Citizens Community Bancorp, Inc. (CZWI) Company Bio
Citizens Community Bancorp, Inc. provides various consumer, and commercial and agricultural banking products and services primarily in Wisconsin, Minnesota, and Michigan. The company was founded in 1938 and is based in Eau Claire, Wisconsin.
EAU CLAIRE, Wis., July 30, 2020 (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 $3.1 million, or $0.28 per diluted share for the quarter ended June 30, 2020, compared to $2.6 million, or $0.23 per diluted share for the previous quarter ended March 31, 2020. Tangible book value per share (non-GAAP)5 was $10.31 at June 30, 2020 compared to $9.80 at March 31, 2020. This increase in tangible book value reflects the second quarter net income of $3.1 million, quarterly increase in accumulated other comprehensive income of $1.6 million and a reduction of intangibles of $0.9 million, including a reduction of $0.5 million from the sale of the Wells In...
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