The Civista Bancshares Inc (CIVB) share price is expected to increase by 9.5% over the next year. This is based on calculating the average 12-month share price estimate provided by 5 stock analysts who have covered CIVB. Price targets range from $18.5 at the low end to $20.5 at the high end. The current analyst consensus for CIVB is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Civista Bancshares Inc has a total of 5 Wall St Analyst ratings. There are 3 buy ratings, 2 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Civista Bancshares Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of CIVB.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Justin Crowley Piper Sandler | Neutral | $19 | Maintains | Aug 1, 2024 |
Timothy Switzer Keefe, Bruyette & Woods | Outperform | $19 | Reiterates | Jul 30, 2024 |
Timothy Switzer Keefe, Bruyette & Woods | Outperform | $18 | Reiterates | May 1, 2024 |
Brendan Nosal Piper Sandler | Neutral | $18 | Initiates | Feb 21, 2024 |
Terry McEvoy Stephens & Co. | Equal-Weight | $19 | Maintains | Feb 9, 2024 |
Terry McEvoy Stephens & Co. | Overweight | $22 | Reiterates | Aug 1, 2023 |
Brendan Nosal Piper Sandler | Overweight | $18 | Assumes | May 3, 2023 |
Michael Perito Keefe, Bruyette & Woods | Outperform | $25 | Maintains | Apr 6, 2023 |
Terry McEvoy Stephens & Co. | Overweight | $27 | Maintains | Feb 8, 2023 |
Daniel Cardenas Janney Montgomery Scott | Buy | $27 | Initiates | Nov 30, 2022 |
Nicholas Cucharale Piper Sandler | Overweight | $17.5 | Maintains | Oct 26, 2020 |
Piper Sandler | Overweight | $14.5 | Maintains | Sep 29, 2020 |
Stephens & Co. | Overweight | Initiates | Jul 7, 2020 | |
Boenning & Scattergood | Outperform | Upgrade | Feb 11, 2020 | |
DA Davidson | Buy | Upgrade | Aug 9, 2019 | |
Keefe, Bruyette & Woods | Market Perform | $26 | Downgrade | Jul 8, 2019 |
Keefe Bruyette & Woods | Market Perform | Downgrade | Jul 8, 2019 | |
Hovde Group | Outperform | Upgrade | Sep 19, 2018 | |
Kevin Reevey DA Davidson | Neutral | $25 | Maintains | Apr 30, 2018 |
DA Davidson | Neutral | Initiates | Apr 7, 2017 |
When did it IPO
N/A
Staff Count
538
Country
United States
Sector/Industry
Financial Services/BanksโRegional
CEO
Mr. Dennis G. Shaffer
Market Cap
$263.0M
In 2023, CIVB generated $160.2M in revenue, which was a increase of 16.94% from the previous year. This can be seen as a signal that CIVB's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - As the balance sheet is liability-sensitive, the margin will benefit from a falling interest-rate environment. CIVB's loan growth has been quite healthy in the past and is likely to remain decent in the future. The December 2024 target price suggests a double-digit price upside from the current market price.
Summary - Civista Bancshares, Inc. (NASDAQ:CIVB ) Q2 2024 Earnings Conference Call July 29, 2024 1:00 PM ET Company Participants Dennis Shaffer - President and Chief Executive Officer Richard Dutton - Senior Vice President and Chief Operating Officer Charles Parcher - Senior Vice President and Chief Lending Officer Michael Mulford - Senior Vice President and Chief Credit Officer Ian Whinnem - Interim Principal Accounting Officer, Senior VP and CFO Conference Call Participants Justin Crowley - Piper Sandler Brendan Nosal - Hovde Group Terry McEvoy - Stephens Tim Switzer - KBW Manuel Navas - D.A. Davidson Operator Before we begin, I would like to remind you that this conference call may contain forward-looking statements with respect to the future performance and financial condition of Civista Bancshares, Inc., that involve risks and uncertainties.
Summary - SANDUSKY, Ohio , July 29, 2024 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ: CIVB) ("Civista") announced its unaudited financial results for the three- and six-month periods ended June 30, 2024.ย Second quarter and year-to-date 2024 highlights: Earnings per diluted share (EPS) for the quarter were $0.45, higher by $0.04, or 10%, than the prior quarter, and lower by $0.19, or 30%, from the year-ago quarter.
Summary - While the top- and bottom-line numbers for Civista Bancshares (CIVB) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Summary - Civista Bancshares (CIVB) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.64 per share a year ago.
Summary - SANDUSKY, Ohio , July 26, 2024 /PRNewswire/ --ย Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced today that the Board of Directors has approved a quarterly dividend of 16 cents per common share to shareholders of record August 6, 2024, payable August 20, 2024.ย This dividend represents a payout of approximately $2.5 million.