Professional
Added to YB: 2024-09-24
Pitch date: 2024-09-24
CZBS [bullish]
Citizens Bancshares Corporation
-2.03%
current return
Author Info
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Company Info
Citizens Bancshares Corporation operates as the holding company for Citizens Trust Bank that provides various commercial banking services to individual and corporate customers.
Market Cap
$83.2M
Pitch Price
$48.93
Price Target
N/A
Dividend
2.15%
Sector
Banks
Category
value
Show full summary:
Citizens Bancshares (CZBS)
CZBS: Atlanta-based MDI/CDFI bank, 6x P/E, 66% adj. book. $95.7M ECIP capital at 0-2% rate. 10% share reduction YoY. Tailwinds: higher yielding loans/securities, buybacks, grants. Risks: deposit costs, ECIP dividend. Management exploring M&A.
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