Civista Bancshares (CIVB) Projected to Post Earnings on Thursday

Civista Bancshares (NASDAQ:CIVB - Get Free Report) is anticipated to announce its Q2 2025 earnings results before the market opens on Thursday, July 24th. Analysts expect the company to announce earnings of $0.69 per share and revenue of $43.07 million for the quarter.

Civista Bancshares (NASDAQ:CIVB - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The bank reported $0.66 EPS for the quarter, beating analysts' consensus estimates of $0.50 by $0.16. The business had revenue of $40.63 million for the quarter, compared to analyst estimates of $40.33 million. Civista Bancshares had a return on equity of 9.13% and a net margin of 14.35%. On average, analysts expect Civista Bancshares to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Civista Bancshares Stock Down 0.6%

Shares of NASDAQ CIVB traded down $0.13 during mid-day trading on Thursday, reaching $21.45. 88,142 shares of the company traded hands, compared to its average volume of 52,917. The company's fifty day moving average is $22.85 and its two-hundred day moving average is $21.28. Civista Bancshares has a fifty-two week low of $14.90 and a fifty-two week high of $25.59. The stock has a market cap of $332.90 million, a PE ratio of 9.45 and a beta of 0.69. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.97 and a current ratio of 0.97.

Analysts Set New Price Targets

Several analysts recently weighed in on CIVB shares. Piper Sandler increased their target price on Civista Bancshares from $23.00 to $24.00 and gave the company a "neutral" rating in a research note on Monday, April 28th. Stephens raised their price objective on Civista Bancshares from $24.00 to $25.00 and gave the stock an "equal weight" rating in a research report on Friday, April 25th. Keefe, Bruyette & Woods raised their price objective on Civista Bancshares from $25.00 to $28.00 and gave the stock an "outperform" rating in a research report on Friday, April 25th. Wall Street Zen downgraded Civista Bancshares from a "buy" rating to a "hold" rating in a research report on Saturday, June 28th. Finally, DA Davidson set a $26.00 price objective on Civista Bancshares and gave the stock a "buy" rating in a research report on Monday. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Civista Bancshares presently has a consensus rating of "Moderate Buy" and a consensus price target of $25.00.

Insiders Place Their Bets

In other Civista Bancshares news, Director Darci L. Congrove purchased 1,250 shares of the firm's stock in a transaction on Friday, July 11th. The stock was purchased at an average cost of $21.25 per share, for a total transaction of $26,562.50. Following the acquisition, the director owned 1,250 shares in the company, valued at approximately $26,562.50. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Clyde A. Perfect, Jr. bought 2,352 shares of Civista Bancshares stock in a transaction dated Friday, July 11th. The stock was purchased at an average price of $21.25 per share, with a total value of $49,980.00. Following the completion of the purchase, the director owned 2,352 shares in the company, valued at $49,980. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought 17,385 shares of company stock worth $376,741 in the last three months. 2.60% of the stock is owned by corporate insiders.

Institutional Trading of Civista Bancshares

Several large investors have recently made changes to their positions in the company. Empowered Funds LLC grew its stake in shares of Civista Bancshares by 22.7% in the 1st quarter. Empowered Funds LLC now owns 64,535 shares of the bank's stock valued at $1,261,000 after buying an additional 11,918 shares during the period. AQR Capital Management LLC boosted its stake in Civista Bancshares by 28.0% during the 1st quarter. AQR Capital Management LLC now owns 35,012 shares of the bank's stock valued at $684,000 after purchasing an additional 7,652 shares during the last quarter. Acadian Asset Management LLC boosted its stake in Civista Bancshares by 15.1% during the 1st quarter. Acadian Asset Management LLC now owns 33,814 shares of the bank's stock valued at $659,000 after purchasing an additional 4,426 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in Civista Bancshares during the 1st quarter valued at about $453,000. 52.10% of the stock is currently owned by institutional investors and hedge funds.

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.

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