Citizens Community Bancorp Q1 EPS $0.39 vs $0.35 YoY; NPAs down 31%

Citizens Community Bancorp Inc.

2024-Q1 EPS reported $0.39

Net income $4.1M ($0.39 diluted) up from $3.7M ($0.35) a year ago.
Nonperforming assets fell 31% to $10.6M; criticized loans down 25% to $28.5M.
Negative provision for credit losses of $800K due to improved credit quality.
Deposits grew $8.4M to $1.53B; FHLB advances reduced $40M.
Repurchased 50K shares at $11.95/share; TCE ratio 7.83%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Citizens Community Bancorp Inc. reported the first quarter ended March 31, 2024 results: net income $4.1 million, EPS $0.39 per diluted share.

Period: the first quarter ended March 31, 2024
Net income: $4.1 million
EPS: $0.39 per diluted share
Result: reported results

Exact text from the filing

On April 29, 2024, Citizens Community Bancorp, Inc. (the “Company”) issued a press release announcing our financial results for the three months ended March 31, 2024

View on SEC.gov

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Citizens Community Bancorp Inc. filing history →

Source: SEC EDGAR

accession 0001367859-24-000058

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