CIVISTA BANCSHARES, INC. (CIVB) Form 8-K — Oct 22, 2026
Civista Bancshares (NASDAQ: CIVB) reported Q3 2026 net income of $16.0 million, or $0.77 per diluted share, up 25.5% from $12.8 million ($0.68) in Q3 2025 and up 11.9% sequentially. Net interest margin expanded 35 basis points year-over-year to 3.93% on disciplined deposit pricing and reduced wholesale funding, while the efficiency ratio improved to 55.3% from 61.4% and return on assets rose to 1.48%. Credit quality improved with non-performing assets down 11.7% to $27.6 million and net charge-offs of just $0.1 million, while total loans grew $38.0 million (+1.2%) and brokered deposits fell another $25.0 million.
Key figures
- Eps
- 0.77
- Net Income
- 16019000
- Total Debt
- short-term FHLB advances $122.5M; subordinated debentures $104.4M
- Revenue Yoy
- net interest income +14.1% YoY to $39.4M
- Total Assets
- 4304926000
- Cash Position
- cash and due from financial institutions $67.7M
- Shares Outstanding
- 20712013
- Nim
- 3.93%
- Npa
- $27.6M (0.64% of assets)
- Ppnr
- $21.1M
- Total loans
- $3.29B
- Acl to loans
- 1.29%
- Total deposits
- $3.48B
- Loan growth qoq
- +$38.0M (+1.2%)
- Efficiency ratio
- 55.3%
- Return on assets
- 1.48%
- Quarterly dividend
- $0.18/share
- Share price sept30
- $26.38
- Tier1 leverage ratio
- 12.11%
- Brokered deposits change q3
- -$25.0M
- Tangible book value per share
- 19.87
AI analysis
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