Brokers Offer Predictions for CIVB Q1 Earnings

Civista Bancshares, Inc. (NASDAQ:CIVB) – Stock analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for shares of Civista Bancshares in a report issued on Monday, February 3rd. DA Davidson analyst M. Navas forecasts that the bank will earn $0.49 per share for the quarter. The consensus estimate for Civista Bancshares’ current full-year earnings is $2.08 per share.

Several other analysts have also recently weighed in on CIVB. Stephens reissued an “equal weight” rating and issued a $24.00 price objective on shares of Civista Bancshares in a research note on Friday, January 31st. Hovde Group upgraded Civista Bancshares from a “market perform” rating to an “outperform” rating and set a $22.00 price target on the stock in a research report on Wednesday, October 30th. Finally, Keefe, Bruyette & Woods increased their price target on Civista Bancshares from $22.00 to $25.00 and gave the company an “outperform” rating in a research note on Wednesday, December 4th. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $22.50.

Civista Bancshares Trading Up 0.9 %

CIVB opened at $21.08 on Tuesday. The company’s 50 day moving average price is $21.43 and its two-hundred day moving average price is $19.38. The firm has a market capitalization of $331.80 million, a price-to-earnings ratio of 10.44 and a beta of 0.81. Civista Bancshares has a fifty-two week low of $13.60 and a fifty-two week high of $23.69. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.95 and a quick ratio of 0.95.

Civista Bancshares (NASDAQ:CIVB) last released its quarterly earnings results on Thursday, January 30th. The bank reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.10. Civista Bancshares had a return on equity of 8.35% and a net margin of 12.96%.

Institutional Investors Weigh In On Civista Bancshares

Institutional investors and hedge funds have recently made changes to their positions in the business. Dimensional Fund Advisors LP grew its holdings in Civista Bancshares by 0.8% in the second quarter. Dimensional Fund Advisors LP now owns 795,154 shares of the bank’s stock worth $12,316,000 after purchasing an additional 6,234 shares during the period. AQR Capital Management LLC bought a new position in shares of Civista Bancshares during the 2nd quarter worth about $323,000. SG Americas Securities LLC bought a new stake in Civista Bancshares in the 3rd quarter valued at about $102,000. Inspire Investing LLC acquired a new position in Civista Bancshares during the 3rd quarter worth approximately $926,000. Finally, Assenagon Asset Management S.A. boosted its holdings in Civista Bancshares by 130.8% in the third quarter. Assenagon Asset Management S.A. now owns 63,456 shares of the bank’s stock worth $1,131,000 after acquiring an additional 35,968 shares in the last quarter. Institutional investors own 52.10% of the company’s stock.

Civista Bancshares Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Tuesday, February 4th will be issued a $0.17 dividend. This is a positive change from Civista Bancshares’s previous quarterly dividend of $0.16. The ex-dividend date is Tuesday, February 4th. This represents a $0.68 annualized dividend and a yield of 3.23%. Civista Bancshares’s payout ratio is presently 31.68%.

Civista Bancshares Company Profile

Civista Bancshares, Inc operates as the financial holding company for Civista Bank that provides community banking services. It 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.