Civista Bancshares

Civista Bancshares, Inc. is a financial holding company engaged in the community banking business. It provides financial services through its offices in the Ohio counties of Erie, Crawford, Champaign, Franklin, Logan, Summit, Huron, Ottawa, Madison, Union and Richland. The firm's primary deposit products are checking, savings, and term certificate accounts, and its lending products are residential mortgage, commercial and installment loans. The company was founded on February 19, 1987 and is headquartered in Sandusky, OH.

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Earnings data Q4 2024

Civista Bancshares reports strong earnings, eyes growth through acquisitions

Civista Bancshares delivered solid financial results with increased earnings and significant growth in loans and deposits.
While facing challenges such as rising expenses and anticipated credit loss provisions, the company remains well-positioned for growth.
Strategic acquisitions, expansion initiatives, and a focus on customer financial stability provide avenues for future success and profitability.

Civista Bancshares reports strong Q1 earnings amidst growth opportunities

Civista Bancshares delivered a strong performance in Q1 2023, with solid loan and deposit growth and robust credit quality.
While facing challenges such as increased noninterest expenses and declining service charge revenue, the company is focused on capital management and growth opportunities.
Opportunities lie in sustaining deposit balances, exploring acquisitions, and leveraging interest rate strategies for revenue growth and risk management.
Overall, Civista's strategic focus on maintaining a strong capital position and driving deposit and loan growth positions it well for future success.

Civista Bancshares reports robust Q2 earnings amidst margin pressure

Civista Bancshares' Q2 performance showcased growth in net income, loans, and deposits. Despite margin pressure and lower gains on sales, the company's credit quality remains strong. Opportunities in the leasing business and strategic reallocation of securities book offer potential for future growth.

Civista Bancshares reports mixed Q3 results, eyes revenue growth

Civista Bancshares faced challenges with margin compression and expense increases but saw strong loan portfolio growth and stable credit quality.
Opportunities lie in revenue growth through leasing, digital enhancements, and equipment leasing expansion.
Performance metrics show a mixed picture for the quarter, with a focus on profitability improvements and addressing revenue challenges by early 2024.
The company remains focused on enhancing its offerings and managing expenses to drive future growth and profitability.

Civista Bancshares reports mixed Q4 results, optimistic about growth

Civista Bancshares faced challenges with deposit competition and expense increases but capitalized on loan growth and strong credit quality.
The company's focus on rebuilding TCE ratio and organic growth presents opportunities for continued success.
Overall, Civista Bancshares delivered record net income and remains optimistic about future performance.
Despite some challenges, the company's strengths in credit quality and growth strategies position it well for the future.

Civista Bancshares faces revenue challenges but eyes growth opportunities ahead

Civista Bancshares navigated challenges in Q1 2024 with a focus on revenue diversification and cost management to ensure financial stability and growth.
Despite a decline in net income, the company demonstrated strengths in strategic initiatives, mortgage production, and consumer market adaptation.
Challenges such as revenue reduction and uncertainty in Q2 are balanced by opportunities in market expansion, profitability enhancement, and core franchise strength.
Overall, Civista Bancshares remains confident in its future success, emphasizing a disciplined approach and strong financial foundation for sustainable growth.

Civista Bancshares reports Q2 growth amidst revenue challenges

Civista Bancshares saw improved net income and loan portfolio growth in Q2 2024, supported by increased noninterest income.
While facing challenges in revenue replacement and higher expenses, the company remains focused on credit quality and capital strength.
Exploring core funding initiatives and growth opportunities, Civista Bancshares aims to enhance its financial position and improve margins.

Civista Bancshares reports mixed Q3 results, eyes margin expansion

Civista Bancshares navigated a challenging quarter with a mix of positives and challenges.
The company's disciplined financial management and strategic initiatives position it well for future growth.
Anticipated margin expansion and a focus on credit quality and customer base growth are key areas of focus.

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First Citizens Bancorp, Inc. is a one-bank financial holding company, whose principal subsidiary is first citizens bank and trust co. Inc. It offers commercial and retail banking services. The company provides financial services including deposit acceptance, corporate cash management, IRA plans, trust services and secured and unsecured loans. It also originates and services mortgage loans and provides financing for small businesses. First Citizens Bancorp was founded in 1982 and is headquartered in Columbia, SC.

Civista Bancshares (CIVB) announces new share buyback plan. This, along with regular dividend payouts, will continue to enhance shareholder value.

Civista (CIVB) Gains 2.2% on New Share Repurchase Program

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Dividend Champion, Contender, And Challenger Highlights: Week Of April 30

Civista Bancshares, Inc. (NASDAQ:CIVB ) Q1 2023 Results Conference Call April 28, 2023 1:00 PM ET Company Participants Dennis Shaffer - President and CEO Rich Dutton - SVP and COO Chuck Parcher - SVP and Chief Lending Officer Paul Stark - SVP Conference Call Participants Terry McEvoy - Stephens Tim Switzer - KBW Manuel Navas - D.A. Davidson Ben Gerlinger - Hovde Group Dan Cardenas - Janney Montgomery Scott Operator Good day, and welcome to the Civista Bancshares First Quarter 2023 Earnings Conference Call.

Civista Bancshares, Inc. (CIVB) Q1 2023 Earnings Call Transcript

Civista Bancshares (CIVB) came out with quarterly earnings of $0.82 per share, missing the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.57 per share a year ago.

Civista Bancshares (CIVB) Lags Q1 Earnings Estimates

SANDUSKY, Ohio , April 28, 2023 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced its unaudited financial results for the three months ending March 31, 2023.  First quarter highlights Net income of $12.9 million, or $0.82 per diluted share, for the first quarter of 2023, compared to $8.5 million, or $0.57 per diluted share, for the first quarter of 2022.

Civista Bancshares, Inc. Announces First Quarter 2023 Financial Results

SANDUSKY, Ohio , April 7, 2023 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced today that it will issue its first quarter 2023 financial results prior to market open on Friday, April 28, 2023. Civista Bancshares, Inc. will also host a conference call and webcast at 1:00 p.m.

Civista Bancshares, Inc. Announces First Quarter 2023 Earnings Release Date

Civista Bancshares, Inc. (NASDAQ:CIVB ) Q4 2022 Earnings Conference Call February 7, 2023 1:00 PM ET Company Participants Dennis Shaffer - President, CEO & Vice Chairman Paul Stark - SVP Richard Dutton - SVP & COO Charles Parcher - SVP Conference Call Participants Terence McEvoy - Stephens Inc. Manuel Navas - D.A. Davidson & Co. Timothy Switzer - KBW Daniel Cardenas - Janney Montgomery Scott Operator Good day, and welcome to the Civista Bancshares year-end 2022 Earnings Conference Call.

Civista Bancshares, Inc. (CIVB) Q4 2022 Earnings Call Transcript

Civista Bancshares (CIVB) delivered earnings and revenue surprises of 4.05% and 9.45%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Civista Bancshares (CIVB) Tops Q4 Earnings and Revenue Estimates

SANDUSKY, Ohio , Feb. 7, 2023 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced its unaudited financial results for the three and twelve month periods ending December 31, 2022.  Fourth quarter and year-to-date 2022 highlights: Net income of $12.1 million, or $0.77 per diluted share, for the fourth quarter of 2022, compared to $11.0 million, or $0.73 per diluted share, for the fourth quarter of 2021.

Civista Bancshares, Inc. Announces Fourth Quarter and Year-to-date 2022 Financial Results

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Vista Bancshares to Acquire Charis Holdings and Bank

SANDUSKY, Ohio , Jan. 6, 2023 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced today that it will issue its fourth quarter 2022 financial results prior to market open on Tuesday, February 7, 2023. Civista Bancshares, Inc. will also host a conference call and webcast at 1:00 p.m.

Civista Bancshares, Inc. Announces Fourth Quarter 2022 Earnings Release Date

Civista Bancshares, Inc. (NASDAQ:CIVB ) Q3 2022 Results Conference Call October 27, 2022 1:00 PM ET Company Participants Dennis Shaffer - President and CEO Chuck Parcher - SVP and Chief Lending Officer Rich Dutton - SVP and COO Conference Call Participants Terry McEvoy - Stephens Tim Switzer - KBW Paul Stark - Chief Credit Officer Nick Cucharale - Piper Sandler Manuel Navas - D.A. Davidson Terry McEvoy - Stephens Operator Good day, and welcome to the Civista Bancshares' Third Quarter 2022 Earnings Call.

Civista Bancshares, Inc. (CIVB) Q3 2022 Earnings Call Transcript

Civista Bancshares (CIVB) delivered earnings and revenue surprises of 20% and 3.95%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Civista Bancshares (CIVB) Q3 Earnings and Revenues Surpass Estimates

SANDUSKY, Ohio , Oct. 27, 2022 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ: CIVB) ("Civista") announced its unaudited financial results for the three and nine month periods ending September 30, 2022.  Third quarter and year-to-date 2022 highlights: Net income of $11.1 million, or $0.72 per diluted share, for the third quarter of 2022, compared to $9.6 million, or $0.64 per diluted share, for the third quarter of 2021.

Civista Bancshares, Inc. Announces Third Quarter 2022 Financial Results

Civista Bancshares (CIVB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Civista Bancshares (CIVB) Expected to Beat Earnings Estimates: Should You Buy?

SANDUSKY, Ohio, Oct. 7, 2022 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced today that it will issue its third quarter 2022 financial results prior to market open on Thursday, October 27, 2022. Civista Bancshares, Inc. will also host a conference call and webcast at 1:00 p.m.

Civista Bancshares, Inc. Announces Third Quarter 2022 Earnings Release Date

SANDUSKY, Ohio and PITTSBURGH , Sept. 30, 2022 /PRNewswire/ -- Sandusky, Ohio-based Civista Bancshares, Inc. ("Civista") (NASDAQ: CIVB) announced today the signing of a definitive stock purchase agreement pursuant to which Civista will acquire all of the issued and outstanding shares of Pittsburgh-based Vision Financial Group, Inc. ("VFG"), a leading privately held, independent, full-service general equipment leasing & financing company.

Civista Bancshares, Inc. To Acquire Vision Financial Group, Inc.

The consensus price target hints at a 27% upside potential for Civista Bancshares (CIVB). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

How Much Upside is Left in Civista Bancshares (CIVB)? Wall Street Analysts Think 27%

Civista Bancshares, Inc. (NASDAQ:CIVB ) Q2 2022 Earnings Conference Call July 28, 2022 1:00 PM ET Company Participants Dennis Shaffer - President and Chief Executive Officer Rich Dutton - Senior Vice President and Chief Operating Officer Chuck Parcher - Senior Vice President and Chief Lending Officer Paul Stark - Chief Credit Officer Conference Call Participants Terry McEvoy - Stephens Tim Switzer - KBW Nick Cucharale - Piper Sandler 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. Various factors could cause actual results to be materially different from any future results expressed or implied by such forward-looking statements.

Civista Bancshares, Inc. (CIVB) CEO Dennis Shaffer on Q2 2022 Results - Earnings Call Transcript

SANDUSKY, Ohio , July 28, 2022 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced its unaudited financial results for the three and six month periods ending June 30, 2022.  Second quarter and year-to-date 2022 highlights: Net income of $7.7 million, or $0.53 per diluted share, for the second quarter of 2022, compared to $9.2 million, or $0.59 per diluted share, for the second quarter of 2021.

Civista Bancshares, Inc. Announces Second Quarter 2022 Financial Results

SANDUSKY, Ohio , July 27, 2022 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista")   announced that it is adding Lorina Wise to its board of directors.  In making the announcement, Dennis G.

Civista Bancshares, Inc. announces appointment of Lorina Wise as director

SANDUSKY, Ohio , July 11, 2022 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ: CIVB) ("Civista") announced today that it will issue its second quarter 2022 financial results prior to market open on Thursday, July 28, 2022. Civista Bancshares, Inc. will also host a conference call and webcast at 1:00 p.m.

Civista Bancshares, Inc. Announces Second Quarter 2022 Earnings Release Date

SANDUSKY, Ohio , July 1, 2022 /PRNewswire/ -- Civista Bancshares, Inc. ("Civista") (NASDAQ: CIVB) today announced it has completed its acquisition of Comunibanc Corp. ("Comunibanc"), and its wholly-owned subsidiary The Henry County Bank, effective as of July 1, 2022. The transaction brings Civista's total assets to approximately $3.5 billion, based on information as of March 31, 2022.

Civista Bancshares, Inc. Completes Acquisition of Comunibanc Corp.

News for Civista Bancshares Stock (CIVB)