SANDUSKY, Ohio, July 27,
2023 /PRNewswire/ -- Civista Bancshares, Inc.
(NASDAQ:CIVB) ("Civista") announced today that the Board of
Directors has approved a quarterly dividend of 16 cents per common share to shareholders of
record August 8, 2023, payable
August 22, 2023.
This dividend represents a payout of approximately $2.5 million. Based on the Civista's closing
stock price of common shares of $18.85 on July 25,
2023, the quarterly dividend produces an annualized yield of
3.40%.
About Civista Bancshares, Inc.:
Civista
Bancshares, Inc., is a $3.6 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 43 locations across
Ohio, Southeastern Indiana, and Northern Kentucky. Civista Bank also offers
commercial equipment leasing services for businesses nationwide
through its subsidiary, Vision Financial Group, Inc. (VFG),
centered in Pittsburgh,
Pennsylvania. 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.