Keefe, Bruyette & Woods Issues Positive Forecast for Civista Bancshares (NASDAQ:CIVB) Stock Price

Civista Bancshares (NASDAQ:CIVB) had its price target raised by Keefe, Bruyette & Woods from $27.00 to $28.00 in a report issued on Friday,Benzinga reports. They currently have an outperform rating on the bank’s stock.

CIVB has been the topic of several other reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Civista Bancshares in a research note on Monday, December 29th. DA Davidson reaffirmed a “buy” rating and issued a $26.00 price target on shares of Civista Bancshares in a report on Friday, November 21st. Hovde Group raised their price objective on Civista Bancshares from $23.00 to $26.00 and gave the company a “market perform” rating in a report on Friday. Finally, Zacks Research downgraded Civista Bancshares from a “hold” rating to a “strong sell” rating in a research note on Friday, January 23rd. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $26.00.

Civista Bancshares Price Performance

Shares of NASDAQ CIVB opened at $24.13 on Friday. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.96 and a quick ratio of 0.96. The stock has a market capitalization of $465.95 million, a price-to-earnings ratio of 9.07 and a beta of 0.70. The firm’s 50 day simple moving average is $23.07 and its 200-day simple moving average is $21.61. Civista Bancshares has a 12 month low of $17.47 and a 12 month high of $25.59.

Civista Bancshares (NASDAQ:CIVB) last announced its quarterly earnings results on Thursday, January 29th. The bank reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.14. The firm had revenue of $46.34 million for the quarter, compared to the consensus estimate of $45.43 million. Civista Bancshares had a net margin of 18.12% and a return on equity of 11.14%. Analysts expect that Civista Bancshares will post 2.28 EPS for the current year.

Civista Bancshares Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 24th. Investors of record on Tuesday, February 10th will be given a dividend of $0.18 per share. The ex-dividend date is Tuesday, February 10th. This is a positive change from Civista Bancshares’s previous quarterly dividend of $0.17. This represents a $0.72 annualized dividend and a dividend yield of 3.0%. Civista Bancshares’s dividend payout ratio (DPR) is presently 25.37%.

Institutional Investors Weigh In On Civista Bancshares

Several institutional investors and hedge funds have recently added to or reduced their stakes in CIVB. CWM LLC grew its holdings in shares of Civista Bancshares by 12.1% during the fourth quarter. CWM LLC now owns 8,249 shares of the bank’s stock worth $183,000 after buying an additional 893 shares in the last quarter. Penn Capital Management Company LLC boosted its position in Civista Bancshares by 41.0% during the third quarter. Penn Capital Management Company LLC now owns 18,871 shares of the bank’s stock worth $383,000 after acquiring an additional 5,491 shares during the last quarter. Qube Research & Technologies Ltd grew its stake in Civista Bancshares by 120.3% during the 3rd quarter. Qube Research & Technologies Ltd now owns 68,667 shares of the bank’s stock valued at $1,395,000 after acquiring an additional 37,502 shares in the last quarter. North Reef Capital Management LP acquired a new stake in Civista Bancshares in the 3rd quarter valued at about $605,000. Finally, Maltese Capital Management LLC lifted its stake in Civista Bancshares by 93.2% in the 3rd quarter. Maltese Capital Management LLC now owns 284,000 shares of the bank’s stock worth $5,768,000 after purchasing an additional 137,000 shares in the last quarter. Institutional investors and hedge funds own 52.10% of the company’s stock.

Civista Bancshares News Summary

Here are the key news stories impacting Civista Bancshares this week:

• Positive Sentiment: Multiple firms raised ratings/targets — DA Davidson reaffirmed a “buy” with a $28 price target and Keefe, Bruyette & Woods raised its target to $28 with an “outperform” rating; Hovde raised its target to $26. These upgrades put upside on the table and support buying interest. Analyst Upgrades
• Positive Sentiment: Reported quarter showed solid top-line and EPS beats in some releases — several outlets reported revenue beating estimates and an EPS print above consensus (coverage noting $0.75 per share vs. $0.61 expected), which supports valuation given a sub-10x P/E. Q4 Results and Transcript
• Positive Sentiment: Strategic growth drivers: management signaled mid-single-digit loan growth and an expanding net interest margin for 2026, and the company closed the acquisition of Farmers Savings Bank (added ~ $268M assets, $236M deposits), which should support future revenue and deposit mix. Growth & Acquisition
• Neutral Sentiment: Brokerage consensus remains mixed/centered around “hold” — aggregated brokerage coverage shows an average “Hold,” reflecting differing views despite recent upgrades. Brokerage Consensus
• Neutral Sentiment: Earnings call material and press releases provide detail but not a clear, unified headline — some outlets summarize results as a beat while the company press release framed EPS differently, creating interpretive ambiguity for investors. Earnings Highlights
• Negative Sentiment: Conflicting/nuanced earnings takeaways: an earnings-call transcript itemized a slight shortfall (reported $0.608 vs a $0.61 expectation in one read), and mixed messaging across outlets can prompt profit-taking or caution, contributing to downward pressure. Earnings Call Transcript

Civista Bancshares Company Profile

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.