NASDAQ : CIVB
Civista Bancshares, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 28.23 USD (Oct 30, 2026, 4:00 PM EST) · Market cap 584.70M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 200.40M | 195.47M | 183.58M | 160.75M | 108.05M | 92.88M |
| Interest Income on Investments | 25.52M | 25.52M | 23.12M | 21.98M | 18.10M | 12.17M |
| Total Interest Income | 225.92M | 220.99M | 206.69M | 182.73M | 126.16M | 105.05M |
| Interest Paid on Deposits | 55.41M | 64.19M | 65.80M | 33.76M | 3.84M | 4.17M |
| Interest Paid on Borrowings | 18.21M | 18.21M | 24.18M | 23.48M | 12.11M | 5.45M |
| Total Interest Expense | 73.62M | 82.40M | 89.98M | 57.24M | 15.95M | 9.63M |
| Net Interest Income | 152.30M | 138.58M | 116.71M | 125.50M | 110.20M | 95.42M |
| Trust Income | 5.82M | 5.54M | 5.52M | 4.77M | 4.90M | 4.86M |
| Gain (Loss) on Sale of Investments | -1.18M | 271.00K | 285.00K | -21.00K | 128.00K | 1.97M |
| Other Non-Interest Income | 28.06M | 23.67M | 27.51M | 29.51M | 20.65M | 16.58M |
| Total Non-Interest Income | 37.97M | 33.97M | 37.75M | 37.16M | 29.08M | 31.45M |
| Revenues Before Loan Losses | 190.27M | 172.55M | 154.46M | 162.66M | 139.28M | 126.88M |
| Provision for Loan Losses | 3.02M | 3.38M | 5.36M | 4.43M | 1.75M | 830.00K |
| Revenue | 187.25M | 169.17M | 149.09M | 158.22M | 137.53M | 126.05M |
| Salaries and Employee Benefits | 61.12M | 57.89M | 60.95M | 57.31M | 50.24M | 43.99M |
| Occupancy Expenses | 6.21M | 5.93M | 5.10M | 5.39M | 4.70M | 4.21M |
| Federal Deposit Insurance | 1.70M | 2.68M | 2.63M | 1.64M | 797.00K | 1.06M |
| Amortization of Goodwill & Intangibles | 2.64M | 1.56M | 1.48M | 1.58M | 1.30M | 890.00K |
| Selling, General & Administrative | 23.92M | 24.72M | 25.48M | 24.78M | 19.01M | 10.84M |
| Other Non-Interest Expense | 22.15M | 21.16M | 16.88M | 16.91M | 14.45M | 16.68M |
| Total Non-Interest Expense | 117.75M | 113.94M | 112.52M | 107.61M | 90.49M | 77.67M |
| EBT Excluding Unusual Items | 69.50M | 55.23M | 36.57M | 50.61M | 47.03M | 48.38M |
| Pretax Income | 69.74M | 55.23M | 36.57M | 50.61M | 47.03M | 48.38M |
| Income Tax Expense | 12.15M | 9.02M | 4.89M | 7.65M | 7.61M | 7.83M |
| Net Income | 57.59M | 46.21M | 31.68M | 42.96M | 39.43M | 40.55M |
| Preferred Dividends & Other Adjustments | 137.00K | 166.00K | 671.00K | 1.58M | 498.00K | 173.00K |
| Net Income to Common | 57.45M | 46.05M | 31.01M | 41.38M | 38.93M | 40.37M |
| Basic Shares Outstanding | 20.56M | 17.42M | 15.39M | 15.15M | 14.97M | 15.34M |
| Diluted Shares Outstanding | 20.56M | 17.42M | 15.39M | 15.15M | 14.97M | 15.34M |
| EPS (Basic) | 2.79 | 2.64 | 2.01 | 2.73 | 2.60 | 2.63 |
| EPS (Diluted) | 2.79 | 2.64 | 2.01 | 2.73 | 2.60 | 2.63 |
| Dividend Per Share | 0.71 | 0.68 | 0.64 | 0.61 | 0.56 | 0.52 |
| Effective Tax Rate | 17.42% | 16.34% | 13.37% | 15.11% | 16.18% | 16.19% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 67.71M | 77.32M | 63.16M | 60.41M | 43.36M | 253.46M |
| Investment Securities | 670.21M | 432.00M | 472.58M | 455.69M | 430.60M | 379.63M |
| Trading Asset Securities | 3.49M | 5.31M | 12.48M | 16.58M | 11.07M | |
| Mortgage-Backed Securities | 296.09M | 225.56M | 212.01M | 237.12M | 213.15M | |
| Total Investments | 670.21M | 731.59M | 703.45M | 680.19M | 684.30M | 603.85M |
| Gross Loans | 3.29B | 3.27B | 3.08B | 2.86B | 2.65B | 2.00B |
| Allowance for Loan Losses | -42.40M | -42.02M | -39.67M | -37.16M | -28.51M | -26.64M |
| Other Adjustments to Gross Loans | -2.74M | -1.65M | -2.92M | |||
| Net Loans | 3.25B | 3.23B | 3.04B | 2.82B | 2.62B | 1.97B |
| Property, Plant & Equipment | 37.03M | 43.00M | 48.23M | 58.40M | 66.13M | 24.76M |
| Goodwill | 130.44M | 125.52M | 125.52M | 125.69M | 76.85M | |
| Other Intangible Assets | 141.27M | 10.42M | 5.01M | 6.49M | 8.07M | 4.94M |
| Loans Held for Sale | 3.55M | 7.18M | 665.00K | 1.73M | 683.00K | 1.97M |
| Accrued Interest Receivable | 14.44M | 13.45M | 12.82M | 11.18M | 7.38M | |
| Restricted Cash | 10.78M | |||||
| Long-Term Deferred Tax Assets | 16.50M | 21.68M | 18.36M | 18.45M | 980.00K | |
| Other Long-Term Assets | 134.63M | 77.55M | 75.75M | 72.94M | 61.81M | 56.69M |
| Total Assets | 4.30B | 4.34B | 4.10B | 3.86B | 3.64B | 3.01B |
| Accrued Expenses | 44.54M | 29.09M | 28.84M | 30.36M | 16.95M | 17.67M |
| Interest Bearing Deposits | 2.75B | 2.53B | 2.39B | 2.12B | 1.68B | 1.57B |
| Institutional Deposits | 239.18M | 125.87M | 98.16M | 45.38M | 55.01M | |
| Non-Interest Bearing Deposits | 725.40M | 702.03M | 695.09M | 771.70M | 896.33M | 788.91M |
| Total Deposits | 3.48B | 3.47B | 3.21B | 2.99B | 2.62B | 2.42B |
| Short-Term Borrowings | 122.50M | 180.75M | 350.64M | 350.48M | 435.42M | 36.57M |
| Current Portion of Long-Term Debt | 469.00K | |||||
| Current Portion of Leases | 754.00K | |||||
| Long-Term Debt | 107.00M | 77.97M | 80.03M | 83.45M | 190.58M | 73.39M |
| Federal Home Loan Bank Debt, Long-Term | 466.00K | 386.00K | 1.50M | 2.39M | 3.58M | 75.00M |
| Long-Term Leases | 1.63M | 1.06M | 1.63M | 2.11M | 2.31M | |
| Trust Preferred Securities | 30.35M | 30.35M | 30.35M | 30.35M | 30.35M | |
| Other Long-Term Liabilities | 5.11M | 5.67M | 5.72M | 5.63M | 5.71M | |
| Total Liabilities | 3.75B | 3.79B | 3.71B | 3.49B | 3.30B | 2.66B |
| Common Stock | 421.10M | 419.77M | 312.04M | 311.17M | 310.18M | 277.74M |
| Retained Earnings | 273.89M | 239.78M | 205.41M | 183.79M | 156.49M | 125.56M |
| Treasury Stock | -78.30M | -75.76M | -75.59M | -75.42M | -73.79M | -56.91M |
| Comprehensive Income & Other | -63.95M | -40.31M | -53.36M | -47.53M | -58.05M | 8.82M |
| Total Common Equity | 552.74M | 543.47M | 388.50M | 372.00M | 334.83M | 355.21M |
| Shareholders' Equity | 552.74M | 543.47M | 388.50M | 372.00M | 334.83M | 355.21M |
| Total Liabilities & Equity | 4.30B | 4.34B | 4.10B | 3.86B | 3.64B | 3.01B |
| Total Debt | 229.97M | 292.31M | 463.58M | 468.31M | 662.04M | 217.62M |
| Net Cash (Debt) | -159.09M | -210.34M | -393.67M | -394.19M | -600.62M | 48.65M |
| Net Cash Per Share | -7.74 | -12.07 | -25.58 | -26.01 | -40.12 | 3.17 |
| Filing Date Shares Outstanding | 20.71M | 20.74M | 15.48M | 15.69M | 15.72M | 14.89M |
| Total Common Shares Outstanding | 20.71M | 20.75M | 15.49M | 15.70M | 15.73M | 14.95M |
| Book Value Per Share | 26.69 | 26.20 | 25.08 | 23.70 | 21.29 | 23.75 |
| Tangible Book Value | 411.47M | 402.62M | 257.98M | 239.99M | 201.07M | 273.42M |
| Tangible Book Value Per Share | 19.87 | 19.41 | 16.66 | 15.29 | 12.78 | 18.28 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 46.21M | 31.68M | 42.96M | 39.43M | 40.55M | |
| Depreciation & Amortization | 10.19M | 11.37M | 12.67M | 5.75M | 2.87M | |
| Gain (Loss) on Sale of Assets | -250.00K | -82.00K | ||||
| Gain (Loss) on Sale of Investments | 283.00K | 677.00K | 489.00K | 1.48M | -596.00K | |
| Provision for Credit Losses | 3.38M | 5.36M | 4.43M | 1.75M | 830.00K | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | -2.03M | 5.50M | 1.87M | 4.69M | 13.07M | |
| Accrued Interest Receivable | -543.00K | -634.00K | -1.64M | -2.05M | 2.04M | |
| Change in Other Net Operating Assets | -1.99M | 3.68M | -1.53M | -20.24M | -152.00K | |
| Other Operating Activities | -4.83M | -3.71M | -2.73M | -3.83M | -11.93M | |
| Operating Cash Flow | 43.27M | 48.25M | 62.70M | 25.18M | 40.76M | |
| Capital Expenditures | -1.16M | -4.19M | -3.43M | -6.51M | -1.93M | |
| Sale of Property, Plant and Equipment | 1.39M | 4.24M | 183.00K | 13.00K | ||
| Cash Acquisitions | 149.47M | -51.64M | ||||
| Investment in Securities | -12.48M | -38.67M | 12.82M | -37.21M | -200.31M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -83.10M | -221.25M | -314.50M | -315.19M | 71.07M | |
| Other Investing Activities | 1.47M | 757.00K | -6.68M | 535.00K | ||
| Investing Cash Flow | 55.59M | -258.80M | -311.78M | -410.36M | -130.50M | |
| Short-Term Debt Issued | 1.00M | 393.70M | ||||
| Long-Term Debt Issued | 73.39M | |||||
| Total Debt Issued | 1.00M | 393.70M | 73.39M | |||
| Short-Term Debt Repaid | -164.00M | -26.33M | -352.00K | -3.42M | ||
| Long-Term Debt Repaid | -2.85M | -4.31M | -61.36M | -135.75M | -50.00M | |
| Total Debt Repaid | -166.85M | -4.31M | -87.69M | -136.11M | -53.42M | |
| Net Debt Issued (Repaid) | -166.85M | -3.31M | -87.69M | 257.59M | 19.97M | |
| Issuance of Common Stock | 75.67M | |||||
| Repurchase of Common Stock | -178.00K | -164.00K | -1.63M | -16.89M | -22.31M | |
| Common Dividends Paid | -11.84M | -10.06M | -9.60M | -8.49M | -8.04M | |
| Total Dividends Paid | -11.84M | -10.06M | -9.60M | -8.49M | -8.04M | |
| Net Increase (Decrease) in Deposit Accounts | 18.50M | 226.84M | 365.04M | -67.91M | 227.30M | |
| Financing Cash Flow | -84.70M | 213.30M | 266.13M | 164.30M | 216.93M | |
| Net Cash Flow | 14.16M | 2.75M | 17.05M | -220.88M | 127.19M | |
| Free Cash Flow | 42.12M | 44.06M | 59.27M | 18.68M | 38.83M | |
| Free Cash Flow Margin | 24.89% | 29.55% | 37.46% | 13.58% | 30.81% | |
| Free Cash Flow Per Share | 2.42 | 2.86 | 3.91 | 1.25 | 2.53 | |
| Cash Interest Paid | 86.53M | 89.99M | 48.38M | 10.70M | 6.21M | |
| Cash Income Tax Paid | 8.07M | 4.89M | 9.51M | 3.15M | 6.18M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 597.54M | 461.01M | 331.10M | 289.43M | 346.16M | 366.63M |
| Last Close Price | 28.23 | 21.76 | 19.95 | 16.80 | 19.35 | 20.93 |
| PE Ratio | 10.33 | 10.01 | 10.68 | 6.99 | 8.89 | 9.08 |
| PS Ratio | 3.18 | 2.73 | 2.22 | 1.83 | 2.52 | 2.91 |
| PB Ratio | 1.06 | 0.85 | 0.85 | 0.78 | 1.03 | 1.03 |
| P/FCF Ratio | 10.60 | 10.95 | 7.51 | 4.88 | 18.54 | 9.44 |
| P/OCF Ratio | 10.30 | 10.65 | 6.86 | 4.62 | 13.75 | 8.99 |
| Debt / Equity Ratio | 0.42 | 0.54 | 1.19 | 1.26 | 1.98 | 0.61 |
| Debt / FCF Ratio | 6.94 | 10.52 | 7.90 | 35.45 | 5.60 | |
| Net Debt / Equity Ratio | 0.29 | 0.39 | 1.01 | 1.06 | 1.79 | -0.14 |
| Net Debt / FCF Ratio | 4.99 | 8.94 | 6.65 | 32.16 | -1.25 | |
| Return on Equity (ROE) | 10.95% | 9.92% | 8.33% | 12.16% | 11.43% | 11.50% |
| Return on Assets (ROA) | 1.37% | 1.10% | 0.80% | 1.15% | 1.19% | 1.40% |
| Earnings Yield | 9.68% | 10.02% | 9.57% | 14.84% | 11.39% | 11.06% |
| FCF Yield | 9.44% | 9.13% | 13.31% | 20.48% | 5.39% | 10.59% |
| Dividend Yield | 2.50% | 3.06% | 2.99% | 3.31% | 2.54% | 2.12% |
| Payout Ratio | 25.78% | 25.61% | 31.76% | 22.34% | 21.54% | 19.82% |
| Buyback Yield / Dilution | -26.61% | -13.19% | -1.56% | -1.23% | 2.43% | 4.59% |
| Total Shareholder Return | -24.10% | -10.13% | 1.43% | 2.08% | 4.97% | 6.71% |