Earnings summaries and quarterly performance for CIVISTA BANCSHARES.
Executive leadership at CIVISTA BANCSHARES.
Dennis G. Shaffer
Detailed
President and Chief Executive Officer
CEO
CA
Carl A. Kessler, III
Detailed
Senior Vice President
CA
Charles A. Parcher
Detailed
Executive Vice President
DM
Donna M. Waltz-Jaskolski
Detailed
Senior Vice President, Customer Experience Officer
IW
Ian Whinnem
Detailed
Senior Vice President, Chief Financial Officer and Treasurer
LA
Lance A. Morrison
Detailed
Senior Vice President, Secretary and General Counsel
MM
Michael Mulford
Detailed
Senior Vice President, Chief Credit Officer
RJ
Richard J. Dutton
Detailed
Senior Vice President
RL
Robert L. Curry, Jr.
Detailed
Senior Vice President
RL
Robert L. Katitus
Detailed
Executive Vice President & Chief Lending Officer
RJ
Russel J. Edwards, Jr.
Detailed
Senior Vice President, Retail Banking
Board of directors at CIVISTA BANCSHARES.
CA
Clyde A. Perfect, Jr.
Detailed
Director
DC
Darci Congrove
Detailed
Director
DE
Dennis E. Murray, Jr.
Detailed
Chairperson of the Board
GB
Gerald B. Wurm
Detailed
Director
HS
Harry Singer
Detailed
Director
JA
Julie A. Mattlin
Detailed
Director
LW
Lorina W. Wise
Detailed
Director
MM
Mark Macioce
Detailed
Director
MP
Mary Patricia Oliver
Detailed
Director
NE
Nathan E. Weaks
Detailed
Director
Research analysts who have asked questions during CIVISTA BANCSHARES earnings calls.
Brendan Nosal
Hovde Group, LLC
6 questions for CIVB
Also covers: ALRS, BWB, BY +11 more
Justin Crowley
Piper Sandler Companies
5 questions for CIVB
Also covers: BLFY, EGBN, STBA
MN
Manuel Navas
D.A. Davidson & Co.
4 questions for CIVB
Also covers: ABCB, BFST, BPOP +20 more
TS
Tim Switzer
Keefe, Bruyette & Woods (KBW)
4 questions for CIVB
Also covers: CASH, CNOB, INBK +12 more
TM
Terence McEvoy
Stephens Inc.
3 questions for CIVB
Also covers: ASB, BY, CMA +10 more
Jeff Rulis
D.A. Davidson & Co.
2 questions for CIVB
Also covers: ALRS, BANR, BMRC +17 more
RP
Ryan Payne
D.A. Davidson & Co.
2 questions for CIVB
Also covers: EQBK, NBHC, QCRH
TM
Terry McEvoy
Stephens Inc.
2 questions for CIVB
Also covers: ASB, BY, EQBK +9 more
Terry McEvoy
Stephens
2 questions for CIVB
Also covers: ASB, BY, CBC +4 more
Timothy Switzer
KBW
2 questions for CIVB
Also covers: CASH, CNOB, GDOT +14 more
DC
Daniel Cardenas
Janney Montgomery Scott LLC
1 question for CIVB
Also covers: CAC, FCF, NBTB +4 more
EL
Emily Lee
Keefe, Bruyette & Woods, Inc.
1 question for CIVB
Also covers: INBK, TBBK
Terence James McEvoy
Stephens
1 question for CIVB
Timothy Jeffrey Switzer
Keefe, Bruyette & Woods
1 question for CIVB
Also covers: LC
Recent press releases and 8-K filings for CIVB.
Civista Bancshares Reports Strong Q4 and Full-Year 2025 Earnings, Driven by Acquisition and Margin Expansion
CIVB
Earnings
M&A
Dividends
- Civista Bancshares reported strong financial results for Q4 2025, with net income of $12.3 million and $0.61 per diluted share, representing a 24% increase over Q4 2024. Full-year 2025 net income was $46.2 million, or $2.64 per diluted share, up 46% from 2024.
- The acquisition of Farmers Savings Bank contributed $106 million in loans and $236 million in low-cost deposits to the balance sheet, despite a $0.14 per common share negative impact on Q4 2025 net income from non-recurring expenses.
- The company expanded its net interest margin by 11 basis points to 3.69% in Q4 2025 and improved its efficiency ratio to 57.7%.
- Excluding acquired loans, organic loan growth was $68.7 million in Q4 2025, an 8.7% annualized rate, with mid-single-digit loan growth anticipated for 2026.
- Civista increased its quarterly dividend to $0.18 per share and ended 2025 with a strong tangible common equity ratio of 9.54% and a Tier 1 leverage ratio of 11.32%.
Jan 29, 2026, 6:00 PM
Civista Bancshares Reports Strong Q4 and Full-Year 2025 Results, Announces Dividend Increase
CIVB
Earnings
M&A
Dividends
- Civista Bancshares reported net income of $12.3 million, or $0.61 per diluted share, for Q4 2025, representing a 24% increase over Q4 2024, despite $0.14 per common share in non-recurring expenses related to the Farmers Savings Bank acquisition.
- For the full year 2025, net income reached $46.2 million, or $2.64 per diluted share, a significant increase from $31.7 million, or $2.01 per diluted share, in 2024.
- The company's Net Interest Margin (NIM) expanded by 11 basis points to 3.69% in Q4 2025, driven by a 19 basis point decline in funding costs. Management anticipates further NIM expansion of 2-3 basis points in Q1 2026 and 3-4 basis points in Q2 2026 and beyond.
- Civista completed the acquisition of Farmers Savings Bank, adding $106 million in loans and $236 million in low-cost deposits. Organic loan growth (excluding acquired loans) was $68.7 million in Q4 2025, an annualized rate of 8.7%, and the company expects mid-single-digit loan growth in 2026.
- Capital ratios showed significant improvement, with the tangible common equity ratio increasing to 9.54% at December 31, 2025, from 6.43% a year prior, and the CRE to risk-based capital ratio reduced to 275% from 366%. The quarterly dividend was also increased to $0.18 per share.
Jan 29, 2026, 6:00 PM
Civista Bancshares Reports Q4 and Full-Year 2025 Financial Results
CIVB
Earnings
M&A
Dividends
- Civista Bancshares reported net income of $12.3 million, or $0.61 per diluted share, for the fourth quarter of 2025, and $46.2 million, or $2.64 per diluted share, for the full year 2025.
- The company completed its acquisition of Farmers Savings Bank in the fourth quarter of 2025, adding $106 million in loans and $236 million in low-cost deposits, though this resulted in $3.4 million in pre-tax non-recurring expenses.
- The net interest margin expanded by 11 basis points to 3.69% in Q4 2025, and the company anticipates mid-single-digit loan growth in 2026.
- Capital ratios showed significant improvement, with the tangible common equity ratio increasing to 9.54% and the CRE to risk-based capital ratio reducing to 275% by year-end 2025.
- The quarterly dividend was increased to $0.18 per share, reflecting management's confidence in continued strong earnings.
Jan 29, 2026, 6:00 PM
Civista Bancshares Announces Q4 and Full-Year 2025 Financial Results, Completes FSB Acquisition
CIVB
Earnings
M&A
- Civista Bancshares, Inc. reported net income of $12.3 million and diluted earnings per common share of $0.61 for the fourth quarter of 2025, and net income of $46.2 million and diluted earnings per common share of $2.64 for the full-year 2025.
- Net income for the fourth quarter of 2025 increased by 24% compared to the fourth quarter of 2024, and full-year 2025 net income increased by 46% compared to full-year 2024.
- The company completed the acquisition of The Farmers Savings Bank (FSB) on November 6, 2025, which added approximately $268.1 million of assets, $106.2 million of loans and leases, and $236.1 million of deposits.
- The efficiency ratio improved to 57.7% in the fourth quarter of 2025, a decrease from 68.3% in the fourth quarter of 2024 and 61.4% in the third quarter of 2025. Non-recurring adjustments related to the FSB merger negatively impacted Q4 2025 net income by approximately $2.9 million after-tax, or $0.14 per common share.
Jan 29, 2026, 1:00 PM
Civista Bancshares Announces Strong Fourth-Quarter and Full-Year 2025 Financial Results and FSB Acquisition Completion
CIVB
Earnings
M&A
- Civista Bancshares, Inc. reported net income of $12.3 million and diluted earnings per common share of $0.61 for the fourth quarter ended December 31, 2025, representing a 24% increase in net income compared to the fourth quarter of 2024.
- For the full year ended December 31, 2025, net income reached $46.2 million, a 46% increase from $31.7 million in 2024, with diluted earnings per common share of $2.64, up 31% from $2.01 in 2024.
- The company completed the acquisition of The Farmers Savings Bank (FSB) on November 6, 2025, which added approximately $268.1 million of assets, $106.2 million of loans and leases, and $236.1 million of deposits.
- The fourth quarter of 2025 included non-recurring adjustments related to the FSB merger that negatively impacted net income by approximately $2.9 million on an after-tax basis, or $0.14 per common share.
- Civista's efficiency ratio improved to 57.7% for the fourth quarter of 2025, down from 68.3% in the fourth quarter of 2024, and the company achieved 7.9% deposit growth and 6.1% loan and lease balance growth since December 31, 2024.
Jan 29, 2026, 12:55 PM
Civista Bancshares Announces Quarterly Dividend Increase
CIVB
Dividends
- Civista Bancshares, Inc. (NASDAQ:CIVB) announced that its Board of Directors approved a quarterly dividend of 18 cents per common share, representing a 1-cent increase from the prior quarter.
- The dividend is payable on February 24, 2026, to shareholders of record as of February 10, 2026.
- Based on the company's closing stock price of $22.22 on December 31, 2025, this quarterly dividend produces an annualized yield of 3.24%.
Jan 28, 2026, 12:00 PM
Civista Bancshares Announces Quarterly Dividend Increase
CIVB
Dividends
- Civista Bancshares, Inc. (CIVB) has approved and declared a quarterly dividend of 18 cents per common share, which is a 1-cent increase from the prior quarter.
- The dividend is payable on February 24, 2026, to shareholders of record as of February 10, 2026.
- This dividend represents an approximate payout of $3.7 million and an annualized yield of 3.24%, based on the closing stock price of $22.22 on December 31, 2025.
Jan 28, 2026, 12:00 PM
Civista Bancshares Completes Merger with The Farmers Savings Bank
CIVB
M&A
New Projects/Investments
- Civista Bancshares, Inc. (CIVB) completed its merger with The Farmers Savings Bank on November 6, 2025, expanding its community banking footprint into Medina and Lorain Counties in Northeast Ohio.
- The merger adds two new branches and approximately $236 million in low-cost deposits to Civista's portfolio.
- As of September 30, 2025, the combined organization will have approximately $4.4 billion in total assets, $3.2 billion in net loans, and $3.5 billion in total deposits.
- The aggregate consideration for the merger included $35,543,239 in cash and approximately 1,434,491 Civista common shares.
Nov 7, 2025, 12:00 PM
Civista Bancshares Completes Merger with The Farmers Savings Bank
CIVB
M&A
- Civista Bancshares, Inc. (NASDAQ: CIVB) successfully completed its merger with The Farmers Savings Bank on November 6, 2025, expanding its presence into Medina and Lorain Counties, Ohio.
- The merger adds two new branches and approximately $236 million in low-cost deposits to Civista's portfolio.
- Based on financial data as of September 30, 2025, the combined organization will have approximately $4.4 billion in total assets, $3.2 billion in net loans, and $3.5 billion in total deposits.
- The system conversion for the merged entity is scheduled for the first quarter of 2026.
Nov 6, 2025, 10:00 PM
Civista Bancshares, Inc. Announces Q3 2025 Performance and Strategic Acquisition
CIVB
M&A
Earnings
- Civista Bancshares, Inc. announced its participation in the Hovde Group Financial Services Conference from November 6–7, 2025, and the Piper Sandler Financial Services Conference from November 10–12, 2025.
- The company reported strong financial performance for Q3 2025, with a net interest margin of 3.58% and an efficiency ratio of 61.4%. Year-to-date net income increased by $12.1 million to $33.9 million compared to the same period last year.
- Civista Bancshares, Inc. announced the acquisition of The Farmers Savings Bank in July 2025, which is expected to close in Q4 2025, increasing combined assets to an estimated $4.5 billion.
- The company maintains a strong capital position, bolstered by a successful $80.5 million common stock offering in July 2025. As of September 30, 2025, the Tier 1 risk-based capital ratio was 14.19%, and the total risk-based capital ratio was 17.80%.
- Credit quality remains strong, with nonperforming loans as a percent of total loans at 0.74% in Q3 2025.
Nov 4, 2025, 12:00 PM
Quarterly earnings call transcripts for CIVISTA BANCSHARES.
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