Civista Bancshares (NASDAQ:CIVB) has been upgraded from Mkt Perform to Outperform in a statement by KBW earlier today.
- Updated: November 29, 2016
KBW has upgraded Civista Bancshares (NASDAQ:CIVB) from Mkt Perform to Outperform in a statement released on 11/29/2016.
Having a price of $16.10, Civista Bancshares (NASDAQ:CIVB) traded 3.19% higher on the day. With the last stock price up 16.59% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. CIVB has recorded a 50-day average of $14.89 and a two hundred day average of $13.86. Trade Volume was up over the average, with 39,382 shares of CIVB changing hands over the typical 16,164
Recent Performance Chart
Civista Bancshares has price-earnings ratio of 10.53 with a one year low of $9.75 and a one year high of $16.16 and has a total market value of $0.
A total of 3 equity analysts have released a ratings update on CIVB. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, three equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $11.75.
Brief Synopsis About Civista Bancshares (NASDAQ:CIVB)
Civista Bancshares, Inc. 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 loan portfolio consists of commercial and agriculture, commercial real estate-owner occupied, commercial real estate non-owner occupied, residential real estate, real estate construction, consumer and other. Its securities are classified as available-for-sale (AFS) securities. Its deposits include non-interest-bearing demand deposits; interest-bearing demand deposits; savings account, including money market deposit accounts, and certificates of deposit, including individual retirement accounts (IRAs).
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