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CZFS

Citizens Financial Services, Inc.

CZFS

Citizens Financial Services, Inc. • NASDAQ
$55.89 ▼ -0.32% (-0.18)
Market Cap $268.63 M
52w High $73.59
52w Low $49.99
Dividend Yield 1.98%
P/E 7.87
Volume 3.13K
Outstanding Shares 4.81M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $44.108M ▲ $16.134M ▼ $10.005M ▲ 22.683% ▲ $2.09 ▲ $11.439M ▲
Q2-2025 $42.414M ▼ $16.147M ▼ $8.463M ▲ 19.953% ▲ $1.76 ▲ $10.888M ▲
Q1-2025 $42.441M ▼ $16.428M ▼ $7.621M ▼ 17.957% ▼ $1.59 ▼ $9.825M ▼
Q4-2024 $43.132M ▲ $16.668M ▲ $7.983M ▲ 18.508% ▲ $1.66 ▲ $9.969M ▲
Q3-2024 $42.444M $16.029M $7.536M 17.755% $1.57 $9.673M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $107.652M ▼ $3.056B ▲ $2.729B ▲ $327.682M ▲
Q2-2025 $116.753M ▲ $2.967B ▼ $2.654B ▼ $313.653M ▲
Q1-2025 $85.407M ▼ $3.016B ▼ $2.708B ▼ $308.296M ▲
Q4-2024 $93.139M ▼ $3.026B ▼ $2.726B ▼ $299.734M ▲
Q3-2024 $459.773M $3.026B $2.728B $298.654M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $10.005M ▲ $2.875M ▼ $-103.543M ▼ $82.259M ▲ $-18.409M ▼ $3.955M ▼
Q2-2025 $8.463M ▲ $5.984M ▼ $70.694M ▲ $-63.98M ▼ $12.698M ▲ $5.489M ▼
Q1-2025 $7.621M ▼ $10.945M ▲ $-728K ▼ $-15.633M ▼ $-5.416M ▼ $10.36M ▲
Q4-2024 $7.983M ▲ $10.483M ▲ $-175K ▲ $-4.869M ▼ $5.439M ▲ $10.021M ▲
Q3-2024 $7.536M $6.221M $-79.041M $71.15M $-1.67M $5.595M

Revenue by Products

Product Q4-2020Q1-2021Q1-2025Q2-2025
Community Banking
Community Banking
 $0 ▲$0 ▲$40.00M ▲$40.00M ▲
Automated Teller Machine Income
Automated Teller Machine Income
 $0 ▲$0 ▲$0 ▲$0 ▲
Brokerage and Insurance
Brokerage and Insurance
 $0 ▲$0 ▲$0 ▲$0 ▲
Financial Service Other
Financial Service Other
 $0 ▲$0 ▲$0 ▲$0 ▲
Interchange Revenue
Interchange Revenue
 $0 ▲$0 ▲$0 ▲$0 ▲
Overdraft Fees
Overdraft Fees
 $0 ▲$0 ▲$0 ▲$0 ▲
Service
Service
 $0 ▲$0 ▲$0 ▲$0 ▲
Service Charges on Deposit Accounts Other
Service Charges on Deposit Accounts Other
 $0 ▲$0 ▲$0 ▲$0 ▲
Statement Fees
Statement Fees
 $0 ▲$0 ▲$0 ▲$0 ▲
Trust Fees
Trust Fees
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Citizens Financial Services shows a classic “steady regional bank” pattern. Revenue has trended upward over the past several years, and core banking profit has generally followed. Profit levels dipped in the middle of the period and then recovered, suggesting the bank managed through a tougher earnings environment and has partly restored its margins. Net income overall has been fairly stable, but earnings per share are below the peak from a few years ago, which hints that growth or acquisitions may have spread profits over more shares. In plain terms: the bank is bigger and still profitable, but each share now represents a slightly smaller slice of those profits than at its best point.

Balance Sheet

Balance Sheet The balance sheet has grown meaningfully, with total assets rising year after year. That signals an expanding loan book and customer base. Equity has also increased, which is positive for financial strength and resilience. At the same time, the bank is using more borrowed funds than it did earlier in the period, so leverage has crept up. Cash levels move around but sit at what looks like a lean, working level for a regional bank rather than a large liquidity cushion. Overall, this points to a larger, more leveraged but still well-capitalized community or regional bank profile.

Cash Flow

Cash Flow Cash flow looks consistent and aligned with reported profits, which is what you want to see. Operating cash flow has been steady, and free cash flow closely tracks it, reflecting the low capital spending needs of a bank business model. There is no obvious sign of cash flow strain in this snapshot: the bank appears to turn its accounting earnings into real cash with reasonable reliability, though the growth in cash flow is modest rather than explosive.

Competitive Edge

Competitive Edge As a regional bank, Citizens Financial Services appears to operate a straightforward, traditional model: growing its balance sheet, keeping profits relatively stable, and navigating interest rate and credit cycles without dramatic swings. This suggests a solid local or regional franchise, likely based on long-term customer relationships and community presence. However, the bank remains small compared with national players, which means it could be more exposed to local economic conditions and funding shifts. The pressure on earnings per share versus prior peaks also hints that growth is not “free” and may come with higher costs or dilution. Competitive strength seems relationship-based rather than scale- or technology-driven.

Innovation and R&D

Innovation and R&D There is no specific information provided on innovation, technology investment, or any distinctive moat research for Citizens Financial Services. For a bank of this size and type, “R&D” usually means ongoing spending on digital banking platforms, risk systems, and new financial products rather than formal research labs. In absence of detailed disclosure here, it is reasonable to assume the bank is following the standard path of a regional institution: upgrading systems and online services to keep pace with customer expectations, but not necessarily leading the industry on cutting-edge fintech. Its main defensive edge likely comes from local relationships and service, not from unique technology or intellectual property. This is an area where more detail from management would help gauge long-term differentiation.

Summary

Overall, Citizens Financial Services looks like a conservative, steadily growing regional bank. The income statement shows rising revenue and generally stable profits, though per-share earnings are below earlier highs. The balance sheet has expanded, supported by higher equity but also by greater use of borrowing, which increases leverage. Cash generation is consistent and in line with reported earnings, with little sign of strain. The bank’s competitive position appears grounded in traditional strengths: local relationships, a stable franchise, and measured growth rather than aggressive expansion. There is limited visibility into distinctive innovation or a strong technology moat, which is common for institutions of this size. In short, the historical data suggests a larger but still traditional regional bank that has managed through changing conditions with reasonable stability, but faces the usual sector risks around interest rates, credit quality, and competition from both bigger banks and digital players.

NEWS

October 30, 2025 · 8:50 AM UTC

CITIZENS FINANCIAL SERVICES, INC. REPORTS UNAUDITED THIRD QUARTER 2025 FINANCIAL RESULTS

Read more