Citizens Community Bancorp Inc. CZWI
Citizens Community Bancorp, Inc. (the "Company") is a Maryland corporation organized in 2004. The Company is a bank holding company and is subject to regulation by the Office of the Comptroller of the Currency ("OCC") and by the Federal Reserve Bank. Our primary activities consist of holding the stock of our wholly-owned subsidiary bank, Citizens Community Federal N.A. (the "Bank"), and providing commercial, agricultural and consumer banking activities through the Bank. At December 31, 2025, we had approximately $1.782 billion in total assets, $1.524 billion in deposits, and $187.9 million in equity.
Citizens Community Federal N.A.
The Bank is a federally chartered National Bank serving customers in Wisconsin and Minnesota through 21 full-service branch locations. Its primary markets include the Chippewa Valley Region in Wisconsin, the Twin Cities and Mankato markets in Minnesota, and various rural communities around these areas. The Bank offers traditional community banking services to businesses, Agricultural operators and consumers, including one-to-four family residential mortgages.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $87.6M | $89.6M | $84.2M | $69.4M | $64.0M | $64.5M | $60.4M | $38.9M | $27.9M | $25.1M |
| Interest expense | $51.2M | $46.5M | $48.3M | $13.0M | $10.4M | $14.3M | $16.9M | $8.6M | $5.6M | $5.0M |
| Pre-tax income | $17.4M | $17.4M | $18.9M | $23.6M | $29.0M | $17.3M | $12.3M | $6.6M | $3.8M | $3.9M |
| Income tax | $3.0M | $3.7M | $5.9M | $5.8M | $7.7M | $4.6M | $2.8M | $2.3M | $1.3M | $1.3M |
| Net income | $14.4M | $13.8M | $13.1M | $17.8M | $21.3M | $12.7M | $9.5M | $4.3M | $2.5M | $2.6M |
| EPS, basic | 1.46 | 1.34 | 1.25 | 1.69 | 1.98 | 1.14 | 0.85 | 0.72 | 0.47 | 0.49 |
| EPS, diluted | 1.46 | 1.34 | 1.25 | 1.69 | 1.98 | 1.14 | 0.85 | 0.58 | 0.46 | 0.49 |
| Shares, diluted (wtd. avg.) | $9.9M | $10.3M | $10.5M | $10.5M | $10.7K | $11.2K | $11.1M | $7.3M | $5.4M | $5.2M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $118.9M | $50.2M | $37.1M | $35.4M | $47.7M | $119.4M | $55.8M | $45.8M | $41.7M | $10.0M |
| Property, plant and equipment | $16.4M | $17.1M | $18.4M | $20.5M | $21.2M | $21.2M | $21.1M | $10.0M | $9.6M | $5.3M |
| Goodwill | $31.5M | $31.5M | $31.5M | $31.5M | $31.5M | $31.5M | $31.5M | $31.5M | $10.4M | $4.7M |
| Other intangibles | $395.0K | $979.0K | $1.7M | $2.4M | $3.9M | $5.5M | $7.6M | $4.8M | $5.4M | $872.0K |
| Total assets | $1.78B | $1.75B | $1.85B | $1.82B | $1.74B | $1.65B | $1.53B | $1.29B | $940.7M | $695.9M |
| Long-term debt | $51.8M | $66.6M | — | — | — | — | — | $87.6M | $120.3M | $70.3M |
| Total liabilities | $1.59B | $1.57B | $1.68B | $1.65B | $1.57B | $1.49B | $1.38B | $1.15B | $867.2M | $631.3M |
| Retained earnings | $90.0M | $80.8M | $71.1M | $65.4M | $50.7M | $32.8M | $22.5M | $15.3M | $10.8M | $9.1M |
| Total equity | $187.9M | $179.1M | $173.3M | $167.1M | $170.9M | $160.6M | $150.6M | $138.2M | $73.5M | $64.5M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $11.7M | $20.4M | $13.1M | $29.3M | $21.6M | $23.8M | $12.8M | $10.9M | $1.9M | $5.7M |
| Depreciation and amortisation | $2.0M | $2.2M | $2.4M | $2.4M | $2.3M | $2.0M | $1.6M | $1.1M | $864.0K | $1.1M |
| Stock-based compensation | $146.0K | $631.0K | — | — | — | — | — | — | $31.0K | $33.0K |
| Capital expenditure | $1.3M | $889.0K | $1.4M | $3.6M | $3.8M | $2.6M | $6.8M | $3.0M | $609.0K | $961.0K |
| Investing cash flow | $45.7M | $113.7M | -$34.2M | -$119.2M | -$163.2M | -$61.8M | -$63.3M | -$49.5M | $13.8M | $49.3M |
| Financing cash flow | $11.3M | -$121.1M | $22.9M | $77.6M | $69.9M | $101.6M | $60.6M | $31.4M | $15.9M | -$68.8M |
| Dividends paid | $3.6M | $3.3M | $3.0M | $2.7M | $2.5M | $2.4M | $2.2M | $1.2M | $842.0K | $629.0K |
| Buybacks | $6.1M | $6.1M | $421.0K | $1.8M | $8.0M | $2.8M | $0 | $1.0K | $16.0K | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001367859-26-000028.
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