Civista raises $80.5M equity, acquires Farmers Savings Bank, Q2 EPS up 58%

CIVISTA BANCSHARES, INC.

Announced $80.5M public offering of common shares at $21.25 (approx 3.8M shares).
Agreed to acquire The Farmers Savings Bank; anticipated close Q4 2025, system conversion Q1 2026.
Q2 2025 EPS of $0.71, up 58% from Q2 2024; recast to $0.58 using estimated Q3 share count.
Capital raise reduced overnight borrowings, saving ~$800K per quarter; loan/deposit growth guidance 3-5% through year-end.
Promoted Robert L. Katitus to SVP and Chief Lending Officer in August 2025.

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