Civista Bancshares (NASDAQ:CIVB) Given “Outperform” Rating at Keefe, Bruyette & Woods

Keefe, Bruyette & Woods restated their outperform rating on shares of Civista Bancshares (NASDAQ:CIVB) in a research report sent to investors on Friday,Benzinga reports. The firm currently has a $31.00 price target on the bank’s stock, up from their previous price target of $29.00.

Several other equities analysts also recently issued reports on CIVB. Piper Sandler upped their price objective 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 lowered shares of Civista Bancshares from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Civista Bancshares in a research report on Wednesday, July 8th. Finally, Wall Street Zen downgraded Civista Bancshares from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Civista Bancshares has an average rating of “Hold” and an average target price of $27.80.

Civista Bancshares Stock Performance

CIVB stock opened at $28.58 on Friday. The firm has a 50-day simple moving average of $27.09 and a two-hundred day simple moving average of $24.79. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.93 and a current ratio of 0.93. Civista Bancshares has a one year low of $18.94 and a one year high of $29.38. The firm has a market cap of $593.89 million, a price-to-earnings ratio of 10.59 and a beta of 0.67.

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

Civista Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 18th. Investors of record on Tuesday, August 4th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, August 4th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.5%. Civista Bancshares’s dividend payout ratio (DPR) is presently 26.47%.

Institutional Investors Weigh In On Civista Bancshares

Institutional investors and hedge funds have recently modified their holdings of the company. NewEdge Advisors LLC boosted its holdings in shares of Civista Bancshares by 57.5% during the fourth quarter. NewEdge Advisors LLC now owns 1,317 shares of the bank’s stock worth $29,000 after purchasing an additional 481 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Civista Bancshares by 5.8% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,832 shares of the bank’s stock worth $179,000 after buying an additional 485 shares during the last quarter. Barclays PLC boosted its stake in Civista Bancshares by 0.9% in the 3rd quarter. Barclays PLC now owns 54,603 shares of the bank’s stock worth $1,109,000 after buying an additional 498 shares during the last quarter. CWM LLC grew its holdings in Civista Bancshares by 12.1% in the 4th quarter. CWM LLC now owns 8,249 shares of the bank’s stock valued at $183,000 after buying an additional 893 shares during the period. Finally, Vista Investment Management increased its stake in shares of Civista Bancshares by 5.3% during the 4th quarter. Vista Investment Management now owns 18,183 shares of the bank’s stock valued at $404,000 after acquiring an additional 915 shares during the last quarter. Hedge funds and other institutional investors own 52.10% of the company’s stock.

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.