Feb. 4, 2022 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced its unaudited financial results for the three and twelve months ending December 31, 2021.  Fourt...

3 months ago - PRNewsWire

Analysts Estimate Civista Bancshares (CIVB) to Report a Decline in Earnings: What to Look Out for

Civista Bancshares (CIVB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Civista Bancshares, Inc. Announces Fourth Quarter 2021 Earnings Release Date

SANDUSKY, Ohio, Jan. 19, 2022 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced today that it will issue its fourth quarter 2021 financial results prior to market open on Frid...

4 months ago - PRNewsWire

SHAREHOLDER ALERT: WeissLaw LLP Investigates Comunibanc Corp.

NEW YORK, Jan. 11, 2022 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Comunibanc Corp. ("Comunibanc" or the "...

4 months ago - PRNewsWire

Civista (CIVB) Inks $50.2M Deal to Buy Comunibanc, Stock Up

Civista's (CIVB) deal to acquire Comunibanc will bolster its presence in Northwest Ohio and be accretive to its earnings next year.

4 months ago - Zacks Investment Research

Civista Bancshares, Inc. To Acquire Comunibanc Corp.

SANDUSKY, Ohio and NAPOLEON, Ohio, Jan. 10, 2022 /PRNewswire/ -- Sandusky, Ohio based Civista Bancshares, Inc. ("Civista") (NASDAQ: CIVB) and Comunibanc Corp., the parent company of The Henry County Ban...

4 months ago - PRNewsWire

Civista Bancshares, Inc. Completes Private Placement of $75 Million of 3.25% Fixed-to-Floating Rate Subordinated Note...

SANDUSKY, Ohio, Nov. 30, 2021 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ: CIVB) (the "Company") a financial holding company headquartered in Sandusky, Ohio and the parent company of Civista Bank, ...

5 months ago - PRNewsWire

Best Income Stocks to Buy for November 1st

MBWM, CIVB, BG, and RS made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 1, 2021.

Other symbols:BGMBWMRS
6 months ago - Zacks Investment Research

Civista Bancshares (CIVB) is on the Move, Here's Why the Trend Could be Sustainable

Civista Bancshares (CIVB) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it thr...

6 months ago - Zacks Investment Research

Civista Bancshares (CIVB) Q3 Earnings Top Estimates

Civista Bancshares (CIVB) delivered earnings and revenue surprises of 1.59% and -0.13%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Civista Bancshares, Inc. Announces Third Quarter 2021 Financial Results

SANDUSKY, Ohio, Oct. 27, 2021 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced its unaudited financial results for the three and nine months ending September 30, 2021.  Third...

6 months ago - PRNewsWire

Civista Bancshares (CIVB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Civista Bancshares (CIVB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

7 months ago - Zacks Investment Research

Civista Bancshares, Inc. Declares Fourth Quarter Common Dividend

SANDUSKY, Ohio, Oct. 8, 2021 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced today that the Board of Directors has approved a quarterly dividend of 14 cents per common share...

7 months ago - PRNewsWire

Civista Bancshares (CIVB) Is a Great Choice for "Trend" Investors, Here's Why

Civista Bancshares (CIVB) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed throu...

7 months ago - Zacks Investment Research