Civista Bancshares, Inc. (NASDAQ:CIVB) Given Consensus Rating of “Hold” by Brokerages

Shares of Civista Bancshares, Inc. (NASDAQ:CIVB) have been assigned an average recommendation of “Hold” from the seven brokerages that are covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $27.20.

Several brokerages have recently issued reports on CIVB. Weiss Ratings reiterated a “buy (b)” rating on shares of Civista Bancshares in a research note on Wednesday, July 8th. Piper Sandler raised their target price on shares of Civista Bancshares from $27.00 to $30.00 and gave the company a “neutral” rating in a report on Thursday, June 25th. Zacks Research downgraded shares of Civista Bancshares from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Finally, Wall Street Zen downgraded shares of Civista Bancshares from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th.

Institutional Trading of Civista Bancshares

A number of institutional investors have recently bought and sold shares of the business. Assenagon Asset Management S.A. acquired a new position in shares of Civista Bancshares during the 1st quarter worth about $433,000. Knights of Columbus Asset Advisors LLC acquired a new stake in shares of Civista Bancshares during the 4th quarter worth about $1,637,000. Royce & Associates LP lifted its stake in Civista Bancshares by 42.9% during the fourth quarter. Royce & Associates LP now owns 392,952 shares of the bank’s stock worth $8,731,000 after purchasing an additional 117,994 shares during the last quarter. CWM LLC boosted its holdings in Civista Bancshares by 12.1% in the fourth quarter. CWM LLC now owns 8,249 shares of the bank’s stock valued at $183,000 after purchasing an additional 893 shares in the last quarter. Finally, Empowered Funds LLC increased its stake in Civista Bancshares by 6.0% in the first quarter. Empowered Funds LLC now owns 82,659 shares of the bank’s stock valued at $1,884,000 after purchasing an additional 4,667 shares during the last quarter. 52.10% of the stock is owned by hedge funds and other institutional investors.

Civista Bancshares News Summary

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

• Positive Sentiment: Second-quarter 2026 earnings came in ahead of expectations, with Civista Bancshares posting $0.69 per share versus the $0.67 consensus estimate. Article Title
• Positive Sentiment: Net income rose to $14.3 million, up $3.3 million from the same quarter last year, signaling better profitability. Article Title
• Positive Sentiment: The company also declared a consistent quarterly dividend of 18 cents per share, reinforcing its income appeal for investors. Article Title
• Neutral Sentiment: Revenue for the quarter was $47.6 million, slightly below analyst expectations of $48.08 million, suggesting the earnings beat was driven more by profit strength than top-line growth. Article Title

Civista Bancshares Stock Up 0.4%

Shares of NASDAQ CIVB opened at $28.29 on Friday. The stock has a market cap of $587.87 million, a P/E ratio of 10.40 and a beta of 0.67. The business’s fifty day simple moving average is $27.00 and its 200-day simple moving average is $24.76. Civista Bancshares has a 12-month low of $18.94 and a 12-month high of $29.38. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.38.

Civista Bancshares (NASDAQ:CIVB) last released its earnings results on Thursday, July 23rd. The bank reported $0.69 EPS for the quarter, topping the consensus estimate of $0.67 by $0.02. Civista Bancshares had a return on equity of 10.70% and a net margin of 19.73%.The firm had revenue of $47.60 million during the quarter, compared to analysts’ expectations of $48.08 million. As a group, equities analysts predict that Civista Bancshares will post 2.82 EPS for the current fiscal year.

Civista Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 18th. Investors of record on Friday, August 14th will be paid a dividend of $0.18 per share. The ex-dividend date is Friday, August 14th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.5%. Civista Bancshares’s payout ratio is presently 26.47%.

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.