Citizens Community Bancorp (NASDAQ:CZWI) Posts Earnings Results, Beats Estimates By $0.12 EPS

Citizens Community Bancorp (NASDAQ:CZWIGet Free Report) issued its quarterly earnings data on Monday. The bank reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.12, MarketWatch Earnings reports. The firm had revenue of $24.51 million during the quarter, compared to analyst estimates of $13.90 million. Citizens Community Bancorp had a return on equity of 8.09% and a net margin of 13.82%.

Citizens Community Bancorp Trading Up 1.1 %

CZWI opened at $12.44 on Wednesday. The firm has a market cap of $130.25 million, a P/E ratio of 9.95 and a beta of 1.02. Citizens Community Bancorp has a 12 month low of $7.61 and a 12 month high of $12.99. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.69. The stock has a 50-day moving average of $11.32 and a 200 day moving average of $10.37.

Citizens Community Bancorp Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Friday, February 23rd. Stockholders of record on Friday, February 9th will be given a dividend of $0.32 per share. This is a positive change from Citizens Community Bancorp’s previous annual dividend of $0.29. The ex-dividend date of this dividend is Thursday, February 8th. This represents a dividend yield of 2.6%. Citizens Community Bancorp’s dividend payout ratio (DPR) is presently 23.20%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Alliancebernstein L.P. grew its position in Citizens Community Bancorp by 7.9% in the second quarter. Alliancebernstein L.P. now owns 914,962 shares of the bank’s stock worth $8,098,000 after acquiring an additional 66,926 shares in the last quarter. BlackRock Inc. grew its position in Citizens Community Bancorp by 3.0% in the second quarter. BlackRock Inc. now owns 87,211 shares of the bank’s stock worth $772,000 after acquiring an additional 2,572 shares in the last quarter. Geode Capital Management LLC grew its position in Citizens Community Bancorp by 3.5% in the second quarter. Geode Capital Management LLC now owns 65,834 shares of the bank’s stock worth $583,000 after acquiring an additional 2,213 shares in the last quarter. Northern Trust Corp lifted its stake in Citizens Community Bancorp by 7.8% in the second quarter. Northern Trust Corp now owns 19,646 shares of the bank’s stock worth $174,000 after purchasing an additional 1,419 shares during the last quarter. Finally, State Street Corp lifted its stake in Citizens Community Bancorp by 3.3% in the first quarter. State Street Corp now owns 52,732 shares of the bank’s stock worth $559,000 after purchasing an additional 1,665 shares during the last quarter. Hedge funds and other institutional investors own 54.24% of the company’s stock.

Citizens Community Bancorp Company Profile

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Citizens Community Bancorp, Inc operates as a bank holding company for Citizens Community Federal N.A. that provides various traditional community banking services to businesses, agricultural operators, and consumers. The company accepts various deposit products, including demand deposits, savings and money market accounts, and certificates of deposit.

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Earnings History for Citizens Community Bancorp (NASDAQ:CZWI)

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