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[8-K] Citizens Community Bancorp, Inc. Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Citizens Community Bancorp, Inc. (NASDAQ: CZWI) reported the results of its 17 June 2025 Annual Meeting on Form 8-K. Of the 9,989,536 eligible shares, approximately 70% were represented. All three Class III director nominees were elected: Stephen M. Bianchi received 91.5% of votes cast, while James D. Moll and Kathleen S. Skarvan received about 76.9% each, with 945,491 broker non-votes recorded for every nominee. Shareholders ratified Crowe LLP as independent auditor for FY 2025 with 98.4% support. The non-binding say-on-pay resolution passed with 88.5% approval. No other matters were presented, and there were no disclosures of financial performance, strategic transactions, or governance changes beyond routine voting outcomes.

Citizens Community Bancorp, Inc. (NASDAQ: CZWI) ha comunicato i risultati della sua Assemblea Annuale del 17 giugno 2025 tramite il modulo 8-K. Su 9.989.536 azioni ammissibili, circa il 70% era rappresentato. Tutti e tre i candidati alla carica di direttore di Classe III sono stati eletti: Stephen M. Bianchi ha ottenuto il 91,5% dei voti espressi, mentre James D. Moll e Kathleen S. Skarvan hanno ricevuto circa il 76,9% ciascuno, con 945.491 voti non espressi da broker per ogni candidato. Gli azionisti hanno ratificato Crowe LLP come revisore indipendente per l'esercizio 2025 con il 98,4% di consenso. La risoluzione non vincolante sul say-on-pay è stata approvata con l'88,5% dei voti. Non sono state presentate altre questioni né sono state comunicate informazioni su performance finanziarie, operazioni strategiche o cambiamenti nella governance oltre ai risultati ordinari delle votazioni.

Citizens Community Bancorp, Inc. (NASDAQ: CZWI) informó los resultados de su Junta Anual del 17 de junio de 2025 mediante el Formulario 8-K. De las 9,989,536 acciones elegibles, aproximadamente el 70% estuvieron representadas. Los tres candidatos para directores de Clase III fueron elegidos: Stephen M. Bianchi obtuvo el 91.5% de los votos emitidos, mientras que James D. Moll y Kathleen S. Skarvan recibieron alrededor del 76.9% cada uno, con 945,491 votos no emitidos por corredores para cada candidato. Los accionistas ratificaron a Crowe LLP como auditor independiente para el año fiscal 2025 con un apoyo del 98.4%. La resolución no vinculante de say-on-pay fue aprobada con un 88.5% de votos a favor. No se presentaron otros asuntos ni se divulgaron detalles sobre desempeño financiero, transacciones estratégicas o cambios en la gobernanza más allá de los resultados habituales de la votación.

Citizens Community Bancorp, Inc. (NASDAQ: CZWI)는 2025년 6월 17일 연례 주주총회 결과를 Form 8-K를 통해 보고했습니다. 총 9,989,536주 중 약 70%가 참석했습니다. 클래스 III 이사 후보 세 명 모두 선출되었으며, Stephen M. Bianchi는 투표자의 91.5%의 지지를 받았고, James D. MollKathleen S. Skarvan는 각각 약 76.9%의 지지를 받았으며, 각 후보마다 945,491건의 중개인 무투표가 기록되었습니다. 주주들은 FY 2025 회계연도 독립 감사인으로 Crowe LLP를 98.4%의 지지로 승인했습니다. 비구속적인 보수 승인(say-on-pay) 결의안은 88.5%의 찬성으로 통과되었습니다. 기타 안건은 없었으며, 재무 성과, 전략적 거래 또는 거버넌스 변경 사항에 관한 추가 공시는 없었습니다.

Citizens Community Bancorp, Inc. (NASDAQ : CZWI) a communiqué les résultats de son Assemblée Générale Annuelle du 17 juin 2025 via le formulaire 8-K. Sur les 9 989 536 actions éligibles, environ 70 % étaient représentées. Les trois candidats au poste d'administrateur de la classe III ont été élus : Stephen M. Bianchi a obtenu 91,5 % des voix exprimées, tandis que James D. Moll et Kathleen S. Skarvan ont chacun reçu environ 76,9 %, avec 945 491 votes non exprimés par les courtiers pour chaque candidat. Les actionnaires ont ratifié Crowe LLP en tant qu'auditeur indépendant pour l'exercice 2025 avec un soutien de 98,4 %. La résolution consultative sur la rémunération (say-on-pay) a été adoptée avec 88,5 % d'approbation. Aucun autre point n’a été présenté et aucune divulgation concernant la performance financière, les transactions stratégiques ou les changements de gouvernance au-delà des résultats habituels des votes n’a été faite.

Citizens Community Bancorp, Inc. (NASDAQ: CZWI) berichtete die Ergebnisse seiner Jahreshauptversammlung am 17. Juni 2025 im Formular 8-K. Von den 9.989.536 stimmberechtigten Aktien waren etwa 70 % vertreten. Alle drei Kandidaten für den Klasse-III-Direktor wurden gewählt: Stephen M. Bianchi erhielt 91,5 % der abgegebenen Stimmen, während James D. Moll und Kathleen S. Skarvan jeweils etwa 76,9 % erhielten, wobei für jeden Kandidaten 945.491 Broker-Non-Votes verzeichnet wurden. Die Aktionäre ratifizierten Crowe LLP als unabhängigen Wirtschaftsprüfer für das Geschäftsjahr 2025 mit 98,4 % Zustimmung. Die unverbindliche Say-on-Pay-Resolution wurde mit 88,5 % Zustimmung angenommen. Weitere Themen wurden nicht behandelt, und es gab keine Offenlegungen zu finanzieller Leistung, strategischen Transaktionen oder Governance-Änderungen über die routinemäßigen Abstimmungsergebnisse hinaus.

Positive
  • All management proposals approved, indicating general shareholder support for board and pay practices
  • Auditor ratification passed with 98.4% support, suggesting confidence in financial reporting
Negative
  • Approximately 23% of votes were withheld from two directors, reflecting moderate dissent that the board may need to address

Insights

TL;DR: Routine AGM; all proposals passed, moderate dissent on two directors, no material impact expected.

Shareholder voting patterns are in line with regional bank peers. Support for auditor ratification (98.4%) and executive compensation (88.5%) suggests no widespread governance concerns. The c.23% withhold rate for directors Moll and Skarvan is elevated but not uncommon and unlikely to force immediate board action. Because no new strategic items or capital measures were introduced, the filing is largely procedural, signalling stability rather than a catalyst for valuation change.

Citizens Community Bancorp, Inc. (NASDAQ: CZWI) ha comunicato i risultati della sua Assemblea Annuale del 17 giugno 2025 tramite il modulo 8-K. Su 9.989.536 azioni ammissibili, circa il 70% era rappresentato. Tutti e tre i candidati alla carica di direttore di Classe III sono stati eletti: Stephen M. Bianchi ha ottenuto il 91,5% dei voti espressi, mentre James D. Moll e Kathleen S. Skarvan hanno ricevuto circa il 76,9% ciascuno, con 945.491 voti non espressi da broker per ogni candidato. Gli azionisti hanno ratificato Crowe LLP come revisore indipendente per l'esercizio 2025 con il 98,4% di consenso. La risoluzione non vincolante sul say-on-pay è stata approvata con l'88,5% dei voti. Non sono state presentate altre questioni né sono state comunicate informazioni su performance finanziarie, operazioni strategiche o cambiamenti nella governance oltre ai risultati ordinari delle votazioni.

Citizens Community Bancorp, Inc. (NASDAQ: CZWI) informó los resultados de su Junta Anual del 17 de junio de 2025 mediante el Formulario 8-K. De las 9,989,536 acciones elegibles, aproximadamente el 70% estuvieron representadas. Los tres candidatos para directores de Clase III fueron elegidos: Stephen M. Bianchi obtuvo el 91.5% de los votos emitidos, mientras que James D. Moll y Kathleen S. Skarvan recibieron alrededor del 76.9% cada uno, con 945,491 votos no emitidos por corredores para cada candidato. Los accionistas ratificaron a Crowe LLP como auditor independiente para el año fiscal 2025 con un apoyo del 98.4%. La resolución no vinculante de say-on-pay fue aprobada con un 88.5% de votos a favor. No se presentaron otros asuntos ni se divulgaron detalles sobre desempeño financiero, transacciones estratégicas o cambios en la gobernanza más allá de los resultados habituales de la votación.

Citizens Community Bancorp, Inc. (NASDAQ: CZWI)는 2025년 6월 17일 연례 주주총회 결과를 Form 8-K를 통해 보고했습니다. 총 9,989,536주 중 약 70%가 참석했습니다. 클래스 III 이사 후보 세 명 모두 선출되었으며, Stephen M. Bianchi는 투표자의 91.5%의 지지를 받았고, James D. MollKathleen S. Skarvan는 각각 약 76.9%의 지지를 받았으며, 각 후보마다 945,491건의 중개인 무투표가 기록되었습니다. 주주들은 FY 2025 회계연도 독립 감사인으로 Crowe LLP를 98.4%의 지지로 승인했습니다. 비구속적인 보수 승인(say-on-pay) 결의안은 88.5%의 찬성으로 통과되었습니다. 기타 안건은 없었으며, 재무 성과, 전략적 거래 또는 거버넌스 변경 사항에 관한 추가 공시는 없었습니다.

Citizens Community Bancorp, Inc. (NASDAQ : CZWI) a communiqué les résultats de son Assemblée Générale Annuelle du 17 juin 2025 via le formulaire 8-K. Sur les 9 989 536 actions éligibles, environ 70 % étaient représentées. Les trois candidats au poste d'administrateur de la classe III ont été élus : Stephen M. Bianchi a obtenu 91,5 % des voix exprimées, tandis que James D. Moll et Kathleen S. Skarvan ont chacun reçu environ 76,9 %, avec 945 491 votes non exprimés par les courtiers pour chaque candidat. Les actionnaires ont ratifié Crowe LLP en tant qu'auditeur indépendant pour l'exercice 2025 avec un soutien de 98,4 %. La résolution consultative sur la rémunération (say-on-pay) a été adoptée avec 88,5 % d'approbation. Aucun autre point n’a été présenté et aucune divulgation concernant la performance financière, les transactions stratégiques ou les changements de gouvernance au-delà des résultats habituels des votes n’a été faite.

Citizens Community Bancorp, Inc. (NASDAQ: CZWI) berichtete die Ergebnisse seiner Jahreshauptversammlung am 17. Juni 2025 im Formular 8-K. Von den 9.989.536 stimmberechtigten Aktien waren etwa 70 % vertreten. Alle drei Kandidaten für den Klasse-III-Direktor wurden gewählt: Stephen M. Bianchi erhielt 91,5 % der abgegebenen Stimmen, während James D. Moll und Kathleen S. Skarvan jeweils etwa 76,9 % erhielten, wobei für jeden Kandidaten 945.491 Broker-Non-Votes verzeichnet wurden. Die Aktionäre ratifizierten Crowe LLP als unabhängigen Wirtschaftsprüfer für das Geschäftsjahr 2025 mit 98,4 % Zustimmung. Die unverbindliche Say-on-Pay-Resolution wurde mit 88,5 % Zustimmung angenommen. Weitere Themen wurden nicht behandelt, und es gab keine Offenlegungen zu finanzieller Leistung, strategischen Transaktionen oder Governance-Änderungen über die routinemäßigen Abstimmungsergebnisse hinaus.

0001367859false00013678592025-06-172025-06-17


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
________________

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):  June 17, 2025

CITIZENS COMMUNITY BANCORP, INC.
(Exact name of registrant as specified in its charter)

Maryland
(State or other jurisdiction of incorporation)
001-33003 20-5120010
(Commission File Number) (I.R.S. Employer Identification No.)

2174 EastRidge Center
Eau Claire, WI 54701
(Address and Zip Code of principal executive offices)


715-836-9994
(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
  
 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered or to be registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $.01 par value per shareCZWINASDAQ Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933. (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter.)
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.





Item 5.07.  Submission of Matters to a Vote of Security Holders.

On June 17, 2025, Citizens Community Bancorp, Inc. (the "Company") held its 2025 Annual Meeting of Stockholders (the "Annual Meeting"). A total of 9,989,536 shares of common stock were eligible to vote at the Annual Meeting. The matters voted on at the Annual Meeting were as follows:

1.    Proposal 1: Election of Directors:

Stephen M. Bianchi, James D. Moll and Kathleen S. Skarvan were elected directors of the Company. The results of the vote were as follows:

NameVotes ForVotes WithheldBroker Non-Votes
Stephen M. Bianchi6,022,560561,375945,491
James D. Moll5,062,9921,520,943945,491
Kathleen S. Skarvan5,052,1051,531,830945,491

2.    Proposal 2: Ratification of the Appointment of the Company's Independent Registered Public Accounting Firm:

The Stockholders approved the proposal to ratify the appointment by the Company's Audit Committee of Crowe LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025. The results of the vote were as follows:

Votes ForVotes AgainstAbstentionsBroker Non-Votes
7,408,134105,69715,595

3.    Proposal 3: Advisory (non-binding) vote on the executive compensation of the Company's named executive officers:

The Stockholders approved the advisory (non-binding) proposal regarding the compensation of the Company's named executive officers as disclosed in the Proxy Statement for the Annual Meeting. The results of the vote were as follows:

Votes ForVotes AgainstAbstentionsBroker Non-Votes
6,000,132292,686291,117945,491










SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 CITIZENS COMMUNITY BANCORP, INC.
Date: June 23, 2025 By: /s/ James S. Broucek
  James S. Broucek
  Chief Financial Officer


FAQ

What was the outcome of Citizens Community Bancorp's 2025 director elections (CZWI)?

Stephen M. Bianchi received 6,022,560 votes; James D. Moll 5,062,992; Kathleen S. Skarvan 5,052,105. All were elected.

How did shareholders vote on the CZWI 2025 say-on-pay proposal?

The advisory compensation vote passed with 6,000,132 FOR versus 292,686 AGAINST and 291,117 abstentions.

Was the auditor for Citizens Community Bancorp re-appointed in 2025?

Yes. Crowe LLP was ratified with 7,408,134 FOR, 105,697 AGAINST, and 15,595 abstentions.

How many CZWI shares were eligible and represented at the 2025 AGM?

9,989,536 shares were eligible; about 70% were voted across proposals.

Did the 2025 Form 8-K disclose any new financial results for CZWI?

No. The filing was limited to shareholder voting outcomes; it contained no earnings or transaction data.
Citizens Community Bancorp

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60.78%
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