CIVISTA BANCSHARES, INC. DECLARES SECOND QUARTER COMMON DIVIDEND

Rhea-AI Summary

Civista Bancshares (NASDAQ: CIVB) has announced its second quarter dividend declaration of 17 cents per common share, maintaining the same level as the previous quarter. The dividend will be payable on May 13, 2025, to shareholders of record as of April 29, 2025, representing a total payout of approximately $2.7 million.

Based on Civista's closing stock price of $19.54 on March 31, 2025, this quarterly dividend yields an annualized return of 3.38%. The company, headquartered in Sandusky, Ohio, operates as a $4.1 billion financial holding company with 42 locations across Ohio, Southeastern Indiana, and Northern Kentucky through its primary subsidiary, Civista Bank, which was established in 1884.

Positive

• Maintained stable quarterly dividend of 17 cents per share
• Attractive annualized dividend yield of 3.38%
• Substantial quarterly dividend payout of $2.7 million
• Strong regional presence with 42 locations across three states

Negative

• No dividend increase compared to previous quarter

SANDUSKY, Ohio, April 16, 2025 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ: CIVB) ("Civista") announced today that the Board of Directors has approved a quarterly dividend of 17 cents per common share, equivalent from the prior quarter, to shareholders of record date April 29, 2025, payable May 13, 2025. 

This dividend represents a payout of approximately $2.7 million.  Based on the Civista's closing stock price of common shares of $19.54 on March 31, 2025, the quarterly dividend produces an annualized yield of 3.38%.

About Civista Bancshares, Inc.:
Civista Bancshares, Inc., is a $4.1 billion financial holding company headquartered in Sandusky, Ohio.  Its primary subsidiary, Civista Bank, was founded in 1884 and provides full-service banking, commercial lending, mortgage, and wealth management services.  Today, Civista Bank operates 42 locations across Ohio, Southeastern Indiana and Northern Kentucky.  Civista Leasing & Finance, a division of Civista Bank, offers commercial equipment leasing services for businesses nationwide.  Civista Bancshares' common shares are traded on the NASDAQ Capital Market under the symbol "CIVB".  Learn more at www.civb.com. 

This press release may contain forward-looking statements regarding the financial performance, business prospects, growth and operating strategies of Civista.  For these statements, Civista claims the protections of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.  Statements in this press release should be considered in conjunction with the other information available about Civista, including the information in the filings we make with the Securities and Exchange Commission.

 

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SOURCE Civista Bancshares, Inc.

FAQ

What is the dividend amount and yield for Civista Bancshares (CIVB) in Q2 2025?

Civista Bancshares declared a Q2 2025 dividend of 17 cents per common share, representing an annualized yield of 3.38% based on the March 31, 2025 closing price of $19.54.

When will CIVB's Q2 2025 dividend be paid to shareholders?

CIVB's Q2 2025 dividend will be paid on May 13, 2025, to shareholders of record as of April 29, 2025.

How much is Civista Bancshares' total dividend payout for Q2 2025?

Civista Bancshares' Q2 2025 dividend represents a total payout of approximately $2.7 million.

What is the current size and geographical presence of Civista Bancshares?

Civista Bancshares is a $4.1 billion financial holding company with 42 locations across Ohio, Southeastern Indiana, and Northern Kentucky.