10-May-2024
Civista Bancshares Executives to Meet Investors at Conference
TipRanks (Wed, 8-May 8:42 AM ET)
Civista Bancshares Names Ian Whinnem Chief Financial Officer
PRNewswire (Tue, 30-Apr 9:00 AM ET)
Civista Bancshares, Inc. Announces First Quarter 2024 Financial Results
PRNewswire (Tue, 30-Apr 8:30 AM ET)
Civista Bancshares, Inc. Declares Second Quarter Common Dividend
PRNewswire (Fri, 26-Apr 4:05 PM ET)
Civista Bancshares, Inc. Announces Share Repurchase Program
PRNewswire (Thu, 18-Apr 4:05 PM ET)
Civista Bancshares, Inc. Announces First Quarter 2024 Earnings Release Date
PRNewswire (Mon, 8-Apr 4:05 PM ET)
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.
Civista Bancshares trades on the NASDAQ stock market under the symbol CIVB.
As of May 10, 2024, CIVB stock price climbed to $14.83 with 40,992 million shares trading.
CIVB has a beta of 0.78, meaning it tends to be less sensitive to market movements. CIVB has a correlation of 0.11 to the broad based SPY ETF.
CIVB has a market cap of $232.77 million. This is considered a Small Cap stock.
Last quarter Civista Bancshares reported $37 million in Revenue and $.41 earnings per share. This fell short of revenue expectation by $-1 million and missed earnings estimates by -$.05.
In the last 3 years, CIVB stock traded as high as $25.94 and as low as $13.71.
The top ETF exchange traded funds that CIVB belongs to (by Net Assets): VTI, IWM, VXF, IWN, DFAT.
CIVB has underperformed the market in the last year with a price return of +1.8% while the SPY ETF gained +27.8%. CIVB has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -4.2% and +0.9%, respectively, while the SPY returned +4.2% and +2.5%, respectively.
CIVB support price is $14.43 and resistance is $15.19 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CIVB stock will trade within this expected range on the day.