
Civista Bancshares (CIVB) Stock Forecast & Price Target
Civista Bancshares (CIVB) Analyst Ratings
Bulls say
Civista Bancshares Inc. has shown positive financial performance, evidenced by the increase in security yields to 3.58%, marking an 8 basis point improvement quarter-over-quarter. Additionally, the company has experienced growth in commercial and agriculture loan balances as well as non-owner occupied commercial real estate loan balances, contributing to a diversified and expanding loan portfolio. While non-performing loan charge-offs (NCOs) rose to 13 basis points from 8 basis points, this increase is minimal and suggests the overall credit quality remains manageable as the company continues to generate revenue through interest and fees from its lending activities.
Bears say
Civista Bancshares Inc. has experienced a decline in its adjusted margin, falling by 4 basis points to 3.51% in the most recent quarter, primarily due to decreasing loan yields. Additionally, the company's performance has been negatively impacted by weaker fee income, particularly attributable to softer leasing revenue. Despite a reduction in nonperforming assets to $23.2 million, the overall financial indicators suggest challenges that could hinder the company's revenue generation capabilities going forward.
This aggregate rating is based on analysts' research of Civista Bancshares and is not a guaranteed prediction by Public.com or investment advice.
Civista Bancshares (CIVB) Analyst Forecast & Price Prediction
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