Equities Analysts Set Expectations for CIVB Q1 Earnings

Civista Bancshares, Inc. (NASDAQ:CIVB) – DA Davidson issued their Q1 2025 earnings per share estimates for Civista Bancshares in a research note issued to investors on Monday, February 3rd. DA Davidson analyst M. Navas anticipates that the bank will post earnings per share of $0.49 for the quarter. The consensus estimate for Civista Bancshares’ current full-year earnings is $2.08 per share.

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

Civista Bancshares Trading Up 0.7 %

NASDAQ:CIVB opened at $21.22 on Tuesday. The stock has a market capitalization of $334.00 million, a price-to-earnings ratio of 10.51 and a beta of 0.81. Civista Bancshares has a 52 week low of $13.60 and a 52 week high of $23.69. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.01. The firm has a 50 day moving average of $21.40 and a 200 day moving average of $19.40.

Civista Bancshares (NASDAQ:CIVB) last released its quarterly earnings results on Thursday, January 30th. The bank reported $0.63 EPS for the quarter, beating 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%.

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 given a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 3.20%. This is an increase from Civista Bancshares’s previous quarterly dividend of $0.16. The ex-dividend date is Tuesday, February 4th. Civista Bancshares’s dividend payout ratio is presently 31.68%.

Institutional Investors Weigh In On Civista Bancshares

A number of large investors have recently bought and sold shares of CIVB. Inspire Investing LLC grew its holdings in Civista Bancshares by 1.1% during the fourth quarter. Inspire Investing LLC now owns 52,528 shares of the bank’s stock worth $1,105,000 after acquiring an additional 554 shares during the period. Los Angeles Capital Management LLC boosted its position in Civista Bancshares by 4.4% in 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 in the last quarter. SG Americas Securities LLC grew its stake 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 worth $139,000 after purchasing an additional 892 shares during the period. Park National Corp OH increased its holdings in shares of 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 lifted its stake in shares of Civista Bancshares by 5.0% in the 4th quarter. Empowered Funds LLC now owns 52,617 shares of the bank’s stock valued at $1,107,000 after purchasing an additional 2,482 shares during the period. Hedge funds and other institutional investors own 52.10% of the company’s stock.

About Civista Bancshares

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.