Financial Services - Banks - Regional - NASDAQ - US
$ 22.29
-1.94 %
$ 351 M
Market Cap
11.15
P/E
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. The company also purchases securities; and provides trust and third-party insurance services. It operates approximately 42 locations in Northern, Central, Southwestern, and Northwestern Ohio, as well as Southeastern Indiana and Northern Kentucky. The company was formerly known as First Citizens Banc Corp and changed its name to Civista Bancshares, Inc. in May 2015.[ Read More ]
The intrinsic value of one CIVB stock under the base case scenario is HIDDEN Compared to the current market price of 22.3 USD, Civista Bancshares, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart CIVB
FINANCIALS
160 M
REVENUE
0
OPERATING INCOME
41.4 M
NET INCOME
60.8 M
OPERATING CASH FLOW
-310 M
INVESTING CASH FLOW
266 M
FINANCING CASH FLOW
62.4 M
REVENUE
9.92 M
OPERATING INCOME
6.8 M
NET INCOME
12 M
OPERATING CASH FLOW
-130 M
INVESTING CASH FLOW
123 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Civista Bancshares, Inc.
| Current Assets | 82.8 M |
| Cash & Short-Term Investments | 8.33 M |
| Receivables | 0 |
| Other Current Assets | 74.4 M |
| Non-Current Assets | 3.88 B |
| Long-Term Investments | 60.6 M |
| PP&E | 58.4 M |
| Other Non-Current Assets | 3.76 B |
| Current Liabilities | 30.4 M |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 30.4 M |
| Non-Current Liabilities | 3.46 B |
| Long-Term Debt | 116 M |
| Other Non-Current Liabilities | 3.34 B |
EFFICIENCY
Earnings Waterfall
Civista Bancshares, Inc.
| Revenue | 160 M |
| Cost Of Revenue | 0 |
| Gross Profit | 160 M |
| Operating Expenses | 160 M |
| Operating Income | 0 |
| Other Expenses | -41.4 M |
| Net Income | 41.4 M |
RATIOS
100.00%
GROSS MARGIN
0.00%
OPERATING MARGIN
26.81%
NET MARGIN
11.55%
ROE
1.11%
ROA
0.00%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Civista Bancshares, Inc.
| Net Income | 41.4 M |
| Depreciation & Amortization | 12.3 M |
| Capital Expenditures | -3.43 M |
| Stock-Based Compensation | 984 K |
| Change in Working Capital | 7.22 M |
| Others | 6.8 M |
| Free Cash Flow | 59.3 M |
Wall Street Analysts Price Targets
Civista Bancshares, Inc.
Wall Street analysts predict an average 1-year price target for CIVB of $21 , with forecasts ranging from a low of $21 to a high of $21 .
CIVB Lowest Price Target
Wall Street Target
21 USD
-5.79%
CIVB Average Price Target
Wall Street Target
21 USD
-5.79%
CIVB Highest Price Target
Wall Street Target
21 USD
-5.79%
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0.16 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Civista Bancshares, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
15.6 K USD 1
0-3 MONTHS
81.2 K USD 2
3-6 MONTHS
60 K USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 week ago
Nov 05, 2024
|
Bought 15.6 K USD
|
Congrove Darci L
Director |
+ 750
|
20.8127 USD |
|
3 months ago
Aug 13, 2024
|
Bought 31.2 K USD
|
Mattlin Julie A
Director |
+ 2000
|
15.5983 USD |
|
5 months ago
Jun 06, 2024
|
Bought 2.79 K USD
|
PERFECT CLYDE A JR
other: Subsidiary Director |
+ 196
|
14.24 USD |
|
5 months ago
Jun 06, 2024
|
Bought 2.85 K USD
|
PERFECT CLYDE A JR
other: Subsidiary Director |
+ 200
|
14.23 USD |
|
5 months ago
Jun 06, 2024
|
Bought 598 USD
|
PERFECT CLYDE A JR
other: Subsidiary Director |
+ 42
|
14.25 USD |
|
5 months ago
Jun 06, 2024
|
Bought 6.74 K USD
|
PERFECT CLYDE A JR
other: Subsidiary Director |
+ 474
|
14.216 USD |
|
5 months ago
Jun 06, 2024
|
Bought 14.3 USD
|
PERFECT CLYDE A JR
other: Subsidiary Director |
+ 1
|
14.2885 USD |
|
5 months ago
Jun 06, 2024
|
Bought 12.8 K USD
|
PERFECT CLYDE A JR
other: Subsidiary Director |
+ 899
|
14.2583 USD |
|
5 months ago
Jun 06, 2024
|
Bought 24.2 K USD
|
PERFECT CLYDE A JR
other: Subsidiary Director |
+ 1700
|
14.2587 USD |
|
6 months ago
May 08, 2024
|
Bought 14 K USD
|
MULFORD MICHAEL D.
Senior Vice President |
+ 1000
|
13.97 USD |
|
8 months ago
Mar 14, 2024
|
Bought 359 USD
|
Parcher Charles A.
Senior Vice President |
+ 25
|
14.35 USD |
|
8 months ago
Mar 14, 2024
|
Bought 4.33 K USD
|
Parcher Charles A.
Senior Vice President |
+ 301
|
14.39 USD |
|
8 months ago
Mar 14, 2024
|
Bought 9.71 K USD
|
Parcher Charles A.
Senior Vice President |
+ 674
|
14.41 USD |
|
8 months ago
Feb 20, 2024
|
Bought 31.6 K USD
|
MULFORD MICHAEL D.
Senior Vice President |
+ 2000
|
15.82 USD |
|
1 year ago
Nov 02, 2023
|
Bought 1.12 K USD
|
WURM GERALD B
|
+ 76
|
14.698 USD |
|
1 year ago
Nov 01, 2023
|
Bought 10.8 K USD
|
WURM GERALD B
|
+ 750
|
14.361 USD |
|
1 year ago
May 04, 2023
|
Bought 51.3 K USD
|
WURM GERALD B
|
+ 3500
|
14.6713 USD |
|
1 year ago
Mar 23, 2023
|
Bought 7.08 K USD
|
WURM GERALD B
|
+ 400
|
17.69 USD |
|
1 year ago
Mar 23, 2023
|
Bought 583 USD
|
WURM GERALD B
|
+ 33
|
17.67 USD |
|
1 year ago
Mar 23, 2023
|
Bought 532 USD
|
WURM GERALD B
|
+ 30
|
17.72 USD |
|
1 year ago
Mar 23, 2023
|
Bought 20.9 K USD
|
WURM GERALD B
|
+ 1170
|
17.8692 USD |
|
1 year ago
Mar 23, 2023
|
Bought 6.5 K USD
|
WURM GERALD B
|
+ 367
|
17.6999 USD |
|
1 year ago
Mar 23, 2023
|
Bought 7.08 K USD
|
WURM GERALD B
|
+ 400
|
17.69 USD |
|
1 year ago
Mar 23, 2023
|
Bought 583 USD
|
WURM GERALD B
|
+ 33
|
17.67 USD |
|
1 year ago
Mar 23, 2023
|
Bought 532 USD
|
WURM GERALD B
|
+ 30
|
17.72 USD |
|
1 year ago
Mar 23, 2023
|
Bought 20.9 K USD
|
WURM GERALD B
|
+ 1170
|
17.8692 USD |
|
1 year ago
Mar 23, 2023
|
Bought 6.5 K USD
|
WURM GERALD B
|
+ 367
|
17.6999 USD |
|
1 year ago
Mar 16, 2023
|
Bought 17.6 K USD
|
Weaks Nathan E
|
+ 1000
|
17.55 USD |
|
1 year ago
Mar 15, 2023
|
Bought 17.6 K USD
|
Weaks Nathan E
|
+ 1000
|
17.55 USD |
|
1 year ago
Feb 28, 2023
|
Bought 24.9 K USD
|
Weaks Nathan E
|
+ 1178
|
21.17 USD |
|
1 year ago
Feb 27, 2023
|
Bought 28.1 K USD
|
Weaks Nathan E
|
+ 1322
|
21.22 USD |
|
1 year ago
Feb 23, 2023
|
Bought 28.4 K USD
|
Mattlin Julie A
Director |
+ 1300
|
21.8189 USD |
|
2 years ago
Mar 03, 2022
|
Sell 121 K USD
|
NICKLES ALLEN R
Director |
- 5000
|
24.25 USD |
|
2 years ago
Nov 03, 2022
|
Sell 228 K USD
|
NICKLES ALLEN R
Director |
- 10000
|
22.754 USD |
|
2 years ago
Jun 17, 2022
|
Bought 39.7 K USD
|
Singer Harry
director: |
+ 1900
|
20.9 USD |
|
2 years ago
May 05, 2022
|
Bought 20.5 K USD
|
Ritzmann William F
Director |
+ 1000
|
20.5 USD |
|
2 years ago
Mar 15, 2022
|
Bought 10.3 K USD
|
WURM GERALD B
director: |
+ 415.844
|
24.649 USD |
|
2 years ago
Mar 03, 2022
|
Sell 121 K USD
|
NICKLES ALLEN R
Director |
- 5000
|
24.25 USD |
|
2 years ago
Mar 01, 2022
|
Sell 120 K USD
|
NICKLES ALLEN R
Director |
- 5000
|
24.092 USD |
|
2 years ago
Feb 15, 2022
|
Bought 24.6 K USD
|
Mattlin Julie A
Director |
+ 1000
|
24.564 USD |
|
3 years ago
Jul 28, 2021
|
Bought 7.64 K USD
|
Singer Harry
Director |
+ 325
|
23.5 USD |
|
4 years ago
Jul 29, 2020
|
Bought 13.4 K USD
|
Murray Dennis E Jr
Director |
+ 1000
|
13.427 USD |
|
4 years ago
Jul 30, 2020
|
Bought 59.4 K USD
|
Boerger Barry W
|
+ 4400
|
13.5 USD |
|
4 years ago
Jul 29, 2020
|
Bought 5.33 K USD
|
Singer Harry
Director |
+ 400
|
13.33 USD |
|
4 years ago
Jul 29, 2020
|
Bought 10 K USD
|
Singer Harry
Director |
+ 750
|
13.33 USD |
|
4 years ago
May 06, 2020
|
Bought 9.16 K USD
|
Singer Harry
Director |
+ 675
|
13.57 USD |
|
4 years ago
Feb 28, 2020
|
Bought 200 K USD
|
WURM GERALD B
|
+ 10353
|
19.36 USD |
|
4 years ago
Feb 28, 2020
|
Bought 3.67 K USD
|
WURM GERALD B
|
+ 185
|
19.85 USD |
|
4 years ago
Dec 03, 2019
|
Bought 25.4 K USD
|
Singer Harry
Director |
+ 1200
|
21.2 USD |
|
5 years ago
May 30, 2019
|
Bought 87 K USD
|
WURM GERALD B
|
+ 4000
|
21.75 USD |
|
5 years ago
May 30, 2019
|
Bought 65.3 K USD
|
WURM GERALD B
|
+ 3000
|
21.78 USD |
|
5 years ago
May 30, 2019
|
Bought 65.4 K USD
|
WURM GERALD B
|
+ 3000
|
21.8 USD |
|
5 years ago
May 07, 2019
|
Bought 569 USD
|
NICKLES ALLEN R
Director |
+ 25
|
22.748 USD |
|
5 years ago
Dec 17, 2018
|
Bought 19.8 K USD
|
Singer Harry
|
+ 1100
|
17.9891 USD |
|
5 years ago
Feb 20, 2019
|
Sell 35.5 K USD
|
McLaughlin W Michael
|
- 1663
|
21.3741 USD |
|
5 years ago
Feb 20, 2019
|
Sell 197 K USD
|
McLaughlin W Michael
|
- 9337
|
21.0604 USD |
|
5 years ago
Dec 17, 2018
|
Bought 8.84 K USD
|
Parcher Charles A.
Senior Vice President |
+ 500
|
17.67 USD |
|
5 years ago
Dec 17, 2018
|
Bought 8.55 K USD
|
NICKLES ALLEN R
Director |
+ 484
|
17.67 USD |
|
5 years ago
Dec 07, 2018
|
Bought 9.85 K USD
|
NICKLES ALLEN R
Director |
+ 500
|
19.7 USD |
|
5 years ago
Nov 30, 2018
|
Bought 21.2 K USD
|
Singer Harry
|
+ 1000
|
21.2012 USD |
|
5 years ago
Nov 20, 2018
|
Bought 527 USD
|
Singer Harry
|
+ 25
|
21.068 USD |
|
6 years ago
Nov 06, 2018
|
Bought 21.5 K USD
|
Morrison Lance A.
SVP, Legal Counsel |
+ 1000
|
21.5 USD |
|
6 years ago
Sep 20, 2018
|
Bought 712 USD
|
Singer Harry
|
+ 30
|
23.7399 USD |
|
6 years ago
Sep 18, 2018
|
Bought 11.4 K USD
|
Parcher Charles A.
Senior Vice President |
+ 497
|
22.93 USD |
|
6 years ago
Sep 18, 2018
|
Bought 68.1 USD
|
Parcher Charles A.
Senior Vice President |
+ 3
|
22.71 USD |
|
6 years ago
Aug 31, 2018
|
Bought 4.78 K USD
|
Singer Harry
|
+ 200
|
23.92 USD |
|
6 years ago
Aug 16, 2018
|
Bought 866 USD
|
NICKLES ALLEN R
Director |
+ 35
|
24.73 USD |
7. News
Civista Bancshares: Raising The Earnings Estimates And Maintaining A Buy Rating
As the average loan yield is stickier than the average deposit cost, the margin will benefit from interest rate cuts. I haven't incorporated planned tariffs in my rate outlook. Loan growth is unlikely to return to the enviable level achieved earlier this year because of an economic slowdown in Civista Bancshares' markets. I've raised my earnings estimates partly because the margin has performed better than expected.
seekingalpha.com
- 2 days ago
Civista Bancshares, Inc. (CIVB) Q3 2024 Earnings Call Transcript
Civista Bancshares, Inc. (NASDAQ:CIVB ) Q3 2024 Earnings Conference Call October 29, 2024 1:00 PM ET Company Participants Dennis Shaffer - President & Chief Executive Officer Richard Dutton - Senior Vice President & Chief Operating Officer Chuck Parcher - Senior Vice President & Chief Lending Officer Ian Whinnem - Senior Vice President & Chief Financial Officer Mike Mulford - Chief Credit Officer. Conference Call Participants Justin Crowley - Piper Sandler Brendan Nosal - Hovde Group Terry McEvoy - Stephens Tim Switzer - KBW Manuel Navas - D.A.
seekingalpha.com
- 2 weeks ago
Compared to Estimates, Civista Bancshares (CIVB) Q3 Earnings: A Look at Key Metrics
Although the revenue and EPS for Civista Bancshares (CIVB) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.com
- 2 weeks ago
Civista Bancshares (CIVB) Beats Q3 Earnings and Revenue Estimates
Civista Bancshares (CIVB) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.66 per share a year ago.
zacks.com
- 2 weeks ago
Civista Bancshares, Inc. Announces Third Quarter 2024 Financial Results of $0.53 per Common Share
SANDUSKY, Ohio , Oct. 29, 2024 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ: CIVB) ("Civista") announced its unaudited financial results for the three- and nine-month periods ending September 30, 2024. Third quarter and year-to-date 2024 highlights: Net income of $8.4 million, or $0.53 per diluted share, for the third quarter of 2024, compared to $10.4 million, or $0.66 per diluted share, for the third quarter of 2023.
prnewswire.com
- 2 weeks ago
Civista Bancshares, Inc. Declares Fourth Quarter Common Dividend
SANDUSKY, Ohio , Oct. 25, 2024 /PRNewswire/ -- 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 November 5, 2024, payable November 19, 2024. This dividend represents a payout of approximately $2.5 million.
prnewswire.com
- 3 weeks ago
Civista Bancshares, Inc. Announces Third Quarter 2024 Earnings Release Date
SANDUSKY, Ohio , Oct. 2, 2024 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ: CIVB) ("Civista") announced today that it will issue its third quarter 2024 financial results prior to market open on Tuesday, October 29, 2024. Civista Bancshares, Inc. will also host a conference call and webcast at 1:00 p.m.
prnewswire.com
- 1 month ago
Civista Bancshares: Margin Likely To Drive Earnings Recovery; Valuation Isn't Bad
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.
seekingalpha.com
- 2 months ago
Civista Bancshares, Inc. (CIVB) Q2 2024 Earnings Call Transcript
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.
seekingalpha.com
- 3 months ago
Civista Bancshares (CIVB) Reports Q2 Earnings: What Key Metrics Have to Say
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.
zacks.com
- 3 months ago
Civista Bancshares (CIVB) Q2 Earnings and Revenues Beat Estimates
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.
zacks.com
- 3 months ago
Civista Bancshares, Inc. Announces Second Quarter 2024 Financial Results
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. 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.
prnewswire.com
- 3 months ago
8. Profile Summary
Civista Bancshares, Inc. CIVB
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 351 M
Dividend Yield
0.00%
Description
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. The company also purchases securities; and provides trust and third-party insurance services. It operates approximately 42 locations in Northern, Central, Southwestern, and Northwestern Ohio, as well as Southeastern Indiana and Northern Kentucky. The company was formerly known as First Citizens Banc Corp and changed its name to Civista Bancshares, Inc. in May 2015. Civista Bancshares, Inc. was founded in 1884 and is headquartered in Sandusky, Ohio.
Contact
100 East Water Street, Sandusky, OH, 44870-2514
https://www.civb.com
IPO Date
April 6, 1994
Employees
534
Officers
Mr. Robert L. Curry Jr.
Senior Vice President & Chief Risk Officer
Mr. Dennis G. Shaffer
President, Chief Executive Officer & Vice Chairman
Mr. Richard J. Dutton
Senior Vice President & Chief Operating Officer
Mr. Harry Singer
Independent Director
Mr. Charles A. Parcher
Senior Vice President & Chief Lending Officer
Mr. Ian Whinnem
Interim Principal Accounting Officer, Senior Vice President & Chief Financial Officer
Mr. Carl A. Kessler III
Senior Vice President & Chief Information Officer
Mr. Lance A. Morrison
Senior Vice President, General Counsel & Corporate Secretary
Ms. Donna M. Waltz-Jaskolski
Senior Vice President & Customer Experience Officer
Russel J. Edwards Jr.
Senior Vice President of Retail Banking