Wellington Management Group LLP Reduces Stake in Civista Bancshares, Inc. $CIVB

Posted by Francis Steltz on Sep 5th, 2026

Wellington Management Group LLP cut its stake in Civista Bancshares, Inc. (NASDAQ:CIVB – Free Report) by 5.9% in the second quarter, Holdings Channel reports. The fund owned 1,259,065 shares of the bank’s stock after selling 78,523 shares during the period. Wellington Management Group LLP owned 0.06% of Civista Bancshares worth $35,531,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. NewEdge Advisors LLC boosted 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 last quarter. Federated Hermes Inc. increased its position in Civista Bancshares by 306.6% during the second quarter. Federated Hermes Inc. now owns 1,346 shares of the bank’s stock worth $31,000 after purchasing an additional 1,015 shares during the last quarter. Osaic Holdings Inc. raised its stake in Civista Bancshares by 628.2% during the second quarter. Osaic Holdings Inc. now owns 3,226 shares of the bank’s stock worth $75,000 after purchasing an additional 2,783 shares during the period. BNP Paribas Financial Markets raised its stake in Civista Bancshares by 111.4% during the third quarter. BNP Paribas Financial Markets now owns 3,998 shares of the bank’s stock worth $81,000 after purchasing an additional 2,107 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new position in Civista Bancshares during the second quarter worth about $85,000. Hedge funds and other institutional investors own 52.10% of the company’s stock.

Civista Bancshares Price Performance

Civista Bancshares stock opened at $27.77 on Friday. The company’s 50 day simple moving average is $28.19 and its 200-day simple moving average is $25.79. The company has a market capitalization of $577.34 million, a price-to-earnings ratio of 10.29 and a beta of 0.65. Civista Bancshares, Inc. has a 1 year low of $19.82 and a 1 year high of $29.97. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.94 and a current ratio of 0.95.

Civista Bancshares (NASDAQ:CIVB – Get Free Report) last posted its quarterly earnings data 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. Civista Bancshares had a net margin of 20.79% and a return on equity of 10.65%. The firm had revenue of $47.60 million during the quarter, compared to analysts’ expectations of $48.08 million. As a group, equities research analysts expect that Civista Bancshares, Inc. will post 2.83 earnings per share for the current year.

Civista Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 18th. Shareholders of record on Tuesday, August 4th were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Tuesday, August 4th. Civista Bancshares’s dividend payout ratio is 26.67%.

Analyst Ratings Changes

Several analysts have recently weighed in on CIVB shares. Wall Street Zen cut shares of Civista Bancshares from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Piper Sandler upped their price objective on Civista Bancshares from $30.00 to $31.00 and gave the company a “neutral” rating in a report on Monday, July 27th. DA Davidson increased their price objective on Civista Bancshares from $31.00 to $33.00 and gave the stock a “buy” rating in a research report on Monday, July 27th. Weiss Ratings reissued a “buy (b)” rating on shares of Civista Bancshares in a research note on Wednesday, July 8th. Finally, Keefe, Bruyette & Woods restated an “outperform” rating and issued a $31.00 target price (up from $29.00) on shares of Civista Bancshares in a research report on Friday, July 24th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Civista Bancshares currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.25.

View Our Latest Report on CIVB

Civista Bancshares Profile

(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.