Civista Bancshares, Inc. (NASDAQ:CIVB) Q1 2024 Earnings Conference Call April 30, 2024 1:00 PM ET Company Participants Dennis Shaffer - President and Chief Executive Officer Rich Dutton - Senior Vice President and Chief Operating Officer Chuck Parcher - Senior Vice President and Chief Lending Officer Conference Call Participants Nick Cucharale - Hovde Group Terry McEvoy - Stephens Manuel Navas - D.A. Davidson Daniel Cardenas - Janney Montgomery Scott Operator Ladies and gentlemen, before we begin, I would l ...

Civista Bancshares (CIVB) reported $36.88 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 15.6%. EPS of $0.41 for the same period compares to $0.82 a year ago.The reported revenue represents a surprise of -2.98% over the Zacks Consensus Estimate of $38.01 million. With the consensus EPS estimate being $0.47, the EPS surprise was -12.77%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wal ...

SANDUSKY, Ohio, April 30, 2024 /PRNewswire/ -- Civista Bancshares, Inc. ("Civista") (NASDAQ: CIVB) announced today that Ian Whinnem will join the Company as Senior Vice President, Chief Financial Officer effective June 3, 2024. He will be a member of Civista's Executive Leadership Team reporting to President and Chief Executive Officer, Dennis G. Shaffer. Mr. Whinnem joins Civista with over 25 years of corporate finance management in banking, including the past seven years as Senior Vice President, Director ...

SANDUSKY, Ohio, April 30, 2024 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced its unaudited financial results for the three months ending March 31, 2024.  First quarter highlights Net income of $6.4 million, or $0.41 per diluted share, for the first quarter of 2024, compared to $12.9 million, or $0.82 per diluted share, for the first quarter of 2023.    Low cost of deposits of 214 basis points and total funding costs of 254 basis points for the quarter. Based on the March 29, ...

Trevor WilliamsCivista Bancshares, Inc. (NASDAQ:CIVB), incorporated in 1987 and headquartered in Sandusky, Ohio, is a financial holding company that through its primary subsidiary, Civista Bank, provides banking services in Ohio. There's a very good chance that an investor's yield on cost at the current price level of the shares will only get better in a relatively short period, and that value investors will get paid to wait for the market to assign a much higher premium to TBV that I think CIVB deserve ...

SANDUSKY, Ohio, April 26, 2024 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced today that the Board of Directors has approved a quarterly dividend of 16 cents per common share to shareholders of record May 7, 2024, payable May 22, 2024.  This dividend represents a payout of approximately $2.5 million.  Based on the Civista's closing stock price of common shares of $15.35 on April 24, 2024, the quarterly dividend produces an annualized yield of 4.17%. About Civista Bancshares, In ...

SANDUSKY, Ohio, April 8, 2024 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ: CIVB) ("Civista") announced today that it will issue its first quarter 2024 financial results prior to market open on Tuesday, April 30, 2024. Civista Bancshares, Inc. will also host a conference call and webcast at 1:00 p.m. Eastern Time on Tuesday, April 30, 2024, to discuss its financial results.  Analysts may participate in the question-and-answer session. Conference Call, Replay and Webcast Information: Date:  Tuesday, Apri ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 (Exact name of registrant as specified in its charter) Ohio 34-1558688 State or other jurisdiction of (IRS Employer incorporation or organization Identification No.) 100 East Water Street, Sandusky, Ohio 44870 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (419) 625 - 4121 Securities registered pursuant to Section 12(b) of the Act: Common shares, no par value CIVB The NASDAQ Stock ...

Civista Bancshares, Inc. (NASDAQ:CIVB) Q4 2023 Results Conference Call February 8, 2024 1:00 PM ET Company Participants Dennis Shaffer - President and Chief Executive Officer Rich Dutton - Senior Vice President and Chief Operating Officer Chuck Parcher - Senior Vice President and Chief Lending Officer Mike Mulford - Chief Credit Officer Conference Call Participants Nick Cucharale - Hovde Group Terry McEvoy - Stephens Manuel Navas - D.A. Davidson Daniel Cardenas - Janney Montgomery Scott Operator Before we b ...

Civista Bancshares (CIVB) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.77 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.71%. A quarter ago, it was expected that this bank holding company would post earnings of $0.60 per share when it actually produced earnings of $0.66, delivering a surprise of 10%.Over the last four quarters, ...