Citizens Community Bancorp Q4 earnings rise on loan growth, credit quality

Overview

• Wisconsin-based bank's Q4 earnings rose to $4.3 mln, with EPS up to $0.44

• Company's Q4 loan growth was $17.3 mln, deposit growth was $43.5 mln

• Company repurchased 250,000 shares, boosting book value per share

Outlook

• Company anticipates continued net interest margin expansion due to improved deposit quality

• Citizens Community Bancorp expects promising loan growth entering 2026

• Company transitions to quarterly dividend strategy

Result Drivers

• LOAN AND DEPOSIT GROWTH - Q4 loan growth of $17.3 mln driven by multi-family and C&I loan originations; deposit growth of $43.5 mln due to retail and public deposits

• LOWER CREDIT LOSSES - Provision for credit losses decreased to $0.2 mln from $0.7 mln in Q3, reflecting improved loan quality

• TAX RATE REDUCTION - Effective tax rate decreased due to new tax credit investments, lowering tax expense by $0.2 mln

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the banks peer group is "buy."

• Wall Street's median 12-month price target for Citizens Community Bancorp Inc is $18.75, about 3% above its January 23 closing price of $18.20

• The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nGNX7Nxpvl

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.