Civista Bancshares, INC 8-K filings

Civista Bancshares has announced the appointment of Ian Whinnem as Senior Vice President and Chief Financial Officer, effective June 3, 2024.

Civista Bancshares experienced a significant decrease in net income for the first quarter of 2024, primarily due to exiting the tax refund processing business and other strategic changes.

Civista Bancshares has declared a second quarter dividend of 16 cents per common share, payable on May 22, 2024, to shareholders of record on May 7, 2024.

Civista Bancshares has authorized a new stock repurchase program of up to $13.5 million, replacing a previous program that had purchased $1.5 million of shares.

Civista Bancshares held its annual shareholder meeting, highlighting a 9% increase in net income and strong organic loan growth in 2023.

Civista Bancshares successfully held its annual shareholder meeting on April 16, 2024, electing all director nominees and approving key proposals including executive compensation and the 2024 Incentive Plan.

Civista Bancshares, Inc. will release its first quarter 2024 financial results before market open on April 30, 2024, and will host a conference call to discuss the results later that day.

Civista Bancshares has granted restricted stock awards to its senior officers as part of their 2023 bonus, with vesting over three years.

Civista Bancshares announced a first quarter dividend of $0.16 per share alongside a letter to shareholders detailing strong loan growth and record annual net income, while also acknowledging challenges from net interest margin contraction.

Civista Bancshares, Inc. has amended and restated its Supplemental Nonqualified Retirement Plan, effective January 1, 2024, to clarify provisions, eliminate duplicates, and adjust benefit calculations and vesting.

Civista Bancshares announced its unaudited financial results for the fourth quarter and full year of 2023, reporting a net income of $9.7 million for the quarter and $43.0 million for the year.

Civista Bancshares has declared a first quarter dividend of 16 cents per common share, payable on March 1, 2024, to shareholders of record on February 13, 2024.