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Civista Bancshares (Civista Bancshares) Debt-to-Equity : 1.22 (As of Dec. 2023)


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What is Civista Bancshares Debt-to-Equity?

Civista Bancshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $338.0 Mil. Civista Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $116.2 Mil. Civista Bancshares's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $372.0 Mil. Civista Bancshares's debt to equity for the quarter that ended in Dec. 2023 was 1.22.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Civista Bancshares's Debt-to-Equity or its related term are showing as below:

CIVB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.44   Med: 0.76   Max: 1.85
Current: 1.22

During the past 13 years, the highest Debt-to-Equity Ratio of Civista Bancshares was 1.85. The lowest was 0.44. And the median was 0.76.

CIVB's Debt-to-Equity is ranked worse than
70.21% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs CIVB: 1.22

Civista Bancshares Debt-to-Equity Historical Data

The historical data trend for Civista Bancshares's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Civista Bancshares Debt-to-Equity Chart

Civista Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.44 0.50 1.85 1.22

Civista Bancshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.85 0.96 0.75 1.65 1.22

Competitive Comparison of Civista Bancshares's Debt-to-Equity

For the Banks - Regional subindustry, Civista Bancshares's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Civista Bancshares's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Civista Bancshares's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Civista Bancshares's Debt-to-Equity falls into.



Civista Bancshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Civista Bancshares's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Civista Bancshares's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Civista Bancshares  (NAS:CIVB) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Civista Bancshares Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Civista Bancshares's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Civista Bancshares (Civista Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
100 East Water Street, P.O. Box 5016, Sandusky, OH, USA, 44870
Civista Bancshares Inc is a financial holding company. Operating through its subsidiary, it engages in the business of community banking. Its business activity involves collecting customer deposits, making loans, purchasing securities, and offering trust services to its clients. The company's loan portfolio includes commercial and agriculture, commercial real estate-owner occupied, commercial real estate non-owner occupied, residential real estate, real estate construction, and consumer loans. Majority of its revenues are derived from the interest and fees gained on loans.
Executives
Gerald B Wurm other: Affiliate Director 100 EAST WATER STREET, SANDUSKY OH 44870
Darci L Congrove director 756 JAEGER STREET, COLUMBUS OH 43206
Mark J. Macioce director 10585 WYNDTREE DRIVE, CONCORD TOWNSHIP OH 44077
Nathan E Weaks other: Subsidiary Director 1514 COUNTY ROAD 4-1, SWANTON OH 43558
Julie A Mattlin director 6368 COOK ROAD, GUILFORD IN 47022
Allen R Nickles director 100 EAST WATER STREET, SANDUSKY OH 44870
Lorina W Wise director 9224 JACKIES BEND, REYNOLDSBURG OH 43068
William F Ritzmann director 19813 LAKEVIEW DRIVE, LAWRENCEBURG IN 47025
Perfect Clyde A Jr other: Subsidiary Director 20760 MOUNT PLEASANT ROAD, LAWRENCEBURG IN 47025
Edwards Russell L Jr officer: Senior Vice President 3630 LUDGATE ROAD, SHAKER HEIGHTS OH 44120
Kessler Carl A Iii officer: Senior Vice President 4529 SECRETARIAT COURT, AVON OH 44011
Curry Robert L Jr officer: Senior Vice President 720 JASMINE AVENUE, MARBLEHEAD OH 43440-1844
Harry Singer other: Subsidiary Director 5309 GOLFWAY LANE, LYNDHURST OH 44124
Barry W Boerger director 12175 URBANNA WOODSTOCK PK, MILFORD CENTER OH 43045
Murray Dennis E Jr director 2035 CEDAR POINT ROAD, SANDUSKY OH 44870