Civista Bancshar Stock Price, News & Analysis

Civista Bancshares, Inc. (NASDAQ:CIVB) has announced that it will release its first quarter 2023 financial results on April 28, 2023, before the market opens. Following the release, a conference call will take place at 1:00 p.m. Eastern Time, where analysts can engage in a question-and-answer session. Civista Bancshares, headquartered in Sandusky, Ohio, operates as a financial holding company with assets totaling $3.5 billion. It provides a range of banking services through its Civista Bank subsidiary, which has a presence in Ohio, Southeastern Indiana, and Northern Kentucky. The company outlines that its operations may include forward-looking statements regarding financial performance, growth, and strategies.

Civista Bancshares, Inc. (NASDAQ:CIVB) reported its financial results for Q4 and the full year 2022. Net income for Q4 was $12.1 million, or $0.77 per diluted share, showing an increase from $11.0 million, or $0.73 per share, in Q4 2021. However, full-year net income decreased to $39.4 million, or $2.60 per share, down from $40.5 million, or $2.63 per share, in 2021. The bank's net interest income surged by 39.6% in Q4 2022, driven by higher interest rates and loan growth, but total noninterest income fell by 7.6% for the year. Noninterest expense rose significantly, primarily due to acquisition-related costs. The efficiency ratio increased to 64.3% for 2022.

Civista Bancshares, Inc. (NASDAQ: CIVB) announced a quarterly dividend of 14 cents per common share, payable March 1, 2023, to shareholders of record on February 14, 2023. This dividend totals approximately $2.2 million and yields 2.55% based on the stock's closing price of $21.93 on February 1, 2023. Civista, a financial holding company with assets of $3.2 billion, operates 43 locations across Ohio, Southeastern Indiana, and Northern Kentucky, providing a range of banking services.

Civista Bancshares, Inc. announced a quarterly dividend of 14 cents per common share, to shareholders of record on February 14, 2023. This dividend, payable on March 1, 2023, totals approximately $2.2 million. Based on the stock price of $21.93 as of February 1, 2023, this results in an annualized yield of 2.55%. Civista Bancshares, a $3.2 billion financial holding company, operates through Civista Bank, which has 43 locations across Ohio, Southeastern Indiana, and Northern Kentucky. The company is committed to delivering returns to its shareholders through regular dividends.

Civista Bancshares, Inc. (NASDAQ:CIVB) will release its fourth quarter 2022 financial results on February 7, 2023, before the market opens. A conference call will occur at 1:00 p.m. ET on the same day for discussion and Q&A with analysts. Civista, a $3.2 billion financial services holding company based in Sandusky, Ohio, operates 43 bank locations in Ohio, Southeastern Indiana, and Northern Kentucky, offering a variety of financial services, including commercial lending and wealth management.

Civista Bancshares, Inc. (NASDAQ:CIVB) announced a quarterly dividend of 14 cents per common share, totaling approximately $2.2 million. Shareholders of record as of November 8, 2022 will receive this payment on November 22, 2022. With a closing stock price of $22.01 on October 26, 2022, this dividend yields an annualized rate of 2.54%. Civista, a $3.2 billion financial holding company, operates 43 locations across Ohio, Indiana, and Kentucky.

Civista Bancshares, Inc. (CIVB) reported a third-quarter net income of $11.1 million ($0.72 per diluted share), up from $9.6 million ($0.64 per diluted share) in Q3 2021. For the nine months ended September 30, net income was $27.3 million ($1.82 per diluted share), down from $29.6 million ($1.90 per diluted share) in the same period last year. Notably, net interest income surged 25.4% from the previous quarter, attributed to rising interest rates and earnings from the Henry County Bank acquisition. The company declared a $0.14 dividend, yielding 2.70%.

Civista Bancshares, Inc. (NASDAQ:CIVB) announced that it will release its third quarter 2022 financial results on October 27, 2022, before market open. A conference call will follow at 1:00 p.m. ET on the same day to discuss the results, with analysts invited to participate in the Q&A session. Civista, a $3.5 billion financial holding company based in Sandusky, Ohio, operates 43 banking locations across Ohio, Indiana, and Kentucky. For more details, visit www.civb.com.