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Added to YB: 2026-03-03

Pitch date: 2026-02-27

CZBS [neutral]

Citizens Bancshares Corporation

-0.88%

current return

Author Info

River Oaks Capital is an investment fund that invests in a concentrated number of small, underfollowed micro cap & small cap public companies. Sign up for the newsletter.

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

$84.1M

Pitch Price

$47.92

Price Target

N/A

Dividend

2.09%

EV/EBITDA

N/A

P/E

7.67

EV/Sales

N/A

Sector

Banks

Category

value

Show full summary:
River Oaks Capital Portfolio Holding: Citizens Bancshares Corporation

CZBS (holding update): Atlanta community bank at $80M mkt cap, ~2x BV of $170M post-ECIP redemption (H2 2026 at 20-28% of face). 2025 FCF $12M (15%+ yield), rising to $15-20M (18-20%+ yield, 5-6x P/E) as $60-70M deployed via lending/M&A. $4M buyback + $3M div ongoing. CEO Cynthia Day executing conservative growth strategy.

Read full article (2 min)