NasdaqGM:CZWI

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Citizens Community Bancorp

Executive Summary

Citizens Community Bancorp, Inc. operates as a holding company for Citizens Community Federal N.A.


Snowflake Analysis

Excellent balance sheet with solid track record.


Similar Companies

Share Price & News

How has Citizens Community Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CZWI's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

4.6%

CZWI

7.5%

US Banks

2.9%

US Market


1 Year Return

-28.8%

CZWI

-15.5%

US Banks

8.9%

US Market

Return vs Industry: CZWI underperformed the US Banks industry which returned -15.5% over the past year.

Return vs Market: CZWI underperformed the US Market which returned 8.9% over the past year.


Shareholder returns

CZWIIndustryMarket
7 Day4.6%7.5%2.9%
30 Day-3.5%16.7%10.6%
90 Day-29.3%-6.2%5.1%
1 Year-27.5%-28.8%-12.6%-15.5%11.4%8.9%
3 Year-41.9%-44.7%-4.1%-11.6%34.3%25.4%
5 Year-10.1%-16.6%19.9%5.6%60.7%42.7%

Price Volatility Vs. Market

How volatile is Citizens Community Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Citizens Community Bancorp undervalued compared to its fair value and its price relative to the market?

7.82x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CZWI ($7.69) is trading above our estimate of fair value ($1.17)

Significantly Below Fair Value: CZWI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CZWI is good value based on its PE Ratio (7.8x) compared to the Banks industry average (9.8x).

PE vs Market: CZWI is good value based on its PE Ratio (7.8x) compared to the US market (16.4x).


Price to Earnings Growth Ratio

PEG Ratio: CZWI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: CZWI is good value based on its PB Ratio (0.6x) compared to the US Banks industry average (0.8x).


Next Steps

Future Growth

How is Citizens Community Bancorp forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

-2.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CZWI's earnings are forecast to decline over the next 3 years (-2% per year).

Earnings vs Market: CZWI's earnings are forecast to decline over the next 3 years (-2% per year).

High Growth Earnings: CZWI's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CZWI's revenue (4.2% per year) is forecast to grow slower than the US market (8.8% per year).

High Growth Revenue: CZWI's revenue (4.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CZWI's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Citizens Community Bancorp performed over the past 5 years?

29.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CZWI has high quality earnings.

Growing Profit Margin: CZWI's current net profit margins (19.9%) are higher than last year (9.4%).


Past Earnings Growth Analysis

Earnings Trend: CZWI's earnings have grown significantly by 29.3% per year over the past 5 years.

Accelerating Growth: CZWI's earnings growth over the past year (188.3%) exceeds its 5-year average (29.3% per year).

Earnings vs Industry: CZWI earnings growth over the past year (188.3%) exceeded the Banks industry 2.8%.


Return on Equity

High ROE: CZWI's Return on Equity (7.5%) is considered low.


Next Steps

Financial Health

How is Citizens Community Bancorp's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: CZWI's Assets to Equity ratio (10.2x) is moderate.

Allowance for Bad Loans: CZWI has a low allowance for bad loans (67%).

Low Risk Liabilities: 87% of CZWI's liabilities are made up of primarily low risk sources of funding.

Loan Level: CZWI has an appropriate level of Loans to Assets ratio (78%).

Low Risk Deposits: CZWI's Loans to Deposits ratio (99%) is appropriate.

Level of Bad Loans: CZWI has an appropriate level of bad loans (1.5%).


Next Steps

Dividend

What is Citizens Community Bancorp's current dividend yield, its reliability and sustainability?

2.73%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CZWI's dividend (2.73%) is higher than the bottom 25% of dividend payers in the US market (1.62%).

High Dividend: CZWI's dividend (2.73%) is low compared to the top 25% of dividend payers in the US market (4.32%).


Stability and Growth of Payments

Stable Dividend: CZWI's dividend payments have been volatile in the past 10 years.

Growing Dividend: CZWI's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (21.3%), CZWI's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.7yrs

Average management tenure


CEO

Steve Bianchi (56yo)

4yrs

Tenure

US$514,082

Compensation

Mr. Stephen M. Bianchi, also known as Steve, has been the Chief Executive Officer and President of Citizens Community Bancorp, Inc. and Citizens Community Federal since June 24, 2016. He has been Chairman  ...


CEO Compensation Analysis

Compensation vs Market: Steve's total compensation ($USD514.08K) is about average for companies of similar size in the US market ($USD577.87K).

Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Stephen Bianchi
Chairman of the Board4yrsUS$514.08k0.68% $580.8k
James Broucek
Executive VP2.67yrsUS$268.46k0.36% $309.7k
Mike Dietsch
Community Bank President of Faribault1.25yrsno datano data

2.7yrs

Average Tenure

Experienced Management: CZWI's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Stephen Bianchi
Chairman of the Board4yrsUS$514.08k0.68% $580.8k
James Moll
Independent Director2.42yrsUS$25.00k0.35% $297.8k
Richard McHugh
Lead Independent Director1.67yrsUS$17.00k1.96% $1.7m
Michael Swenson
Independent Director9.08yrsUS$17.00k0.10% $87.2k
James Lang
Independent Director7.58yrsUS$36.50k0.61% $523.4k
Francis Felber
Independent Director2.75yrsUS$24.00k0.19% $159.8k
Timothy Olson
Outside Independent Director2.25yrsUS$27.50k0.098% $83.9k
Kristina Bourget
Outside Independent Director2.25yrsUS$19.50k0.077% $66.2k

2.3yrs

Average Tenure

67yo

Average Age

Experienced Board: CZWI's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CZWI insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Citizens Community Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Citizens Community Bancorp, Inc.
  • Ticker: CZWI
  • Exchange: NasdaqGM
  • Founded: 1938
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$85.749m
  • Shares outstanding: 11.15m
  • Website: https://www.ccf.us

Number of Employees


Location

  • Citizens Community Bancorp, Inc.
  • 2174 Eastridge Center
  • Eau Claire
  • Wisconsin
  • 54701
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CZWINasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDMar 2004

Biography

Citizens Community Bancorp, Inc. operates as a holding company for Citizens Community Federal N.A. that provides various consumer, commercial, and agricultural banking products and services in Wisconsin, Minnesota, and Michigan. It accepts various deposit products, including demand deposits, savings and money-market accounts, and certificates of deposit. The company also offers various loan products, such as commercial real estate, agricultural real estate and non-real estate, commercial and industrial, and consumer loans, as well as one-to-four family residential mortgages and home equity lines-of-credit facilities. In addition, it provides a portfolio of investments, such as U.S. government sponsored agency securities, bonds and other obligations issued by states and their political subdivisions, and mortgage-backed securities. Further, the company offers Internet and mobile banking services. As of December 31, 2018, it operated through a network of 27 full-service branches. The company was founded in 1938 and is based in Eau Claire, Wisconsin. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 03:45
End of Day Share Price2020/06/04 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.