Newest Rating: What To Expect After Civista Bancshares (NASDAQ:CIVB)’s Upgrade Rating From KBW?

November 30, 2016 - By Ellis Scott

Newest Rating:  What To Expect After Civista Bancshares (NASDAQ:CIVB)'s Upgrade Rating From KBW?

Civista Bancshares (NASDAQ:CIVB) Upgrade

KBW boosted Civista Bancshares (NASDAQ:CIVB)‘s stock to a Outperform rating from Mkt Perform. This rating change was made public in a a note today.

Civista Bancshares Inc (NASDAQ:CIVB) Ratings Coverage

Out of 4 analysts covering Civista Bancshares (NASDAQ:CIVB), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. Civista Bancshares has been the topic of 6 analyst reports since April 25, 2016 according to StockzIntelligence Inc. Hovde Group upgraded the shares of CIVB in a report on Monday, April 25 to “Outperform” rating. The rating was upgraded by Wood on Tuesday, November 29 to “Outperform”. The stock of Civista Bancshares Inc (NASDAQ:CIVB) has “Buy” rating given on Monday, October 24 by Sandler O’Neill. The stock has “Market Perform” rating given by Hovde Group on Monday, July 11. The stock of Civista Bancshares Inc (NASDAQ:CIVB) earned “Outperform” rating by Keefe Bruyette & Woods on Tuesday, November 29. The stock of Civista Bancshares Inc (NASDAQ:CIVB) has “Market Perform” rating given on Monday, October 24 by Hovde Group.

The stock increased 8.17% or $1.28 during the last trading session, hitting $16.94. Civista Bancshares Inc (NASDAQ:CIVB) has risen 45.41% since April 27, 2016 and is uptrending. It has outperformed by 40.18% the S&P500.

Analysts await Civista Bancshares Inc (NASDAQ:CIVB) to report earnings on January, 27.

Civista Bancshares, Inc. is a financial holding company. The company has a market cap of $141.84 million. The Company, through the subsidiary bank, Civista Bank, is primarily engaged in the business of community banking. It has a 11.3 P/E ratio. Civista Bank, located in Erie, Crawford, Champaign, Cuyahoga, Franklin, Logan, Madison, Montgomery, Summit, Huron, Ottawa and Richland Counties, Ohio, conducts a general banking business that involves collecting customer deposits, making loans, purchasing securities, and offering Trust services.

According to Zacks Investment Research, “Civista Bancshares, Inc. is a bank holding company. The Company is involved in the business of community banking, through its subsidiaries. It operates primarily in Ohio. Civista Bancshares, Inc., formerly known as First Citizens Banc Corp, is based in SANDUSKY, United States.”

CIVB Company Profile

Civista Bancshares, Inc., incorporated on February 19, 1987, is a financial holding company. The Company, through the subsidiary bank, Civista Bank, is primarily engaged in the business of community banking. Civista Bank, located in Erie, Crawford, Champaign, Cuyahoga, Franklin, Logan, Madison, Montgomery, Summit, Huron, Ottawa and Richland Counties, Ohio, conducts a general banking business that involves collecting customer deposits, making loans, purchasing securities, and offering Trust services. The Company’s subsidiaries include First Citizens Insurance Agency, Inc., Water Street Properties, First Citizens Investments, Inc., FC Refund Solutions, Inc. (FCRS) and First Citizens Capital LLC.

More recent Civista Bancshares Inc (NASDAQ:CIVB) news were published by: Nasdaq.com which released: “Civista Bancshares, Inc. (CIVB) Ex-Dividend Date Scheduled for October 14, 2016” on October 13, 2016. Also Prnewswire.com published the news titled: “First Citizens Banc Corp renames itself Civista Bancshares, Inc.” on May 01, 2015. Reuters.com‘s news article titled: “BRIEF-Civista Bancshares announces third quarter 2016 earnings” with publication date: October 21, 2016 was also an interesting one.

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