Civista Bancshares, Inc. (CIVB) Stock

Civista Bancshares, Inc. (CIVB) is a Financials stock trading at $27.60 (as of 2026-08-21), with a market capitalization of $573.92M and a trailing P/E of 10.6. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Civista Bancshares, Inc. is the financial holding company for Civista Bank, providing community banking services including deposit accounts, loans across commercial, agriculture, real estate, consumer, and other categories, and letters of credit. It also invests in securities and offers trust and third-party insurance services through about 42 locations in Ohio, Indiana, and Kentucky.

Understand Civista Bancshares, Inc.: how it makes money

Civista Bancshares operates a community bank that earns money by taking customer deposits, extending loans (including commercial, agriculture, real estate, and consumer), investing in securities, and generating fee income such as letters of credit, trust services, and third-party insurance.

For a community bank, the profit engine is primarily the spread between returns on loans and securities (plus related fee income) and the cost of funding through deposits and other sources, with credit performance influencing how much is needed for loan loss allowances.

Revenue by segment (latest quarter)
Lease	$0.0B
Leasing	$0.0B

Business quality (Solid): Data quality is limited here, revenue is shown as 0.0 for the latest quarter, gross margin is not provided, and the segment revenue candidates provided do not reflect the bank’s main activities described (loans, deposits, and trust or insurance).

Valuation: At 10× earnings, CIVB trades 21% below the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

Broad lending and fee toolkit: The bank offers multiple loan categories and also earns fee-related income through letters of credit, trust services, and third-party insurance.
Deposits support funding: It collects customer deposits and, in the latest data provided, the Loan-to-Deposit Ratio is 92.2.

Bear case

Credit quality risk tied to its loan mix: It serves commercial and agriculture, and real estate-related lending, so economic stress can drive increases in non-performing loans and assets, which can raise loss provisions.
Operating efficiency matters: The Efficiency Ratio is 65.2 in the latest data provided, so cost control is important to maintain profitability.
Geographic concentration: It operates approximately 42 locations in Northern, Central, Southwestern, and Northwestern Ohio, plus Southeastern Indiana and Northern Kentucky, which can concentrate performance risk in those local economies.

Valuation — source: SEC EDGAR (first-party)
Price	$27.60
Market Cap	$573.92M
P/E Ratio	10.6
EV / EBITDA	7.8
Price / Book	1.01
Price / Sales	29.29
DCF Value (model)	$37.00
DCF Upside vs Price	34.1%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$19.02M
Net Margin	242.9%
Revenue Growth (YoY)	10.8%
EPS Growth (YoY)	-2.8%

Valuation vs Sector & Industry
Stock P/E	10.6
Sector P/E (Financials)	15.1
Industry P/E (Banking)	13.0
vs Sector	-30.0%
vs Industry	-18.6%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	BlackRock, Inc. ($33.90M)
Institutional Holders Tracked	10

Company
Sector	Financials
Industry	Banking
CEO	Dennis G. Shaffer
Employees	520
Country	US
IPO Date	1994-04-06

Related Companies (Business model: Universal / Commercial Bank; 8 closest by market cap; US-domiciled)

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.