Civista Bancshares (NASDAQ:CIVB) Posts Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Posted by on Jul 25th, 2026

Civista Bancshares (NASDAQ:CIVB – Get Free Report) issued its quarterly earnings data on Thursday. The bank reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.02, FiscalAI reports. Civista Bancshares had a net margin of 20.79% and a return on equity of 10.82%. The business had revenue of $47.60 million during the quarter, compared to analyst estimates of $48.08 million.

Here are the key takeaways from Civista Bancshares’ conference call:

  • Civista reported Q2 2026 net income of $14.3 million, or $0.69 per diluted share, up 30% year over year, while pre-provision net revenue rose 36% year over year.
  • Net interest margin expanded to 3.89% as funding costs fell and the bank continued to improve asset pricing, with management saying Q3 should be roughly flat and Q4 could see another modest lift.
  • Loan balances grew $25.2 million in the quarter despite elevated payoffs, and management still expects mid-single-digit loan growth for the rest of 2026 supported by strong pipelines.
  • The bank continued to reduce expensive wholesale funding, cutting brokered deposits by $25 million in the quarter and $276 million over the last eight quarters, while maintaining a granular core deposit base.
  • Credit remained solid, with net charge-offs of just $74,000 and the allowance for credit losses at 1.28% of total loans, though management noted some normalization and broader macro uncertainty.

Civista Bancshares Trading Up 1.0%

CIVB opened at $28.58 on Friday. The company has a fifty day moving average of $27.09 and a 200-day moving average of $24.79. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.38. The stock has a market cap of $593.89 million, a PE ratio of 10.59 and a beta of 0.67. Civista Bancshares has a twelve month low of $18.94 and a twelve month high of $29.38.

Civista Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 18th. Stockholders of record on Tuesday, August 4th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, August 4th. Civista Bancshares’s dividend payout ratio is currently 26.47%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in CIVB. NewEdge Advisors LLC grew its stake in Civista Bancshares by 57.5% in the fourth quarter. NewEdge Advisors LLC now owns 1,317 shares of the bank’s stock worth $29,000 after purchasing an additional 481 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position 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 buying an additional 485 shares during the period. Barclays PLC lifted its position in Civista Bancshares by 0.9% during the third quarter. Barclays PLC now owns 54,603 shares of the bank’s stock valued at $1,109,000 after buying an additional 498 shares during the period. Vista Investment Management boosted its holdings in shares of Civista Bancshares by 5.3% during the 4th quarter. Vista Investment Management now owns 18,183 shares of the bank’s stock valued at $404,000 after buying an additional 915 shares in the last quarter. Finally, Federated Hermes Inc. boosted its holdings in shares of Civista Bancshares by 306.6% during the 2nd quarter. Federated Hermes Inc. now owns 1,346 shares of the bank’s stock valued at $31,000 after buying an additional 1,015 shares in the last quarter. Hedge funds and other institutional investors own 52.10% of the company’s stock.

Civista Bancshares News Roundup

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Civista Bancshares in a report on Wednesday, July 8th. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and set a $31.00 target price (up from $29.00) on shares of Civista Bancshares in a research report on Friday. Wall Street Zen downgraded Civista Bancshares from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Zacks Research lowered Civista Bancshares from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Finally, Piper Sandler upped their price target on Civista Bancshares from $27.00 to $30.00 and gave the company a “neutral” rating in a research report on Thursday, June 25th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $27.80.

Get Our Latest Research Report on CIVB

About Civista Bancshares

(Get Free Report)

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.

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Earnings History for Civista Bancshares (NASDAQ:CIVB)

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