Earnings ·
Citizens Community Bancorp, Inc. reported second quarter 2026 earnings of $1.1 million, or $0.11 per diluted share, a…
CZWICitizens Community Bancorp Inc.
Citizens Community Bancorp, Inc. reported second quarter 2026 earnings of $1.1 million, or $0.11 per diluted share, a decrease from $3.8 million or $0.39 per diluted share in the first quarter of 2026. The decline was driven by a $4.33 million provision for credit losses, largely due to nonaccrual loan developments including a $3.8 million impact from one specific loan relationship. Nonperforming assets rose to $32.4 million at June 30, 2026, from $18.2 million in the prior quarter. Despite these headwinds, net interest margin expanded 4 basis points to 3.22%. The Board also declared a quarterly cash dividend of $0.105 per share, payable August 21, 2026, to shareholders of record as of August 7, 2026. The company is a financial services provider operating in the banking industry.