Citizens Community Bancorp, Inc. (CZWI) To Go Ex-Dividend on August 7th

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) declared a quarterly dividend on Thursday, July 23rd. Shareholders of record on Friday, August 7th will be given a dividend of 0.105 per share by the bank on Friday, August 21st. This represents a c) dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, August 7th.

Citizens Community Bancorp has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 6 years. Citizens Community Bancorp has a payout ratio of 25.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Citizens Community Bancorp to earn $2.22 per share next year, which means the company should continue to be able to cover its $0.42 annual dividend with an expected future payout ratio of 18.9%.

Citizens Community Bancorp Stock Performance

Shares of NASDAQ:CZWI opened at $21.92 on Wednesday. Citizens Community Bancorp has a 52-week low of $14.61 and a 52-week high of $24.42. The firm has a market capitalization of $211.31 million, a P/E ratio of 16.73 and a beta of 0.51. The stock has a 50 day moving average price of $22.12 and a 200-day moving average price of $20.35.

Citizens Community Bancorp (NASDAQ:CZWI) last released its quarterly earnings results on Monday, July 27th. The bank reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.30). The firm had revenue of $16.11 million for the quarter, compared to the consensus estimate of $16.30 million. Citizens Community Bancorp had a net margin of 12.94% and a return on equity of 6.80%. On average, equities analysts forecast that Citizens Community Bancorp will post 1.82 EPS for the current fiscal year.

About Citizens Community Bancorp

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.