NASDAQ:CIVB

Civista Bancshares (CIVB) Stock Price, News & Analysis

$14.56
-0.27 (-1.82%)
(As of 05/13/2024 ET)
Today's Range
$14.55
$15.01
50-Day Range
$13.81
$15.44
52-Week Range
$13.71
$19.80
Volume
38,428 shs
Average Volume
29,954 shs
Market Capitalization
$228.40 million
P/E Ratio
6.25
Dividend Yield
4.40%
Price Target
$17.75

Civista Bancshares MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
21.9% Upside
$17.75 Price Target
Short Interest
Healthy
0.79% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.68
Upright™ Environmental Score
News Sentiment
0.31mentions of Civista Bancshares in the last 14 days
Based on 8 Articles This Week
Insider Trading
Acquiring Shares
$60,010 Bought Last Quarter
Proj. Earnings Growth
9.24%
From $1.84 to $2.01 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.83 out of 5 stars

Finance Sector

50th out of 880 stocks

State Commercial Banks Industry

10th out of 177 stocks

CIVB stock logo

About Civista Bancshares Stock (NASDAQ:CIVB)

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. The company also holds and manages securities portfolio; leases general equipment; and provides captive insurance products. It operates in North Central, West Central, South Western Ohio, South Eastern Indiana, and Northern Kentucky. The company was formerly known as First Citizens Banc Corp and changed its name to Civista Bancshares, Inc. in May 2015. Civista Bancshares, Inc. was founded in 1884 and is headquartered in Sandusky, Ohio.

CIVB Stock Price History

CIVB Stock News Headlines

Q1 2024 Civista Bancshares Inc Earnings Call
Civista Bancshares: Q1 Earnings Snapshot
Civista Bancshares Appoints Ian Whinnem As CFO
Here's what Wall Street expects from Civista Bancshares's earnings
CIVB Mar 2024 17.500 call
See More Headlines
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Company Calendar

Ex-Dividend for 3/1 Dividend
2/12/2024
Dividend Payable
3/01/2024
Last Earnings
4/30/2024
Ex-Dividend for 5/22 Dividend
5/06/2024
Today
5/13/2024
Dividend Payable
5/22/2024
Next Earnings (Estimated)
7/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:CIVB
Employees
532
Year Founded
1884

Price Target and Rating

Average Stock Price Target
$17.75
High Stock Price Target
$19.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+21.9%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$42.96 million
Pretax Margin
19.06%

Debt

Sales & Book Value

Annual Sales
$153.40 million
Cash Flow
$3.41 per share
Book Value
$23.70 per share

Miscellaneous

Free Float
15,254,000
Market Cap
$228.40 million
Optionable
Optionable
Beta
0.79

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Key Executives

  • Mr. Dennis G. Shaffer (Age 61)
    President, CEO & Vice Chairman
    Comp: $759.34k
  • Mr. Richard J. Dutton (Age 61)
    Senior VP & COO
    Comp: $450.65k
  • Mr. Todd A. Michel (Age 59)
    Senior VP & Controller
    Comp: $288.91k
  • Mr. Harry SingerMr. Harry Singer (Age 69)
    Independent Director
    Comp: $33.75k
  • Mr. Charles A. Parcher (Age 59)
    Senior VP & Chief Lending Officer
    Comp: $431.78k
  • Mr. Carl A. Kessler III (Age 55)
    Senior VP & Chief Information Officer
  • Mr. Lance A. Morrison (Age 56)
    Senior VP, General Counsel & Corporate Secretary
  • Ms. Donna M. Waltz-Jaskolski (Age 58)
    Senior VP & Customer Experience Officer
  • Robert L. Curry Jr. (Age 54)
    Senior VP & Chief Risk Officer
  • Russel J. Edwards Jr. (Age 58)
    Senior Vice President of Retail Banking

CIVB Stock Analysis - Frequently Asked Questions

Should I buy or sell Civista Bancshares stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Civista Bancshares in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" CIVB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CIVB, but not buy additional shares or sell existing shares.
View CIVB analyst ratings
or view top-rated stocks.

What is Civista Bancshares' stock price target for 2024?

4 brokers have issued twelve-month price objectives for Civista Bancshares' shares. Their CIVB share price targets range from $16.00 to $19.00. On average, they anticipate the company's share price to reach $17.75 in the next year. This suggests a possible upside of 21.9% from the stock's current price.
View analysts price targets for CIVB
or view top-rated stocks among Wall Street analysts.

How have CIVB shares performed in 2024?

Civista Bancshares' stock was trading at $18.44 at the start of the year. Since then, CIVB shares have decreased by 21.0% and is now trading at $14.56.
View the best growth stocks for 2024 here
.

When is Civista Bancshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, July 26th 2024.
View our CIVB earnings forecast
.

How were Civista Bancshares' earnings last quarter?

Civista Bancshares, Inc. (NASDAQ:CIVB) announced its earnings results on Tuesday, April, 30th. The bank reported $0.41 EPS for the quarter, missing analysts' consensus estimates of $0.47 by $0.06. The bank had revenue of $58.63 million for the quarter, compared to the consensus estimate of $38.01 million. Civista Bancshares had a trailing twelve-month return on equity of 10.23% and a net margin of 16.38%. During the same quarter in the previous year, the company earned $0.82 EPS.

How often does Civista Bancshares pay dividends? What is the dividend yield for Civista Bancshares?

Civista Bancshares announced a quarterly dividend on Friday, April 26th. Shareholders of record on Tuesday, May 7th will be paid a dividend of $0.16 per share on Wednesday, May 22nd. This represents a $0.64 annualized dividend and a dividend yield of 4.40%. The ex-dividend date of this dividend is Monday, May 6th.
Read our dividend analysis for CIVB
.

Is Civista Bancshares a good dividend stock?

Civista Bancshares (NASDAQ:CIVB) pays an annual dividend of $0.64 per share and currently has a dividend yield of 4.32%. CIVB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 27.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CIVB will have a dividend payout ratio of 31.84% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CIVB.

What other stocks do shareholders of Civista Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Civista Bancshares investors own include Walt Disney (DIS), Enterprise Products Partners (EPD), BAE Systems (BA), Verizon Communications (VZ), AbbVie (ABBV), Dominion Energy (D), Enbridge (ENB), Huntington Bancshares (HBAN), Iron Mountain (IRM) and Kimco Realty (KIM).

Who are Civista Bancshares' major shareholders?

Civista Bancshares' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (5.18%), Pacific Ridge Capital Partners LLC (2.34%), Beese Fulmer Investment Management Inc. (1.16%), Assenagon Asset Management S.A. (0.30%), Empowered Funds LLC (0.28%) and BNP Paribas Financial Markets (0.18%). Insiders that own company stock include Allen R Nickles, Charles A Parcher, Gerald B Wurm, Harry Singer, Julie A Mattlin, Michael D Mulford, Nathan E Weaks and William F Ritzmann.
View institutional ownership trends
.

How do I buy shares of Civista Bancshares?

Shares of CIVB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CIVB) was last updated on 5/14/2024 by MarketBeat.com Staff

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