Citizens Community Bancorp (NASDAQ:CZWI) Issues Quarterly Earnings Results, Hits Expectations

Citizens Community Bancorp (NASDAQ:CZWI) released its quarterly earnings results on Monday. The bank reported $0.27 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.27, Zacks reports. Citizens Community Bancorp had a return on equity of 8.64% and a net margin of 14.70%.

Citizens Community Bancorp Price Performance

Citizens Community Bancorp stock opened at $15.72 on Wednesday. The firm has a market cap of $157.67 million, a PE ratio of 11.15 and a beta of 1.08. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.95 and a quick ratio of 0.95. The stock’s fifty day moving average price is $16.26 and its two-hundred day moving average price is $14.49. Citizens Community Bancorp has a one year low of $10.14 and a one year high of $17.04.

Citizens Community Bancorp Increases Dividend

The business also recently declared an annual dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be paid a $0.36 dividend. This is a boost from Citizens Community Bancorp’s previous annual dividend of $0.32. This represents a dividend yield of 2%. The ex-dividend date of this dividend is Friday, February 7th. Citizens Community Bancorp’s payout ratio is 22.70%.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Citizens Community Bancorp from a “buy” rating to a “hold” rating in a research report on Thursday, January 23rd.

Citizens Community Bancorp Company Profile

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. It accepts various deposit products, including demand deposits, savings and money market accounts, and certificates of deposit.