DA Davidson Lowers Earnings Estimates for Civista Bancshares

Civista Bancshares, Inc. (NASDAQ:CIVB) – DA Davidson decreased their FY2025 earnings per share estimates for shares of Civista Bancshares in a report released on Monday, October 27th. DA Davidson analyst J. Rulis now forecasts that the bank will earn $2.60 per share for the year, down from their previous estimate of $2.63. DA Davidson currently has a “Buy” rating and a $26.00 target price on the stock. The consensus estimate for Civista Bancshares’ current full-year earnings is $2.28 per share. DA Davidson also issued estimates for Civista Bancshares’ Q4 2025 earnings at $0.59 EPS and FY2026 earnings at $2.45 EPS.

Other equities analysts have also recently issued research reports about the company. Hovde Group cut Civista Bancshares from an “outperform” rating to a “market perform” rating and set a $22.00 price objective for the company. in a research report on Monday, August 18th. Keefe, Bruyette & Woods boosted their price objective on Civista Bancshares from $26.00 to $27.00 and gave the stock an “outperform” rating in a research report on Friday. Stephens cut their price objective on Civista Bancshares from $27.00 to $24.00 and set an “equal weight” rating for the company in a research report on Tuesday, July 29th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Civista Bancshares in a report on Wednesday, October 8th. Finally, Zacks Research raised Civista Bancshares from a “strong sell” rating to a “hold” rating in a report on Monday, September 29th. Two investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $24.60.

Civista Bancshares Stock Performance

CIVB opened at $21.97 on Tuesday. The company has a market cap of $424.31 million, a PE ratio of 8.20 and a beta of 0.73. The stock has a 50-day moving average of $20.79 and a 200-day moving average of $21.43. Civista Bancshares has a 52-week low of $17.47 and a 52-week high of $25.59. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.99 and a current ratio of 0.99.

Civista Bancshares (NASDAQ:CIVB) last released its quarterly earnings results on Thursday, October 23rd. The bank reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.07. The company had revenue of ($123.87) million during the quarter, compared to the consensus estimate of $43.63 million. Civista Bancshares had a return on equity of 10.86% and a net margin of 17.42%.

Institutional Investors Weigh In On Civista Bancshares

Several large investors have recently modified their holdings of CIVB. Federated Hermes Inc. grew its stake in shares of Civista Bancshares by 306.6% in the 2nd quarter. Federated Hermes Inc. now owns 1,346 shares of the bank’s stock valued at $31,000 after purchasing an additional 1,015 shares during the period. Caldwell Trust Co bought a new stake in shares of Civista Bancshares in the 2nd quarter valued at approximately $32,000. CWM LLC grew its stake in shares of Civista Bancshares by 43.7% in the 1st quarter. CWM LLC now owns 3,084 shares of the bank’s stock valued at $60,000 after purchasing an additional 938 shares during the period. Osaic Holdings Inc. grew its stake in shares of Civista Bancshares by 628.2% in the 2nd quarter. Osaic Holdings Inc. now owns 3,226 shares of the bank’s stock valued at $75,000 after purchasing an additional 2,783 shares during the period. Finally, Tower Research Capital LLC TRC grew its stake in shares of Civista Bancshares by 784.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,795 shares of the bank’s stock valued at $111,000 after purchasing an additional 4,253 shares during the period. 52.10% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Nathan E. Weaks acquired 2,000 shares of the stock in a transaction dated Wednesday, July 30th. The shares were bought at an average cost of $19.88 per share, for a total transaction of $39,760.00. Following the purchase, the director owned 8,283 shares in the company, valued at approximately $164,666.04. This trade represents a 31.83% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Over the last ninety days, insiders purchased 3,500 shares of company stock valued at $69,085. Corporate insiders own 2.60% of the company’s stock.

Civista Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 18th. Shareholders of record on Tuesday, November 4th will be issued a $0.17 dividend. The ex-dividend date of this dividend is Tuesday, November 4th. This represents a $0.68 annualized dividend and a yield of 3.1%. Civista Bancshares’s dividend payout ratio is 25.37%.

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.