---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-123784"
form_type: "8-K"
ticker: "CIVB"
cik: "0000944745"
company_name: "CIVISTA BANCSHARES, INC."
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T05:17:28.825602+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Civista Q1 net income drops 50% to $6.4M; EPS $0.41 vs $0.82 YoY

## Summary
- Net income $6.4M ($0.41 diluted EPS) vs $12.9M ($0.82) in Q1 2023.
- Net interest income fell 13.0% to $28.4M; net interest margin narrowed 77 bps to 3.22%.
- Noninterest income down 23.2% to $8.5M, driven by exit from tax refund processing ($1.9M loss) and loss of $1.5M MasterCard bonus.
- Total deposits flat at $2.98B; noninterest-bearing demand deposits fell 8.3% to $708M.
- Provision for credit losses rose to $2.0M from $620K; allowance-to-loans ratio 1.34%.

## SEC filing metadata
- accession: 0001193125-24-123784
- form_type: 8-K
- ticker: CIVB
- cik: 0000944745
- company_name: CIVISTA BANCSHARES, INC.
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/944745/000119312524123784/0001193125-24-123784-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/944745/000119312524123784/d806092d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-123784
- JSON: https://secwatch.observer/filing/0001193125-24-123784.json
- Plain text: https://secwatch.observer/filing/0001193125-24-123784.txt

## Key facts
- Earnings Releases
  CIVISTA BANCSHARES, INC. reported three-month period ended March 31, 2024 results: net income $6.4 million, EPS $0.41 per diluted share.
  - Period: three-month period ended March 31, 2024
  - Net income: $6.4 million
  - EPS: $0.41 per diluted share
  - Result: preliminary results
  source text: On April 30, 2024, Civista Bancshares, Inc. announced preliminary unaudited earnings for the three-month period ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/944745/000119312524123784/0001193125-24-123784-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.