Filing Analysis
Citizens Community Bancorp, Inc. reports that during investor meetings on July 27, 2026, certain reporting persons (identified in a separate Schedule 13D/A) requested a seat on the Company's Board of Directors. The request has been referred to the Governance and Nomination Committee for review.
🚩 Red Flags
- Potential activist investor activity indicated by the request for a board seat following an earnings release/investor meeting.
📋 Key Facts
- Meeting held on July 27, 2026, with Andrew Schornack and other reporting persons.
- Reporting persons requested a seat on the Company's Board of Directors.
- The Board currently has no vacancies following the Annual Meeting of Stockholders on June 16, 2026.
- The request will be evaluated by the Governance and Nomination Committee to determine if a vacancy should be created.
Citizens Community Bancorp Inc. reported the results of its 2026 Annual Meeting of Stockholders held on June 16, 2026. Shareholders approved the election of directors, a new Omnibus Incentive Plan, executive compensation, and the ratification of Crowe LLP as the independent auditor.
📋 Key Facts
- Annual Meeting held on June 16, 2026, with 9,628,612 shares eligible to vote.
- Directors Michael Conner, Francis Felber, and Nicholas Amundsen were elected.
- The 2026 Omnibus Incentive Plan was approved (5,872,050 votes for).
- Executive compensation was approved via a non-binding advisory vote (5,548,511 votes for).
- Crowe LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2026.
Citizens Community Bancorp, Inc. announced its financial results for the first quarter ended March 31, 2026, and declared a quarterly cash dividend of $0.105 per share.
📋 Key Facts
- Announced Q1 2026 financial results on April 27, 2026.
- Declared a quarterly cash dividend of $0.105 per share on April 24, 2026.
- Dividend record date is May 8, 2026, and payment date is May 22, 2026.
- The company furnished an Earnings Release Supplement and Presentation as exhibits 99.2 and 99.3.
Michael L. Swenson, a director at Citizens Community Bancorp since 2011, notified the company on April 14, 2026, that he will not stand for re-election at the upcoming annual meeting. His term will conclude on June 16, 2026, and the company reported no disagreements associated with his departure.
📋 Key Facts
- Director Michael L. Swenson provided notice of non-reelection on April 14, 2026.
- Swenson has served as a member of the Board of Directors since May 2011.
- He will continue to serve until the annual meeting of stockholders scheduled for June 16, 2026.
- The company explicitly stated the decision was not due to any disagreement with the Company.
Citizens Community Bancorp, Inc. announced that its CEO and CFO will participate in the 2026 CEO Forum hosted by Janney Montgomery Scott on February 4-5, 2026. The management team will deliver a presentation to institutional investors regarding company matters and operating results.
📋 Key Facts
- CEO Stephen Bianchi and CFO James S. Broucek to attend the 2026 CEO Forum in Scottsdale, Arizona.
- Event dates: February 4 - February 5, 2026.
- The presentation is intended to provide information regarding matters impacting the Company's operating results.
- Management will engage with institutional investors during the conference.
Citizens Community Bancorp, Inc. announced its financial results for the three and twelve months ended December 31, 2025. The company also declared a quarterly cash dividend of $0.105 per share.
📋 Key Facts
- Announced financial results for the three and twelve months ended December 31, 2025 (Item 2.02).
- Declared a quarterly cash dividend of $0.105 per share (Item 8.01).
- Dividend record date: February 6, 2026; Payment date: February 20, 2026.
- Earnings presentation to be updated for the 2026 CEO Forum hosted by Janney Montgomery Scott.
Citizens Community Bancorp, Inc. announced that its CEO and CFO will participate in the Hovde Group Financial Services Conference on November 6-7, 2025. The company will provide a presentation to institutional investors regarding matters impacting operating results.
📋 Key Facts
- CEO Stephen Bianchi and CFO James S. Broucek to attend the Hovde Group Financial Services Conference in Naples, Florida.
- Conference dates: November 6 - November 7, 2025.
- The company will provide a presentation to institutional investors during the event.
- Presentation material is furnished as Exhibit 99.1 under Item 7.01.
Citizens Community Bancorp, Inc. filed an 8-K to announce its financial results for the three and nine months ended September 30, 2025. The filing includes a press release, earnings supplement, and presentation.
📋 Key Facts
- Report date: October 27, 2025
- Reporting period: Three and nine months ended September 30, 2025
- The company will present at the Hovde Group Financial Services Conference on October 29, 2025
- Exhibits included: Press Release (99.1), Earnings Release Supplement (99.2), and Earnings Release Presentation (99.3)
Citizens Community Bancorp, Inc. announced its Q2 2025 financial results and simultaneously authorized a new stock repurchase program. The company intends to repurchase up to 499,000 shares of common stock, representing approximately 5% of outstanding shares.
📋 Key Facts
- Company issued earnings release for the three and six months ended June 30, 2025.
- Board of Directors approved a stock repurchase program on July 24, 2025.
- The repurchase program allows for up to 499,000 shares of common stock to be repurchased.
- Repurchase amount represents approximately 5% of the current outstanding shares.
- Repurchases can be conducted via open market or private transactions, including block trades.
Citizens Community Bancorp, Inc. has announced the early redemption of its $15 million in 6.00% fixed-to-floating rate subordinated notes due September 2030. The Board approved the redemption on July 7, 2025, with a scheduled redemption date of September 1, 2025.
📋 Key Facts
- Redemption of entire principal balance of $15 million in subordinated notes.
- Notes carry a 6.00% fixed-to-floating rate.
- Original issuance date: August 27, 2020; original maturity: September 1, 2030.
- Redemption date set for September 1, 2025.
- The redemption includes the principal amount plus all accrued and unpaid interest.
Citizens Community Bancorp, Inc. held its 2025 Annual Meeting of Stockholders on June 17, 2025. The meeting resulted in the election of three directors and the ratification of the company's independent auditor.
📋 Key Facts
- Annual Meeting held on June 17, 2025.
- Stephen M. Bianchi, James D. Moll, and Kathleen S. Skarvan were elected to the Board of Directors.
- Stockholders ratified the appointment of Crowe LLP as the independent registered public accounting firm for fiscal year ending Dec 31, 2025.
- A non-binding advisory vote on executive compensation was approved by stockholders.
Citizens Community Bancorp, Inc. filed an 8-K to announce its financial results for the first quarter ended March 31, 2025. The filing includes a press release and supplementary earnings presentations.
📋 Key Facts
- Report date: April 28, 2025
- Reporting period: Three months ended March 31, 2025
- The company issued an Earnings Release Supplement (Exhibit 99.2) and an Earnings Release Presentation (Exhibit 99.3)
- Signed by James S. Broucek, Chief Financial Officer
Citizens Community Bancorp, Inc. announced that its CEO and CFO will participate in the 2025 Janney CEO Forum in Scottsdale, Arizona, on January 29-30, 2025. The management team will deliver a presentation to institutional investors regarding company matters and operating results.
📋 Key Facts
- CEO Stephen Bianchi and CFO James S. Broucek to attend the Janney CEO Forum (Jan 29-30, 2025).
- Management will provide a presentation to institutional investors at the conference.
- The filing includes an investor presentation as Exhibit 99.1.
Citizens Community Bancorp, Inc. filed an 8-K to announce its financial results for the three and twelve months ended December 31, 2024. The filing also includes a notice regarding an annual cash dividend declaration.
📋 Key Facts
- Announced financial results for the three and twelve months ended December 31, 2024.
- Declared an annual cash dividend of $0.36 per share.
- Dividend record date is February 7, 2025; payable on February 21, 2025.
Citizens Community Bancorp, Inc. announced that its CEO and CFO will participate in the 2024 Hovde Group Financial Services Conference from November 6-8, 2024. The company will provide a presentation to institutional investors regarding matters impacting operating results.
📋 Key Facts
- CEO Stephen Bianchi and CFO James S. Broucek to attend the 2024 Hovde Group Financial Services Conference in Miami Beach, FL.
- Conference dates: November 6 - November 8, 2024.
- Management will deliver a presentation to institutional investors regarding company matters and operating results.
Citizens Community Bancorp, Inc. filed an 8-K to announce its financial results for the three and nine months ended September 30, 2024. The filing includes a press release, earnings supplement, and presentation as exhibits.
📋 Key Facts
- Reported financial results for the three and nine months ended September 30, 2024.
- Filed on October 28, 2024.
- Included Exhibits 99.1 (Press Release), 99.2 (Earnings Release Supplement), and 99.3 (Earnings Presentation).
- Scheduled to file an updated presentation for the Hovde Investor Conference on November 4, 2024.
Citizens Community Bancorp, Inc. announced that its CEO and CFO will participate in the Janney Financial Services Conference on September 16-17, 2024. The management team will deliver a presentation to institutional investors regarding company matters and operating results.
📋 Key Facts
- CEO Stephen Bianchi and CFO James S. Broucek to attend the Janney Financial Services Conference in Washington, DC.
- Conference dates: September 16 - September 17, 2024.
- Management will provide a presentation to institutional investors regarding company matters and operating results.
- The filing includes an Exhibit 99.1 containing the presentation material.
Citizens Community Bancorp, Inc. announced its Q2 2024 financial results and approved a new stock repurchase program. The company intends to repurchase up to 512,000 additional shares of common stock through June 20, 2025.
📋 Key Facts
- Announced financial results for the three and six months ended June 30, 2024 (Item 2.02).
- Board approved a new stock repurchase program effective through June 20, 2025 (Item 8.01).
- New repurchase authorization: 512,000 shares.
- Remaining shares from existing July 2021 program: 43,000 shares.
- Total available for repurchase as of July 25, 2024: 555,000 shares (approx. 5% of outstanding shares).
- Repurchases to be conducted via open market or private transactions, including potential Rule 10b5-1 plans.
Citizens Community Bancorp, Inc. held its 2024 Annual Meeting of Stockholders on June 18, 2024. The meeting resulted in the election of two directors and the ratification of the company's independent auditor.
📋 Key Facts
- Annual Meeting held on June 18, 2024.
- Kristina M. Bourget was elected to the Board of Directors (5,611,332 votes for).
- Timothy L. Olson was elected to the Board of Directors (4,868,319 votes for).
- Stockholders ratified the appointment of Crowe LLP as independent registered public accounting firm for fiscal year ending Dec 31, 2024.
- Advisory (non-binding) vote on executive compensation was approved by stockholders.
Citizens Community Bancorp, Inc. filed an 8-K to announce its financial results for the first quarter ended March 31, 2024. The filing includes a press release and supplemental earnings presentations.
📋 Key Facts
- Report date: April 29, 2024
- Reporting period: Three months ended March 31, 2024
- The company furnished results of operations and financial condition via Item 2.02.
- Exhibits included: Press Release (99.1), Earnings Release Supplement (99.2), and Earnings Release Presentation (99.3).
Citizens Community Bancorp, Inc. announced the appointment of Crowe LLP as its new independent registered public accounting firm for the fiscal year ending December 31, 2024. The change is due to the current auditor, Eide Bailly LLP, exiting the financial institution portion of its SEC audit practice.
🚩 Red Flags
- None identified; auditor change is due to industry-wide practice shift by the previous firm rather than company-specific issues.
📋 Key Facts
- Crowe LLP has been appointed as the new independent registered public accounting firm for the year ending December 31, 2024.
- The change was prompted by current auditor Eide Bailly LLP's decision to exit the financial institution portion of its SEC audit practice.
- Eide Bailly LLP declined reappointment for reasons unrelated to the Company.
- As of March 5, 2024, Crowe is still in standard client acceptance procedures and has not yet formally accepted the engagement.
Citizens Community Bancorp, Inc. announced that its Chairman, President & CEO and CFO will participate in the 2024 Janney CEO Forum to present on company matters impacting operating results. This is a routine Regulation FD disclosure regarding upcoming investor relations activities.
📋 Key Facts
- Management participation: Stephen Bianchi (CEO) and James S. Broucek (CFO).
- Event: 2024 Janney CEO Forum in Scottsdale, Arizona.
- Dates: January 31 - February 1, 2024.
- Purpose: Presentation to institutional investors regarding matters impacting the Company and its operating results.
Citizens Community Bancorp, Inc. announced its financial results for the three and twelve months ended December 31, 2023. Additionally, the Board declared an annual cash dividend of $0.32 per share.
📋 Key Facts
- Financial results for the three and twelve months ended December 31, 2023 were released on January 29, 2024.
- The Board of Directors declared an annual cash dividend of $0.32 per share.
- Dividend record date is February 9, 2024; payment date is February 23, 2024.