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Nathan E. Weaks, a Subsidiary Director at Civista Bancshares, INC. (NASDAQ:CIVB), has recently purchased 500 shares of common stock at $19.95, in a transaction totaling $9,975. The purchase comes as the stock trades at $20.18, with a modest P/E ratio of 8x. According to InvestingPro analysis, the company appears fairly valued based on its comprehensive Fair Value model.
Following the transaction on August 18, 2025, Weaks directly and indirectly owns a total of 13,122 Civista Bancshares shares. The shares are held directly and through an IRA. With a market capitalization of $384 million, Civista Bancshares offers a 3.42% dividend yield and has maintained dividend payments for 15 consecutive years. InvestingPro subscribers can access detailed insider trading patterns and 8 additional key insights about CIVB’s financial health and market position.
In other recent news, Civista Bancshares reported its Q2 2025 earnings, showing a mixed performance. The company’s earnings per share (EPS) met expectations at $0.71, while revenue fell short, coming in at $41.4 million compared to a forecast of $42.88 million. Additionally, Civista’s second-quarter operating earnings were at the high end of the company’s expected range, with $0.67 per share, but pre-tax, pre-provision net revenue missed consensus expectations by about 2% due to softer leasing revenue. In corporate developments, Civista Bancshares has promoted Robert L. Katitus to Senior Vice President and Chief Lending Officer, succeeding Charles A. Parcher in the lending role after Parcher’s appointment as bank president. The company also updated its corporate bylaws to align with changes in Ohio’s General Corporation Law, allowing the board more flexibility in setting shareholder meeting dates and determining director compensation. Analyst firm Stephens has lowered its price target for Civista Bancshares to $24.00 from $27.00, maintaining an Equal Weight rating. These developments reflect Civista’s ongoing strategic initiatives and adjustments within its operational framework.
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