CIVB Stock Summary and Trading Ideas (Civista Bancshares | NASDAQ:CIVB)

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 April 26, 2024, CIVB stock price declined to $14.85 with 14,893 million shares trading.

CIVB has a beta of 0.75, 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 $233.09 million. This is considered a Small Cap stock.

Last quarter Civista Bancshares reported $39 million in Revenue and $.62 earnings per share. This fell short of revenue expectation by $-635,000 and exceeded earnings estimates by $.05.

In the last 3 years, CIVB stock traded as high as $25.94 and as low as $13.99.

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 return of +6.8%, while the SPY ETF gained +27.4%. In the last 3 month period, CIVB fell short of the market, returning -16.6%, while SPY returned +4.6%. However, in the most recent 2 weeks CIVB has outperformed the stock market by returning +3.6%, while SPY returned -0.5%.

CIVB support price is $14.75 and resistance is $15.49 (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.