Core Insights - The article emphasizes the importance of value investing as a preferred strategy for identifying strong stocks in various market conditions [2] - Civista Bancshares (CIVB) is highlighted as a strong value stock, currently holding a Zacks Rank of 2 (Buy) and a Value grade of A [4][8] Valuation Metrics - CIVB has a P/E ratio of 10.21, significantly lower than the industry average of 12.48, indicating potential undervaluation [4] - The P/B ratio for CIVB is 0.85, compared to the industry's average P/B of 2.19, suggesting that CIVB is trading at a discount relative to its book value [5] - CIVB's P/S ratio stands at 1.38, while the industry average is 2.06, further supporting the notion of undervaluation [6] - The P/CF ratio for CIVB is 7.64, which is much lower than the industry's average of 17.48, indicating a solid cash flow outlook [7] Investment Outlook - The combination of strong valuation metrics and a positive earnings outlook positions Civista Bancshares as one of the market's strongest value stocks [8]

SANDUSKY, Ohio, Jan. 22, 2025 /PRNewswire/ -- Civista Bancshares, Inc. ("Civista") (NASDAQ: CIVB) announced on Tuesday, January 21st, 2025, that Charles A. Parcher will assume the role of Executive Vice President & Chief Lending Officer of Civista Bancshares, Inc. and President & Chief Lending Officer of Civista Bank. Charles A. Parcher Dennis G. Shaffer will continue to serve as CEO & President of Civista Bancshares, Inc. and CEO of Civista Bank. This leadership transition reflects the organization's ...

SANDUSKY, Ohio, Jan. 22, 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, an increase of 1 cent per common share from the prior quarter, to shareholders of record February 4, 2025, payable February 18, 2025. This dividend represents a payout of approximately $2.7 million. Based on the Civista's closing stock price of common shares of $21.30 on January 21, 2025, the quarterly div ...

SANDUSKY, Ohio, Jan. 6, 2025 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced today that it will issue its fourth quarter 2024 financial results prior to market open on Thursday, January 30, 2025.Civista Bancshares, Inc. will also host a conference call and webcast at 1:00 p.m. Eastern Time on Thursday, January 30, 2025, to discuss its financial results.  Analysts may participate in the question-and-answer session.Conference Call, Replay and Webcast Information:Date:  Thursday, J ...

Earnings of Civista Bancshares, Inc. (NASDAQ: CIVB ) will likely rebound next year on the back of interest rate cuts that will boost the margin. Further, moderate loan growth will support the bottom line. Overall, I’m expecting the company to report earnings of $1.91 per shareAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended - September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |----------------------------------------------------------------------------------------------|------------------------------------------| | | | | For the transition period from | ...

Civista Bancshares, Inc. (NASDAQ:CIVB) Q3 2024 Earnings Conference Call October 29, 2024 1:00 PM ET Company Participants Dennis Shaffer - President & Chief Executive Officer Richard Dutton - Senior Vice President & Chief Operating Officer Chuck Parcher - Senior Vice President & Chief Lending Officer Ian Whinnem - Senior Vice President & Chief Financial Officer Mike Mulford - Chief Credit Officer. Conference Call Participants Justin Crowley - Piper Sandler Brendan Nosal - Hovde Group Terry McEvoy - Stephens ...

Civista Bancshares (CIVB) reported $38.92 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 1.8%. EPS of $0.53 for the same period compares to $0.66 a year ago. The reported revenue represents a surprise of +3.52% over the Zacks Consensus Estimate of $37.6 million. With the consensus EPS estimate being $0.44, the EPS surprise was +20.45%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...

Civista Bancshares (CIVB) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20.45%. A quarter ago, it was expected that this bank holding company would post earnings of $0.40 per share when it actually produced earnings of $0.45, delivering a surprise of 12.50%.Over the last four quarte ...

EXHIBIT 99.1 Civista Bancshares, Inc. Announces Third Quarter 2024 Financial Results of $0.53 per Common Share Sandusky, Ohio, October 29, 2024 /PRNewswire/– Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced its unaudited financial results for the three- and nine-month periods ending September 30, 2024. Third quarter and year-to-date 2024 highlights: • Net income of $8.4 million, or $0.53 per diluted share, for the third quarter of 2024, compared to $10.4 million, or $0.66 per diluted share, for ...