Citizens Community Bancorp reported third-quarter net income of $5.4 million, or $0.56 per diluted share, up from $1.1 million in the prior quarter. Net interest income rose $1.0 million to $14.5 million as the net interest margin expanded 15 basis points. The company also announced a 14% increase in its quarterly cash dividend to $0.12 per share, payable November 20 to shareholders of record on November 6. Citizens Community Bancorp operates as a community bank holding company serving customers primarily in Wisconsin and Minnesota.
