Civista Bancshares, Inc. has reported its financial results for the fourth quarter and full-year 2025, showcasing notable increases in various key metrics compared to the prior periods.
In the fourth quarter of 2025, Civista reported net income of $12.3 million, marking a significant 24% increase from $9.9 million in the fourth quarter of 2024. Additionally, the full-year net income for 2025 stood at $46.2 million, indicating a substantial 46% increase from $31.7 million in 2024.
Diluted earnings per common share for the fourth quarter of 2025 were $0.61, slightly lower than the $0.63 per diluted share reported in the fourth quarter of 2024. However, for the full-year 2025, diluted earnings per common share surged to $2.64, reflecting a notable 31% increase from $2.01 in 2024.
The efficiency ratio for the fourth quarter of 2025 was reported at 57.7%, showcasing a significant improvement from 68.3% in the fourth quarter of 2024 and 61.4% in the third quarter of 2025.
Moreover, Civista reported a 7.9% growth in deposits and a 6.1% increase in loan and lease balances since December 31, 2024, driven in part by the acquisition of the Farmers Savings Bank.
The acquisition of the Farmers Savings Bank added approximately $268.1 million of assets, $106.2 million of loans and leases, and $236.1 million of deposits. The successful integration of the Farmers Savings Bank is proceeding as planned, with the core conversion scheduled for February 2026.
Civista's CEO and President, Dennis G. Shaffer, emphasized the exceptional progress made during the year, highlighting the robust operating momentum and disciplined growth that drove the increased value across their markets.
Following these announcements, the company's shares moved -2.33%, and are now trading at a price of $22.69. For the full picture, make sure to review CIVISTA BANCSHARES, INC.'s 8-K report.
