Citizens Community Bancorp (NASDAQ:CZWI) Releases Quarterly Earnings Results, Beats Estimates By $0.07 EPS

Citizens Community Bancorp (NASDAQ:CZWI) posted its earnings results on Monday. The bank reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.07, FiscalAI reports. Citizens Community Bancorp had a net margin of 13.08% and a return on equity of 7.05%.

Citizens Community Bancorp Stock Down 1.7%

Shares of NASDAQ:CZWI opened at $18.20 on Monday. The stock has a market capitalization of $175.81 million, a PE ratio of 14.11 and a beta of 0.65. The firm’s 50 day moving average price is $17.79 and its 200-day moving average price is $16.52. Citizens Community Bancorp has a twelve month low of $12.69 and a twelve month high of $18.99.

Wall Street Analyst Weigh In

CZWI has been the topic of a number of recent research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Citizens Community Bancorp in a research note on Wednesday. Zacks Research cut Citizens Community Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 2nd. Two analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its holdings in shares of Citizens Community Bancorp by 0.6% in the third quarter. Vanguard Group Inc. now owns 559,094 shares of the bank’s stock worth $8,985,000 after purchasing an additional 3,320 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Citizens Community Bancorp by 2.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 329,168 shares of the bank’s stock valued at $5,290,000 after buying an additional 6,388 shares in the last quarter. Geode Capital Management LLC increased its stake in Citizens Community Bancorp by 116.2% in the 2nd quarter. Geode Capital Management LLC now owns 214,308 shares of the bank’s stock worth $2,958,000 after acquiring an additional 115,171 shares during the last quarter. UBS Group AG raised its holdings in shares of Citizens Community Bancorp by 408.9% during the 3rd quarter. UBS Group AG now owns 75,853 shares of the bank’s stock worth $1,219,000 after acquiring an additional 60,949 shares in the last quarter. Finally, Empowered Funds LLC boosted its position in shares of Citizens Community Bancorp by 3.4% during the 1st quarter. Empowered Funds LLC now owns 61,373 shares of the bank’s stock valued at $883,000 after acquiring an additional 2,041 shares during the last quarter. 55.11% of the stock is currently owned by institutional investors.

Citizens Community Bancorp Company Profile

Citizens Community Bancorp, Inc is a bank holding company headquartered in Columbia Station, Ohio. Its primary subsidiary, Citizens Community Savings Bank, offers a range of community banking services to individuals and businesses. The company operates through a network of branch offices in Lorain and Medina counties and surrounding communities, providing personalized financial solutions with a focus on local relationships and customer service.

The bank’s deposit products include checking and savings accounts, money market accounts and certificates of deposit, while its lending portfolio features residential mortgage loans, home equity lines of credit, commercial real estate loans, and small-business financing.