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

Citizens Community Bancorp (NASDAQ:CZWI) issued its quarterly earnings data on Monday. The bank reported $0.56 EPS for the quarter, topping the consensus estimate of $0.44 by $0.12, FiscalAI reports. Citizens Community Bancorp had a return on equity of 6.77% and a net margin of 12.94%. The business had revenue of $17.37 million for the quarter, compared to the consensus estimate of $16.90 million.

Citizens Community Bancorp Price Performance

Shares of Citizens Community Bancorp stock opened at $21.42 on Monday. The firm has a market cap of $206.70 million, a price-to-earnings ratio of 16.35 and a beta of 0.50. Citizens Community Bancorp has a one year low of $15.50 and a one year high of $24.42. The stock’s 50-day moving average is $21.33 and its 200 day moving average is $21.44.

Analyst Ratings Changes

CZWI has been the topic of a number of research reports. Weiss Ratings lowered Citizens Community Bancorp from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, August 21st. Wall Street Zen raised Citizens Community Bancorp from a “sell” rating to a “hold” rating in a report on Saturday, October 10th. Zacks Research downgraded shares of Citizens Community Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 29th. Brean Capital downgraded Citizens Community Bancorp from a “buy” rating to a “neutral” rating and set a $23.00 price target on the stock. in a research report on Friday, August 7th. Finally, Hovde Group lowered shares of Citizens Community Bancorp from an “outperform” rating to a “market perform” rating and raised their target price for the company from $21.00 to $24.00 in a report on Friday, July 10th. One research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Citizens Community Bancorp presently has a consensus rating of “Hold” and an average price target of $23.50.

Citizens Community Bancorp Company Profile

Citizens Community Bancorp, Inc is a bank holding company headquartered in Eau Claire, Wisconsin. Through its subsidiary, Citizens Community Federal National Association, the company provides community banking services to individuals, families, farmers and businesses.

The bank offers deposit products such as checking, savings, money market and certificate accounts, along with lending services. Its loan portfolio includes residential and commercial real estate, agricultural, commercial and industrial, and consumer loans.