Brief: Citizens Community Bancorp Earns $3.2 Mln, Or $0.28 Per Share, In 4Q19

Citizens Community Bancorp

27/01/2020 13:38

Jan 27 (Reuters) - Citizens Community Bancorp Inc  CZWI.O :
    * CITIZENS COMMUNITY BANCORP, INC. EARNS $3.2 MILLION, OR
$0.28
PER SHARE, IN 4Q19; FOURTH QUARTER HIGHLIGHTED BY NET LOAN
GROWTH OF $53 MILLION; NET INCOME INCREASED 125% TO $9.5 MILLION
IN 2019; DECLARED A $0.21 DIVIDEND PER SHARE
    * Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.26
    * Q4 EARNINGS PER SHARE $0.28
    * CITIZENS COMMUNITY BANCORP - NET INTEREST INCOME WAS $11.8
MILLION FOR Q4 OF 2019, COMPARED TO $10.0 MILLION FOR QUARTER
ENDED DECEMBER 31, 2018
    * "YEAR END LOAN BALANCE EXCEEDING QUARTERLY AVERAGE LOANS
BY $41
MILLION WILL PROVIDE A NICE START FOR 2020"
    * "WINTER WILL SLOW PURCHASE ACTIVITY IN Q1 2020"

Source text for Eikon:  ID:nGNXR6NhL 
Further company coverage:  CZWI.O 

 ((Reuters.Briefs@thomsonreuters.com;))