Citizens First (CZFC) Declares $0.07 Quarterly Dividend; 1.1% Yield

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Citizens First Corporation Announces First Quarter 2019 Results, Declares Quarterly Common Dividend

April 18, 2019 1:24 PM EDT

BOWLING GREEN, Ky., April 18, 2019 /PRNewswire/ -- Citizens First Corporation (NASDAQ: CZFC) today reported results for the three months ended March 31, 2019 which include the following:

For the quarter ended March 31, 2019 the Company reported net income of $1.12 million, or $0.44 per diluted common share (EPS).  This represents a 3.2% increase, or $35,000, from the $1.08 million or $0.43 per diluted common share, for the quarter ended March 31, 2018.  "We were pleased with a $6.4 million increase in outstanding loans during the first quarter of 2019," said Todd Kanipe, President and CEO. "Operating results were mixed with a flat net interest margin compared to a year... More