Citizens Community Bancorp (CZWI) Set to Announce Quarterly Earnings on Tuesday

Citizens Community Bancorp (NASDAQ:CZWI) is set to issue its quarterly earnings data on Tuesday, April 23rd.

Citizens Community Bancorp (NASDAQ:CZWI) last announced its quarterly earnings data on Monday, January 29th. The bank reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.12. Citizens Community Bancorp had a net margin of 13.82% and a return on equity of 7.99%. The business had revenue of $24.51 million during the quarter, compared to analyst estimates of $13.90 million. On average, analysts expect Citizens Community Bancorp to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Citizens Community Bancorp Trading Up 2.7 %

Shares of CZWI opened at $10.97 on Monday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.98 and a quick ratio of 0.97. Citizens Community Bancorp has a 1 year low of $7.61 and a 1 year high of $12.61. The company has a 50 day simple moving average of $11.79 and a two-hundred day simple moving average of $11.10. The firm has a market cap of $114.75 million, a P/E ratio of 8.78 and a beta of 1.01.

Citizens Community Bancorp Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, February 23rd. Shareholders of record on Friday, February 9th were issued a dividend of $0.32 per share. This is a positive change from Citizens Community Bancorp’s previous annual dividend of $0.29. This represents a yield of 2.6%. The ex-dividend date was Thursday, February 8th. Citizens Community Bancorp’s dividend payout ratio (DPR) is 25.60%.

Wall Street Analyst Weigh In

CZWI has been the subject of a number of research analyst reports. StockNews.com initiated coverage on shares of Citizens Community Bancorp in a report on Sunday, March 10th. They set a “hold” rating for the company. Hovde Group raised shares of Citizens Community Bancorp from a “market perform” rating to an “outperform” rating in a report on Monday, March 4th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of CZWI. Northern Trust Corp grew its holdings in shares of Citizens Community Bancorp by 7.8% in the second quarter. Northern Trust Corp now owns 19,646 shares of the bank’s stock valued at $174,000 after purchasing an additional 1,419 shares in the last quarter. Millennium Management LLC bought a new stake in Citizens Community Bancorp in the fourth quarter worth $178,000. Jane Street Group LLC bought a new stake in Citizens Community Bancorp in the fourth quarter worth $281,000. Renaissance Technologies LLC lifted its position in Citizens Community Bancorp by 46.5% in the fourth quarter. Renaissance Technologies LLC now owns 27,566 shares of the bank’s stock worth $332,000 after buying an additional 8,751 shares during the last quarter. Finally, Morgan Stanley lifted its position in Citizens Community Bancorp by 47.5% in the fourth quarter. Morgan Stanley now owns 27,835 shares of the bank’s stock worth $335,000 after buying an additional 8,962 shares during the last quarter. 55.11% of the stock is owned by hedge funds and other institutional investors.

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.