Every material Form 8-K Citizens Community Bancorp Inc. has filed with the SEC since September 02, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
On October 22, 2026, Citizens Community Bancorp's board, acting on its Governance and Nomination Committee's recommendation, decided not to create a vacancy and kept its size at eight directors for now. The filing states the board is committed to acting in the best interests of all stockholders, and it gives no financial figures or further detail on the stockholder nomination.
Board decided on October 22, 2026 not to create a vacancy, maintaining eight directors at this time
Decision was made on the recommendation of the Governance and Nomination Committee
Filing says the board is acting consistent with its fiduciary duties to all stockholders
Citizens Community Bancorp reported third-quarter 2026 net income of $5.4 million, or $0.56 per diluted share, up from $1.1 million, or $0.11, in the second quarter, and from $3.7 million, or $0.37, a year earlier. The board also raised the quarterly dividend 14% to $0.12 per share, but criticized and substandard loans rose during the quarter, which shareholders may want to track.
Q3 2026 net income was $5.4 million, or $0.56 per diluted share, versus $1.1 million, or $0.11, in Q2 2026 and $3.7 million, or $0.37, in Q3 2025.
Net interest margin rose to 3.37% from 3.22% in Q2 2026, and the provision for credit losses fell to $0.13 million from $4.33 million.
The board raised the quarterly dividend 14% to $0.12 per share, payable November 20, 2026, to holders of record on November 6, 2026.
Criticized loans rose to $61.2 million from $55.1 million at June 30, 2026, and substandard loans increased $12.4 million to $47.6 million.
Citizens Community Bancorp's Board approved a new share repurchase authorization of up to 482,500 shares of common stock, running through September 1, 2027. The new program replaces a July 2025 authorization that expired July 23, 2026, with 112,867 shares still unused at expiration. The company is not obligated to buy any shares, and timing and amount will depend on price and market conditions.
New authorization covers up to 482,500 shares through September 1, 2027.
Prior July 2025 authorization of up to 499,000 shares expired July 23, 2026, with 112,867 shares remaining.
Repurchases may be made on the open market under Rule 10b-18, including through Rule 10b5-1 trading plans, and the Board may amend or end the program at any time.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Citizens Community Bancorp Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →