
Civista Bancshares (CIVB) Stock Forecast & Price Target
Civista Bancshares (CIVB) Analyst Ratings
Bulls say
Civista Bancshares is a promising financial institution due to its strong focus on organic loan growth, which has accounted for 68% of total growth since 2015. Additionally, the company's presence in Ohio, a state with a growing economy, presents an opportunity for increased market share. The bank is actively managing its expenses and diversifying its income sources through recent acquisitions, providing a solid foundation for future profitability. The current price-to-earnings and price-to-tangible book value for CIVB are at a discount compared to its peers, indicating potential for strong returns for investors.
Bears say
Civista Bancshares is experiencing positive net interest margin (NIM) trends, exceeding projected earnings in the last quarter by 5.5%, with a further 11 basis points (bp) expansion to 3.69%. This is expected to continue in the next quarter with a 2-3bp increase and an additional 3-4bp until year end, aided by two expected rate cuts. However, its recent acquisition of Farmer's is said to have minimal accretion benefits, possibly leading to lower earnings in the future.
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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