earnings
confidence high
sentiment neutral
materiality 0.60
CZWI Q4 EPS $0.45, annual dividend raised 12% to $0.29/share
Citizens Community Bancorp Inc.
2022-FY EPS reported
$1.69
- Q4 net income $4.7M ($0.45 diluted EPS); FY22 net income $17.8M ($1.69 EPS) vs $21.3M ($1.98 EPS) prior year.
- Net interest margin (excl. purchase accretion) flat at 3.33% vs Q3; net interest income $14.5M.
- Originated loans grew $46.3M in Q4; net loan growth 2.6% linked-quarter to $1.412B.
- Board declared $0.29 annual dividend, a 12% increase; record Feb 3, payable Feb 17, 2023.
- Efficiency ratio improved to 61% from 64% QoQ; substandard loans dropped $2.9M to $17.3M.