DA Davidson Forecasts Higher Earnings for Civista Bancshares

Civista Bancshares, Inc. (NASDAQ:CIVB) – Equities researchers at DA Davidson upped their FY2025 earnings per share (EPS) estimates for Civista Bancshares in a research note issued to investors on Monday, February 3rd. DA Davidson analyst M. Navas now anticipates that the bank will post earnings of $2.45 per share for the year, up from their previous forecast of $2.15. The consensus estimate for Civista Bancshares’ current full-year earnings is $2.08 per share. DA Davidson also issued estimates for Civista Bancshares’ FY2026 earnings at $2.80 EPS.

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

Other equities analysts also recently issued reports about the stock. Stephens restated an “equal weight” rating and issued a $24.00 target price on shares of Civista Bancshares in a research note on Friday, January 31st. StockNews.com raised Civista Bancshares from a “hold” rating to a “buy” rating in a research report on Thursday. Keefe, Bruyette & Woods upped their price objective on shares of Civista Bancshares from $22.00 to $25.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 4th. Finally, Hovde Group upgraded shares of Civista Bancshares from a “market perform” rating to an “outperform” rating and set a $22.00 price objective on the stock in a research note on Wednesday, October 30th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $22.50.

Civista Bancshares Stock Performance

CIVB stock opened at $21.44 on Wednesday. Civista Bancshares has a twelve month low of $13.60 and a twelve month high of $23.69. The firm has a market cap of $337.40 million, a price-to-earnings ratio of 10.61 and a beta of 0.81. The business’s fifty day simple moving average is $21.36 and its two-hundred day simple moving average is $19.41. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.01.

Civista Bancshares Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Tuesday, February 4th will be given a dividend of $0.17 per share. The ex-dividend date is Tuesday, February 4th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.17%. This is a boost from Civista Bancshares’s previous quarterly dividend of $0.16. Civista Bancshares’s dividend payout ratio (DPR) is presently 33.66%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Inspire Investing LLC lifted its position in Civista Bancshares by 1.1% in the fourth quarter. Inspire Investing LLC now owns 52,528 shares of the bank’s stock valued at $1,105,000 after purchasing an additional 554 shares during the period. Los Angeles Capital Management LLC lifted its stake in shares of Civista Bancshares by 4.4% during the 3rd quarter. Los Angeles Capital Management LLC now owns 13,940 shares of the bank’s stock worth $248,000 after purchasing an additional 589 shares during the period. SG Americas Securities LLC raised its holdings in shares of Civista Bancshares by 15.6% during the 4th quarter. SG Americas Securities LLC now owns 6,624 shares of the bank’s stock valued at $139,000 after buying an additional 892 shares during the period. Park National Corp OH grew its holdings in Civista Bancshares by 8.6% during the 4th quarter. Park National Corp OH now owns 25,275 shares of the bank’s stock valued at $532,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Empowered Funds LLC boosted its stake in shares of Civista Bancshares by 5.0% during the 4th quarter. Empowered Funds LLC now owns 52,617 shares of the bank’s stock valued at $1,107,000 after buying an additional 2,482 shares during the last quarter. Hedge funds and other institutional investors own 52.10% of the company’s stock.

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.