Citizens Financial Services Inc (CZFS) |
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Price: $42.0000
$0.56
1.351%
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Day's High:
| $42.66
| Week Perf:
| -4.5 %
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Day's Low: |
$ 40.72 |
30 Day Perf: |
-14.43 % |
Volume (M): |
29 |
52 Wk High: |
$ 92.04 |
Volume (M$): |
$ 1,210 |
52 Wk Avg: |
$63.89 |
Open: |
$40.72 |
52 Wk Low: |
$40.72 |
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Market Capitalization (Millions $) |
184 |
Shares
Outstanding (Millions) |
4 |
Employees |
229 |
Revenues (TTM) (Millions $) |
86 |
Net Income (TTM) (Millions $) |
18 |
Cash Flow (TTM) (Millions $) |
27 |
Capital Exp. (TTM) (Millions $) |
3 |
Citizens Financial Services Inc
Citizens Financial Services, Inc., a Pennsylvania corporation, was incorporated
on April 30, 1984 to be the holding company for First Citizens Community Bank
(the “Bank”), which until 2012, and in connection with its conversion
from a national bank to a Pennsylvania-chartered bank and trust company, operated
under the name First Citizens National Bank. The Company is primarily engaged
in the ownership and management of the Bank and the Bank’s wholly-owned
insurance agency subsidiary, First Citizens Insurance Agency, Inc. On December
11, 2015, the Company completed the acquisition of The First National Bank of
Fredericksburg (“FNB”) by merging FNB into the Bank, with the Bank
as the resulting institution.
The Bank is a full-service bank engaged in a broad range of banking activities
and services for individual, business, governmental and institutional customers.
These activities and services principally include checking, savings, and time
deposit accounts; residential, commercial and agricultural real estate, commercial
and industrial, state and political subdivision and consumer loans; and a variety
of other specialized financial services. The Trust and Investment division of
the Bank offers a full range of client investment, estate, mineral management
and retirement services.
The Bank’s main office is located at 15 South Main Street, Mansfield,
(Tioga County) Pennsylvania. The Bank’s primary market area consists of
the Pennsylvania Counties of Bradford, Clinton, Potter and Tioga in north central
Pennsylvania. It also includes Allegany, Steuben, Chemung and Tioga Counties
in Southern New York. With the completion of the FNB acquisition, the Bank has
added seven additional banking offices in south central Pennsylvania; four offices
in Lebanon Country, two offices in Schuylkill County, and one office in Berks
County. The economy of the Bank’s market areas are diversified and include
manufacturing industries, wholesale and retail trade, service industries, agricultural
and the production of natural resources of gas and timber. We are dependent
geographically upon the economic conditions in both north central and south
central Pennsylvania, as well as the southern tier of New York. In addition
to the main office in Mansfield and the additional seven offices acquired from
FNB, the Bank has 16 other full service branch offices in its market areas.
Company Address: 15 South Main Street Mansfield 16933 PA
Company Phone Number: 662-2121 Stock Exchange / Ticker: NASDAQ CZFS
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Customers Net Income fell by |
CZFS's Customers Net Profit Margin fell to |
-4.36 % |
11.29 %
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Stock Performances by Major Competitors |
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Citizens Financial Services Inc
Citizens Financial Services Inc, a regional bank, has experienced a significant decline in its shares over the past year. The company's shares have dropped by 45.53% compared to a year ago, and they currently trade only 6.3% above their 52-week low. One factor contributing to this decline is the deterioration of the company's bottom-line. During the fourth quarter of the 2023 earnings season, Citizens Financial Services Inc saw a decrease of 29.86% in net profit per share, which dropped to $1.38 per share. This decline occurred despite a respectable increase of 17.77% in revenue, which amounted to $25.14 million.
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Citizens Financial Services Inc
Citizens Financial Services Inc recently released its financial results for the third quarter of 2023, showcasing a mix of positive and negative trends. While the company experienced a decline in net profit per share compared to the previous year, it witnessed significant growth in revenue. This article aims to interpret the financial results and discuss their potential implications for the company in the future. Revenue Growth Outshines Declining Net Profit In the July to September 2023 period, Citizens Financial Services Inc recorded a net profit per share of $1.61, a decrease from $1.90 earned in the corresponding period the previous year. However, the company's revenue surged by an impressive 22.957%, reflecting a robust performance in the market. This growth in revenue indicates that despite declining profitability, Citizens Financial Services Inc is successfully generating increased sales and expanding its market presence.
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Citizens Financial Services Inc
As an avid investor and a keen observer of the financial sector, I have closely analyzed the recent financial results of Citizens Financial Services Inc (CZFS) and its impact on the market. The data reveals a concerning trend for the company and raises questions about its future performance. For the period from April to June 30, 2023, CZFS experienced a significant increase in its loss per share, which rose to -$1.01 from $1.74 a year ago. This decline can be primarily attributed to a decline in revenue, which dropped by -21.626% to $15.35 million from $19.58 million the previous year.
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Citizens Financial Services Inc
Citizens Financial Services Inc is a financial institution that offers various banking and financial services to individuals and businesses. The institution has been in operation for several years and has established a reputation as a reliable and trustworthy financial partner. In recent years, Citizens Financial Services Inc has been facing stiff competition from other players in the financial industry, and as a result, has had to find innovative ways to stay ahead of the curve. In the first quarter of 2023, Citizens Financial Services Inc recorded a revenue increase of 4.5% year on year, amounting to a cumulative value of $81 million. While the growth in revenue is commendable, what is particularly noteworthy is the company's revenue per employee figure, which grew on a trailing twelve-month basis to $355,463, marking a new company high. However, among the company's peers within the financial sector, employees of 385 other companies have achieved higher revenue per employee.
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Per Share |
Current |
Earnings (TTM) |
3.71 $ |
Revenues (TTM) |
19.68 $
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Cash Flow (TTM) |
6.07 $ |
Cash |
0.44 $
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Book Value |
63.75 $
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Dividend (TTM) |
1.94 $ |
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Per Share |
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Earnings (TTM) |
3.71 $
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Revenues (TTM) |
19.68 $ |
Cash Flow (TTM) |
6.07 $ |
Cash |
0.44 $
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Book Value |
63.75 $ |
Dividend (TTM) |
1.94 $ |
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Company Estimates |
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• Revenue Outlook
Citizens Financial Services Inc does not provide revenue guidance.
• Earnings Outlook
Citizens Financial Services Inc does not provide earnings estimates.
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