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Citizens Community Bancorp (Citizens Community Bancorp) Net Income : $13.06 Mil (TTM As of Dec. 2023)


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What is Citizens Community Bancorp Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Citizens Community Bancorp's Net Income for the three months ended in Dec. 2023 was $3.69 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $13.06 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Citizens Community Bancorp's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.35.


Citizens Community Bancorp Net Income Historical Data

The historical data trend for Citizens Community Bancorp's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Citizens Community Bancorp Net Income Chart

Citizens Community Bancorp Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.46 12.73 21.27 17.76 13.06

Citizens Community Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.70 3.66 3.21 2.50 3.69

Citizens Community Bancorp Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Citizens Community Bancorp's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=18.932+-5.873+0+1.7763568394003E-15
=13.06

Citizens Community Bancorp's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=4.671+-0.978+0+-4.4408920985006E-16
=3.69

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $13.06 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Citizens Community Bancorp  (NAS:CZWI) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Citizens Community Bancorp's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Citizens Community Bancorp Net Income Related Terms

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Citizens Community Bancorp (Citizens Community Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2174 EastRidge Center, Eau Claire, WI, USA, 54701
Citizens Community Bancorp Inc is a bank holding company that offers traditional community banking services to businesses, Agricultural operators, and consumers, including one-to-four-family residential mortgages. it also offers a variety of loan products including commercial real estate loans, commercial and industrial (C&I) loans, agricultural real estate loans, agricultural operating loans, residential mortgages, home equity lines-of-credit, and consumer loans and offers deposit products through its branches, including demand deposits, various savings and money-market accounts and certificates of deposit. The company's sources of funds are deposits; amortization, prepayments, and maturities of outstanding loans; other short- term investments; and funds provided from operations.
Executives
Stephen M Bianchi officer: CEO and President 225 S. MAIN AVENUE, SIOUX FALLS SD 57104
Kristina M Bourget director 1703 PINE PARK DRIVE, EAU CLAIRE WI 54701
Kathleen Skarvan other: Director of Subsidiary 40 WEST HIGHLAND PARK DR NE, HUTCHINSON MN 55350
James S Broucek officer: Chief Financial Officer
Timothy L Olson director 2727 PINE VIEW ROAD, EAU CLAIRE WI 54703
James D Moll director 400 9TH AVE SW, WELLS MN 56097
Francis E Felber director 754 OAK ST, BARRON WI 54812
William Glen Bertrand other: Director of Subsidiary E3420 N PINECREEK ROAD, ELEVA WI 54738
Richard Mchugh director, other: Chairman C/O CITIZENS COMMUNITY BANCORP, 2174 EASTRIDGE CENTER, EAU CLAIRE WI 54701
Nicholas William Amundsen other: Director of Subsidiary S4443 RYGG ROAD, EAU CLAIRE WI 54701
Martin S. Friedman 10 percent owner 7901 JONES BRANCH DR. SUITE 210, MCLEAN VA 22102
James R Lang director 2194 EASTRIDGE CENTER, EAU CLAIRE WI 54701
Michael R Conner other: Director of Subsidiary 1124 CUMMINGS COURT, EAU CLAIRE WI 54701
Brian R Schilling director C/O CITIZENS COMMUNITY BANCORP, 2174 EASTRIDGE CENTER, EAU CLAIRE WI 54701
Michael L Swenson director 1414 WEST HAMILTON AVE., STE 3, EAU CLAIRE WI 54701