Q2 EPS Forecast for Civista Bancshares Boosted by Analyst

Civista Bancshares, Inc. (NASDAQ:CIVB) – Equities research analysts at DA Davidson lifted their Q2 2025 earnings per share (EPS) estimates for Civista Bancshares in a note issued to investors on Tuesday, July 15th. DA Davidson analyst M. Navas now forecasts that the bank will post earnings per share of $0.66 for the quarter, up from their previous forecast of $0.65. DA Davidson has a “Buy” rating and a $26.00 price target on the stock. The consensus estimate for Civista Bancshares’ current full-year earnings is $2.28 per share.

A number of other analysts have also recently weighed in on the company. Keefe, Bruyette & Woods increased their price target on Civista Bancshares from $25.00 to $28.00 and gave the stock an “outperform” rating in a research report on Friday, April 25th. Wall Street Zen lowered Civista Bancshares from a “buy” rating to a “hold” rating in a research report on Saturday, June 28th. Piper Sandler raised their target price on Civista Bancshares from $23.00 to $24.00 and gave the company a “neutral” rating in a research note on Monday, April 28th. Finally, Stephens increased their price objective on shares of Civista Bancshares from $24.00 to $25.00 and gave the stock an “equal weight” rating in a report on Friday, April 25th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, Civista Bancshares presently has a consensus rating of “Moderate Buy” and a consensus price target of $25.00.

Civista Bancshares Stock Performance

Shares of NASDAQ CIVB opened at $21.58 on Wednesday. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 1.19. The firm’s 50-day moving average price is $22.85 and its two-hundred day moving average price is $21.28. Civista Bancshares has a 52-week low of $14.90 and a 52-week high of $25.59. The stock has a market capitalization of $334.92 million, a P/E ratio of 9.51 and a beta of 0.69.

Civista Bancshares (NASDAQ:CIVB) last issued its earnings results on Thursday, April 24th. The bank reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.16. Civista Bancshares had a net margin of 14.35% and a return on equity of 9.13%. The company had revenue of $40.63 million for the quarter, compared to analysts’ expectations of $40.33 million.

Insiders Place Their Bets

In other Civista Bancshares news, SVP Richard J. Dutton purchased 4,000 shares of the stock in a transaction dated Friday, July 11th. The shares were bought at an average cost of $21.25 per share, with a total value of $85,000.00. Following the completion of the acquisition, the senior vice president owned 4,000 shares of the company’s stock, valued at approximately $85,000. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Dennis E. Murray, Jr. acquired 6,143 shares of Civista Bancshares stock in a transaction that occurred on Tuesday, April 29th. The stock was bought at an average cost of $22.44 per share, with a total value of $137,848.92. Following the acquisition, the chairman directly owned 19,162 shares of the company’s stock, valued at approximately $429,995.28. This trade represents a 47.18% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders have purchased 17,385 shares of company stock worth $376,741. Insiders own 2.60% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Arrowstreet Capital Limited Partnership boosted its stake in Civista Bancshares by 210.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 149,815 shares of the bank’s stock valued at $3,152,000 after buying an additional 101,610 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new stake in Civista Bancshares in the 4th quarter valued at about $1,774,000. Nuveen LLC bought a new position in shares of Civista Bancshares during the 1st quarter valued at about $1,594,000. American Century Companies Inc. boosted its position in shares of Civista Bancshares by 55.0% during the 4th quarter. American Century Companies Inc. now owns 191,316 shares of the bank’s stock valued at $4,025,000 after purchasing an additional 67,889 shares in the last quarter. Finally, Nuveen Asset Management LLC grew its stake in shares of Civista Bancshares by 166.8% in the 4th quarter. Nuveen Asset Management LLC now owns 92,687 shares of the bank’s stock worth $1,950,000 after purchasing an additional 57,950 shares during the last quarter. 52.10% of the stock is currently owned by 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.