Citizens Bancshares Corporation

Citizens Bancshares Corporationverified

CITZ

Price:

$43.48

Market Cap:

$96.26M

Citizens Bancshares Corporation operates as the parent organization for The Citizens Bank, providing a comprehensive suite of community-oriented banking services and financial products. Its diverse offerings encompass checking and savings accounts, money market accounts, certificates of deposit (CDs), and individual retirement plans. Additionally, the bank supplies debit and credit cards, personal and business loans, mortgages, cash management solutions, mobile banking accessibility, and merchant services. The company was founded in 1988 and its main office is situated in Olanta, South Carolina.

Industry

Banks - Regional

IPO Date

2019-03-20

Stock Exchange

OTC

Ticker

CITZ

The Current Ratio as of June 2026 (TTM) for Citizens Bancshares Corporation (CITZ) is 0.15

According to Citizens Bancshares Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.15. This represents a change of -93.00% compared to the average of 2.16 of the last 4 quarters.

Citizens Bancshares Corporation (CITZ) Historical Current Ratio (quarterly & annually)

How has CITZ Current Ratio performed in the past?

The mean historical Current Ratio of Citizens Bancshares Corporation over the last ten years is 2.69. The current 0.15 Current Ratio has changed 461.10% with respect to the historical average. Over the past ten years (40 quarters), CITZ's Current Ratio was at its highest in in the March 2009 quarter at 275.38. The Current Ratio was at its lowest in in the September 2024 quarter at 0.

Quarterly (TTM)
Annual

Average

2.69

Median

0.43

Minimum

0.15

Maximum

10.86

Citizens Bancshares Corporation (CITZ) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Citizens Bancshares Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 8.25%

Maximum Annual Current Ratio = 10.86

Minimum Annual Increase = -96.78%

Minimum Annual Current Ratio = 0.15

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.15-16.11%
20240.181.13%
20230.18-63.16%
20220.4817.24%
20210.41-7.74%
20200.45144.63%
20190.18-96.78%
20185.68-47.70%
201710.8630.09%
20168.358.25%

Citizens Bancshares Corporation (CITZ) Average Current Ratio

How has CITZ Current Ratio performed in the past?

The current Current Ratio of Citizens Bancshares Corporation (CITZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.17

5-year avg

0.28

10-year avg

2.69

Citizens Bancshares Corporation (CITZ) Current Ratio vs. Peers

How is CITZ’s Current Ratio compared to its peers?

Citizens Bancshares Corporation’s Current Ratio is greater than Coastal Carolina Bancshares, Inc. (0), greater than Pioneer Bankcorp, Inc. (0), less than Citizens Bancshares Corporation (0.15), greater than Boyle Bancorp, Inc. (0), less than Killbuck Bancshares, Inc. (1.86), greater than Southeastern Banking Corporation (0.13), less than Farmers Bancorp (Frankfort IN) (252.29), greater than Westbury Bancorp, Inc. (0.07), less than University Bancorp, Inc. (42.36), greater than Eastern Michigan Financial Corporation (0.09),

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