Citizens munity Bancorp(US:CZWI) Globenewswire·2026-01-26 13:30Core Viewpoint - Citizens Community Bancorp, Inc. reported improved earnings for the fourth quarter of 2025, with a net income of $4.3 million and earnings per diluted share of $0.44, reflecting growth compared to previous quarters and the same quarter last year [1][5]. Financial Performance - The fourth quarter of 2025 saw earnings of $4.3 million, up from $3.7 million in Q3 2025 and $2.7 million in Q4 2024. For the full year, earnings reached $14.4 million, compared to $13.8 million in the previous year [1][5]. - Net interest income decreased slightly by $0.1 million to $13.1 million in Q4 2025, but increased from $11.7 million in Q4 2024. The net interest margin decreased by 5 basis points to 3.15% compared to Q3 2025, but increased by 36 basis points from Q4 2024 [5][21]. Balance Sheet and Asset Quality - Total assets increased by $54.8 million to $1.782 billion as of December 31, 2025. Loans receivable rose by $17.3 million to $1.340 billion, driven by growth in multi-family and commercial loans [6][10]. - The allowance for credit losses on loans was $22.4 million, representing 1.67% of total loans, with a provision for credit losses of $0.20 million in Q4 2025, down from $0.65 million in Q3 2025 [12][15]. Shareholder Value and Capital Management - The company repurchased approximately 250,000 shares at an average price of $15.99 per share during Q4 2025, with about 113,000 shares remaining under the current buyback authorization [20][4]. - A quarterly dividend of $0.105 per share was declared, intended to replace the previous annual dividend structure [4][6]. Deposit Growth - Total deposits increased by $43.5 million to $1.524 billion, primarily due to growth in retail consumer deposits and seasonal public deposits [6][17]. - The deposit portfolio composition remained stable, with 58% in consumer deposits, 28% in commercial deposits, 12% in public deposits, and 2% in wholesale deposits [17][18].