Citizens Community Bancorp Q2 profit drops on higher credit losses

Citizens Community Bancorp

27/07/2026 13:38

Overview
US community bank's preliminary Q2 net income and EPS fell sharply from prior periods
Earnings decline driven by higher provision for credit losses on problem loan relationships
Net interest margin rose to 3.22% as lower deposit costs offset impact of nonaccrual loans

Outlook
Company did not provide specific guidance for the current quarter or full year

Result Drivers
CREDIT LOSS PROVISION - Higher provision for credit losses, mainly from three loan relationships moving to nonaccrual or substandard, weighed on results
NON-INTEREST INCOME DROP - Lower gains on sale of loans led to a decrease in non-interest income
NET INTEREST MARGIN EXPANSION - Net interest margin rose due to lower deposit costs and higher loan yields, partially offset by new nonaccrual loans

Company press release: ID:nGNX20hdV7

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Interest Margin
 
3.22%
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the banks peer group is "buy"
Wall Street's median 12-month price target for Citizens Community Bancorp Inc is $24.00, about 1.9% above its July 24 closing price of $23.56
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 11 three months ago

Reuters Recommended Reads
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July 24 - CBB Bancorp Q2 profit falls on higher expenses

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)