earnings
confidence high
sentiment negative
materiality 0.80
Citizens Community Bancorp Q2 EPS $0.11, down from $0.39 Q1; provision for credit losses surges to $4.33M
Citizens Community Bancorp Inc.
- Q2 2026 net income $1.1M ($0.11 diluted EPS) vs $3.8M ($0.39) in Q1 2026 and $3.3M ($0.33) in Q2 2025.
- Provision for credit losses increased to $4.33M in Q2 from $0.75M in Q1, driven by $3.1M in specific reserves on nonaccrual loans.
- Nonperforming assets rose $14.2M to $32.4M at June 30, 2026, from $18.2M at March 31, 2026, due to three loan relationships.
- Net interest margin improved to 3.22% from 3.18% linked quarter; net interest income up $0.5M to $13.5M.
- Board declared $0.105 per share quarterly dividend, payable Aug 21, 2026 to holders of record Aug 7, 2026.