The credit deterioration is the key risk — watch for further NPA migration and potential dividend pressure if credit costs remain elevated. The stable PPNR and improved NIM provide a buffer, but the stock will likely reprice for higher credit risk until asset quality stabilizes.
Price Chart
Executive Summary
Citizens Community Bancorp reported Q2 2026 GAAP EPS of $0.11, a 73% miss versus the $0.41 consensus, driven by a $4.33 million provision for credit losses from three deteriorating loan relationships. Nonperforming assets surged 78% to $32.4 million, though pre-provision net revenue improved 3.3% sequentially, indicating the miss is entirely credit-driven. The board maintained the $0.105 quarterly dividend.
Key Financial Metrics
Key Facts
- Q2 2026 GAAP EPS $0.11 vs consensus $0.41 (-73.2% miss)
- Revenue $16.1M vs consensus $16.3M (in-line)
- Provision for credit losses $4.33M, up from $0.75M in Q1 2026
- Nonperforming assets increased to $32.4M from $18.2M (up 78% linked quarter)
- Net interest margin improved to 3.22% from 3.18% in Q1 2026
- Pre-provision net revenue (PPNR) rose 3.3% sequentially to $5.56M
- Quarterly dividend maintained at $0.105 per share
- Tangible book value per share $16.55, up from $16.52 in Q1 2026
Financial Impact
EPS miss of $0.30 per share driven by $4.33M credit provision; NPAs now represent 1.79% of total assets vs 1.00% in Q1 2026
Risk Factors
- Further credit deterioration from the three identified loan relationships or broader portfolio
- Potential dividend cut if earnings remain depressed by elevated provisions
- Regulatory scrutiny from elevated nonperforming asset levels
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3333514 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | 8-K | — | awaiting T+20 | — | — |
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 22w 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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