Royce & Associates LP Invests $5.58 Million in Civista Bancshares

Firm purchases nearly 275,000 shares of regional bank

Published on Mar. 5, 2026

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Royce & Associates LP, an investment management firm, has purchased a new stake in Civista Bancshares, Inc. (NASDAQ:CIVB), a regional bank headquartered in Saginaw, Michigan. According to a recent SEC filing, Royce & Associates acquired 274,958 shares of Civista Bancshares, valued at approximately $5.58 million, giving the firm a 1.42% ownership stake in the bank.

Why it matters

This investment by Royce & Associates, a well-known institutional investor, suggests confidence in Civista Bancshares' financial performance and growth potential. As a regional bank serving individuals, small- and mid-sized businesses, and nonprofit organizations, Civista Bancshares' ability to attract institutional investment could signal broader interest in community banking models.

The details

Royce & Associates purchased the new stake in Civista Bancshares during the third quarter of the year, according to the SEC filing. The investment firm now owns approximately 1.42% of Civista Bancshares' outstanding shares. In addition to Royce & Associates, other institutional investors have also added to or reduced their positions in Civista Bancshares, including AQR Capital Management, Empowered Funds, and Acadian Asset Management.

Royce & Associates purchased the new stake in Civista Bancshares during the third quarter of the year.

The players