Announcement • Apr 28
Citizens Holding Company Reports Charge Offs for the First Quarter Ended March 31, 2026 Citizens Holding Company reported charge offs for the first quarter ended March 31, 2026. For the period, the company reported net charge-offs of $1,074. Announcement • Jun 10
Citizens Holding Company Announces Quarterly Dividend, Payable on June 30, 2025 Citizens Holding Company announced that its Board of Directors has declared a quarterly dividend of $0.02 per share on its common stock. The dividend is payable on June 30, 2025, to shareholders of record as of June 16, 2025. Announcement • Mar 18
Citizens Holding Company announces Quarterly dividend, payable on March 31, 2025 Citizens Holding Company announced Quarterly dividend of USD 0.1600 per share payable on March 31, 2025, ex-date on March 17, 2025 and record date on March 17, 2025. Announcement • Nov 26
Citizens Holding Company Announces Quarterly Dividend, Payable December 31, 2024 Citizens Holding Company announced that its Board of Directors has declared a quarterly dividend of $0.16 per share on its common stock. The dividend is payable on December 31, 2024, to shareholders of record as of December 16, 2024. At a dividend of $0.16 per share, the Company’s dividend yield is approximately 7%. This reflects the Company’s strong capital position and commitment to returning value to shareholders. Announcement • Aug 31
Citizens Holding Company Announces Quarterly Dividend, Payable on September 30, 2024 Citizens Holding Company announced that its Board of Directors has declared a quarterly dividend of $0.16 per share on its common stock. The dividend is payable on September 30, 2024, to shareholders of record as of September 16, 2024. Announcement • Jun 28
Citizens Holding Company Announces Quarterly Dividend, Payable on June 28, 2024 Citizens Holding Company announced that its Board of Directors has declared a quarterly dividend of $0.16 per share on its common stock. The dividend is payable on June 28, 2024, to shareholders of record as of June 14, 2024. Announcement • Mar 06
Citizens Holding Company Announces Quarterly Dividend, Payable on March 29, 2024 Citizens Holding Company announced that its Board of Directors has declared a quarterly dividend of $0.16 per share on its common stock. The dividend is payable on March 29, 2024, to shareholders of record as of March 14, 2024. Announcement • Dec 30
Citizens Holding Company Files Form 15 Citizens Holding Company has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.20 per share. Announcement • Dec 15
Citizens Holding Company(OTCPK:CIZN) dropped from NASDAQ Composite Index Citizens Holding Company removed Announcement • Dec 07
Citizens Holding Company Announces Voluntary Delisting from the Nasdaq Global Market Citizens Holding Company announced its voluntary decision to delist its common stock from the NASDAQ Global Market (‘Nasdaq’) and to deregister its common stock under Section 12(b) of the Securities Exchange Act of 1934 (the ‘Exchange Act’). The Company has notified Nasdaq of its intent to voluntarily delist and withdraw the registration of its common stock with the Securities and Exchange Commission (‘SEC’). The Company intends to file a Form 25 (Notification of Removal from Listing) with the SEC on or about December 11, 2023, and expects the last trading day on Nasdaq will be on or about December 15, 2023. Following delisting from Nasdaq, the Company expects its common stock will be quoted on the OTCQX Best Market beginning on or about December 18, 2023, under the symbol ‘CIZN’. Subsequent to the delisting of its common stock from Nasdaq, the Company intends to file a Form 15 (Certification and Notice of Termination From Registration) with the SEC to suspend the Company’s obligations to file periodic reports under the Exchange Act. Upcoming Dividend • Dec 07
Upcoming dividend of US$0.16 per share at 6.4% yield Eligible shareholders must have bought the stock before 14 December 2023. Payment date: 29 December 2023. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 6.4%. Within top quartile of American dividend payers (4.8%). Higher than average of industry peers (3.5%). New Risk • Oct 29
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 12% Last year net profit margin: 20% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (12% net profit margin). Market cap is less than US$100m (US$56.6m market cap). Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: US$0.21 (vs US$0.46 in 3Q 2022) Third quarter 2023 results: EPS: US$0.21 (down from US$0.46 in 3Q 2022). Revenue: US$10.5m (down 12% from 3Q 2022). Net income: US$1.21m (down 53% from 3Q 2022). Profit margin: 12% (down from 22% in 3Q 2022). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Announcement • Sep 13
Citizens Holding Company Declares Quarterly Dividend on Its Common Stock, Payable on September 29, 2023 Citizens Holding Company announced that its Board of Directors has declared a quarterly dividend of $0.16 per share on its common stock. The dividend is payable on September 29, 2023, to shareholders of record as of September 22, 2023. Recent Insider Transactions • Aug 27
Independent Director recently bought US$315k worth of stock On the 24th of August, V. Dungan bought around 30k shares on-market at roughly US$10.50 per share. This transaction amounted to 45% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$384k more in shares than they have sold in the last 12 months. Announcement • Aug 01
Citizens Holding Company Reports Net Charge-Offs for the Three Months Ended June 30, 2023 Citizens Holding Company reported Net charge-offs for the three months ended June 30, 2023. Net charge-offs for the quarter were $9. Reported Earnings • Jul 30
Second quarter 2023 earnings released: EPS: US$0.054 (vs US$0.45 in 2Q 2022) Second quarter 2023 results: EPS: US$0.054 (down from US$0.45 in 2Q 2022). Revenue: US$9.22m (down 20% from 2Q 2022). Net income: US$300.0k (down 88% from 2Q 2022). Profit margin: 3.3% (down from 22% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. New Risk • Jun 12
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 5.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (US$67.4m market cap). Announcement • Jun 03
Citizens Holding Company Announces Quarterly Dividend, Payable on June 30, 2023 Citizens Holding Company announced that its Board of Directors has declared a quarterly dividend of $0.16 per share on its common stock. The dividend is payable on June 30, 2023, to shareholders of record as of June 16, 2023. Reported Earnings • Mar 19
Full year 2022 earnings released: EPS: US$1.72 (vs US$1.34 in FY 2021) Full year 2022 results: EPS: US$1.72 (up from US$1.34 in FY 2021). Revenue: US$45.5m (up 3.6% from FY 2021). Net income: US$9.62m (up 28% from FY 2021). Profit margin: 21% (up from 17% in FY 2021). The increase in margin was primarily driven by higher revenue. Net interest margin (NIM): 2.80% (up from 2.60% in FY 2021). Cost-to-income ratio: 78.2% (down from 78.3% in FY 2021). Non-performing loans: 0.90% (up from 0.73% in FY 2021). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$13.09, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 9x in the Banks industry in the US. Total loss to shareholders of 17% over the past three years. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$16.50, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 10x in the Banks industry in the US. Total loss to shareholders of 12% over the past three years. Announcement • Jan 25
Citizens Holding Company Appoints Stacy M Brantley as New CEO Citizens Holding has appointed a new CEO. The firm has appointed Stacy M Brantley to the position. Brantley is to take over from Greg McKee. Brantley is to join Citizens Holding in February. McKee will remain CEO throughout January. Reported Earnings • Jan 24
Full year 2022 earnings released: EPS: US$1.72 (vs US$1.34 in FY 2021) Full year 2022 results: EPS: US$1.72 (up from US$1.34 in FY 2021). Revenue: US$45.7m (up 4.0% from FY 2021). Net income: US$9.62m (up 28% from FY 2021). Profit margin: 21% (up from 17% in FY 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 08
Upcoming dividend of US$0.24 per share Eligible shareholders must have bought the stock before 15 December 2022. Payment date: 30 December 2022. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 6.8%. Within top quartile of American dividend payers (4.3%). Higher than average of industry peers (3.1%). Announcement • Nov 29
Citizens Holding Company Declares a Cash Dividend, Payable on December 30, 2022 Citizens Holding Company announced that its Board of Directors declared a cash dividend of $0.24 per share payable on December 30, 2022, to shareholders of record as of December 16, 2022. Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: US$0.46 (vs US$0.34 in 3Q 2021) Third quarter 2022 results: EPS: US$0.46 (up from US$0.34 in 3Q 2021). Revenue: US$12.0m (up 9.6% from 3Q 2021). Net income: US$2.58m (up 37% from 3Q 2021). Profit margin: 22% (up from 17% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 08
Upcoming dividend of US$0.24 per share Eligible shareholders must have bought the stock before 15 September 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 5.4%. Within top quartile of American dividend payers (4.3%). Higher than average of industry peers (3.2%). Announcement • Aug 26
Citizens Holding Company Declares a Cash Dividend, Payable on September 30, 2022 Citizens Holding Company announced that its Board of Directors declared a cash dividend of $0.24 per share payable on September 30, 2022, to shareholders of record as of September 16, 2022. Reported Earnings • Jul 27
Second quarter 2022 earnings released: EPS: US$0.45 (vs US$0.34 in 2Q 2021) Second quarter 2022 results: EPS: US$0.45 (up from US$0.34 in 2Q 2021). Revenue: US$11.5m (up 1.9% from 2Q 2021). Net income: US$2.54m (up 33% from 2Q 2021). Profit margin: 22% (up from 17% in 2Q 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Seeking Alpha • Jul 26
Citizens Holding GAAP EPS of $0.45, revenue of $11.53M Citizens Holding press release (NASDAQ:CIZN): Q2 GAAP EPS of $0.45.
Revenue of $11.53M (-9.9% Y/Y).
Yields on earning assets increased 12 basis points (“bps”) to 302 bps for the three months ended June 30, 2022 compared to 290 bps for the three months ended March 31, 2022 and increased 7 bps compared to 295 bps for the three months ended June 30, 2021.
Net interest income for the three months ended June 30, 2022 was $8,763, an increase of $476, or 5.74%, compared to $8,287 for the three months ended March 31, 2022, and an increase of $269, or 3.17%, compared to $8,494 for the three months ended June 30, 2021. Upcoming Dividend • Jun 08
Upcoming dividend of US$0.24 per share Eligible shareholders must have bought the stock before 15 June 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of American dividend payers (3.9%). Higher than average of industry peers (2.8%). Announcement • May 27
Citizens Holding Company Declares Cash Dividend for the Second Quarter 2022, Payable June 30, 2022 Citizens Holding Company announced that its Board of Directors declared a cash dividend of $0.24 per share for the second quarter 2022, payable June 30, 2022, to shareholders of record as of June 16, 2022. This dividend will bring the total dividend for 2022 to $0.48 per share of common stock. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: US$0.36 (vs US$0.34 in 1Q 2021) First quarter 2022 results: EPS: US$0.36 (up from US$0.34 in 1Q 2021). Revenue: US$10.7m (flat on 1Q 2021). Net income: US$2.04m (up 7.3% from 1Q 2021). Profit margin: 19% (up from 18% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 13
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$1.34 (up from US$1.24 in FY 2020). Revenue: US$44.3m (up 5.1% from FY 2020). Net income: US$7.49m (up 8.1% from FY 2020). Profit margin: 17% (in line with FY 2020). Net interest margin (NIM): 2.60% (down from 2.72% in FY 2020). Cost-to-income ratio: 78.2% (down from 78.3% in FY 2020). Non-performing loans: 0.73% (down from 1.63% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 09
Upcoming dividend of US$0.24 per share Eligible shareholders must have bought the stock before 16 March 2022. Payment date: 31 March 2022. Payout ratio is a comfortable 72% but the company is not cash flow positive. Trailing yield: 5.2%. Within top quartile of American dividend payers (3.7%). Higher than average of industry peers (2.6%). Announcement • Mar 04
Citizens Holding Company Declares Cash Dividend, Payable on March 31, 2022 Citizens Holding Company announced that its Board of Directors declared a cash dividend of $0.24 per share payable March 31, 2022, to shareholders of record as of March 17, 2022. Reported Earnings • Jan 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$1.34 (up from US$1.24 in FY 2020). Revenue: US$44.3m (up 5.1% from FY 2020). Net income: US$7.49m (up 8.1% from FY 2020). Profit margin: 17% (in line with FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 09
Upcoming dividend of US$0.24 per share Eligible shareholders must have bought the stock before 16 December 2021. Payment date: 31 December 2021. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of American dividend payers (3.6%). Higher than average of industry peers (2.3%). Reported Earnings • Oct 29
Third quarter 2021 earnings released: EPS US$0.34 (vs US$0.37 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$10.9m (down 3.3% from 3Q 2020). Net income: US$1.88m (down 9.7% from 3Q 2020). Profit margin: 17% (down from 18% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 22
Second quarter 2021 earnings released: EPS US$0.34 (vs US$0.26 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$11.3m (up 10% from 2Q 2020). Net income: US$1.91m (up 30% from 2Q 2020). Profit margin: 17% (up from 14% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 27
First quarter 2021 earnings released: EPS US$0.34 (vs US$0.21 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$10.8m (up 14% from 1Q 2020). Net income: US$1.90m (up 64% from 1Q 2020). Profit margin: 18% (up from 12% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 12
New 90-day high: US$21.99 The company is up 3.0% from its price of US$21.32 on 11 December 2020. The American market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 30% over the same period. Upcoming Dividend • Mar 09
Upcoming Dividend of US$0.24 Per Share Will be paid on the 31st of March to those who are registered shareholders by the 16th of March. The trailing yield of 4.4% is in the top quartile of American dividend payers (3.6%), and it is higher than industry peers (2.3%). Reported Earnings • Jan 30
Full year 2020 earnings released: EPS US$1.24 (vs US$1.17 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: US$42.1m (up 21% from FY 2019). Net income: US$6.93m (up 17% from FY 2019). Profit margin: 17% (in line with FY 2019). Net interest margin (NIM): 2.72% (down from 2.77% in FY 2019). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 21
New 90-day low: US$19.77 The company is down 8.0% from its price of US$21.40 on 23 October 2020. The American market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 33% over the same period. Upcoming Dividend • Dec 10
Upcoming Dividend of US$0.24 Per Share Will be paid on the 31st of December to those who are registered shareholders by the 16th of December. The trailing yield of 4.6% is in the top quartile of American dividend payers (4.0%), and it is higher than industry peers (3.0%). Is New 90 Day High Low • Nov 24
New 90-day low: US$19.67 The company is down 10.0% from its price of US$21.77 on 25 August 2020. The American market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 15% over the same period. Reported Earnings • Nov 13
Third quarter 2020 earnings released: EPS US$0.37 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$11.3m (up 34% from 3Q 2019). Net income: US$2.08m (up 56% from 3Q 2019). Profit margin: 18% (up from 16% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 27
Third quarter earnings released Over the last 12 months the company has reported total profits of US$6.68m, up 18% from the prior year. Total revenue was US$41.3m over the last 12 months, up 25% from the prior year. Announcement • Oct 17
Citizens Holding Company Appoints Phillip R. Branch as Treasurer On October 14, 2020, Citizens Holding Company announced that, effective October 1, 2020, Phillip R. Branch has been appointed as the Treasurer of Citizens. Phillip R. Branch. Mr. Branch joined Citizens in March 2018 and has served Vice President/Comptroller of the Bank since January 2020. Prior to joining Citizens, Mr. Branch was a Senior Manager in the Financial Institutions practice of HORNE LLP, beginning in September 2006, serving banks throughout the southeastern United States. Mr. Branch has been a Certified Public Accountant since 2009. 
