OTCPK:CZBC

Stock Analysis Report

Executive Summary

Citizens Bancorp operates as the bank holding company for Citizens Bank that provides various banking products and services to individuals, and small- and medium-sized businesses.

Snowflake

Fundamentals

Proven track record with adequate balance sheet.

Risks

  • Citizens Bancorp is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:CZBC

3.3%

US Banks

2.1%

US Market


1 Year Return

-7.8%

OTCPK:CZBC

-13.8%

US Banks

-0.04%

US Market

CZBC outperformed the Banks industry which returned -14.8% over the past year.

CZBC underperformed the Market in United States of America which returned 0.2% over the past year.


Share holder returns

CZBCIndustryMarket
7 Day0%3.3%2.1%
30 Day0.05%-7.0%-3.2%
90 Dayn/a-2.3%2.8%
1 Year-7.8%-7.8%-11.3%-13.8%2.2%-0.04%
3 Year59.1%51.4%42.5%32.7%41.5%32.3%
5 Year87.3%68.7%54.2%37.6%55.0%37.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Citizens Bancorp undervalued based on future cash flows and its price relative to the stock market?

10.79x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Citizens Bancorp's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Citizens Bancorp's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Citizens Bancorp is good value based on earnings compared to the US Banks industry average.

Citizens Bancorp is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Citizens Bancorp, we can't assess if its growth is good value.


Price Based on Value of Assets

Citizens Bancorp is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Citizens Bancorp expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

3.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Citizens Bancorp is high growth as no revenue estimate data is available.

Citizens Bancorp's earnings are expected to grow by 3.6% yearly, however this is not considered high growth (20% yearly).

Unable to compare Citizens Bancorp's revenue growth to the United States of America market average as no estimate data is available.

Citizens Bancorp's earnings growth is positive but not above the United States of America market average.

Citizens Bancorp's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Citizens Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Citizens Bancorp performed over the past 5 years?

19.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Citizens Bancorp's year on year earnings growth rate has been positive over the past 5 years.

Citizens Bancorp's 1-year earnings growth exceeds its 5-year average (52.3% vs 19.5%)

Citizens Bancorp's earnings growth has exceeded the US Banks industry average in the past year (52.3% vs 33.2%).


Return on Equity

Citizens Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Citizens Bancorp used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Citizens Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Citizens 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

Information is not available.

Information is not available.


Financial Institutions Analysis

Citizens Bancorp has an acceptable proportion of non-loan assets held.

Unable to establish if Citizens Bancorp has a sufficient allowance for bad loans without relevant financial data.

Citizens Bancorp's liabilities are made up of primarily low risk sources of funding.

Citizens Bancorp's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Citizens Bancorp are broadly funded by customer deposits.

Unable to establish if Citizens Bancorp has an acceptable level of bad loans without bad loans data.


Next Steps

Dividend

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

2.63%

Current Dividend Yield


Dividend Yield and Payments Analysis

Citizens Bancorp's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Citizens Bancorp's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

No dividend growth in 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (3.5x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Citizens Bancorp's salary, the management and board of directors tenure and is there insider trading?

5.8yrs

Average management tenure


CEO

K. Zimmerman (56yo)

4.4yrs

Tenure

0

Mr. K. Gordon Zimmerman serves as President, Chief Executive Officer at Citizens Bancorp and Citizens Bank. He serves as Director of Citizens Bancorp and Citizens Bank since 2015. He joined Citizens Bank i ...


Management Age and Tenure

5.8yrs

Average Tenure

The average tenure for the Citizens Bancorp management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

9.1yrs

Average Tenure

63.5yo

Average Age

The tenure for the Citizens Bancorp board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Cameron Howell

    Executive VP

    • Tenure: 7.3yrs
  • Bill Humphreys

    EVP & COO

    • Tenure: 1.6yrs
  • Brad Webster

    Executive VP & Chief Banking Officer

    • Tenure: 7.1yrs
  • K. Zimmerman (56yo)

    President

    • Tenure: 4.4yrs

Board Members

  • Eric Thompson (56yo)

    Director

    • Tenure: 19.6yrs
    • Compensation: US$12.00k
  • Bill Humphreys (71yo)

    Chairman of the Board

    • Tenure: 4.4yrs
    • Compensation: US$328.66k
  • Scott Fewel (73yo)

    Director

    • Tenure: 23.6yrs
    • Compensation: US$18.00k
  • Heather McGowan

    Director

    • Tenure: 11.6yrs
  • Brute Bryant

    Director

    • Tenure: 8.6yrs
  • Dennis Moreland

    Director

    • Tenure: 9.6yrs
  • Larry Venell

    Director

    • Tenure: 9.6yrs
  • Pat Lampton

    Director

    • Tenure: 8.6yrs
  • Denise Pratt

    Director

    • Tenure: 5.6yrs
  • K. Zimmerman (56yo)

    President

    • Tenure: 4.4yrs

Company Information

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


Key Information

  • Name: Citizens Bancorp
  • Ticker: CZBC
  • Exchange: OTCPK
  • Founded: 1957
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$103.797m
  • Shares outstanding: 5.46m
  • Website: https://www.citizensebank.com

Location

  • Citizens Bancorp
  • 275 SW 3rd Street
  • Corvallis
  • Oregon
  • 97333
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CZBCOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMay 2005

Biography

Citizens Bancorp operates as the bank holding company for Citizens Bank that provides various banking products and services to individuals, and small- and medium-sized businesses. The company accepts perso ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 23:56
End of Day Share Price2019/08/02 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.