SANDUSKY, Ohio, Oct. 25,
2024 /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 November 5, 2024, payable
November 19, 2024.
This dividend represents a payout of approximately $2.5 million. Based on the Civista's closing
stock price of common shares of $17.84 on October 25,
2024, the quarterly dividend produces an annualized yield of
3.59%.
About Civista Bancshares, Inc.:
Civista
Bancshares, Inc., is a $4.0 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 Civista Leasing and Finance Division (formerly Vision
Financial Group, Inc.), headquartered 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.