---
schema_version: "secwatch.filing_event.v1"
accession: "0001367859-24-000009"
form_type: "8-K"
ticker: "CZWI"
cik: "0001367859"
company_name: "Citizens Community Bancorp Inc."
filed_at: "2024-01-29T23:59:59+00:00"
generated_at: "2026-06-06T15:47:53.542694+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Citizens Community Bancorp Q4 2023 EPS $0.35; annual dividend raised 10% to $0.32

## Summary
- Net income $3.7M, $0.35 diluted EPS; full-year EPS $1.25 vs $1.69 prior year.
- Total deposits grew $45.9M QoQ to $1.52B; FHLB advances reduced $35M.
- Net interest margin (ex-accretion) 2.67%, down from 2.76% prior quarter.
- Negative provision for credit losses of $0.7M on net recoveries and improved economic outlook.
- Board declared $0.32 annual dividend (10% increase) payable Feb 23, 2024.

## SEC filing metadata
- accession: 0001367859-24-000009
- form_type: 8-K
- ticker: CZWI
- cik: 0001367859
- company_name: Citizens Community Bancorp Inc.
- filed_at: 2024-01-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1367859/000136785924000009/0001367859-24-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1367859/000136785924000009/czwi-20240129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001367859-24-000009
- JSON: https://secwatch.observer/filing/0001367859-24-000009.json
- Plain text: https://secwatch.observer/filing/0001367859-24-000009.txt

## Key facts
- Earnings Releases
  Citizens Community Bancorp Inc. reported the fiscal year ended December 31, 2023 results: net income $13.1 million, EPS $1.25 per diluted share.
  - Period: the fiscal year ended December 31, 2023
  - Net income: $13.1 million
  - EPS: $1.25 per diluted share
  - Result: reported results
  source text: For the fiscal year ended December 31, 2023, earnings were $13.1 million, or $1.25 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1367859/000136785924000009/0001367859-24-000009-index.htm
- Earnings Releases
  Citizens Community Bancorp Inc. reported the quarter ended December 31, 2023 results: revenue $11.7 million, net income $3.7 million, EPS $0.35 per diluted share.
  - Period: the quarter ended December 31, 2023
  - Revenue: $11.7 million
  - Net income: $3.7 million
  - EPS: $0.35 per diluted share
  - Result: reported results
  source text: per diluted share, which is a decrease from $17.8 million, or $1.69 per diluted share, for the same period in the prior year. • Net interest income decreased $0.4 million to $11.7 million for the fourth quarter of 2023, from $12.1 million the previous quarter and decreased $2.7 million from the fourth quarter of 2022. The decrease in net interest income from the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1367859/000136785924000009/0001367859-24-000009-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.