Civista Bancshares Management
Management criteria checks 4/4
Civista Bancshares' CEO is Dennis Shaffer, appointed in Dec 2017, has a tenure of 7.67 years. total yearly compensation is $1.01M, comprised of 53.6% salary and 46.4% bonuses, including company stock and options. directly owns 0.25% of the company’s shares, worth $836.70K. The average tenure of the management team and the board of directors is 5.9 years and 4 years respectively.
Key information
Dennis Shaffer
Chief executive officer
US$1.0m
Total compensation
| CEO salary percentage | 53.6% |
| CEO tenure | 7yrs |
| CEO ownership | 0.2% |
| Management average tenure | 5.9yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
Civista Bancshares, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Nov 01
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 02Civista Bancshares' (NASDAQ:CIVB) Dividend Will Be Increased To US$0.14
Oct 14Three Things You Should Check Before Buying Civista Bancshares, Inc. (NASDAQ:CIVB) For Its Dividend
Apr 01What Type Of Shareholders Own The Most Number of Civista Bancshares, Inc. (NASDAQ:CIVB) Shares?
Mar 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$31m |
| 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 |
| Sep 30 2018 | n/a | n/a | US$9m |
| Jun 30 2018 | n/a | n/a | US$16m |
| Mar 31 2018 | n/a | n/a | US$17m |
| Dec 31 2017 | US$449k | US$302k | US$15m |
Compensation vs Market: Dennis's total compensation ($USD1.01M) is below average for companies of similar size in the US market ($USD2.16M).
Compensation vs Earnings: Dennis's compensation has been consistent with company performance over the past year.
CEO
Dennis Shaffer (61 yo)
7yrs
Tenure
US$1,006,128
Compensation
Mr. Dennis G. Shaffer has been President and Chief Executive Officer of Civista Bank since July 31, 2017. Mr. Shaffer serves as President and Chief Executive Officer at Civista Bancshares, Inc. since Decem...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7yrs | US$1.01m | 0.25% $ 836.7k | |
| Senior VP & COO | no data | US$596.07k | 0.19% $ 632.9k | |
| Independent Director | 10.7yrs | US$47.76k | 0.088% $ 294.7k | |
| Senior VP & Chief Lending Officer | no data | US$579.88k | 0.13% $ 448.7k | |
| Interim Principal Accounting Officer | less than a year | no data | no data | |
| Senior VP & Chief Information Officer | 4.8yrs | no data | 0.034% $ 115.4k | |
| Senior VP | 6yrs | no data | 0.034% $ 114.2k | |
| Senior VP & Customer Experience Officer | 7.9yrs | no data | 0.029% $ 97.2k | |
| Senior VP & Chief Risk Officer | 2.9yrs | no data | 0.013% $ 45.1k | |
| Senior Vice President of Retail Banking | 5.9yrs | no data | no data | |
| Senior VP & Chief Credit Officer | less than a year | no data | 0.019% $ 64.0k |
5.9yrs
Average Tenure
58.5yo
Average Age
Experienced Management: CIVB's management team is seasoned and experienced (5.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.7yrs | US$1.01m | 0.25% $ 836.7k | |
| Independent Director | 5.6yrs | US$47.76k | 0.088% $ 294.7k | |
| Director | 18.3yrs | US$31.46k | 0.19% $ 639.1k | |
| Independent Director | 7.3yrs | US$44.47k | 0.039% $ 131.8k | |
| Director | 1.4yrs | US$39.01k | 0.89% $ 3.0m | |
| Independent Director | 1.7yrs | US$30.01k | 0.017% $ 56.0k | |
| Chairman & Lead Independent Director | 9.7yrs | US$53.42k | 0.27% $ 904.9k | |
| Independent Director | 6.3yrs | US$46.58k | 0.079% $ 265.4k | |
| Independent Director | 2.4yrs | US$32.02k | 0.015% $ 49.3k | |
| Director | 1.4yrs | US$27.86k | 0.059% $ 199.7k | |
| Independent Director | 1.7yrs | US$27.71k | 0.012% $ 40.0k | |
| Director | 1.4yrs | US$41.90k | 0.055% $ 183.3k |
4.0yrs
Average Tenure
62.5yo
Average Age
Experienced Board: CIVB's board of directors are considered experienced (4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 15:50 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| 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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Civista Bancshares, Inc. is covered by 14 analysts. 6 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. |