Citizens Community Bancorp (NASDAQ:CZWI) Releases Quarterly Earnings Results, Beats Estimates By $0.13 EPS

Citizens Community Bancorp (NASDAQ:CZWI) issued its quarterly earnings results on Monday. The bank reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.13, Yahoo Finance reports. The company had revenue of $25.94 million during the quarter, compared to analysts’ expectations of $13.90 million. Citizens Community Bancorp had a net margin of 13.69% and a return on equity of 8.20%.

Citizens Community Bancorp Stock Performance

NASDAQ:CZWI remained flat at $11.00 during trading hours on Wednesday. 942 shares of the company’s stock were exchanged, compared to its average volume of 24,539. The company’s 50 day simple moving average is $11.65 and its 200 day simple moving average is $11.17. The stock has a market cap of $115.06 million, a price-to-earnings ratio of 8.53 and a beta of 1.01. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.97 and a current ratio of 0.98. Citizens Community Bancorp has a fifty-two week low of $7.61 and a fifty-two week high of $12.61.

Analyst Upgrades and Downgrades

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

About Citizens Community Bancorp

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.