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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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) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Civista Bancshares (CIVB) Is a Great Choice for "Trend" Investors, Here's Why

SANDUSKY, Ohio, Oct. 7, 2021 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ: CIVB) ("Civista") announced today that it will issue its third quarter 2021 financial results prior to market open on Wednesday, October 27, 2021. Civista Bancshares, Inc. will also host a conference call and webcast at 1:00 p.m.

Civista Bancshares, Inc. Announces Third Quarter 2021 Earnings Release Date

Civista Bancshares (CIVB) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Civista Bancshares (CIVB) Stock Jumps 5.8%: Will It Continue to Soar?

Civista (CIVB) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why Civista (CIVB) Stock Might be a Great Pick

Civista Bancshares (CIVB) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Here's Why "Trend" Investors Would Love Betting on Civista Bancshares (CIVB)

The announcement of a new share-repurchase program reflects Civista's (CIVB) robust balance sheet and its ability to augment shareholder value.

Civista (CIVB) Rewards Shareholders With New Buyback Plan

Civista Bancshares (CIVB) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Civista Bancshares (CIVB) Hits Fresh High: Is There Still Room to Run?

What Makes Civista Bancshares (CIVB) a Good Fit for "Trend Investing"

Civista Bancshares' (CIVB) CEO Dennis Shaffer on Q2 2021 Results - Earnings Call Transcript

Civista Bancshares (CIVB) delivered earnings and revenue surprises of 3.51% and 4.67%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Civista Bancshares (CIVB) Tops Q2 Earnings and Revenue Estimates

SANDUSKY, Ohio, July 23, 2021 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced its unaudited financial results for the three and six months ending June 30, 2021.  Second quarter and year-to-date 2021 highlights: Net income of $9.2 million, or $0.59 per diluted share, for the second quarter of 2021, compared to $6.5 million, or $0.41 per diluted share, for the second quarter of 2020.

Civista Bancshares, Inc. Announces Second Quarter 2021 Financial Results

Civista Bancshares (CIVB) doesn't possess 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) Earnings Expected to Grow: Should You Buy?

First Republic

J. M. Smucker

This article series provides a weekly summary of dividend changes. A summary table provides relevant data and key statistics of dividend increases.

Dividend Increases: July 3-9, 2021

SANDUSKY, Ohio, July 9, 2021 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ: CIVB) ("Civista") announced today that the Board of Directors has approved a quarterly dividend of 14 cents per common share to shareholders of record July 20, 2021, payable August 2, 2021. This dividend represents a payout of approximately $2.1 million.

Civista Bancshares, Inc. Increases Third Quarter Common Dividend by 17%

SANDUSKY, Ohio, July 8, 2021 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced today that it will issue its second quarter 2021 financial results prior to market open on Friday, July 23, 2021. Civista Bancshares, Inc. will also host a conference call and webcast at 1:00 p.m.

Civista Bancshares, Inc. Announces Second Quarter 2021 Earnings Release Date

Driven by solid fundamentals and stellar growth prospects, Civista Bancshares (CIVB) stock seems to be an attractive investment option right now.

3 Reasons That Make Civista Bancshares (CIVB) Stock a Key Pick

Is Civista (CIVB) Stock a Solid Choice Right Now?

Civista Bancshares (CIVB) Soars to 52-Week High, Time to Cash Out?

Civista Bancshares' (CIVB) balance sheet transformation initiatives will go a long way in supporting its financials.

Civista (CIVB) Undertakes Efforts to Solidify Business Operations

SANDUSKY, Ohio, May 21, 2021 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced three tactical transactions. On May 17, 2021, Civista entered into an agreement to sell 7,361 shares of Visa Inc. Class B common stock at a pre-tax gain of approximately $1.8 million.

Civista Bancshares, Inc. Announces Tactical Balance Sheet Transactions

Civista Bancshares (CIVB) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Civista Bancshares (CIVB) Upgraded to Buy: Here's What You Should Know

Civista Bancshares, Inc.'s (CIVB) CEO Dennis Shaffer on Q1 2021 Results - Earnings Call Transcript

Civista Bancshares (CIVB) delivered earnings and revenue surprises of 3.03% and 3.18%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Civista Bancshares (CIVB) Tops Q1 Earnings and Revenue Estimates

SANDUSKY, Ohio, April 23, 2021 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ: CIVB) ("Civista") announced its unaudited financial results for the three months ending March 31, 2021.  First quarter highlights Net income of $10.8 million, or $0.68 per diluted share, for the first quarter of 2021, compared to $7.8 million, or $0.47 per diluted share, for the first quarter of 2020.

Civista Bancshares, Inc. Announces First Quarter 2021 Financial Results

Civista Bancshares (CIVB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

News for Civista Bancshares Stock (CIVB)