Citizens Community Bancorp, Inc. (CZWI) Misses Q3 EPS by 2c

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Citizens Community Bancorp, Inc. Reports 3Q2023 Earnings of $0.24 Per Share Reflecting Tax Changes; Lower Future Effective Tax Rate Expected; Non-Performing Assets Decline: Net Interest Margin Expands

October 24, 2023 4:00 PM EDT

EAU CLAIRE, Wis., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Citizens Community Bancorp, Inc. (the Company) (Nasdaq: CZWI), the parent company of Citizens Community Federal N.A. (the Bank or CCFBank), today reported earnings of $2.5 million and earnings per diluted share of $0.24 for the quarter ended September 30, 2023, compared to $3.2 million and $0.31 per diluted share for the quarter ended June 30, 2023, and $4.0 million and $0.38 per diluted share for the quarter ended September 30, 2022, respectively. For the first nine months of 2023, earnings were $9.4 million, or $0.89 per diluted share, compared to earnings of $13.1 million, or $1.24 per diluted share for the... More