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CITZNS HOLDINGS CO MISS - CIZN STOCK NEWS

Welcome to our dedicated page for CITZNS HOLDINGS CO MISS news (Ticker: CIZN), a resource for investors and traders seeking the latest updates and insights on CITZNS HOLDINGS CO MISS stock.

Citizens Holding Company (CIZN), headquartered in Philadelphia, Mississippi, is the parent company of The Citizens Bank of Philadelphia. Established over a century ago, The Citizens Bank of Philadelphia has consistently emphasized community banking, aiming to grow dreams and improve the regions it serves, stretching from Starkville to the Gulf Coast.

Focused on providing a comprehensive suite of financial services, the bank caters to individual and business clients with an array of products ranging from traditional deposit accounts to sophisticated loan options. Their offerings include personal and business banking, mortgages, online banking, and wealth management services.

Citizens Holding Company is committed to solid, planned growth, with a strategic vision that leverages its historical strength and stability. Recent achievements include expanding its digital banking capabilities and enhancing customer service through technological advancements and innovative financial solutions.

Financially, Citizens Holding Company is known for its robustness, demonstrated by a stable balance sheet and a disciplined approach to risk management. The company's financial health is further supported by its strategic partnerships and strong local ties, which contribute to its reputation as a trustworthy and reliable financial institution.

Through community-centric initiatives and a customer-first philosophy, Citizens Holding Company continues to make a significant impact in the areas it serves, fostering economic growth and enhancing the quality of life for its customers.

Rhea-AI Summary
Citizens Holding Company (CIZN) announced a net loss for the three months ended December 31, 2023, with a decrease in net income compared to the same period in 2022. Despite this, there was an increase in total revenues, primarily due to an increase in interest income attributed to loan growth and higher interest rates. The company's loan growth, credit metrics, and strong capital position are highlighted, but net interest income and noninterest income have seen decreases. The CEO expressed optimism about the company's strategic restructuring and balance sheet repositioning to add long-term value for shareholders.
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Citizens Holding Company (CIZN) has executed an agreement for the sale-leaseback of 3 properties, expecting to realize a pre-tax gain of approximately $4.5 million. The transaction closed on January 19, 2024, with an aggregate cash purchase price of $11 million. The CFO emphasized the positive impact on the company's balance sheet, future growth plans, and value realization.
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Citizens Holding Company (CIZN) to Voluntarily Delist from NASDAQ and Deregister Common Stock
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Citizens Holding Company (CIZN) declares a quarterly dividend of $0.16 per share on its common stock, reflecting a dividend yield of approximately 6%. CEO Stacy Brantley emphasizes the company's commitment to returning value to shareholders amidst persistent earnings headwinds and a focus on repositioning the balance sheet for improved profitability and managing interest rate risk.
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Citizens Holding Company announces Q3 2023 results with net income of $1,207, a linked-quarter increase of 302.33%. Total revenues increase by 19.27% due to rising interest rates. Loans held for investment increase by 2.18%. NPAs decrease by 4.13%. CEO expects deposit costs to rise slightly.
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Citizens Holding Company declares quarterly dividend of $0.16 per share on common stock.
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FAQ

What is the current stock price of CITZNS HOLDINGS CO MISS (CIZN)?

The current stock price of CITZNS HOLDINGS CO MISS (CIZN) is $9.5 as of December 20, 2024.

What is the market cap of CITZNS HOLDINGS CO MISS (CIZN)?

The market cap of CITZNS HOLDINGS CO MISS (CIZN) is approximately 49.3M.

What does Citizens Holding Company do?

Citizens Holding Company is the parent company of The Citizens Bank of Philadelphia, offering a range of financial services to individuals and businesses.

Where is Citizens Holding Company located?

Citizens Holding Company is based in Philadelphia, Mississippi, with The Citizens Bank of Philadelphia having locations across Mississippi.

What services does The Citizens Bank of Philadelphia provide?

The bank provides personal and business banking, mortgages, online banking, and wealth management services.

How long has The Citizens Bank of Philadelphia been in operation?

The bank has been serving communities for over a century.

What is Citizens Holding Company's approach to growth?

Citizens Holding Company focuses on solid, planned growth, leveraging its historical strength and stability.

How does Citizens Holding Company contribute to the community?

The company emphasizes community banking, aiming to grow dreams and improve the regions within its footprint through various initiatives.

Is Citizens Holding Company financially stable?

Yes, Citizens Holding Company maintains a stable balance sheet and employs a disciplined approach to risk management.

What recent achievements has Citizens Holding Company made?

Recent achievements include expanding digital banking capabilities and enhancing customer service through technological advancements.

What is the strategic vision of Citizens Holding Company?

The company aims for future growth leveraging its strength, stability, and strong local ties to provide innovative financial solutions.

How can I stay updated with the latest news about Citizens Holding Company?

You can stay updated with the latest news and developments by visiting financial news websites or the company's official website.

CITZNS HOLDINGS CO MISS

OTC:CIZN

CIZN Rankings

CIZN Stock Data

49.32M
4.69M
17.51%
0.89%
Banks - Regional
Financial Services
Link
United States of America
Philadelphia