Civista Bancshares Inc (CIVB)
NASDAQ:CIVB
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Earnings Data
Report Date
Jul 24, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.67Last Year’s EPS
0.71Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong underlying fundamentals: sizable YoY and sequential earnings growth, NIM expansion, robust core deposit growth, shrinking reliance on brokered funding, strengthened capital actions (dividend and repurchase authorization), and constructive credit metrics. Headwinds discussed were mostly tactical or transitional — loan payoffs that temporarily reduced balances, seasonal/one-time expense items from the recent acquisition, modestly higher noninterest expense YoY, and unrealized securities markdowns. Management provided forward-looking NIM and expense guidance and reiterated mid-single-digit loan and deposit growth targets, indicating confidence in sustaining performance.Company Guidance
Strong Net Income and EPS Growth
Net income of $15.0M, or $0.72 diluted EPS, up $4.8M (47%) vs Q1 2025 and up $2.7M (22%) vs the linked quarter.
Pre-Provision Net Revenue and NII Expansion
Pre-provision net revenue increased $3.8M (29%) YoY and $3.2M (3.8%) sequentially; net interest income was $37.8M, up $5.1M (15%) YoY and $1.4M (4%) QoQ.
Net Interest Margin Expansion
NIM expanded 16 basis points to 3.85%; earning asset yield 5.66% (up 5 bps QoQ); cost of funds 1.96% (down 35 bps YoY, 12 bps QoQ); cost of deposits 1.81% (down 19 bps YoY, 11 bps QoQ).
Deposit Franchise Strength and Reduced Brokered Funding
Core deposits grew organically >$60M (8% for the quarter); total deposits up $35.4M (annualized 4%); brokered deposits reduced by $25M (sixth consecutive quarter of reduction).
Loan Production and Growing Pipelines
New loan production of $214M in the quarter (offset by $83M payoffs); residential mortgage pipeline +25% YoY and commercial loan pipeline +102% YoY; management expects mid-single-digit loan growth for remainder of 2026.
Capital Return and Shareholder Actions
Quarterly dividend of $0.18 declared (annualized yield 3.16%, payout ratio 25%); Board renewed $25M common share repurchase authorization.
Credit Metrics and Provisioning
Provision credit of $0.768M for the quarter and net charge-offs of $0.716M; allowance for credit losses to total loans 1.26% (consistent with 1.28% at YE 2025); allowance to nonperforming loans ~135%.
Efficiency and Profitability Ratios
Efficiency ratio improved to 60.1% vs 64.9% in prior-year Q1; ROA 1.41% and ROE 10.97%; tangible book value per share $19.70.
Liquidity and Securities Position
Securities portfolio $682M (16% of balance sheet); combined securities + cash equal ~22% of total deposits, providing meaningful liquidity.
Successful Integration Milestone
Completed core system conversion for the Farmers Savings Bank acquisition; only approximately $0.4M of remaining one-time acquisition expenses recognized in the quarter.
CIVB Earnings History
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
CIVB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 22, 2026 | $23.60 | $24.40 | +3.41% |
Jan 29, 2026 | $22.95 | $24.27 | +5.76% |
Oct 23, 2025 | $21.07 | $20.81 | -1.25% |
Jul 24, 2025 | $20.74 | $20.26 | -2.34% |
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.
FAQ
When does Civista Bancshares Inc (CIVB) report earnings?
Civista Bancshares Inc (CIVB) is schdueled to report earning on Jul 24, 2026, Before Open (Confirmed).
What is Civista Bancshares Inc (CIVB) earnings time?
Civista Bancshares Inc (CIVB) earnings time is at Jul 24, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is CIVB EPS forecast?
CIVB EPS forecast for the fiscal quarter 2026 (Q2) is 0.67.