Civista Bancshares Inc (CIVB) Stock AnalysisCIVBCivista Bancshares Inc

Civista Bancshares, Inc. is a financial holding company. The Company, through its subsidiary, Civista Bank, is engaged in providing full-service banking, commercial lending, mortgage and wealth management services. Civista Bank, through its locations in Ohio counties of Erie, Crawford, Champaign, Cuyahoga, Franklin, Huron, Logan, Madison, Montgomery, Ottawa, Richland, Henry, Wood and Summit, in the Indiana counties of Dearborn and Ripley and in the Kentucky county of Kenton, conducts a general banking business that involves collecting customer deposits, making loans, purchasing securities, and offering Trust services. It is also engaged in a general equipment leasing and financing business through its Civista Leasing & Financing (CLF) division. Civista Wealth Management division offers investment advisory services to individuals, families, businesses, and non-profits with personalized investment management, 401(k) advisory services for employers, financial planning, and trust services. It operates in the Financials sector (STATE COMMERCIAL BANKS industry).

Civista Bancshares Inc is a good buy right now due to its current price of $26.85, which is below the analyst price targets of $31 to $33, indicating potential upside. The forward P/E ratio of 9.53 suggests the stock is undervalued compared to its earnings potential. Additionally, the company has shown a solid year-to-date change of +22.71% and a one-year change of +28.35%, reflecting strong performance. However, the main risk is the elevated non-performing assets compared to peers, which could impact future earnings.

5 analysts cover CIVB: 3 rate it Buy, 2 Hold and 0 Sell. The average price target is 26.50.