Is Citizens Bank (CZBS) Trading at an ‘Excessive Discount’ Despite Share Price Appreciation?

River Oaks Capital, an investment management company, released its fourth-quarter investor letter. A copy of the letter can be downloaded here. For the one year period, the fund returned 23.9% compared to the Russell 2000 TR’s 11.5% return and the Russell Microcap TR’s 13.7% return. In addition, please check the fund’s top five holdings to know its best picks in 2024.

In its fourth quarter 2024 investor letter, River Oaks Capital emphasized stocks such as Citizens Bancshares...