Civista Bancshar Financials

CIVB

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Civista Bancshar (CIVB) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 33/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Civista Bancshar's revenue declined 37.2% year-over-year, from $30.4M to $19.1M. This contraction results in a growth score of 0/100.

Leverage

Civista Bancshar has elevated debt relative to equity (D/E of 9.55), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Cash Flow

100

Civista Bancshar converts 230.4% of revenue into free cash flow ($44.1M). This strong cash generation earns a score of 100/100.

Returns

Civista Bancshar's ROE of 8.2% shows moderate profitability relative to equity, earning a score of 33/100. This is down from 11.6% the prior year.

Piotroski F-Score Weak

3/9

Civista Bancshar passes 3 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.52x

For every $1 of reported earnings, Civista Bancshar generates $1.52 in operating cash flow ($48.2M OCF vs $31.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Revenue

$19.1M

YoY-37.2%

5Y CAGR+1.5%

10Y CAGR-8.4%

Civista Bancshar generated $19.1M in revenue in fiscal year 2024. This represents a decrease of 37.2% from the prior year.

EBITDA

N/A

Free Cash Flow

$44.1M

YoY-25.7%

5Y CAGR+4.4%

10Y CAGR+11.8%

Civista Bancshar generated $44.1M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 25.7% from the prior year.

Net Income

$31.7M

YoY-26.3%

5Y CAGR-1.3%

10Y CAGR+12.8%

Civista Bancshar reported $31.7M in net income in fiscal year 2024. This represents a decrease of 26.3% from the prior year.

EPS (Diluted)

$2.01

YoY-26.4%

5Y CAGR+0.0%

10Y CAGR+9.0%

Civista Bancshar earned $2.01 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 26.4% from the prior year.

Cash & Debt

$63.2M

YoY+4.6%

5Y CAGR+6.3%

Civista Bancshar held $63.2M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

N/A

Gross Margin

N/A

Operating Margin

N/A

Net Margin

165.7%

YoY+24.6pp

5Y CAGR-24.8pp

10Y CAGR+144.9pp

Civista Bancshar's net profit margin was 165.7% in fiscal year 2024, showing the share of revenue converted to profit. This is up 24.6 percentage points from the prior year.

Return on Equity

8.2%

YoY-3.4pp

5Y CAGR-2.1pp

10Y CAGR-0.1pp

Civista Bancshar's ROE was 8.2% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 3.4 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

$164K

YoY-89.9%

5Y CAGR-47.0%

Civista Bancshar spent $164K on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 89.9% from the prior year.

Capital Expenditures

$4.2M

YoY+22.1%

5Y CAGR+5.5%

10Y CAGR+24.1%

Civista Bancshar invested $4.2M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 22.1% from the prior year.

CIVB Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$19.1M-37.2%	$30.4M+24.1%	$24.5M+25.0%	$19.6M+15.9%	$16.9M-4.7%	$17.8M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$90.0M+57.2%	$57.2M+258.8%	$16.0M+65.7%	$9.6M-5.0%	$10.1M-21.7%	$13.0M
Income Tax	$4.9M-36.1%	$7.6M+0.5%	$7.6M-2.9%	$7.8M+58.6%	$4.9M-13.1%	$5.7M
Net Income	$31.7M-26.3%	$43.0M+9.0%	$39.4M-2.8%	$40.5M+26.0%	$32.2M-5.0%	$33.9M
EPS (Diluted)	$2.01-26.4%	$2.73+5.0%	$2.60-1.1%	$2.63+31.5%	$2.00-0.5%	$2.01

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	$6.2M+21.0%	$5.1M+6.5%	$4.8M+94.3%	$2.5M-52.5%	$5.2M-10.3%	$5.8M+2.1%	$5.7M-35.8%	$8.8M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$20.7M-3.6%	$21.5M+2.4%	$21.0M-4.2%	$21.9M-6.9%	$23.5M+2.9%	$22.8M+5.0%	$21.8M+12.4%	$19.4M
Income Tax	$2.9M+53.7%	$1.9M+6.2%	$1.8M+19.3%	$1.5M-4.3%	$1.6M+52.1%	$1.0M+22.2%	$835K-47.2%	$1.6M
Net Income	$12.8M+15.8%	$11.0M+8.3%	$10.2M+2.8%	$9.9M+18.3%	$8.4M+18.4%	$7.1M+11.1%	$6.4M-34.1%	$9.7M
EPS (Diluted)	$0.68-4.2%	$0.71+7.6%	$0.66+40.4%	$0.47-11.3%	$0.53+17.8%	$0.45+9.8%	$0.41+36.7%	$0.30

CIVB Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$4.1B+6.1%	$3.9B+6.1%	$3.6B+20.8%	$3.0B+8.8%	$2.8B+19.9%	$2.3B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$63.2M+4.6%	$60.4M+39.3%	$43.4M-83.6%	$264.2M+92.8%	$137.0M+194.3%	$46.6M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$125.5M0.0%	$125.5M-0.1%	$125.7M+63.6%	$76.9M0.0%	$76.9M0.0%	$76.9M
Total Liabilities	$3.7B+6.3%	$3.5B+5.6%	$3.3B+24.3%	$2.7B+9.9%	$2.4B+22.2%	$2.0B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$388.5M+4.4%	$372.0M+11.1%	$334.8M-5.7%	$355.2M+1.5%	$350.1M+6.1%	$330.1M
Retained Earnings	$205.4M+11.8%	$183.8M+17.4%	$156.5M+24.6%	$125.6M+34.9%	$93.0M+36.9%	$68.0M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$4.1B-1.7%	$4.2B+0.9%	$4.1B+1.2%	$4.1B+0.9%	$4.1B+1.2%	$4.0B+3.4%	$3.9B+0.5%	$3.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$62.8M-15.0%	$73.9M-18.3%	$90.5M+43.2%	$63.2M-15.4%	$74.7M+33.9%	$55.8M+10.8%	$50.3M-16.7%	$60.4M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$125.5M0.0%	$125.5M0.0%	$125.5M0.0%	$125.5M0.0%	$125.5M0.0%	$125.5M0.0%	$125.5M0.0%	$125.5M
Total Liabilities	$3.6B-4.4%	$3.8B+0.9%	$3.7B+1.1%	$3.7B+1.2%	$3.7B+0.8%	$3.6B+3.6%	$3.5B+0.6%	$3.5B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$499.0M+23.5%	$404.1M+1.7%	$397.4M+2.3%	$388.5M-1.5%	$394.4M+5.5%	$373.8M+1.1%	$369.7M-0.6%	$372.0M
Retained Earnings	$230.8M+4.3%	$221.3M+3.9%	$212.9M+3.7%	$205.4M+3.7%	$198.0M+3.0%	$192.2M+2.4%	$187.6M+2.1%	$183.8M

CIVB Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$48.2M-23.1%	$62.7M+149.0%	$25.2M-38.2%	$40.8M+24.8%	$32.7M-15.8%	$38.8M
Capital Expenditures	$4.2M+22.1%	$3.4M-47.3%	$6.5M+237.7%	$1.9M-2.3%	$2.0M-38.4%	$3.2M
Free Cash Flow	$44.1M-25.7%	$59.3M+217.4%	$18.7M-51.9%	$38.8M+26.6%	$30.7M-13.8%	$35.6M
Investing Cash Flow	-$258.8M+17.0%	-$311.8M+24.0%	-$410.4M-214.5%	-$130.5M+61.7%	-$341.0M-126.2%	-$150.8M
Financing Cash Flow	$213.3M-19.8%	$266.1M+62.0%	$164.3M-24.3%	$216.9M-45.6%	$398.8M+241.6%	$116.7M
Dividends Paid	$10.1M+4.8%	$9.6M+13.0%	$8.5M+5.7%	$8.0M+12.9%	$7.1M-1.1%	$7.2M
Share Buybacks	$164K-89.9%	$1.6M-90.4%	$16.9M-24.3%	$22.3M+65.8%	$13.5M+244.2%	$3.9M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	$19.0M+71.2%	$11.1M+206.8%	$3.6M-83.9%	$22.4M+73.5%	$12.9M+5.8%	$12.2M+1521.4%	$752K-64.3%	$2.1M
Capital Expenditures	$30K-33.3%	$45K-72.0%	$161K-89.1%	$1.5M+36.5%	$1.1M+147.8%	$435K+253.7%	$123K-90.3%	$1.3M
Free Cash Flow	$2.4M+3.1%	$2.3M-32.9%	$3.5M-76.7%	$14.8M+1277.4%	$1.1M-84.7%	$7.0M+1017.5%	$629K-25.1%	$840K
Investing Cash Flow	$65.6M+219.6%	-$54.8M-158.3%	-$21.2M+70.3%	-$71.5M-210.1%	-$23.1M+82.3%	-$130.1M-280.6%	-$34.2M+64.0%	-$95.0M
Financing Cash Flow	-$95.7M-452.2%	$27.2M-39.5%	$44.9M+19.5%	$37.6M+29.4%	$29.1M-76.4%	$123.3M+428.8%	$23.3M-77.3%	$102.9M
Dividends Paid	$3.3M+24.5%	$2.6M+0.2%	$2.6M+4.5%	$2.5M0.0%	$2.5M+0.1%	$2.5M+0.2%	$2.5M0.0%	$2.5M
Share Buybacks	$7K	$0-100.0%	$167K	$0-100.0%	$12K	$0-100.0%	$152K+1420.0%	$10K

CIVB Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	165.7%+24.6pp	141.1%-19.6pp	160.7%-45.8pp	206.5%+16.5pp	190.0%-0.6pp	190.5%
Return on Equity	8.2%-3.4pp	11.6%-0.2pp	11.8%+0.4pp	11.4%+2.2pp	9.2%-1.1pp	10.3%
Return on Assets	0.8%-0.3pp	1.1%+0.0pp	1.1%-0.3pp	1.4%+0.2pp	1.2%-0.3pp	1.5%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	9.55+0.2	9.38-0.5	9.87+2.4	7.48+0.6	6.91+0.9	6.00
FCF Margin	230.4%+35.7pp	194.7%+118.6pp	76.1%-121.7pp	197.8%+16.7pp	181.1%-19.1pp	200.2%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q3'24	Q2'24	Q1'24	Q4'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	206.4%-9.2pp	215.7%+3.6pp	212.0%-188.8pp	400.8%+239.8pp	161.1%+39.1pp	122.0%+9.9pp	112.1%+2.9pp	109.3%
Return on Equity	2.6%-0.2pp	2.7%+0.2pp	2.6%+0.0pp	2.5%+0.4pp	2.1%+0.2pp	1.9%+0.2pp	1.7%-0.9pp	2.6%
Return on Assets	0.3%+0.1pp	0.3%0.0pp	0.3%+0.0pp	0.2%+0.0pp	0.2%+0.0pp	0.2%+0.0pp	0.2%-0.1pp	0.3%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	7.24-2.1	9.36-0.1	9.43-0.1	9.55+0.3	9.30-0.4	9.73+0.2	9.50+0.1	9.38
FCF Margin	20.4%+0.1pp	20.4%-51.6pp	72.0%+11.6pp	60.4%+33.5pp	26.9%-139.3pp	166.2%+155.1pp	11.1%+1.6pp	9.5%

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Frequently Asked Questions

What is Civista Bancshar's annual revenue?

Civista Bancshar (CIVB) reported $19.1M in total revenue for fiscal year 2024. This represents a -37.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Civista Bancshar's revenue growing?

Civista Bancshar (CIVB) revenue declined by 37.2% year-over-year, from $30.4M to $19.1M in fiscal year 2024.

Is Civista Bancshar profitable?

Yes, Civista Bancshar (CIVB) reported a net income of $31.7M in fiscal year 2024, with a net profit margin of 165.7%.

What is Civista Bancshar's earnings per share (EPS)?

Civista Bancshar (CIVB) reported diluted earnings per share of $2.01 for fiscal year 2024. This represents a -26.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Civista Bancshar's net profit margin?

Civista Bancshar (CIVB) had a net profit margin of 165.7% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Civista Bancshar's return on equity (ROE)?

Civista Bancshar (CIVB) has a return on equity of 8.2% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Civista Bancshar's free cash flow?

Civista Bancshar (CIVB) generated $44.1M in free cash flow during fiscal year 2024. This represents a -25.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Civista Bancshar's operating cash flow?

Civista Bancshar (CIVB) generated $48.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Civista Bancshar's total assets?

Civista Bancshar (CIVB) had $4.1B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Civista Bancshar's capital expenditures?

Civista Bancshar (CIVB) invested $4.2M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Does Civista Bancshar buy back shares?

Yes, Civista Bancshar (CIVB) spent $164K on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

What is Civista Bancshar's debt-to-equity ratio?

Civista Bancshar (CIVB) had a debt-to-equity ratio of 9.55 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Civista Bancshar's return on assets (ROA)?

Civista Bancshar (CIVB) had a return on assets of 0.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Civista Bancshar's Piotroski F-Score?

Civista Bancshar (CIVB) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Civista Bancshar's earnings high quality?

Civista Bancshar (CIVB) has an earnings quality ratio of 1.52x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Civista Bancshar?

Civista Bancshar (CIVB) scores 33 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.