Free Trial
NASDAQ:CIVB

Civista Bancshares (CIVB) Stock Price, News & Analysis

Civista Bancshares logo
$22.90 +0.36 (+1.60%)
(As of 11/22/2024 ET)

About Civista Bancshares Stock (NASDAQ:CIVB)

Key Stats

Today's Range
$22.54
$22.96
50-Day Range
$17.29
$23.25
52-Week Range
$13.60
$23.69
Volume
62,775 shs
Average Volume
73,062 shs
Market Capitalization
$360.45 million
P/E Ratio
11.39
Dividend Yield
2.79%
Price Target
$20.25
Consensus Rating
Moderate Buy

Company Overview

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. The company also holds and manages securities portfolio; leases general equipment; and provides captive insurance products. It operates in North Central, West Central, South Western Ohio, South Eastern Indiana, and Northern Kentucky. The company was formerly known as First Citizens Banc Corp and changed its name to Civista Bancshares, Inc. in May 2015. Civista Bancshares, Inc. was founded in 1884 and is headquartered in Sandusky, Ohio.

Civista Bancshares Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
86th Percentile Overall Score

CIVB MarketRank™: 

Civista Bancshares scored higher than 86% of companies evaluated by MarketBeat, and ranked 156th out of 922 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Civista Bancshares has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Civista Bancshares has only been the subject of 2 research reports in the past 90 days.

  • Read more about Civista Bancshares' stock forecast and price target.
  • Earnings Growth

    Earnings for Civista Bancshares are expected to grow by 7.33% in the coming year, from $1.91 to $2.05 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Civista Bancshares is 11.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.55.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Civista Bancshares is 11.39, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 39.38.

  • Price to Book Value per Share Ratio

    Civista Bancshares has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Civista Bancshares' valuation and earnings.
  • Percentage of Shares Shorted

    0.81% of the float of Civista Bancshares has been sold short.
  • Short Interest Ratio / Days to Cover

    Civista Bancshares has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Civista Bancshares has recently increased by 0.74%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Civista Bancshares pays a meaningful dividend of 2.84%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Civista Bancshares has been increasing its dividend for 13 years.

  • Dividend Coverage

    The dividend payout ratio of Civista Bancshares is 31.84%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Civista Bancshares will have a dividend payout ratio of 31.22% next year. This indicates that Civista Bancshares will be able to sustain or increase its dividend.

  • Read more about Civista Bancshares' dividend.
  • Percentage of Shares Shorted

    0.81% of the float of Civista Bancshares has been sold short.
  • Short Interest Ratio / Days to Cover

    Civista Bancshares has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Civista Bancshares has recently increased by 0.74%, indicating that investor sentiment is decreasing.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Civista Bancshares this week, compared to 2 articles on an average week.
  • MarketBeat Follows

    1 people have added Civista Bancshares to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Civista Bancshares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $15,607.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 3.01% of the stock of Civista Bancshares is held by insiders.

  • Percentage Held by Institutions

    52.10% of the stock of Civista Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Civista Bancshares' insider trading history.
Receive CIVB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Civista Bancshares and its competitors with MarketBeat's FREE daily newsletter.

CIVB Stock News Headlines

Trump’s Sending THIS Crypto Higher on Purpose
Discover the coin set to explode before 2025! Trump could trigger THIS crypto coin…
Civista Bancshares Expands Branch Network and Services
D.A. Davidson Sticks to Its Buy Rating for Civista Bancshares (CIVB)
Civista Bancshares price target raised to $21 from $19 at Piper Sandler
Civista Bancshares (CIVB) Gets a Hold from Piper Sandler
See More Headlines

CIVB Stock Analysis - Frequently Asked Questions

Civista Bancshares' stock was trading at $18.44 at the beginning of 2024. Since then, CIVB stock has increased by 24.2% and is now trading at $22.90.
View the best growth stocks for 2024 here
.

Civista Bancshares, Inc. (NASDAQ:CIVB) posted its quarterly earnings data on Tuesday, October, 29th. The bank reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.09. The bank earned $62.43 million during the quarter, compared to analyst estimates of $37.60 million. Civista Bancshares had a trailing twelve-month return on equity of 8.33% and a net margin of 13.12%.

Civista Bancshares' top institutional shareholders include The Manufacturers Life Insurance Company (2.95%), Wellington Management Group LLP (2.27%), Geode Capital Management LLC (2.21%) and State Street Corp (1.90%). Insiders that own company stock include Allen R Nickles, Gerald B Wurm, William F Ritzmann, Julie A Mattlin, Harry Singer, Nathan E Weaks, Michael D Mulford, Charles A Parcher and Darci L Congrove.
View institutional ownership trends
.

Shares of CIVB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Civista Bancshares investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), Advanced Micro Devices (AMD), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

Last Earnings
10/29/2024
Ex-Dividend for 11/19 Dividend
11/05/2024
Dividend Payable
11/19/2024
Today
11/23/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/13/2025

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Banking
Current Symbol
NASDAQ:CIVB
Employees
538
Year Founded
1884

Price Target and Rating

Average Stock Price Target
$20.25
High Stock Price Target
$22.00
Low Stock Price Target
$19.00
Potential Upside/Downside
-11.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$42.96 million
Pretax Margin
15.20%

Debt

Sales & Book Value

Annual Sales
$219.90 million
Cash Flow
$3.53 per share
Book Value
$25.07 per share

Miscellaneous

Free Float
15,263,000
Market Cap
$360.45 million
Optionable
Optionable
Beta
0.78

Social Links

The Best High-Yield Dividend Stocks for 2024 Cover

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report

This page (NASDAQ:CIVB) was last updated on 11/23/2024 by MarketBeat.com Staff
From Our Partners