Civista Bancshares Inc

Civista Bancshares Inc Stock Forecast & Price Prediction

Live Civista Bancshares Inc Stock (CIVB) Price
$17.58

5

Ratings

  • Buy 3
  • Hold 2
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$17.58

P/E Ratio

7.85

Volume Traded Today

$26,160

Dividend

$0.16

52 Week High/low

19.00/13.60

Civista Bancshares Inc Market Cap

$263.0M

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CIVB Summary

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.

CIVB Analyst Ratings

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.

CIVB stock forecast by analyst

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

CIVB Company Information

  • Company Name: Civista Bancshares, Inc.
  • Type: Financial holding company for Civista Bank
  • Services Offered:
    • Community banking services
    • Collection of customer deposits
    • Variety of loan products including:
      • Commercial and agriculture loans
      • Commercial and residential real estate loans
      • Farm real estate loans
      • Real estate construction loans
      • Consumer loans
    • Letters of credit
    • Securities portfolio management
    • Leasing of general equipment
    • Captive insurance products
  • Geographic Presence: Operates in North Central, West Central, South Western Ohio, South Eastern Indiana, and Northern Kentucky
  • History: Founded in 1884, formerly known as First Citizens Banc Corp; rebranded to Civista Bancshares, Inc. in May 2015
  • Headquarters: Sandusky, Ohio
CIVB
Civista Bancshares Inc (CIVB)

When did it IPO

N/A

Staff Count

538

Country

United States

Sector/Industry

Financial Services/Banksโ€”Regional

CEO

Mr. Dennis G. Shaffer

Market Cap

$263.0M

Civista Bancshares Inc (CIVB) Financial Data

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

$116.0M

Revenue From 2021

$124.6M

7.34 %
From Previous Year

Revenue From 2022

$137.0M

10.01 %
From Previous Year

Revenue From 2023

$160.2M

16.94 %
From Previous Year
  • Revenue TTM $147.5M
  • Operating Margin TTM 24.6%
  • Gross profit TTM $0
  • Return on assets TTM 0.9%
  • Return on equity TTM 9.2%
  • Profit Margin 22.7%
  • Book Value Per Share 23.75%
  • Market capitalisation $263.0M
  • Revenue for 2021 $124.6M
  • Revenue for 2022 $137.0M
  • Revenue for 2023 $160.2M
  • EPS this year (TTM) $2.13

Civista Bancshares Inc (CIVB) Latest News

News Image

Wed, 21 Aug 2024

Sentiment - POSITIVE

Source - Seeking Alpha

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.

News Image

Mon, 29 Jul 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Mon, 29 Jul 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

News Image

Mon, 29 Jul 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

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.

News Image

Mon, 29 Jul 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Fri, 26 Jul 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

...

CIVB Frequently asked questions

The highest forecasted price for CIVB is $20.5 from at .

The lowest forecasted price for CIVB is $18.5 from from

The CIVB analyst ratings consensus are 3 buy ratings, 2 hold ratings, and 0 sell ratings.