Civista Bancshares (CIVB) Projected to Post Earnings on Thursday

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

Civista Bancshares (NASDAQ:CIVB - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The bank reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.16. The firm had revenue of $40.63 million for the quarter, compared to the consensus estimate 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 Trading Down 0.4%

NASDAQ CIVB traded down $0.08 on Monday, hitting $21.25. 74,415 shares of the company were exchanged, compared to its average volume of 52,985. The firm has a market capitalization of $329.72 million, a P/E ratio of 9.37 and a beta of 0.69. Civista Bancshares has a twelve month low of $14.90 and a twelve month high of $25.59. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.97 and a quick ratio of 0.97. The company's 50 day moving average price is $22.79 and its 200-day moving average price is $21.29.

Insider Buying and Selling

In related news, Director Clyde A. Perfect, Jr. acquired 2,352 shares of the business's stock in a transaction on Friday, July 11th. The stock was bought at an average cost of $21.25 per share, with a total value of $49,980.00. Following the completion of the acquisition, the director owned 2,352 shares in the company, valued at $49,980. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Chairman Dennis E. Murray, Jr. bought 6,143 shares of the stock in a transaction dated Tuesday, April 29th. The stock was acquired at an average price of $22.44 per share, with a total value of $137,848.92. Following the completion of the purchase, the chairman owned 19,162 shares of the company's stock, valued at $429,995.28. This represents a 47.18% increase in their position. The disclosure for this purchase can be found here. Insiders purchased a total of 17,385 shares of company stock valued at $376,741 in the last ninety days. Insiders own 2.60% of the company's stock.

Hedge Funds Weigh In On Civista Bancshares

Institutional investors have recently modified their holdings of the stock. Jane Street Group LLC acquired a new position in shares of Civista Bancshares during the 1st quarter worth about $453,000. Acadian Asset Management LLC lifted its holdings in shares of 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 in the last quarter. AQR Capital Management LLC lifted its holdings in shares of 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 in the last quarter. Finally, Empowered Funds LLC lifted its holdings in shares of Civista Bancshares by 22.7% during the 1st quarter. Empowered Funds LLC now owns 64,535 shares of the bank's stock valued at $1,261,000 after purchasing an additional 11,918 shares in the last quarter. 52.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Stephens boosted their price target on Civista Bancshares from $24.00 to $25.00 and gave the company an "equal weight" rating in a research note on Friday, April 25th. Keefe, Bruyette & Woods upped their target price 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 cut Civista Bancshares from a "buy" rating to a "hold" rating in a research report on Saturday, June 28th. DA Davidson set a $26.00 target price on Civista Bancshares and gave the stock a "buy" rating in a research report on Monday, July 14th. Finally, Piper Sandler raised their target price on Civista Bancshares from $23.00 to $24.00 and gave the stock a "neutral" rating in a research report on Monday, April 28th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $25.00.

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.