SoFi stock falls after announcing $1.5B public offering of common stock
Weaks Nathan E, a Subsidiary Director, reported purchasing 1,000 shares of CIVISTA BANCSHARES, INC. (NASDAQ:CIVB) on November 18, 2025. The shares were bought at a price of $21.49, totaling $21,490.
Following the transaction, Weaks directly holds 3,339 shares and indirectly holds 11,283 shares through an IRA.
In other recent news, Civista Bancshares has completed its merger with The Farmers Savings Bank of Spencer, Ohio, enhancing its reach in Northeast Ohio. This merger adds two branches and approximately $236 million in low-cost deposits, increasing Civista’s total assets to about $4.4 billion. The bank also reported strong third-quarter 2025 financial results, with earnings per share of $0.71, surpassing both DA Davidson’s estimate of $0.64 and the consensus forecast of $0.60. Revenue for the quarter was $44.1 million, exceeding projections of $43.63 million.
Following these results, DA Davidson initiated coverage on Civista Bancshares with a Buy rating and a $26.00 price target. Similarly, Keefe, Bruyette & Woods raised their price target for the company to $27.00, maintaining an Outperform rating. The firm highlighted Civista’s outstanding third-quarter performance, noting an expansion in net interest margin by 11 basis points on an adjusted basis. These developments indicate a positive outlook from analysts regarding Civista Bancshares’ recent performance and strategic moves.
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