Civista Bancshares Announces Third Quarter Dividend
Civista Bancshares, Inc. (NASDAQ: CIVB) has officially declared a quarterly dividend of 17 cents per common share for the third quarter of 2025. This decision was made by the Board of Directors and aligns with the dividend policy established in the prior quarter. Shareholders of record as of August 5, 2025, will receive this dividend payment on August 19, 2025.
This dividend marks a significant payout of approximately $3.3 million from Civista, reinforcing the firm’s commitment to providing regular returns to its investors. Based on the closing stock price of $23.20 per share on June 30, 2025, this quarterly dividend indicates an annualized yield of approximately 2.89%, maintaining a consistent trend appealing to existing and potential shareholders.
Founded in 1884, Civista Bancshares is a robust financial holding company located in Sandusky, Ohio, boasting assets amounting to around $4.1 billion. It operates primarily through its main subsidiary, Civista Bank, which has a wide presence in Ohio, Southeastern Indiana, and Northern Kentucky, with 42 full-service branch locations. The bank offers an extensive range of banking services including personal and commercial banking, mortgage services, and wealth management options, catering to the financial needs of its diverse customer base.
One notable aspect of Civista’s operations is Civista Leasing Finance, which focuses on providing commercial equipment leasing services. This division enhances the overall value proposition of Civista by serving businesses across the country.
Civista Bancshares continues to focus on expanding its services and geographic reach while ensuring that shareholder returns remain a priority. By maintaining consistent dividends, it showcases strong financial health and strategic management, thus upholding investor confidence.
In addition, as part of its proactive communication approach, Civista maintains transparency with the community and shareholders. Forward-looking statements regarding its future performance, growth strategies, and operational outlook are disclosed, adhering to the provisions of the Private Securities Litigation Reform Act of 1995. This step not only assures stakeholders about the company's direction but also aligns with best practices in corporate governance.
Overall, Civista's decision to declare this dividend emphasizes its continued commitment to rewarding shareholders while executing growth-oriented strategies. As the bank looks forward to its future, it remains a strong player in the regional banking landscape, ready to adapt to the evolving needs of its clientele and secure its financial objectives.
For further details, investors and interested parties can visit
Civista Bancshares' official website.