secwatch.observer — SEC 8-K summary
======================================

Issuer:     Citizens Community Bancorp Inc. (CZWI)
CIK:        0001367859
Form:       8-K
Filed at:   2024-01-29T23:59:59+00:00
Accession:  0001367859-24-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1367859/000136785924000009/0001367859-24-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1367859/000136785924000009/czwi-20240129.htm
  HTML page:      https://secwatch.observer/filing/0001367859-24-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer