Citizens First (CZFC) Declares $0.08 Quarterly Dividend; 2% Yield
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Citizens First Corporation Announces Third Quarter 2016 Results and Declares Common Dividend
October 20, 2016 3:19 PM EDTBOWLING GREEN, Ky., Oct. 20, 2016 /PRNewswire/ -- Citizens First Corporation (NASDAQ: CZFC) today reported results for the quarter and nine months ending September 30, 2016, which include the following:
For the quarter ended September 30, 2016, the Company reported net income of $1.14 million, or $0.45 per diluted common share. This represents an increase of $360,000, or $0.14 per diluted common share, from $775,000, or $0.31 per diluted common share, for the quarter ended September 30, 2015.  "Continued loan growth, improved operating efficiency, and credit quality were the drivers of third quarter profitability," said Todd Kanipe, President & CEO of Citizens First. "General economic conditions in our... More
