Advertisement
U.S. markets closed

  • S&P Futures

    4,588.25
    -1.25 (-0.03%)
     

  • Dow Futures

    36,177.00
    +11.00 (+0.03%)
     

  • Nasdaq Futures

    16,022.25
    -16.50 (-0.10%)
     

  • Russell 2000 Futures

    1,870.40
    +0.70 (+0.04%)
     

  • Crude Oil

    70.37
    +1.03 (+1.49%)
     

  • Gold

    2,049.40
    +3.00 (+0.15%)
     

  • Silver

    24.19
    +0.13 (+0.54%)
     

  • EUR/USD

    1.0796
    -0.0002 (-0.02%)
     

  • 10-Yr Bond

    4.1290
    +0.0080 (+0.19%)
     

  • Vix

    13.06
    +0.09 (+0.69%)
     

  • GBP/USD

    1.2594
    +0.0000 (+0.00%)
     

  • USD/JPY

    143.8500
    -0.3410 (-0.24%)
     

  • Bitcoin USD

    43,432.73
    -512.70 (-1.17%)
     

  • CMC Crypto 200

    898.86
    +6.14 (+0.69%)
     

  • FTSE 100

    7,513.72
    -1.66 (-0.02%)
     

  • Nikkei 225

    32,305.33
    -552.98 (-1.68%)
     

Compared to Estimates, Citizens Community Bancorp, Inc. (CZWI) Q2 Earnings: A Look at Key Metrics

Zacks Equity Research
·2 min read

Citizens Community Bancorp, Inc. (CZWI) reported $14.6 million in revenue for the quarter ended June 2023, representing a year-over-year decline of 12.3%. EPS of $0.31 for the same period compares to $0.41 a year ago.

The reported revenue represents a surprise of +2.09% over the Zacks Consensus Estimate of $14.3 million. With the consensus EPS estimate being $0.28, the EPS surprise was +10.71%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Citizens Community Bancorp, Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Net Interest Margin: 2.72% compared to the 2.76% average estimate based on two analysts.

  • Efficiency ratio: 66% versus the two-analyst average estimate of 69.63%.

  • Total Noninterest Income: $2.91 million versus the two-analyst average estimate of $2.47 million.

  • Net Interest Income: $11.69 million compared to the $11.88 million average estimate based on two analysts.

View all Key Company Metrics for Citizens Community Bancorp, Inc. here>>>

Shares of Citizens Community Bancorp, Inc. have returned +12.7% over the past month versus the Zacks S&P 500 composite's +4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Citizens Community Bancorp, Inc. (CZWI) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

Advertisement