Citizens Community Bancorp Q2 FY26 net income drops 70.65% to $1.1 million; EPS falls to $0.11 - CZWI News | RalliesCitizens Community Bancorp Q2 FY26 net income drops 70.65% to $1.1 million; EPS falls to $0.11
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CZWI• Q2 earnings decline as credit losses rise
- Citizens Community Bancorp posted Q2 net income of $1.1 million, or $0.11 per diluted share, down from $3.76 million, or $0.39, in Q1.
- Net interest income rose to $13.5 million from $13 million, lifting net interest margin 4 basis points to 3.22%.
- Provision for credit losses climbed to $4.33 million from $750,000, as specific reserves increased and charge-offs totaled $1.42 million.
- Nonperforming assets increased to $32.4 million from $18.2 million; loans grew to $1.38 billion from $1.36 billion.
- The board set a quarterly dividend of $0.105 per share, payable Aug. 21 to holders of record Aug. 7.
