Professional
Added to YB: 2025-02-12
Pitch date: 2025-02-10
CZBS [bullish]
Citizens Bancshares Corporation
-1.82%
current return
Author Info
Cedar Creek Partners provides deep-dive research on undervalued companies. Follow on Twitter/X.
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
$98.0M
Pitch Price
$55.00
Price Target
N/A
Dividend
1.82%
Sector
Banks
Category
value
Cedar Creek Partners Portfolio Holding: Citizens Bancshares Corporation
CZBS: Atlanta bank received $95.7M ECIP capital Jun'22. Stock up 36% YoY + $1 dividend. 10% share reduction 2y. 9M'24 EPS $4.55 vs $4.23 9M'23. $3M loan loss provision both years. Overcapitalized, $7.50 EPS run rate. 7x P/E. Expect acquisition/growth + shareholder returns.
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