Professional
Added to YB: 2024-02-07
Pitch date: 2024-02-07
CZBS [bullish]
Citizens Bancshares Corporation
+4.18%
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
$83.2M
Pitch Price
$40.78
Price Target
87.02 (+105%)
Dividend
2.15%
EV/EBITDA
N/A
P/E
10.32
EV/Sales
N/A
Sector
Banks
Category
value
River Oaks Capital believes Citizens Bancorp ($CZBS) has 100%+ upside
CZBS: Atlanta community bank w/ $70M mkt cap. Mgmt responsive to shareholders, repurchased 10%+ of shares in '23 at 5 P/E. $100M+ cash > mkt cap. Earning $15M/yr (20% FCF yield). Buybacks at 5x could lead to 50% FCF yield in 5yrs. 100%+ upside.
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