Quarterly ResultApr 27, 2026, 08:46 AM
CZWI Q1 EPS $0.39; Board Approves $0.105 Quarterly Dividend
AI Summary
Citizens Community Bancorp Inc. reported Q1 2026 earnings of $0.39 per diluted share, down from $0.44 in Q4 2025 but up from $0.32 in Q1 2025. The company saw loan growth of 1.3% and deposit growth of 2.7%, with net interest margin increasing by 3 basis points. The Board of Directors also approved a quarterly cash dividend of $0.105 per share. However, the provision for credit losses increased, and nonperforming assets rose by $1.5 million.
Key Highlights
- Q1 2026 diluted EPS was $0.39, with net income of $3.8 million.
- Board approved a quarterly cash dividend of $0.105 per share.
- Loans receivable increased $17.9 million, or 1.3%, to $1.358 billion.
- Total deposits grew $41.5 million, or 2.7%, to $1.566 billion.
- Net interest margin increased 3 basis points to 3.18% QoQ.
- Book value per share improved to $19.82 at March 31, 2026.
- Nonperforming assets increased $1.5 million to $18.2 million.
- Provision for credit losses was $0.75 million, up from $0.20 million QoQ.
Price Impact
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