Civista Bancshares’ (CIVB) “Outperform” Rating Reiterated at Keefe, Bruyette & Woods

Civista Bancshares (NASDAQ:CIVB)‘s stock had its “outperform” rating reissued by investment analysts at Keefe, Bruyette & Woods in a research report issued on Friday,Benzinga reports. They presently 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 suggests a potential upside of 7.34% from the stock’s current price.

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

Civista Bancshares Price Performance

NASDAQ CIVB traded up $0.59 during trading hours on Friday, reaching $28.88. 21,444 shares of the stock traded hands, compared to its average volume of 101,607. The stock has a 50 day simple moving average of $27.00 and a two-hundred day simple moving average of $24.76. Civista Bancshares has a 1 year low of $18.94 and a 1 year high of $29.38. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.93 and a quick ratio of 0.93. The company has a market cap of $600.13 million, a price-to-earnings ratio of 10.65 and a beta of 0.67.

Civista Bancshares (NASDAQ:CIVB) last issued its earnings results on Thursday, July 23rd. The bank reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.02. Civista Bancshares had a net margin of 19.73% and a return on equity of 10.70%. The company had revenue of $47.60 million for the quarter, compared to analysts’ expectations of $48.08 million. On average, analysts predict that Civista Bancshares will post 2.82 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. NewEdge Advisors LLC grew its position in shares of Civista Bancshares by 57.5% during the 4th 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. grew its stake in Civista Bancshares by 5.8% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,832 shares of the bank’s stock valued at $179,000 after acquiring an additional 485 shares in the last quarter. Barclays PLC increased its holdings in shares of Civista Bancshares by 0.9% in the third quarter. Barclays PLC now owns 54,603 shares of the bank’s stock worth $1,109,000 after purchasing an additional 498 shares during the last quarter. CWM LLC increased its stake in Civista Bancshares by 12.1% in the 4th quarter. CWM LLC now owns 8,249 shares of the bank’s stock worth $183,000 after acquiring an additional 893 shares during the last quarter. Finally, Vista Investment Management raised its stake in 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 in the last quarter. 52.10% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Civista Bancshares

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

• Positive Sentiment: Civista reported Q2 2026 EPS of $0.69, topping estimates of $0.67, while net income rose to $14.3 million from $11.0 million a year ago, signaling stronger earnings momentum. Article Title
• Positive Sentiment: Management indicated mid-single-digit loan growth is expected in 2026, which suggests ongoing balance-sheet expansion and revenue support as the company transitions to a new CEO next month. Article Title
• Positive Sentiment: Civista declared a consistent quarterly cash dividend of $0.18 per share, reinforcing its shareholder-return profile and supporting the stock’s appeal to income investors. Article Title
• Neutral Sentiment: Revenue came in slightly below analyst expectations at $47.6 million versus $48.08 million expected, which partially offset the earnings beat but does not appear to have overshadowed the stronger bottom-line results.
• Neutral Sentiment: The company’s upcoming CEO transition may keep investors focused on execution and continuity, but there has been no sign of immediate disruption.

About Civista Bancshares

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.