Monitor next quarter's provision trend and loan quality metrics, as the sharp increase in credit loss reserves and rising nonperforming assets ($18.2M from $16.7M) could signal deteriorating credit quality despite strong loan growth. Margin expansion remains a positive catalyst.
Price Chart
Executive Summary
Citizens Community Bancorp (CZWI) reported Q1 2026 earnings of $0.39 per diluted share on $16.1 million in total revenue, missing the $0.36 EPS consensus despite sequential loan and deposit growth. Net interest margin expanded 3 bps to 3.18%, but earnings declined 11% YoY due to a higher provision for credit losses and elevated tax rate. Pre-provision net revenue rose 5.8% to $5.38 million.
Key Financial Metrics
Key Facts
- Q1 2026 EPS of $0.39 missed $0.36 consensus by $0.03 (8.3% miss), reversing prior quarter's beat
- Total revenue was $16.1 million ($13.0M net interest income + $3.1M non-interest income), up from $15.8M in Q4 2025
- Net interest margin increased 3 bps to 3.18%, driven by higher loan yields (+5 bps) and lower deposit costs (-8 bps)
- Provision for credit losses surged to $0.75 million from $0.20 million in Q4 2025, reversing a prior-year negative provision
- Loans grew $17.9 million (1.3%) to $1.358B; deposits up $41.5M to $1.566B, led by public and commercial inflows
- Tangible book value per share rose to $16.52 from $16.23, supported by lower AFS unrealized losses
- Efficiency ratio improved to 66% from 68% in prior quarter
Financial Impact
EPS miss of $0.03 and 11% YoY net income decline offset by solid balance sheet growth and margin expansion
Risk Factors
- Rising credit costs: provision for credit losses up 275% QoQ and nonperforming assets increased to $18.2M
- Elevated tax rate of 18.9% vs 12.6% in prior quarter due to prior-period tax credit recognition
- Seasonal deposit inflows may reverse, pressuring funding costs if not redeployed profitably
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3281622 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | 8-K | $21.56 | awaiting T+20 | — | $22.69 (+5.24%) |
Oct 26, 2026 today | Press Release | $21.47 | awaiting T+20 | — | $22.69 (+5.68%) |
Sep 2, 2026 7w ago | 8-K | $21.47 $21.20 | ▼ −1.26% | ▼ −1.10% | $22.69 (+5.68%) |
Jul 31, 2026 12w ago | 8-K | $22.00 $21.02 | ▼ −4.45% | ▼ −7.44% | $22.69 (+3.14%) |
Jul 27, 2026 13w ago | 8-K | $21.40 $20.88 | ▲ +2.43% | ▲ +5.73% | $22.69 (−6.03%) |
Jul 27, 2026 13w ago | Press Release | $21.40 $20.88 | ▲ +2.43% | ▲ +5.73% | $22.69 (−6.03%) |
May 18, 2026 23w ago | Insider Cluster | $20.31 $21.25 | ▲ +4.63% | ▲ +3.64% | $22.69 (+11.72%) |
May 15, 2026 23w ago | Insider Cluster | $20.51 $21.17 | ▲ +3.22% | ▲ +1.64% | $22.69 (+10.63%) |
May 14, 2026 23w ago | 144 | $20.93 $21.46 | ▲ +2.53% | ▲ +3.39% | $22.69 (+8.41%) |
May 4, 2026 25w ago | Insider Cluster | $20.93 $20.41 | ▼ −2.49% | ▼ −6.70% | $22.69 (+8.39%) |
US Market Status
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