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Civista Bancshares Inc (CIVB)
NASDAQ:CIVB
US Market

Civista Bancshares (CIVB) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Apr 25, 2025
TBA Not Confirmed
Period Ending
2025 (Q1)
Consensus EPS Forecast
0.51
Last Year’s EPS
0.41
Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary

Earnings Call Date:Jan 30, 2025
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% Change Since: -0.98%
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Next Earnings Date:Apr 25, 2025
Earnings Call Sentiment|Neutral
While Civista Bancshares reported positive developments such as net income growth in the fourth quarter, core deposit growth, and improved net interest margin, the company also faced challenges including a decline in annual net income, volatility in noninterest income, and increased nonperforming loans and expenses. The call highlighted both achievements and challenges, presenting a balanced outcome.
Company Guidance
During the Civista Bancshares Fourth Quarter 2024 Earnings Conference Call, the company reported a net income of $9.9 million, or $0.63 per diluted share, marking an 18% increase over the previous quarter. The net income for the full year was $31.7 million, or $2.01 per diluted share, compared to $43 million, or $2.73 per diluted share, in 2023. Civista achieved a return on assets (ROA) of 0.80% for the year and 0.97% for the quarter. The company's net interest income rose by $2.1 million, or 7.3%, from the previous quarter, with a quarterly net interest margin of 3.36% and an annual margin of 3.21%. The loan and lease portfolio grew at an annualized rate of 4.9% for the quarter and 7.7% for the year, while core deposit funding increased by over $36 million during the quarter. Noninterest income was $585,000 higher than in 2023, despite the need to replace $5.2 million in noninterest income from the previous year. Civista's efficiency ratio improved to 68.3%, and the company closed a branch, anticipating $142,000 in annual savings. The allowance for credit losses to total loans ratio was 1.29%, with plans to manage loan growth in the low single-digit range to optimize funding and improve capital ratios.
Net Income Growth
Net income for the fourth quarter was $9.9 million, representing an 18% increase over the linked-quarter. Net income for the year was $31.7 million.
Loan and Lease Portfolio Growth
The loan and lease portfolio grew at an annualized rate of 4.9% during the fourth quarter and a respectable rate of 7.7% for the year.
Core Deposit Growth
Core deposit funding grew organically by over $36 million during the quarter, reducing reliance on brokered funding.
Net Interest Income Increase
Net interest income for the quarter was $31.4 million, a 7.3% increase compared to the linked quarter.
Improved Net Interest Margin
Margin expanded by 20 basis points during the quarter to 3.36%, and was 3.21% for the year.
Dividend Increase
A $0.01 per share increase in quarterly dividend to $0.17 per share was announced, representing an annualized yield of 3.16%.
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Civista Bancshares (CIVB) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

CIVB Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Apr 25, 20252025 (Q1)
0.51 / -
0.41
Jan 30, 20252024 (Q4)
0.53 / 0.63
0.621.61% (+0.01)
Oct 29, 20242024 (Q3)
0.44 / 0.53
0.66-19.70% (-0.13)
Jul 29, 20242024 (Q2)
0.39 / 0.45
0.64-29.69% (-0.19)
Apr 30, 20242024 (Q1)
0.46 / 0.41
0.82-50.00% (-0.41)
Feb 08, 20242023 (Q4)
0.58 / 0.62
0.77-19.48% (-0.15)
Oct 27, 20232023 (Q3)
0.61 / 0.66
0.72-8.33% (-0.06)
Jul 28, 20232023 (Q2)
0.71 / 0.64
0.5320.75% (+0.11)
Apr 28, 20232023 (Q1)
0.81 / 0.82
0.5743.86% (+0.25)
Feb 07, 20232022 (Q4)
0.75 / 0.77
0.735.48% (+0.04)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CIVB Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jan 30, 2025$21.34$21.22-0.56%
Oct 29, 2024$18.20$18.44+1.32%
Jul 29, 2024$18.49$17.00-8.06%
Apr 30, 2024$14.23$13.75-3.37%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ

When does Civista Bancshares Inc (CIVB) report earnings?
Civista Bancshares Inc (CIVB) is schdueled to report earning on Apr 25, 2025, TBA Not Confirmed.
    What is Civista Bancshares Inc (CIVB) earnings time?
    Civista Bancshares Inc (CIVB) earnings time is at Apr 25, 2025, TBA Not Confirmed.
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is CIVB EPS forecast?
          CIVB EPS forecast for the fiscal quarter 2025 (Q1) is 0.51.
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