Q1 Earnings Forecast for CIVB Issued By DA Davidson

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

CIVB has been the topic of a number of other reports. Keefe, Bruyette & Woods increased their price objective on shares of Civista Bancshares from $22.00 to $25.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 4th. Stephens reissued an “equal weight” rating and set a $24.00 price target on shares of Civista Bancshares in a research note on Friday. Finally, Hovde Group raised Civista Bancshares from a “market perform” rating to an “outperform” rating and set a $22.00 price objective on the stock in a research report on Wednesday, October 30th. 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 data from MarketBeat.com, Civista Bancshares currently has a consensus rating of “Moderate Buy” and an average target price of $22.50.

Civista Bancshares Stock Performance

Shares of NASDAQ:CIVB opened at $20.90 on Tuesday. The firm has a fifty day simple moving average of $21.48 and a two-hundred day simple moving average of $19.35. 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 has a 52 week low of $13.60 and a 52 week high of $23.69. The stock has a market capitalization of $328.97 million, a P/E ratio of 10.35 and a beta of 0.81.

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

Civista Bancshares Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Tuesday, February 4th will be given a dividend of $0.17 per share. This is an increase from Civista Bancshares’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Tuesday, February 4th. This represents a $0.68 dividend on an annualized basis and a yield of 3.25%. Civista Bancshares’s dividend payout ratio (DPR) is 31.68%.

Institutional Trading of Civista Bancshares

Hedge funds have recently modified their holdings of the company. Dimensional Fund Advisors LP grew its stake in Civista Bancshares by 0.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 795,154 shares of the bank’s stock worth $12,316,000 after buying an additional 6,234 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Civista Bancshares by 2.8% during the third quarter. Geode Capital Management LLC now owns 348,352 shares of the bank’s stock worth $6,208,000 after acquiring an additional 9,501 shares during the last quarter. State Street Corp increased its holdings in shares of Civista Bancshares by 1.1% during the third quarter. State Street Corp now owns 298,557 shares of the bank’s stock valued at $5,320,000 after acquiring an additional 3,112 shares in the last quarter. Assenagon Asset Management S.A. raised its position in shares of Civista Bancshares by 130.8% in the 3rd quarter. Assenagon Asset Management S.A. now owns 63,456 shares of the bank’s stock valued at $1,131,000 after purchasing an additional 35,968 shares during the last quarter. Finally, Empowered Funds LLC grew its position in Civista Bancshares by 5.0% during the 4th quarter. Empowered Funds LLC now owns 52,617 shares of the bank’s stock worth $1,107,000 after purchasing an additional 2,482 shares during the last quarter. 52.10% of the stock is owned by hedge funds and other institutional investors.

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.