Civista Bancshares reports Q1 EPS 72c, consensus 57c

Reports Q1 Tangible book value per share was $19.70; and return on average assets improved to 1.41%, compared to 1.00% last year. “Civista reported a solid start to 2026, with Q1 net income of $15.0M, or 72c per diluted share,” said Dennis Shaffer, President and CEO of Civista Bancshares (CIVB). “Results for the quarter reflected continued expansion in net interest margin, disciplined expense management, and stable credit performance, while we proactively managed the balance sheet in a changing operating environment. During the Q1, we continued to optimize our funding mix by reducing higher-cost sources, including brokered deposits and short-term FHLB advances, while growing core deposits,” Shaffer said. “These actions contributed to lower funding costs and further strengthened our liquidity profile.”