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.
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SOURCE Civista Bancshares, Inc.
