Last $8.46 USD
Change Today -0.04 / -0.47%
Volume 100.0
CZBS On Other Exchanges
Symbol
Exchange
OTC US
Berlin
As of 8:10 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

citizens bancshares corp (CZBS) Snapshot

Open
$8.46
Previous Close
$8.50
Day High
$8.46
Day Low
$8.46
52 Week High
05/8/14 - $8.99
52 Week Low
09/30/13 - $5.40
Market Cap
18.2M
Average Volume 10 Days
744.1
EPS TTM
--
Shares Outstanding
2.1M
EX-Date
05/2/14
P/E TM
--
Dividend
$0.08
Dividend Yield
0.95%
Current Stock Chart for CITIZENS BANCSHARES CORP (CZBS)

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citizens bancshares corp (CZBS) Details

Citizens Bancshares Corporation operates as the holding company for the Citizens Trust Bank that provides various commercial and personal banking services to individual and corporate customers in the United States. It offers commercial and consumer deposit accounts, including non-interest bearing checking accounts, money market checking accounts, negotiable order of withdrawal accounts, individual retirement accounts, time certificates of deposit, sweep accounts, and regular savings accounts. The company’s loan portfolio comprises small business loans, consumer/installment loans, mortgage loans, home equity lines of credit, construction loans, and commercial loans. It operates seven full-service financial centers in metropolitan Atlanta, Georgia; one full-service financial center in Columbus, Georgia; one full-service financial center in Birmingham, Alabama; and one full-service branch in Eutaw, Alabama. The company was founded in 1921 and is based in Atlanta, Georgia.

102 Employees
Last Reported Date: 03/31/14
Founded in 1921

citizens bancshares corp (CZBS) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $280.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $147.0K
Chief Credit Officer and Executive Vice Presi...
Total Annual Compensation: $130.1K
Compensation as of Fiscal Year 2013.

citizens bancshares corp (CZBS) Key Developments

Citizens Bancshares Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Citizens Bancshares Corporation reported earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net income before preferred dividends of $473,000 compared to $271,000 for the same period last year. Net income available to common shareholders for the second quarter of 2014 was $414,000, or $0.19 per diluted common share compared to $212,000, or $0.10 per diluted common share, reported for the second quarter of 2013, representing a 95% increase year-over-year. Total revenues were $4.404 million compared to $4.628 million a year ago. Total revenues declined by $224,000 compared to the same quarter last year due to a decrease of $182,000 in noninterest income caused by lower gains on securities sales and service charge income. Year-to-date, the Company reported net income before preferred dividends of $889,000 compared to $543,000 for the same period in 2013. Net income available to common shareholders for the six month period was $771,000, or $0.35 per diluted common share compared to $425,000, or $0.20 per diluted common share, reported for the same period in 2013.

Citizens Bancshares Corporation Announces Annual Dividend, Payable on May 14, 2014

Citizens Bancshares Corporation announced its annual dividend on common stock of $0.08 per share, payable on May 14, 2014 to shareholders of record as of the close of business on May 6, 2014.

Citizens Bancshares Corporation, Annual General Meeting, May 19, 2014

Citizens Bancshares Corporation, Annual General Meeting, May 19, 2014., at 11:00 US Eastern Standard Time. Location: Loudermilk Conference Center. Agenda: To elect two Class III directors, one to serve a three-year term expiring at the 2017 annual meeting and one to serve a one-year term expiring at the 2015 meeting; to approve the first amendment to the Citizens Bancshares Corporation 2009 Long-Term Incentive Plan reserving additional shares of common stock to be issued under the plan; to ratify the appointment of Elliott Davis, LLC, as the independent registered public accounting firm for the fiscal year ending December 31, 2014; to adopt an advisory resolution approving executive compensation; and to transact such other business as may properly come before the meeting or any adjournments thereof.

 

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CZBS

Industry Average

Valuation CZBS Industry Range
Price/Earnings 12.6x
Price/Sales 1.1x
Price/Book 0.5x
Price/Cash Flow 10.3x
TEV/Sales NM Not Meaningful
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