Civista Bancshares (NASDAQ:CIVB) Earns Outperform Rating from Keefe, Bruyette & Woods

Civista Bancshares (NASDAQ:CIVB)‘s stock had its “outperform” rating reissued by Keefe, Bruyette & Woods in a note issued to investors on Friday,Benzinga reports. They currently have a $31.00 price objective on the bank’s stock, up from their prior price objective of $29.00. Keefe, Bruyette & Woods’ price objective points to a potential upside of 8.47% from the company’s current price.

CIVB has been the topic of a number of other research reports. Wall Street Zen downgraded Civista Bancshares from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Piper Sandler lifted their target price on shares of Civista Bancshares from $27.00 to $30.00 and gave the company a “neutral” rating in a research note on Thursday, June 25th. Zacks Research downgraded shares of Civista Bancshares from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Civista Bancshares in a research note on Wednesday, July 8th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Civista Bancshares currently has an average rating of “Hold” and a consensus target price of $27.80.

Civista Bancshares Stock Performance

Shares of NASDAQ CIVB opened at $28.58 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.93 and a quick ratio of 0.93. Civista Bancshares has a one year low of $18.94 and a one year high of $29.38. The business’s 50-day moving average price is $27.09 and its two-hundred day moving average price is $24.79. The company has a market capitalization of $593.89 million, a P/E ratio of 10.59 and a beta of 0.67.

Civista Bancshares (NASDAQ:CIVB) last posted its quarterly earnings results on Thursday, July 23rd. The bank reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.02. The company had revenue of $47.60 million during the quarter, compared to the consensus estimate of $48.08 million. Civista Bancshares had a return on equity of 10.82% and a net margin of 20.79%. Analysts anticipate that Civista Bancshares will post 2.82 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of CIVB. NewEdge Advisors LLC increased its stake in Civista Bancshares by 57.5% during the fourth quarter. NewEdge Advisors LLC now owns 1,317 shares of the bank’s stock valued at $29,000 after acquiring an additional 481 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Civista Bancshares by 5.8% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,832 shares of the bank’s stock worth $179,000 after acquiring an additional 485 shares during the period. Barclays PLC grew its holdings in shares of Civista Bancshares by 0.9% during the 3rd quarter. Barclays PLC now owns 54,603 shares of the bank’s stock worth $1,109,000 after purchasing an additional 498 shares in the last quarter. CWM LLC grew its holdings in shares of Civista Bancshares by 12.1% during the 4th quarter. CWM LLC now owns 8,249 shares of the bank’s stock worth $183,000 after purchasing an additional 893 shares in the last quarter. Finally, Vista Investment Management increased its position in shares of Civista Bancshares by 5.3% during the fourth quarter. Vista Investment Management now owns 18,183 shares of the bank’s stock valued at $404,000 after purchasing an additional 915 shares during the period. Institutional investors own 52.10% of the company’s stock.

Civista Bancshares News Summary

Here are the key news stories impacting Civista Bancshares this week:

• Positive Sentiment: Civista beat second-quarter earnings expectations, reporting $0.69 per share versus the $0.67 consensus, with net income rising to $14.3 million from $11.0 million a year ago. Article Title
• Positive Sentiment: Management said it expects mid-single-digit loan growth in 2026, suggesting continued business expansion even as a CEO transition begins next month. Article Title
• Positive Sentiment: Keefe, Bruyette & Woods reaffirmed its “outperform” rating and raised its price target to $31 from $29, reinforcing a constructive outlook on the shares. Article Title
• Neutral Sentiment: The company updated the record date for its previously declared third-quarter cash dividend; dividend scheduling changes usually support income-focused investors but are not a major operational catalyst. Article Title
• Neutral Sentiment: Short-interest data showed no meaningful change in bearish positioning, so it is unlikely to be a major driver of the stock today. Article Title

Civista Bancshares Company Profile

Civista Bancshares, Inc is a bank holding company headquartered in Saginaw, Michigan, operating through its wholly owned subsidiary, Civista Bank. The company offers a full suite of commercial and retail banking products and services to individuals, small- and mid-sized businesses, governmental entities and nonprofit organizations. Core offerings include deposit accounts, commercial and industrial loans, consumer and residential real estate mortgages, master-planned construction financing and treasury management solutions.

Beyond traditional banking, Civista Bancshares provides wealth management, trust and investment advisory services under the Civista Wealth Enterprises brand.