Citizens Community Bancorp Files 8-K on Financials

Ticker: CZWI · Form: 8-K · Filed: Jul 29, 2024 · CIK: 1367859

Citizens Community Bancorp Inc. 8-K Filing Summary
FieldDetail
CompanyCitizens Community Bancorp Inc. (CZWI)
Form Type8-K
Filed DateJul 29, 2024
Risk Levellow
Pages3
Reading Time4 min
Sentimentneutral

Sentiment: neutral

Topics: financial-reporting, results-of-operations

TL;DR

Citizens Community Bancorp filed an 8-K on July 25th detailing financial results and other events.

AI Summary

Citizens Community Bancorp, Inc. filed an 8-K on July 29, 2024, reporting on results of operations and financial condition as of July 25, 2024. The filing also includes other events and financial statements/exhibits. The company is a federally chartered savings institution based in Eau Claire, WI.

Why It Matters

This filing provides an update on the financial condition and operational results of Citizens Community Bancorp, Inc., which is important for investors and stakeholders to assess the company's performance.

Risk Assessment

Risk Level: low — This is a routine filing of financial results and does not indicate any unusual or significant risks.

Key Players & Entities

  • Citizens Community Bancorp, Inc. (company) — Registrant
  • July 25, 2024 (date) — Date of earliest event reported
  • July 29, 2024 (date) — Filing date
  • Eau Claire, WI (location) — Principal executive offices

FAQ

What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to report on the Results of Operations and Financial Condition, as well as Other Events and Financial Statements and Exhibits of Citizens Community Bancorp, Inc.

When was the earliest event reported in this filing?

The earliest event reported in this filing was on July 25, 2024.

What is the company's principal executive office location?

The company's principal executive offices are located at 2174 EastRidge Center, Eau Claire, WI 54701.

What is the Standard Industrial Classification (SIC) code for Citizens Community Bancorp, Inc.?

The SIC code for Citizens Community Bancorp, Inc. is 6035, which corresponds to SAVINGS INSTITUTION, FEDERALLY CHARTERED.

What is the fiscal year end for Citizens Community Bancorp, Inc.?

The fiscal year end for Citizens Community Bancorp, Inc. is December 31.

Filing Stats: 896 words · 4 min read · ~3 pages · Grade level 10.4 · Accepted 2024-07-29 08:32:32

Filing Documents

02 . Results of Operations and Financial Condition

Item 2.02 . Results of Operations and Financial Condition . On July 29, 2024, Citizens Community Bancorp, Inc. (the "Company") issued a press release announcing our financial results for the three and six months ended June 30, 2024, and posted its Earnings Release Supplement and Earnings Release Presentation to its website. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K, a copy of the Earnings Release Supplement is attached hereto as Exhibit 99.2 and a copy of the Earnings Release Presentation is attached hereto as Exhibit 99.3. The attached Exhibits 99.1, 99.2 and 99.3 are furnished pursuant to Item 2.02 of Form 8-K. The information in this Item 2.02, Item 9.01 and Exhibits 99.1, 99.2 and 99.3 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of such section, nor shall it be deemed incorporated by reference in any filing of the Company under the Securities Act of 1933 or the Securities Exchange Act of 1934, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.

01 . Other Events

Item 8.01 . Other Events . On July 25, 2024, the Board of Directors of Citizens Community Bancorp, Inc. (the "Company"), approved a stock repurchase program through June 20, 2025. Under this program the Company may repurchase 512 thousand shares of its common stock, or approximately 5% of the current outstanding shares, after the existing repurchase program is completed. Under the Company's existing program, which was adopted on July 23, 2021, an additional 43 thousand shares remain available for repurchase as of July 25, 2024. Together with the newly adopted stock repurchase program, there are 555 thousand shares available for repurchase as of July 25, 2024. The repurchase program permits shares to be repurchased in open market or private transactions, from time to time, through block trades, and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission. Repurchases may be made at management's discretion at prices management considers to be attractive and in the best interests of both the Company and its stockholders, subject to the availability of stock, general market conditions, the applicable trading price, future alternative advantageous uses for capital, and the Company's financial performance. Open market purchases will be conducted in accordance with the limitations set forth in Rule 10b -18 of the Securities and Exchange Commission and other applicable legal requirements. The repurchase program may be suspended, terminated or modified at any time for any reason, including market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity, and other factors deemed appropriate. These factors may also affect the timing and amount of share repurchases. The repurchase program does not obligate the Company to purchase any particular number of shares.

01 . Financial Statements and Exhibits

Item 9.01 . Financial Statements and Exhibits . (d) Exhibits. The following exhibit is being furnished herewith: 99.1 Press Release dated July 29, 2024 99.2 Earnings Release Supplement dated July 29, 2024 99.3 Earnings Release Presentation dated July 29, 2024 104 The cover page from this Current Report on Form 8-K in Inline XBRL (Extensible Business Reporting Language) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CITIZENS COMMUNITY BANCORP, INC. Date: July 29, 2024 By: /s/ James S. Broucek James S. Broucek Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR

View on ReadTheFiling | About | Contact | Privacy | Terms

Data from SEC EDGAR. Not affiliated with the SEC. Not investment advice. © 2026 OpenDataHQ.