Citizens Holding Q2 net income climbs 69.4% to $3.2 million vs prior quarter
Reuters2026/07/29 21:21- Citizens Holding posted Q2 net income of $3.2 million, up 69.4% from Q1, with EPS of $0.56.
- Net interest income rose 3.1% from Q1 to $11.64 million; net interest margin widened 3 basis points to 3.37%.
- Noninterest income climbed 43.9% from Q1, driven by a $1.51 million pre-tax gain from a branch sale-leaseback.
- Loans increased 5.72% from Q1 to $892.79 million; deposits fell 2% to $1.32 billion, while noninterest-bearing balances rose 3.8% to $301.82 million.
- CEO Stacy Brantley said the bank lifted its Tier 1 leverage ratio by 14 bps in Q2 to 9.11%, up 66 bps year-to-date.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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