Citizens Holding Company Reports Earnings
CITZNS HOLDINGS CO MISS (CIZN)
US:NASDAQ Investor Relations:
investor.citizensholdingcompany.com
Company Research
Source: Business Wire
PHILADELPHIA, Miss.--(BUSINESS WIRE)--Citizens Holding Company (the “Company”) (NASDAQ:CIZN) announced today results of operations for the three months ended March 31, 2020.(in thousands, except share and per share data)Net income for the three months ended March 31, 2020 was $1,160, or $0.21 per share-basic and diluted, a decrease of $67 from net income of $1,227, or $0.25 per share-basic and diluted for the same quarter in 2019. The majority of the decrease relates to additional non-interest expense and an increase in the interest paid on interest bearing liabilities that exceeded the increase in interest income and non-interest income.In light of the recent events surrounding the COVID-19 pandemic, the Company is continually assessing the effects of the pandemic to its employees, customers and communities. In March 2020, the Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”) was enacted. The CARES Act contains many provisions related to banking, lending, mortga
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News
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- Citizens Holding Company Announces Statement of Material Changes In Beneficial Ownership of SecuritiesBusiness Wire
- Citizens (NASDAQ:CIZN) had its "market outperform" rating reaffirmed by analysts at Citigroup Inc..MarketBeat
- Citizens (NASDAQ:CIZN) is now covered by analysts at Citigroup Inc.. They set a "market outperform" rating on the stock.MarketBeat