Civista Bancshares Inc (NASDAQ:CIVB) declared a quarterly dividend on Friday, October 11th, Zacks reports. Stockholders of record on Tuesday, October 22nd will be paid a dividend of 0.11 per share by the bank on Friday, November 1st. This represents a $0.44 annualized dividend and a dividend yield of 1.93%. The ex-dividend date of this dividend is Monday, October 21st.
NASDAQ CIVB traded up $0.09 during trading hours on Friday, reaching $22.76. The company’s stock had a trading volume of 14,200 shares, compared to its average volume of 36,217. The stock has a market cap of $354.32 million, a PE ratio of 12.30 and a beta of 0.84. Civista Bancshares has a 52 week low of $15.55 and a 52 week high of $23.19. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.65. The business has a 50-day simple moving average of $21.85 and a 200 day simple moving average of $21.72.
Civista Bancshares (NASDAQ:CIVB) last released its quarterly earnings results on Friday, October 25th. The bank reported $0.46 EPS for the quarter, missing the Zacks’ consensus estimate of $0.47 by ($0.01). The firm had revenue of $25.85 million during the quarter, compared to analyst estimates of $26.12 million. Civista Bancshares had a net margin of 28.27% and a return on equity of 11.28%. As a group, equities analysts predict that Civista Bancshares will post 2 EPS for the current year.
A number of brokerages have recently issued reports on CIVB. Boenning Scattergood reiterated a “hold” rating on shares of Civista Bancshares in a research report on Friday, July 26th. Zacks Investment Research upgraded shares of Civista Bancshares from a “sell” rating to a “hold” rating in a report on Friday. DA Davidson upgraded shares of Civista Bancshares from a “neutral” rating to a “buy” rating in a report on Friday, August 9th. ValuEngine lowered shares of Civista Bancshares from a “hold” rating to a “sell” rating in a report on Monday, November 4th. Finally, BidaskClub upgraded shares of Civista Bancshares from a “hold” rating to a “buy” rating in a report on Tuesday, November 5th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $25.00.
Civista Bancshares Company Profile
Civista Bancshares, Inc operates as the financial holding company for Civista Bank that engages in the community banking business in Ohio. The company accepts noninterest-bearing and interest-bearing demand deposits, and certificates of deposit. It offers commercial, commercial and residential real estate mortgage, real estate construction, and consumer loans.
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