Civista Bancshares (CIVB)

• Market cap: $336M
• 1 day: 2.70%
• 5 days: -4.65%
• 1 month: -4.61%
• 3 months: 19.90%
• 6 months: 53.45%
• Year to date: 16.05%
• 1 year: 16.43%
• 5 years: -10.11%
• 10 years: 105.49%
• Sector: Financials
• Industry: State Commercial Banks

About: Civista Bancshares Inc is a financial holding company. Operating through its subsidiary, it engages in the business of community banking. Its business activity involves collecting customer deposits, making loans, purchasing securities, and offering trust services to its clients. The company's loan portfolio includes commercial and agriculture, commercial real estate-owner occupied, commercial real estate non-owner occupied, residential real estate, real estate construction, and consumer loans. Majority of its revenues are derived from the interest and fees gained on loans.

Employees: 526

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

129% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 7

13% more capital invested

Capital invested by funds: $128M [Q2] → $145M (+$16.4M) [Q3]

10% more funds holding

Funds holding: 92 [Q2] → 101 (+9) [Q3]

6% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 33

1.07% less ownership

Funds ownership: 52.65% [Q2] → 51.58% (-1.07%) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $21 2% downside
• Avg. target: $23 8% upside
• High target: $25 17% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Keefe, Bruyette & Woods Timothy Switzer 89% 1-year accuracy 17 / 19 met price target	17% upside $25	Outperform Maintained	4 Dec 2024
Stephens & Co. Terry McEvoy 91% 1-year accuracy 21 / 23 met price target	2% downside $21	Equal-Weight Maintained	30 Oct 2024