PR Newswire·Oct 22, 2026, 7:15 AM ET

Civista Bancshares, Inc. Announces Third Quarter 2026 Net Income of $16.0 million, up 25.5% from Third Quarter 2025

Civista Bancshares reported net income of $16.0 million, or $0.77 per diluted share, for the quarter ended September 30, 2026.
Net income increased 25.5% year-over-year from $12.8 million in Q3 2025, with results including the impact of the Farmers Savings Bank merger since November 2025.
Net interest margin expanded 35 basis points year-over-year to 3.93%, while the cost of funds declined 30 basis points.
Pre-Provision Net Revenue (PPNR) reached $21.1 million, up from $15.9 million in Q3 2025.
Total loans grew by $38.0 million, or 1.2%, compared to the second quarter of 2026.
The efficiency ratio improved to 55.3% from 61.4% in the same period last year.
Return on Assets increased to 1.48% compared to 1.22% in Q3 2025.
Brokered deposits declined by $25.0 million during the quarter, reducing total brokered deposits to $325.1 million.
Net charge-offs totaled $0.1 million for the quarter, down from $0.6 million in Q3 2025.
Non-performing assets decreased to $27.6 million, a reduction of $3.7 million from December 31, 2025.
The company declared a quarterly cash dividend of $0.18 per share, consistent with the previous quarter.
Total assets were $4.3 billion at period end, with tangible book value per share increasing 3.1% to $19.87.
Non-interest income included $1.8 million in net insurance proceeds related to the Stateline branch fire from December 2025.
Civilista repurchased 82,075 shares during the first nine months of 2026 under a plan expiring in April 2027.