Civista Bancshares’ (CIVB) Buy Rating Reiterated at DA Davidson

Civista Bancshares (NASDAQ:CIVB)‘s stock had its “buy” rating reiterated by equities researchers at DA Davidson in a research note issued to investors on Friday,Benzinga reports. They presently have a $28.00 target price on the bank’s stock. DA Davidson’s target price indicates a potential upside of 16.74% from the company’s current price.

CIVB has been the topic of several other reports. Hovde Group increased their price objective on Civista Bancshares from $23.00 to $26.00 and gave the company a “market perform” rating in a research report on Friday. Zacks Research lowered shares of Civista Bancshares from a “hold” rating to a “strong sell” rating in a research note on Friday, January 23rd. Keefe, Bruyette & Woods raised their target price on shares of Civista Bancshares from $27.00 to $28.00 and gave the company an “outperform” rating in a research note on Friday. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Civista Bancshares in a report on Monday, December 29th. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Civista Bancshares has a consensus rating of “Hold” and a consensus price target of $26.00.

Civista Bancshares Price Performance

Shares of NASDAQ CIVB traded down $0.65 during midday trading on Friday, reaching $23.99. The company’s stock had a trading volume of 67,401 shares, compared to its average volume of 96,206. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.96 and a current ratio of 0.96. Civista Bancshares has a fifty-two week low of $17.47 and a fifty-two week high of $25.59. The company has a market cap of $463.22 million, a P/E ratio of 8.95 and a beta of 0.70. The business’s 50 day moving average price is $23.03 and its two-hundred day moving average price is $21.60.

Civista Bancshares (NASDAQ:CIVB) last announced its earnings results on Thursday, January 29th. The bank reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.14. The business had revenue of $46.34 million during the quarter, compared to analyst estimates of $45.43 million. Civista Bancshares had a return on equity of 10.20% and a net margin of 17.42%. On average, analysts forecast that Civista Bancshares will post 2.28 EPS for the current fiscal year.

Institutional Trading of Civista Bancshares

Hedge funds have recently made changes to their positions in the stock. CWM LLC boosted its holdings in Civista Bancshares by 12.1% in the 4th quarter. CWM LLC now owns 8,249 shares of the bank’s stock valued at $183,000 after purchasing an additional 893 shares during the period. Penn Capital Management Company LLC increased its holdings in shares of Civista Bancshares by 41.0% in the third quarter. Penn Capital Management Company LLC now owns 18,871 shares of the bank’s stock valued at $383,000 after purchasing an additional 5,491 shares during the last quarter. Qube Research & Technologies Ltd grew its position in shares of Civista Bancshares by 120.3% during the 3rd quarter. Qube Research & Technologies Ltd now owns 68,667 shares of the bank’s stock worth $1,395,000 after purchasing an additional 37,502 shares in the last quarter. North Reef Capital Management LP bought a new position in shares of Civista Bancshares in the 3rd quarter valued at $605,000. Finally, Maltese Capital Management LLC raised its stake in shares of Civista Bancshares by 93.2% during the third quarter. Maltese Capital Management LLC now owns 284,000 shares of the bank’s stock valued at $5,768,000 after acquiring an additional 137,000 shares during the last quarter. Institutional investors own 52.10% of the company’s stock.

Key Headlines Impacting Civista Bancshares

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

• Positive Sentiment: Analyst price-target increase: Keefe, Bruyette & Woods raised its target to $28 and keeps an “outperform” rating, implying meaningful upside vs. the current price. Keefe Bruyette & Woods raises price target
• Positive Sentiment: Another upgrade: Hovde Group raised its target to $26 and moved to “market perform,” providing additional analyst support for the stock (about mid‑single-digit upside to the current price).
• Positive Sentiment: Dividend increase: Civista declared a quarterly dividend of $0.18 (up from $0.17), a ~5.9% raise and roughly a 2.9% yield — supportive for income-seeking shareholders.
• Positive Sentiment: Acquisition closed: The company completed the Farmers Savings Bank acquisition, adding ~$268M of assets, ~$106M of loans and ~$236M of deposits — boosts scale and deposit funding. PR Newswire: Acquisition and financial results
• Positive Sentiment: Outlook commentary: Management signaled mid-single-digit loan growth and an expanding net interest margin in 2026 as they integrate Farmers Savings Bank — a constructive revenue/earnings driver. Seeking Alpha: 2026 guidance
• Neutral Sentiment: Street view: Brokerages’ consensus remains roughly a “Hold” on average, indicating mixed analyst conviction despite the recent target increases. American Banking News: Consensus rating
• Neutral Sentiment: Short-interest data appears unchanged/insignificant in the latest report, so short-covering/short pressure is not a material driver currently.
• Negative Sentiment: Mixed/ambiguous earnings messaging: media reports vary on Q4 EPS (some outlets report a beat; other transcripts/PR filings show EPS around $0.61 or $0.608 vs. certain street estimates). That discrepancy between reported, adjusted and transcript figures has created investor uncertainty and likely pressured the stock. Earnings call transcript (InsiderMonkey) PR Newswire: Q4 results

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.