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Stock impact report

Citizens Holding Company Reports Earnings

Citizens Holding Company (CIZN) 
US:NASDAQ Investor Relations: investor.citizensholdingcompany.com
Company Research Source: Business Wire
PHILADELPHIA, Miss.--(BUSINESS WIRE)--Citizens Holding Company (the “Company”) (OTCQX:CIZN) announced today results of operations for the three months ended March 31, 2024.(in thousands, except share and per share data)Net income for the three months ended March 31, 2024 was $2,868, or $0.51 per share-basic and diluted, a linked-quarter increase of $3,662, or 461.21%, from a net loss of ($794), or ($0.14), per share-basic and diluted, for the three months ended December 31, 2023. Net income also increased $1,728, or 151.58%, from net income of $1,140, or $0.20, per share-basic and diluted for the same quarter in 2023.Fourth Quarter HighlightsTotal revenues, or interest and non-interest income, for the three months ended March 31, 2024 totaled $21,213, an increase of $6,020, or 39.62%, from the prior quarter. The increase in total revenue is primarily attributed to an increase of $4,920, or 535.36%, in non-interest income attributed to a one-time gain on a sale-leaseback transactio Show less Read more
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