Civista Bancshares Management
Management criteria checks 2/4
Civista Bancshares' CEO is Dennis Shaffer, appointed in Dec 2017, has a tenure of 7.83 years. total yearly compensation is $2.31M, comprised of 24.1% salary and 75.9% bonuses, including company stock and options. directly owns 0.24% of the company’s shares, worth $929.77K. The average tenure of the management team and the board of directors is 6.2 years and 2.9 years respectively.
Key information
Dennis Shaffer
Chief executive officer
US$2.3m
Total compensation
| CEO salary percentage | 24.10% |
| CEO tenure | 7.8yrs |
| CEO ownership | 0.2% |
| Management average tenure | 6.2yrs |
| Board average tenure | 2.9yrs |
Recent management updates
Recent updates
Civista Bancshares, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Apr 27
Civista Bancshares, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Nov 01
Banking On Diversity And Innovation Amid Rising Funding Costs And Shrinking Margins
Shifting focus towards low-cost deposit attraction and exiting certain partnerships is aimed at improving financial health through better net interest margins.Earnings Miss: Civista Bancshares, Inc. Missed EPS By 11% And Analysts Are Revising Their Forecasts
May 03Civista Bancshares' (NASDAQ:CIVB) Upcoming Dividend Will Be Larger Than Last Year's
Aug 01Should You Be Adding Civista Bancshares (NASDAQ:CIVB) To Your Watchlist Today?
Jul 22Civista Bancshares (NASDAQ:CIVB) Has Affirmed Its Dividend Of $0.15
May 04Civista Bancshares (NASDAQ:CIVB) Has Announced A Dividend Of $0.14
Feb 09Civista Bancshares, Inc. Just Missed Earnings - But Analysts Have Updated Their Models
May 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2025 | n/a | n/a | US$39m |
| Mar 31 2025 | n/a | n/a | US$35m |
| Dec 31 2024 | US$2m | US$557k | US$31m |
| Sep 30 2024 | n/a | n/a | US$30m |
| Jun 30 2024 | n/a | n/a | US$32m |
| Mar 31 2024 | n/a | n/a | US$35m |
| Dec 31 2023 | US$1m | US$540k | US$41m |
| Sep 30 2023 | n/a | n/a | US$44m |
| Jun 30 2023 | n/a | n/a | US$45m |
| Mar 31 2023 | n/a | n/a | US$43m |
| Dec 31 2022 | US$924k | US$513k | US$39m |
| Sep 30 2022 | n/a | n/a | US$38m |
| Jun 30 2022 | n/a | n/a | US$37m |
| Mar 31 2022 | n/a | n/a | US$38m |
| Dec 31 2021 | US$848k | US$469k | US$40m |
| Sep 30 2021 | n/a | n/a | US$40m |
| Jun 30 2021 | n/a | n/a | US$38m |
| Mar 31 2021 | n/a | n/a | US$35m |
| Dec 31 2020 | US$759k | US$444k | US$32m |
| Sep 30 2020 | n/a | n/a | US$30m |
| Jun 30 2020 | n/a | n/a | US$30m |
| Mar 31 2020 | n/a | n/a | US$32m |
| Dec 31 2019 | US$669k | US$408k | US$33m |
| Sep 30 2019 | n/a | n/a | US$33m |
| Jun 30 2019 | n/a | n/a | US$22m |
| Mar 31 2019 | n/a | n/a | US$16m |
| Dec 31 2018 | US$544k | US$350k | US$13m |
Compensation vs Market: Dennis's total compensation ($USD2.31M) is about average for companies of similar size in the US market ($USD2.39M).
Compensation vs Earnings: Dennis's compensation has increased by more than 20% in the past year.
CEO
Dennis Shaffer (62 yo)
Mr. Dennis G. Shaffer is Chairman of Civista Bancshares, Inc. from July 2025. Mr. Dennis G. Shaffer was President of Civista Bank from January 01, 2018 until January 2025. Mr. Shaffer is CEO of Civista Ban...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.8yrs | US$2.31m | 0.24% $ 929.8k | |
| Interim Principal Accounting Officer | 1.3yrs | US$324.90k | 0.019% $ 75.6k | |
| Senior VP & COO | no data | US$1.09m | 0.19% $ 722.1k | |
| Senior VP | 6.8yrs | US$528.45k | 0.036% $ 141.2k | |
| Independent Director | 11.5yrs | US$43.33k | 0.078% $ 304.1k | |
| Senior VP & Chief Information Officer | 5.7yrs | no data | 0.032% $ 122.9k | |
| Senior VP & Customer Experience Officer | 8.8yrs | no data | 0.027% $ 103.7k | |
| Senior VP & Chief Retail Officer | 6.2yrs | no data | 0.021% $ 82.0k | |
| Senior VP & Chief Risk Officer | 3.8yrs | no data | 0.014% $ 54.3k | |
| Senior Vice President | 6.8yrs | no data | no data | |
| Senior VP & Chief Credit Officer | 1.8yrs | no data | 0.026% $ 100.8k | |
| Senior VP & Chief Lending Officer | less than a year | no data | 0.039% $ 149.9k |
Experienced Management: CIVB's management team is seasoned and experienced (6.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.5yrs | US$2.31m | 0.24% $ 929.8k | |
| Independent Director | 6.4yrs | US$43.33k | 0.078% $ 304.1k | |
| Independent Director | 8.1yrs | US$39.93k | 0.038% $ 149.2k | |
| Independent Director | 2.3yrs | US$41.61k | 0.75% $ 2.9m | |
| Independent Director | 2.5yrs | US$44.86k | 0.025% $ 98.7k | |
| Lead Independent Director | 10.5yrs | US$52.63k | 0.23% $ 880.3k | |
| Independent Director | 7.1yrs | US$52.11k | 0.070% $ 271.3k | |
| Director | less than a year | US$911.13k | 0.13% $ 499.3k | |
| Independent Director | 3.3yrs | US$31.95k | 0.017% $ 67.3k | |
| Independent Director | 2.3yrs | US$35.41k | 0.066% $ 256.6k | |
| Independent Director | 2.5yrs | US$36.43k | 0.018% $ 71.6k | |
| Independent Director | 2.3yrs | US$43.62k | 0.071% $ 274.3k |
Experienced Board: CIVB's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/03 04:13 |
| End of Day Share Price | 2025/10/03 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Civista Bancshares, Inc. is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Beury | Boenning & Scattergood, Inc. |
| Manuel Navas | D.A. Davidson & Co. |
| null null | D.A. Davidson & Co. |