Civista Bancshar Stock Price, News & Analysis

Civista Bancshares (NASDAQ:CIVB) reported Q3 2025 net income $12.8M and diluted EPS $0.68, up 53% and 28% year‑over‑year respectively. The company completed an underwritten offering of 3,788,238 shares for ~$80.5M and received regulatory approval for a merger with The Farmers Savings Bank expected to close in November 2025.

Key operating metrics: net interest margin 3.58%, net interest income $34.5M, efficiency ratio 61.4%, assets $4.1B, ROA 1.22% and ROE 10.70%.

Civista Bancshares (NASDAQ:CIVB) declared a quarterly common dividend of $0.17 per share, unchanged from the prior quarter. The dividend has a record date of November 4, 2025 and a payment date of November 18, 2025. The payout represents approximately $3.3 million. Based on Civista's closing share price of $20.31 on September 30, 2025, the quarterly dividend annualizes to a 3.35% yield. Civista Bancshares is a $4.2 billion financial holding company operating 42 locations across Ohio, southeastern Indiana and northern Kentucky.

Civista Bancshares (NASDAQ: CIVB) and The Farmers Savings Bank announced they have received all required bank regulatory approvals for the proposed merger of Farmers into Civista Bank, subject to customary conditions and the federal waiting period.

Farmers shareholders will vote on the merger on November 4, 2025; the parties intend to close in November 2025 pending shareholder approval and closing conditions. The system conversion is expected in Q1 2026. Civista is described as a $4.2 billion holding company operating 42 locations; Farmers is described as a $285 million bank with two locations. A Registration Statement on Form S-4 and a definitive proxy/prospectus have been filed and mailed to Farmers shareholders.

Civista Bancshares (NASDAQ: CIVB), a $4.2 billion financial holding company, has scheduled its third quarter 2025 earnings release for October 23, 2025, before market open. The company will host a conference call and webcast at 1:00 p.m. Eastern Time on the same day to discuss the results.

Headquartered in Sandusky, Ohio, Civista operates through its primary subsidiary, Civista Bank, which was established in 1884. The bank currently maintains 42 locations across Ohio, Southeastern Indiana, and Northern Kentucky, offering full-service banking, commercial lending, mortgage, and wealth management services. Additionally, the company provides commercial equipment leasing services nationwide through its Civista Leasing and Finance Division based in Pittsburgh, Pennsylvania.

Civista Bancshares (NASDAQ: CIVB) has promoted Robert L. Katitus to Senior Vice President and Chief Lending Officer. Katitus, who brings over 25 years of banking and commercial lending experience, will join Civista's Executive Leadership Team and report to Charles A. Parcher, President of Civista Bank.

Since joining Civista in 2010, Katitus has served as Senior Vice President, Regional Market Executive for Northeast Ohio and recently oversaw commercial banking in Northwest Ohio. The promotion follows Civista's 2022 acquisition of The Henry County Bank. Civista Bancshares, a $4.2 billion financial holding company, operates 42 locations across Ohio, Southeastern Indiana, and Northern Kentucky through its subsidiary Civista Bank.

Civista Bancshares (NASDAQ: CIVB) reported strong Q2 2025 financial results with net income of $11.0 million, or $0.71 per diluted share, marking a 56% increase from Q2 2024. The bank's performance showed significant improvements with net interest margin rising to 3.64% and net interest income increasing by 25.5% to $34.8 million year-over-year.

Key highlights include an efficiency ratio improvement to 64.5% from 72.6% year-over-year, and a return on equity of 11.02%. The bank maintained strong credit quality with an allowance for credit losses to loans ratio of 1.28%. Total assets reached $4.2 billion, with loan balances increasing by $47.1 million quarter-over-quarter.

Additionally, Civista announced a strategic merger agreement with The Farmers Savings Bank on July 10, 2025, and successfully completed an $80.5 million capital raise, positioning the bank for future growth in Northeast Ohio.

Civista Bancshares (NASDAQ:CIVB) has declared a quarterly dividend of 17 cents per common share for Q3 2025, maintaining the same level as the previous quarter. The dividend will be payable on August 19, 2025, to shareholders of record as of August 5, 2025.

The dividend represents a total payout of approximately $3.3 million and yields 2.89% annually based on the June 30, 2025 closing price of $23.20. Civista Bancshares, a $4.1 billion financial holding company, operates 42 locations across Ohio, Southeastern Indiana, and Northern Kentucky through its subsidiary Civista Bank.

Civista Bancshares (NASDAQ: CIVB) announced the successful completion of its overallotment option, resulting in the sale of an additional 494,118 common shares at $21.25 per share. The company expects to receive approximately $9.9 million in proceeds after deducting underwriting discounts but before other expenses.

The offering was led by Piper Sandler & Co. as the sole book-running manager, with several co-managers including D.A. Davidson & Co., Hovde Group, LLC, Janney Montgomery Scott LLC, Keefe, Bruyette & Woods, and Stephens Inc.

Civista Bancshares (NASDAQ: CIVB) has announced the pricing of its underwritten public offering of 3,294,120 common shares at $21.25 per share, totaling an aggregate offering amount of $70.0 million. The company has also granted underwriters a 30-day option to purchase up to 494,118 additional shares, which could increase the total gross proceeds to approximately $80.5 million.

The offering, expected to close on July 14, 2025, will be managed by Piper Sandler & Co. as the sole book-running manager, with several co-managers. Civista plans to use the net proceeds for general corporate purposes, including supporting organic growth opportunities and potential future strategic transactions.