Civista Bancshares Inc Dossier
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SectorFinancials IndustryRegional Banks Beta (adjusted)0.77 Intrinsic Value Insufficient data for a value estimateNot enough reliable inputs to publish a fair value for this company yet. Market Price $26.57Price as of 1 Oct 2026 Data confidence Sign in to view data confidence Market Cap $552.5M Enterprise Value $774.9M Shares Outstanding 22.7M diluted Next Earnings Date22 Oct 2026 Last ex-dividend14 Aug 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary Civista Bancshares, Inc. (CIVB) represents a compelling regional banking investment characterized by robust net interest margin (NIM) expansion, disciplined cost management, and successful strategic M&A execution. The integration of The Farmers Savings Bank (FSB) has significantly enhanced Civista's low-cost core deposit franchise, allowing it to systematically reduce high-cost brokered deposits and wholesale funding. With a strong capital position, improving efficiency ratios, and a highly supportive valuation trading at a discount to historical averages and peers, Civista is well-positioned to deliver superior risk-adjusted returns and consistent dividend growth. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$26.00 Mean target$29.00 High · most bullish analyst$31.00 Our research · scenarios, merits, risks, and invalidation triggersResearch as of 19 Jun 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $24.0020% Elevated loan payoffs persist, suppressing net loan growth. Intense deposit competition forces Civista to raise deposit rates, compressing NIM back toward the mid-3.50s%. Integration friction or higher-than-expected technology conversion costs push the efficiency ratio above 65%, limiting quarterly EPS to the $0.60 - $0.65 range. Base CaseCentral scenario $26.7550% Civista successfully maintains its NIM in the high 3.80s% range and achieves mid-single-digit loan and deposit growth for the remainder of 2026. The FSB integration proceeds smoothly with core conversion completed, driving the efficiency ratio toward 60% and supporting a normalized quarterly EPS run rate of $0.75 by late 2026 or early 2027. Valuation multiples recover moderately toward historical averages. Bull CaseUpside scenario $28.0030% Accelerated realization of synergies from the FSB acquisition combined with sustained high-3.80s NIM. Organic loan growth exceeds expectations as commercial pipelines in Ohio and Northern Kentucky strengthen, driving quarterly EPS toward a $0.80+ run rate by late 2026. Multiple expansion occurs as the market recognizes Civista's superior asset quality and deposit franchise strength. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
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All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |