Analysts Set Civista Bancshares, Inc. (NASDAQ:CIVB) PT at $27.20

Shares of Civista Bancshares, Inc. (NASDAQ:CIVB) have earned a consensus rating of “Hold” from the seven research firms that are currently covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $27.80.

Several brokerages have recently weighed in on CIVB. Zacks Research downgraded shares of Civista Bancshares from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Keefe, Bruyette & Woods reissued an “outperform” rating and issued a $31.00 price objective (up from $29.00) on shares of Civista Bancshares in a research report on Friday. Wall Street Zen downgraded shares of Civista Bancshares from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Piper Sandler boosted their target price on shares of Civista Bancshares from $27.00 to $30.00 and gave the stock a “neutral” rating in a research report on Thursday, June 25th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Civista Bancshares in a research note on Wednesday, July 8th.

Institutional Trading of Civista Bancshares

Several hedge funds have recently bought and sold shares of CIVB. Wellington Management Group LLP grew its position in Civista Bancshares by 1,092.1% in the 3rd quarter. Wellington Management Group LLP now owns 1,474,065 shares of the bank’s stock worth $29,938,000 after purchasing an additional 1,350,409 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Civista Bancshares by 19.4% in the third quarter. Vanguard Group Inc. now owns 1,021,787 shares of the bank’s stock valued at $20,752,000 after purchasing an additional 166,049 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Civista Bancshares by 4.4% during the first quarter. Dimensional Fund Advisors LP now owns 950,330 shares of the bank’s stock valued at $21,658,000 after buying an additional 40,176 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Civista Bancshares by 7.5% during the fourth quarter. Geode Capital Management LLC now owns 462,583 shares of the bank’s stock valued at $10,281,000 after buying an additional 32,146 shares during the last quarter. Finally, State Street Corp raised its holdings in shares of Civista Bancshares by 6.7% during the fourth quarter. State Street Corp now owns 411,500 shares of the bank’s stock valued at $9,144,000 after buying an additional 25,672 shares during the last quarter. 52.10% of the stock is currently owned by institutional investors.

Civista Bancshares Stock Performance

NASDAQ CIVB opened at $28.58 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.93 and a current ratio of 0.93. The stock’s fifty day moving average is $27.09 and its two-hundred day moving average is $24.80. The firm has a market capitalization of $593.89 million, a P/E ratio of 10.59 and a beta of 0.67. Civista Bancshares has a fifty-two week low of $18.94 and a fifty-two week high of $29.38.

Civista Bancshares (NASDAQ:CIVB) last issued its earnings results on Thursday, July 23rd. The bank reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.02. Civista Bancshares had a return on equity of 10.82% and a net margin of 20.79%.The business had revenue of $47.60 million during the quarter, compared to the consensus estimate of $48.08 million. On average, research analysts anticipate that Civista Bancshares will post 2.82 earnings per share for the current year.

Civista Bancshares Announces Dividend

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

More Civista Bancshares News

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.