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Civista Bancshares Inc (CIVB)
NASDAQ:CIVB
Earnings Data
Report Date
Apr 24, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.57Last Year’s EPS
0.66Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlights strong core operating performance: significant year-over-year earnings and EPS growth, NIM expansion, meaningful organic loan growth, strengthened capital ratios, improved efficiency, and strategic progress on acquisition, digital and leasing initiatives. Key negatives are largely one-time or transitional: acquisition-related nonrecurring charges, a year-long decline in lease-related noninterest income, a modest uptick in nonperforming/past-due loans driven by an isolated participation, and near-term elevated expenses for integration and investments. Overall, the positives — recurring revenue and margin expansion, deposit funding improvements, capital accretion, and expense discipline — substantially outweigh the transitory lowlights.Company Guidance
Strong Full-Year and Quarterly Earnings Growth
Reported full-year 2025 net income of $46.2 million ($2.64 per diluted share) versus $31.7 million ($2.01) in 2024 — a 46% increase year-over-year; Q4 net income of $12.3 million ($0.61 per diluted share), a $2.4 million or 24% increase versus Q4 2024.
Net Interest Income and Margin Expansion
Net interest income for Q4 was $36.5 million, up $1.9 million (5.5%) versus the linked quarter and up $5.1 million (6%) versus prior-year Q4. Net interest margin expanded 11 basis points to 3.69% due to funding cost declines outpacing earning asset yield declines.
Acquisition Adds Low-Cost Funding and Loans
Closed acquisition of Farmers Savings Bank, adding $106 million in loans and $236.1 million in low-cost deposits; management expects minimal additional transaction expenses going forward and a system conversion planned for early February.
Organic Loan Growth and Strong Pipeline
Excluding acquired loans, organic net loan growth in Q4 of $68.7 million, an annualized 8.7% rate. Management anticipates mid-single-digit organic loan growth for 2026 supported by a strong pipeline and $162 million of undrawn construction lines at year-end.
Improved Deposit Mix and Lower Funding Costs
Nonbroker (core) deposits grew organically by nearly $30 million during the quarter (excluding Farmers), brokered funding reduced for fourth consecutive quarter, and overall cost of funding declined 19 basis points to 2.08%; cost of deposits fell 4 basis points to 1.59%.
Capital and Balance Sheet Strength
Tier 1 leverage ratio at 11.32%, tangible common equity rose from 6.43% a year ago to 9.54% at 12/31/2025 (also up from 9.21% at 9/30/25), and CRE-to-risk-based-capital ratio reduced from 366% to 275% over the year — providing capacity for organic and inorganic growth.
Expense Discipline and Efficiency Improvement
After adjusting for nonrecurring items, noninterest expense for the quarter was $27.6 million and year-to-date noninterest expense decreased $2.4 million (2.1%) versus prior year driven by a $3.1 million decline in compensation and $1.4 million decline in equipment expense. Efficiency ratio improved to 57.7% (from 61.4% linked quarter and 68.3% prior-year Q4).
Progress on Strategic Initiatives
Rolled out a new digital deposit account opening platform (expanded in Q4 to checking and money market), launched deposit product redesign, migrated to a new leasing system, and completed a successful capital offering — all cited as drivers of improved earnings and franchise value.
Improved Securities Mark-to-Market
Securities portfolio had $45 million of unrealized losses at 12/31/2025, a decline of $6 million from the linked quarter and $17 million from 12/31/2024, indicating improving mark-to-market positions.
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 |
|---|---|---|---|
Jan 29, 2026 | $23.12 | $24.45 | +5.75% |
Oct 23, 2025 | $21.23 | $20.96 | -1.25% |
Jul 24, 2025 | $20.89 | $20.41 | -2.34% |
Apr 24, 2025 | $20.13 | $20.20 | +0.34% |
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 Apr 24, 2026, Before Open (Confirmed).
What is Civista Bancshares Inc (CIVB) earnings time?
Civista Bancshares Inc (CIVB) earnings time is at Apr 24, 2026, Before Open (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 2026 (Q1) is 0.57.