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Civista Bancshares, Inc. Declares First Quarter Common Dividend

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Civista Bancshares (NASDAQ:CIVB) has announced a quarterly dividend increase of 1 cent to 17 cents per common share. The dividend will be payable on February 18, 2025, to shareholders of record as of February 4, 2025, representing a total payout of approximately $2.7 million. Based on the closing stock price of $21.30 on January 21, 2025, this dividend yields an annualized 3.19%.

Civista Bancshares is a $4.1 billion financial holding company headquartered in Sandusky, Ohio. Its main subsidiary, Civista Bank, founded in 1884, operates 42 locations across Ohio, Southeastern Indiana, and Northern Kentucky, offering full-service banking, commercial lending, mortgage, and wealth management services. The company's Civista Leasing & Finance division provides commercial equipment leasing services nationwide.

Civista Bancshares (NASDAQ:CIVB) ha annunciato un aumento del dividendo trimestrale di 1 centesimo a 17 centesimi per azione ordinaria. Il dividendo sarà pagabile il 18 febbraio 2025, agli azionisti registrati al 4 febbraio 2025, rappresentando un pagamento totale di circa 2,7 milioni di dollari. Basato sul prezzo di chiusura delle azioni di 21,30 dollari del 21 gennaio 2025, questo dividendo offre un rendimento annualizzato del 3,19%.

Civista Bancshares è una società finanziaria di holding del valore di 4,1 miliardi di dollari con sede a Sandusky, Ohio. La sua principale sussidiaria, Civista Bank, fondata nel 1884, gestisce 42 filiali in Ohio, nel sud-est dell'Indiana e nel nord del Kentucky, offrendo servizi bancari completi, prestiti commerciali, mutui e servizi di gestione patrimoniale. La divisione Civista Leasing & Finance della società fornisce servizi di leasing di attrezzature commerciali a livello nazionale.

Civista Bancshares (NASDAQ:CIVB) ha anunciado un aumento del dividendo trimestral de 1 centavo a 17 centavos por acción ordinaria. El dividendo se pagará el 18 de febrero de 2025, a los accionistas registrados al 4 de febrero de 2025, lo que representa un pago total de aproximadamente 2.7 millones de dólares. Basado en el precio de cierre de la acción de 21.30 dólares del 21 de enero de 2025, este dividendo tiene un rendimiento anualizado de 3.19%.

Civista Bancshares es una compañía de holding financiero de 4.1 mil millones de dólares con sede en Sandusky, Ohio. Su principal subsidiaria, Civista Bank, fundada en 1884, opera 42 ubicaciones en Ohio, el sureste de Indiana y el norte de Kentucky, ofreciendo servicios bancarios completos, préstamos comerciales, hipotecas y servicios de gestión de patrimonio. La división Civista Leasing & Finance de la compañía proporciona servicios de leasing de equipos comerciales a nivel nacional.

Civista Bancshares (NASDAQ:CIVB)는 분기 배당금을 1센트 인상하여 주당 17센트에 지급한다고 발표했습니다. 배당금은 2025년 2월 18일에 지급되며, 2025년 2월 4일 기준으로 기록된 주주에게 지급되며, 총 지급액은 약 270만 달러에 달합니다. 2025년 1월 21일 주가가 21.30달러의 종가를 기준으로 할 때, 이 배당금은 연간 3.19%의 수익률을 제공합니다.

Civista Bancshares는 오하이오주 샌더스키에 본사를 두고 있는 41억 달러의 금융 지주회사입니다. 1884년에 설립된 주요 자회사 Civista Bank는 오하이오, 인디애나 남동부 및 켄터키 북부 전역에 42개의 지점을 운영하며, 종합 은행업무, 상업 대출, 주택 담보 대출 및 자산 관리 서비스를 제공합니다. 회사의 Civista Leasing & Finance 부서는 전국적으로 상업 장비 임대 서비스를 제공합니다.

Civista Bancshares (NASDAQ:CIVB) a annoncé une augmentation du dividende trimestriel de 1 cent à 17 cents par action ordinaire. Le dividende sera payable le 18 février 2025, aux actionnaires inscrits au 4 février 2025, représentant un total d'environ 2,7 millions de dollars. Sur la base du prix de clôture de l'action de 21,30 dollars au 21 janvier 2025, ce dividende offre un rendement annualisé de 3,19%.

Civista Bancshares est une société de holding financière de 4,1 milliards de dollars, dont le siège est à Sandusky, Ohio. Sa principale filiale, Civista Bank, fondée en 1884, compte 42 agences à travers l'Ohio, le sud-est de l'Indiana et le nord du Kentucky, offrant des services bancaires complets, des prêts commerciaux, des hypothèques et des services de gestion de patrimoine. La division Civista Leasing & Finance de la société propose des services de location d'équipements commerciaux à l'échelle nationale.

Civista Bancshares (NASDAQ:CIVB) hat eine Erhöhung der vierteljährlichen Dividende um 1 Cent auf 17 Cent pro Stammaktie angekündigt. Die Dividende wird am 18. Februar 2025 an die Aktionäre, die am 4. Februar 2025 im Register stehen, ausgezahlt und stellt eine Gesamtzahlung von etwa 2,7 Millionen Dollar dar. Basierend auf dem Schlusskurs der Aktie von 21,30 Dollar am 21. Januar 2025 ergibt sich eine jährliche Dividendenrendite von 3,19%.

Civista Bancshares ist ein 4,1 Milliarden Dollar schweres Finanzholdingunternehmen mit Hauptsitz in Sandusky, Ohio. Die Haupttochtergesellschaft, die Civista Bank, wurde 1884 gegründet und betreibt 42 Standorte in Ohio, im Südosten von Indiana und im Norden von Kentucky, wo sie umfassende Bankdienstleistungen, gewerbliche Kredite, Hypotheken und Vermögensverwaltungsdienste anbietet. Die Abteilung Civista Leasing & Finance des Unternehmens bietet landesweit Leasingservices für gewerbliche Ausrüstungen an.

Positive
  • Dividend increased by 1 cent to 17 cents per share
  • Substantial total dividend payout of $2.7 million
  • Attractive annualized dividend yield of 3.19%
  • Strong asset base of $4.1 billion
  • Broad operational presence across three states with 42 locations
Negative
  • None.

SANDUSKY, Ohio, Jan. 22, 2025 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced today that the Board of Directors has approved a quarterly dividend of 17 cents per common share, an increase of 1 cent per common share from the prior quarter, to shareholders of record February 4, 2025, payable February 18, 2025.

This dividend represents a payout of approximately $2.7 million. Based on the Civista's closing stock price of common shares of $21.30 on January 21, 2025, the quarterly dividend produces an annualized yield of 3.19%.

About Civista Bancshares, Inc.:
Civista Bancshares, Inc., is a $4.1 billion financial holding company headquartered in Sandusky, Ohio. Its primary subsidiary, Civista Bank, was founded in 1884 and provides full-service banking, commercial lending, mortgage, and wealth management services. Today, Civista Bank operates 42 locations across Ohio, Southeastern Indiana and Northern Kentucky. Civista Leasing & Finance, a division of Civista Bank, offers commercial equipment leasing services for businesses nationwide. Civista Bancshares' common shares are traded on the NASDAQ Capital Market under the symbol "CIVB". Learn more at www.civb.com.

This press release may contain forward-looking statements regarding the financial performance, business prospects, growth and operating strategies of Civista. For these statements, Civista claims the protections of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Statements in this press release should be considered in conjunction with the other information available about Civista, including the information in the filings we make with the Securities and Exchange Commission.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/civista-bancshares-inc-declares-first-quarter-common-dividend-302357012.html

SOURCE Civista Bancshares, Inc.

FAQ

What is Civista Bancshares' (CIVB) new quarterly dividend amount for Q1 2025?

Civista Bancshares' new quarterly dividend is 17 cents per common share, representing a 1 cent increase from the previous quarter.

When will CIVB's Q1 2025 dividend be paid?

The dividend will be paid on February 18, 2025, to shareholders of record as of February 4, 2025.

What is the current dividend yield for Civista Bancshares (CIVB)?

Based on the closing stock price of $21.30 on January 21, 2025, CIVB's quarterly dividend produces an annualized yield of 3.19%.

How much is CIVB's total dividend payout for Q1 2025?

The total dividend payout for Q1 2025 is approximately $2.7 million.

How many locations does Civista Bank (CIVB) currently operate?

Civista Bank operates 42 locations across Ohio, Southeastern Indiana, and Northern Kentucky.

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