Citizens Community Bancorp | 8-K: FY2025 Q3 Revenue: USD 25.28 M

Revenue: As of FY2025 Q3, the actual value is USD 25.28 M.

EPS: As of FY2025 Q3, the actual value is USD 0.37, meeting the estimate of USD 0.37.

EBIT: As of FY2025 Q3, the actual value is USD -8.029 M.

Net Interest Income: $13.2 million for the quarter ended September 30, 2025, a decrease from $13.3 million in the previous quarter, but an increase from $11.3 million in the same quarter of 2024.
Non-Interest Income: Increased by $0.2 million to $3.0 million in the third quarter of 2025 from $2.8 million in the previous quarter and $2.9 million in the third quarter of 2024.
Commercial Real Estate Loans: $683.9 million as of September 30, 2025.
Agricultural Real Estate Loans: $64.1 million as of September 30, 2025.
Multi-family Real Estate Loans: $237.2 million as of September 30, 2025.
Construction and Land Development Loans: $74.8 million as of September 30, 2025.
Commercial and Industrial Loans: $101.7 million as of September 30, 2025.
Agricultural Operating Loans: $30.1 million as of September 30, 2025.

Net Income: $3.7 million for the quarter ended September 30, 2025, compared to $3.3 million in the previous quarter and $3.3 million in the same quarter of 2024.
Provision for Credit Losses: $0.65 million for the quarter ended September 30, 2025, compared to $1.35 million in the previous quarter and a negative provision of $0.4 million in the same quarter of 2024.
Non-Interest Expense: Increased by $0.3 million to $11.1 million from $10.8 million in the previous quarter and $10.4 million in the third quarter of 2024.
Basic Earnings Per Share: $0.37 for the three months ended September 30, 2025, compared to $0.32 for the same period in 2024.
Diluted Earnings Per Share: $0.37 for the three months ended September 30, 2025, compared to $0.32 for the same period in 2024.
Pre-Provision Net Revenue (PPNR): $5,185,000 for the third quarter of 2025, compared to $5,397,000 in the second quarter of 2025.
Return on Average Assets (ROAA): 0.84% for the third quarter of 2025, compared to 0.75% in the second quarter of 2025.
Return on Average Tangible Common Equity (ROATCE): 9.8% for the third quarter of 2025, compared to 9.2% in the second quarter of 2025.
Efficiency Ratio: 67% for the third quarter of 2025, compared to 66% in the second quarter of 2025.

Allowance for Credit Losses: $22.2 million as of September 30, 2025, compared to $21.0 million as of December 31, 2024.

Book Value Per Share: Improved to $18.95 at September 30, 2025, from $18.36 at June 30, 2025, and $17.88 at September 30, 2024.
Tangible Book Value Per Share: Increased to $15.71 at September 30, 2025, from $15.15 at June 30, 2025, and $14.64 at September 30, 2024.
Delinquency Detail: Total past due loans were $16.1 million as of September 30, 2025, compared to $13.8 million as of June 30, 2025.

Citizens Community Bancorp, Inc. anticipates continued expansion in net interest margin and strong non-interest income driven by mortgage and SBA gains on sale. The tangible capital ratio now exceeds 9.1%, and tangible book value increased 3.7% from the linked quarter to $15.71 per share. However, middle-income consumers and smaller businesses are facing pressure from higher costs and slowing income growth, which may impact future performance. The company aims to optimize its balance sheet and earnings to support share buybacks and maintain a tangible common equity ratio greater than 8% to withstand economic shocks.