Key Points
- Director purchase: Director Francis Felber bought 1,000 shares at $20.60 on May 4 for $20,600, increasing his stake 5.01% to 20,950 shares (worth about $431,570), as disclosed in an SEC filing.
- Dividend announced: The company declared a quarterly dividend of $0.105 per share (annualized $0.42), with an ex-dividend date of May 8 and payable on May 22, implying a ~2.0% yield and a 27.45% payout ratio.
- Quarterly results: Citizens Community Bancorp reported $0.39 EPS vs $0.36 expected and revenue of $16.11M vs $15.70M, while the firm has a market cap of about $203.6M and a P/E of ~13.8.
Citizens Community Bancorp, Inc. (NASDAQ:CZWI - Get Free Report) Director Francis Felber purchased 1,000 shares of the business's stock in a transaction that occurred on Monday, May 4th. The stock was bought at an average price of $20.60 per share, with a total value of $20,600.00. Following the completion of the purchase, the director owned 20,950 shares of the company's stock, valued at $431,570. This trade represents a 5.01% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Citizens Community Bancorp Price Performance
Shares of CZWI opened at $21.14 on Wednesday. Citizens Community Bancorp, Inc. has a one year low of $12.83 and a one year high of $22.62. The company has a market cap of $203.58 million, a P/E ratio of 13.82 and a beta of 0.54. The firm has a 50 day simple moving average of $19.46 and a two-hundred day simple moving average of $18.20.
Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last announced its quarterly earnings data on Monday, April 27th. The bank reported $0.39 EPS for the quarter, beating the consensus estimate of $0.36 by $0.03. Citizens Community Bancorp had a net margin of 15.02% and a return on equity of 8.05%. The business had revenue of $16.11 million during the quarter, compared to the consensus estimate of $15.70 million. On average, analysts expect that Citizens Community Bancorp, Inc. will post 1.75 earnings per share for the current fiscal year.
Citizens Community Bancorp Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Friday, May 8th will be given a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 2.0%. The ex-dividend date is Friday, May 8th. Citizens Community Bancorp's payout ratio is currently 27.45%.
Wall Street Analyst Weigh In
Separately, Weiss Ratings upgraded shares of Citizens Community Bancorp from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, March 20th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Citizens Community Bancorp has a consensus rating of "Moderate Buy".
Get Our Latest Stock Report on Citizens Community Bancorp
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Daytona Street Capital LLC bought a new stake in shares of Citizens Community Bancorp during the fourth quarter worth $2,702,000. GSA Capital Partners LLP grew its stake in shares of Citizens Community Bancorp by 40.9% during the third quarter. GSA Capital Partners LLP now owns 24,054 shares of the bank's stock worth $387,000 after buying an additional 6,985 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of Citizens Community Bancorp by 37.5% during the third quarter. BNP Paribas Financial Markets now owns 2,816 shares of the bank's stock worth $45,000 after buying an additional 768 shares during the last quarter. Osaic Holdings Inc. grew its stake in shares of Citizens Community Bancorp by 858.5% during the second quarter. Osaic Holdings Inc. now owns 3,000 shares of the bank's stock worth $41,000 after buying an additional 2,687 shares during the last quarter. Finally, Hsbc Holdings PLC grew its stake in shares of Citizens Community Bancorp by 95.4% during the first quarter. Hsbc Holdings PLC now owns 59,254 shares of the bank's stock worth $1,178,000 after buying an additional 28,933 shares during the last quarter. 55.11% of the stock is currently owned by institutional investors and hedge funds.
About Citizens Community Bancorp
(
Get Free Report)
Citizens Community Bancorp, Inc is a bank holding company headquartered in Columbia Station, Ohio. Its primary subsidiary, Citizens Community Savings Bank, offers a range of community banking services to individuals and businesses. The company operates through a network of branch offices in Lorain and Medina counties and surrounding communities, providing personalized financial solutions with a focus on local relationships and customer service.
The bank's deposit products include checking and savings accounts, money market accounts and certificates of deposit, while its lending portfolio features residential mortgage loans, home equity lines of credit, commercial real estate loans, and small-business financing.
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