Civista Return On Tangible Assets from 2010 to 2024

CIVB Stock  USD 22.81  0.01  0.04%   
Civista Bancshares' Return On Tangible Assets are increasing over the years with slightly volatile fluctuation. Return On Tangible Assets are expected to dwindle to 0.01. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.01152966
Current Value
0.006004
Quarterly Volatility
0.00362527
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Civista Bancshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Civista Bancshares' main balance sheet or income statement drivers, such as Depreciation And Amortization of 13 M, Interest Expense of 60.1 M or Selling General Administrative of 62.9 M, as well as many indicators such as Price To Sales Ratio of 1.66, Dividend Yield of 0.0501 or PTB Ratio of 1.33. Civista financial statements analysis is a perfect complement when working with Civista Bancshares Valuation or Volatility modules.
  
Check out the analysis of Civista Bancshares Correlation against competitors.
For information on how to trade Civista Stock refer to our How to Trade Civista Stock guide.

Latest Civista Bancshares' Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Civista Bancshares over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Civista Bancshares' Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Civista Bancshares' overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Civista Return On Tangible Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation37.34
Mean Deviation0
Median0.01
Standard Deviation0
Sample Variance0.000013
Range0.0116
R-Value0.36
Mean Square Error0.000012
R-Squared0.13
Significance0.19
Slope0.0003
Total Sum of Squares0.0002

Civista Return On Tangible Assets History

2024 0.006004
2023 0.0115
2022 0.0116
2021 0.0138
2020 0.012
2019 0.0152
2018 0.006888

About Civista Bancshares Financial Statements

Civista Bancshares stakeholders use historical fundamental indicators, such as Civista Bancshares' Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Civista Bancshares investors may analyze each financial statement separately, they are all interrelated. For example, changes in Civista Bancshares' assets and liabilities are reflected in the revenues and expenses on Civista Bancshares' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Civista Bancshares. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Civista Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Civista Bancshares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Civista Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Civista Bancshares Stock:
Check out the analysis of Civista Bancshares Correlation against competitors.
For information on how to trade Civista Stock refer to our How to Trade Civista Stock guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Civista Bancshares. If investors know Civista will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Civista Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.20)
Dividend Share
0.64
Earnings Share
2
Revenue Per Share
9.566
Quarterly Revenue Growth
(0.03)
The market value of Civista Bancshares is measured differently than its book value, which is the value of Civista that is recorded on the company's balance sheet. Investors also form their own opinion of Civista Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Civista Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Civista Bancshares' market value can be influenced by many factors that don't directly affect Civista Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Civista Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Civista Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Civista Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.