The earnings miss and increased credit provision, despite margin expansion and balance sheet growth, suggest deteriorating asset quality. Monitor the next earnings call for commentary on the rising nonperforming assets and whether the higher provision is a one-time event or the start of a trend. The stable dividend maintains shareholder yield, but the stock may face pressure on credit quality concerns.
Price Chart
Executive Summary
Citizens Community Bancorp (CZWI) reported Q1 2026 earnings of $0.39 per share, missing consensus by 8.3% due to a higher provision for credit losses, despite solid loan and deposit growth and a net interest margin expansion. The company maintained its quarterly dividend at $0.105 per share.
Key Financial Metrics
Key Facts
- Q1 2026 EPS was $0.39, missing consensus of $0.425 by 8.3%.
- Net income decreased to $3.8 million from $4.3 million in the prior quarter.
- Provision for credit losses increased to $0.75 million from $0.20 million.
- Loan and deposit growth remained strong at 1.3% and 2.7% respectively.
- Net interest margin expanded 3 basis points to 3.18%.
- Nonperforming assets increased to $18.2 million from $16.7 million.
- The board approved a quarterly dividend of $0.105 per share.
Financial Impact
Earnings miss of $0.035 per share; provision for credit losses increased by $550k; loan portfolio grew by $17.9 million.
Risk Factors
- Rising credit costs: The significant increase in the provision for credit losses and growth in nonperforming assets indicate potential stress in the loan portfolio.
- Asset quality deterioration: Special mention and substandard loans increased, and nonperforming assets rose to $18.2 million, which could lead to future charge-offs and further provisions.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 8 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001367859-26-000024 |
| Exhibit: ex993.htm | 0001367859-26-000024 |
| Exhibit: ex992.htm | 0001367859-26-000024 |
| Document: czwi-20260427.htm | 0001367859-26-000024 |
| Document: 0001367859-26-000024-index-headers.html | 0001367859-26-000024 |
| Document: 0001367859-26-000024-index.html | 0001367859-26-000024 |
| Document: 0001367859-26-000024.txt | 0001367859-26-000024 |
| 8-K Data (Synthetic) | 0001367859-26-000024 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 1d ago | 8-K | $21.56 | awaiting T+20 | — | $23.36 (+8.37%) |
Oct 26, 2026 1d ago | Press Release | $21.47 | awaiting T+20 | — | $23.36 (+8.83%) |
Sep 2, 2026 7w ago | 8-K | $21.47 $21.20 | ▼ −1.26% | ▼ −1.10% | $23.36 (+8.83%) |
Jul 31, 2026 12w ago | 8-K | $22.00 $21.02 | ▼ −4.45% | ▼ −7.44% | $23.36 (+6.20%) |
Jul 27, 2026 13w ago | 8-K | $21.40 $20.88 | ▲ +2.43% | ▲ +5.73% | $23.36 (−9.18%) |
Jul 27, 2026 13w ago | Press Release | $21.40 $20.88 | ▲ +2.43% | ▲ +5.73% | $23.36 (−9.18%) |
May 18, 2026 23w ago | Insider Cluster | $20.31 $21.25 | ▲ +4.63% | ▲ +3.64% | $23.36 (+15.04%) |
May 15, 2026 23w ago | Insider Cluster | $20.51 $21.17 | ▲ +3.22% | ▲ +1.64% | $23.36 (+13.92%) |
May 14, 2026 23w ago | 144 | $20.93 $21.46 | ▲ +2.53% | ▲ +3.39% | $23.36 (+11.63%) |
May 4, 2026 25w ago | Insider Cluster | $20.93 $20.41 | ▼ −2.49% | ▼ −6.70% | $23.36 (+11.62%) |
US Market Status
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