Civista Bancshares SVP Mulford buys $21k in shares

Published 15/07/2025, 18:58
Civista Bancshares SVP Mulford buys $21k in shares

Civista Bancshares (NASDAQ:CIVB) Senior Vice President Michael D. Mulford acquired 1,000 shares of common stock on July 11, 2025, at a price of $21.25 per share, for a total transaction value of $21,250. The purchase comes as the $402 million market cap bank’s shares have declined nearly 13% over the past week. According to InvestingPro data, the stock is currently trading close to its Fair Value, with a P/E ratio of 9.4x.

Following the transaction, Mulford directly owns 4,004 shares of the company’s common stock. The bank currently offers a 3.1% dividend yield and is scheduled to report earnings on July 24. For deeper insights into insider trading patterns and comprehensive analysis, check out the detailed Pro Research Report available on InvestingPro.

In other recent news, Civista Bancshares reported a strong financial performance for the first quarter of 2025, exceeding earnings expectations. The company posted an earnings per share (EPS) of $0.66, surpassing the forecast of $0.51, and revenue reached $40.63 million, slightly above projections. Civista announced its plans to acquire The Farmers Savings Bank in a $70.4 million cash and stock transaction, expected to close in the fourth quarter of 2025, which will expand its footprint in Northeast Ohio. Additionally, Civista launched a public offering of common shares to support organic growth and future strategic transactions, with Piper Sandler & Co. as the sole book-running manager. Analyst firm DA Davidson maintained a Buy rating on Civista, despite lowering its price target to $26.00, citing the bank’s improved funding and growth prospects. Meanwhile, Stephens raised its price target for Civista to $25, following a notable quarter-over-quarter expansion in net interest margin. These developments highlight Civista’s strategic moves to enhance growth and profitability.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.