Mendon Capital Advisors Corp Increases Stock Holdings in Civista Bancshares, Inc. $CIVB

Mendon Capital Advisors Corp raised its position in shares of Civista Bancshares, Inc. (NASDAQ:CIVB) by 38.3% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 311,725 shares of the bank’s stock after purchasing an additional 86,390 shares during the quarter. Civista Bancshares accounts for approximately 2.1% of Mendon Capital Advisors Corp’s holdings, making the stock its 15th biggest position. Mendon Capital Advisors Corp’s holdings in Civista Bancshares were worth $7,104,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in CIVB. NewEdge Advisors LLC lifted its stake in shares of Civista Bancshares by 57.5% in the 4th quarter. NewEdge Advisors LLC now owns 1,317 shares of the bank’s stock worth $29,000 after purchasing an additional 481 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Civista Bancshares by 5.8% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,832 shares of the bank’s stock worth $179,000 after buying an additional 485 shares during the last quarter. Barclays PLC grew its position in Civista Bancshares by 0.9% during the third quarter. Barclays PLC now owns 54,603 shares of the bank’s stock valued at $1,109,000 after buying an additional 498 shares during the period. CWM LLC increased its holdings in Civista Bancshares by 12.1% during the fourth quarter. CWM LLC now owns 8,249 shares of the bank’s stock valued at $183,000 after buying an additional 893 shares during the last quarter. Finally, Vista Investment Management increased its holdings in Civista Bancshares by 5.3% during the fourth quarter. Vista Investment Management now owns 18,183 shares of the bank’s stock valued at $404,000 after buying an additional 915 shares during the last quarter. Hedge funds and other institutional investors own 52.10% of the company’s stock.

Wall Street Analyst Weigh In

CIVB has been the topic of several analyst reports. Wall Street Zen cut shares of Civista Bancshares from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Piper Sandler raised their target price on Civista Bancshares from $27.00 to $30.00 and gave the stock a “neutral” rating in a report on Thursday, June 25th. Zacks Research downgraded Civista Bancshares from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Weiss Ratings reissued a “buy (b)” rating on shares of Civista Bancshares in a report on Wednesday, July 8th. Finally, Keefe, Bruyette & Woods restated an “outperform” rating and issued a $31.00 price target (up from $29.00) on shares of Civista Bancshares in a research report on Friday. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $27.80.

Civista Bancshares Stock Performance

CIVB opened at $28.58 on Monday. The firm has a market cap of $593.89 million, a P/E ratio of 10.59 and a beta of 0.67. Civista Bancshares, Inc. has a 1-year low of $18.94 and a 1-year high of $29.38. The company has a 50 day simple moving average of $27.09 and a two-hundred day simple moving average of $24.80. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.93 and a quick ratio of 0.93.

Civista Bancshares (NASDAQ:CIVB) last announced its quarterly earnings data on Thursday, July 23rd. The bank reported $0.69 EPS for the quarter, beating the consensus estimate of $0.67 by $0.02. Civista Bancshares had a net margin of 20.79% and a return on equity of 10.82%. The firm had revenue of $47.60 million for the quarter, compared to the consensus estimate of $48.08 million. Equities analysts forecast that Civista Bancshares, Inc. will post 2.82 earnings per share for the current fiscal year.

Civista Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 18th. Shareholders of record on Tuesday, August 4th will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, August 4th. This represents a $0.72 dividend on an annualized basis and a yield of 2.5%. Civista Bancshares’s dividend payout ratio (DPR) is currently 26.67%.

Key Headlines Impacting Civista Bancshares

Here are the key news stories impacting Civista Bancshares this week:

• Positive Sentiment: Civista beat second-quarter earnings expectations, reporting $0.69 per share versus the $0.67 consensus, with net income rising to $14.3 million from $11.0 million a year ago. Article Title
• Positive Sentiment: Management said it expects mid-single-digit loan growth in 2026, suggesting continued business expansion even as a CEO transition begins next month. Article Title
• Positive Sentiment: Keefe, Bruyette & Woods reaffirmed its “outperform” rating and raised its price target to $31 from $29, reinforcing a constructive outlook on the shares. Article Title
• Neutral Sentiment: The company updated the record date for its previously declared third-quarter cash dividend; dividend scheduling changes usually support income-focused investors but are not a major operational catalyst. Article Title
• Neutral Sentiment: Short-interest data showed no meaningful change in bearish positioning, so it is unlikely to be a major driver of the stock today. Article Title

About Civista Bancshares

Civista Bancshares, Inc is a bank holding company headquartered in Saginaw, Michigan, operating through its wholly owned subsidiary, Civista Bank. The company offers a full suite of commercial and retail banking products and services to individuals, small- and mid-sized businesses, governmental entities and nonprofit organizations. Core offerings include deposit accounts, commercial and industrial loans, consumer and residential real estate mortgages, master-planned construction financing and treasury management solutions.

Beyond traditional banking, Civista Bancshares provides wealth management, trust and investment advisory services under the Civista Wealth Enterprises brand.