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Citizens & Northern (CZNC) Financials

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$19.05 +0.37 (+1.98%)
Closing price 04/25/2025 04:00 PM Eastern
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$19.05 +0.00 (+0.01%)
As of 04/25/2025 05:05 PM Eastern
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Annual Income Statements for Citizens & Northern

Annual Income Statements for Citizens & Northern

This table shows Citizens & Northern's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
27 24 26
Consolidated Net Income / (Loss)
27 24 26
Net Income / (Loss) Continuing Operations
27 24 26
Total Pre-Tax Income
32 30 32
Total Revenue
108 105 108
Net Interest Income / (Expense)
83 80 79
Total Interest Income
93 114 128
Loans and Leases Interest Income
81 101 113
Investment Securities Interest Income
12 12 15
Total Interest Expense
9.52 33 49
Deposits Interest Expense
6.64 24 39
Short-Term Borrowings Interest Expense
0.43 3.24 1.17
Long-Term Debt Interest Expense
2.45 5.63 8.60
Total Non-Interest Income
24 24 29
Trust Fees by Commissions
9.29 9.09 10
Other Service Charges
14 4.61 5.23
Net Realized & Unrealized Capital Gains on Investments
0.78 -2.31 1.16
Other Non-Interest Income
0.55 13 13
Provision for Credit Losses
7.26 0.19 2.20
Total Non-Interest Expense
68 74 74
Salaries and Employee Benefits
42 44 45
Net Occupancy & Equipment Expense
12 13 13
Other Operating Expenses
14 17 16
Income Tax Expense
5.73 6.34 5.91
Basic Earnings per Share
$1.71 $1.57 $1.69
Weighted Average Basic Shares Outstanding
15.56M 15.38M 15.47M
Diluted Earnings per Share
$1.71 $1.57 $1.69
Weighted Average Diluted Shares Outstanding
15.56M 15.38M 15.47M
Weighted Average Basic & Diluted Shares Outstanding
15.56M 15.38M 15.47M

Quarterly Income Statements for Citizens & Northern

This table shows Citizens & Northern's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
4.46 7.78 6.25 6.04 7.59 4.26 5.31 6.11 6.37 8.17
Consolidated Net Income / (Loss)
4.46 7.78 6.25 6.04 7.59 4.26 5.31 6.11 6.37 8.17
Net Income / (Loss) Continuing Operations
4.46 7.78 6.25 6.04 7.59 4.26 5.31 6.11 6.37 8.17
Total Pre-Tax Income
5.31 9.55 7.66 7.46 9.44 5.92 6.46 7.48 7.81 10
Total Revenue
27 28 26 27 26 25 26 27 27 28
Net Interest Income / (Expense)
21 22 21 20 20 20 19 19 20 20
Total Interest Income
24 26 26 28 29 30 30 31 33 33
Loans and Leases Interest Income
21 23 23 25 26 27 27 28 29 29
Investment Securities Interest Income
3.12 3.28 3.14 3.09 3.04 3.17 3.09 3.24 4.38 4.58
Total Interest Expense
2.83 3.56 5.36 7.65 9.46 11 11 12 13 13
Deposits Interest Expense
1.97 2.63 3.23 5.10 7.26 8.64 8.89 9.31 10 11
Short-Term Borrowings Interest Expense
0.18 0.13 1.10 1.14 0.68 0.32 0.60 0.36 0.18 0.03
Long-Term Debt Interest Expense
0.68 0.81 1.03 1.41 1.51 1.68 1.81 2.21 2.34 2.25
Total Non-Interest Income
5.67 6.11 5.62 6.63 6.49 5.68 6.68 7.85 7.13 7.55
Trust Fees by Commissions
0.70 7.50 2.21 2.17 2.31 2.40 2.44 2.54 2.47 2.75
Other Service Charges
4.69 2.64 3.19 4.18 1.08 -3.84 3.58 1.94 3.85 -4.14
Net Realized & Unrealized Capital Gains on Investments
0.15 0.02 0.08 0.14 0.24 -2.77 0.19 0.24 0.36 0.37
Other Non-Interest Income
0.13 -4.05 0.14 0.15 2.86 9.89 0.47 3.14 0.46 8.56
Provision for Credit Losses
3.79 2.26 -0.35 0.81 -1.23 0.95 0.95 0.57 1.21 -0.53
Total Non-Interest Expense
17 17 19 19 18 18 18 19 18 18
Salaries and Employee Benefits
11 10 11 11 11 11 12 11 11 11
Net Occupancy & Equipment Expense
3.22 3.06 3.34 3.22 3.09 3.29 3.44 3.34 3.26 3.20
Other Operating Expenses
3.40 3.39 4.32 4.72 3.97 4.00 3.30 4.90 4.14 3.76
Income Tax Expense
0.86 1.77 1.41 1.42 1.85 1.66 1.15 1.37 1.45 1.95
Basic Earnings per Share
$0.29 $0.50 $0.40 $0.39 $0.50 $0.28 $0.35 $0.40 $0.41 $0.53
Weighted Average Basic Shares Outstanding
15.50M 15.56M 15.36M 15.26M 15.27M 15.38M 15.38M 15.39M 15.41M 15.47M
Diluted Earnings per Share
$0.29 $0.50 $0.40 $0.39 $0.50 $0.28 $0.35 $0.40 $0.41 $0.53
Weighted Average Diluted Shares Outstanding
15.50M 15.56M 15.36M 15.26M 15.27M 15.38M 15.38M 15.39M 15.41M 15.47M
Weighted Average Basic & Diluted Shares Outstanding
15.50M 15.56M 15.36M 15.26M 15.27M 15.38M 15.38M 15.39M 15.41M 15.47M

Annual Cash Flow Statements for Citizens & Northern

This table details how cash moves in and out of Citizens & Northern's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Net Change in Cash & Equivalents
-48 5.08 71
Net Cash From Operating Activities
35 34 33
Net Cash From Continuing Operating Activities
35 34 33
Net Income / (Loss) Continuing Operations
27 24 26
Consolidated Net Income / (Loss)
27 24 26
Provision For Loan Losses
7.26 0.19 2.20
Depreciation Expense
2.39 2.15 2.18
Amortization Expense
1.58 1.77 1.65
Non-Cash Adjustments to Reconcile Net Income
0.88 2.53 -3.92
Changes in Operating Assets and Liabilities, net
-4.12 2.76 4.98
Net Cash From Investing Activities
-235 -53 -21
Net Cash From Continuing Investing Activities
-235 -53 -21
Purchase of Property, Leasehold Improvements and Equipment
-3.29 -2.27 -1.91
Purchase of Investment Securities
-308 -191 -81
Sale and/or Maturity of Investments
65 117 55
Other Investing Activities, net
12 23 7.01
Net Cash From Financing Activities
152 25 59
Net Cash From Continuing Financing Activities
152 25 59
Net Change in Deposits
73 17 79
Issuance of Debt
50 39 59
Issuance of Common Equity
0.16 0.00 0.00
Repayment of Debt
54 -9.40 -64
Repurchase of Common Equity
-9.35 -6.78 -0.63
Payment of Dividends
-16 -16 -16

Quarterly Cash Flow Statements for Citizens & Northern

This table details how cash moves in and out of Citizens & Northern's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
-4.89 -7.75 -1.59 0.05 2.15 4.47 -10 54 85 -58
Net Cash From Operating Activities
13 8.06 9.55 7.79 8.46 7.75 5.73 8.63 6.60 12
Net Cash From Continuing Operating Activities
13 8.06 9.55 7.79 8.46 7.75 5.73 8.63 6.60 12
Net Income / (Loss) Continuing Operations
4.46 7.78 6.25 6.04 7.59 4.26 5.31 6.11 6.37 8.17
Consolidated Net Income / (Loss)
4.46 7.78 6.25 6.04 7.59 4.26 5.31 6.11 6.37 8.17
Provision For Loan Losses
3.79 2.26 -0.35 0.81 -1.23 0.95 0.95 0.57 1.21 -0.53
Depreciation Expense
0.77 0.61 0.57 0.53 0.53 0.52 0.51 0.55 0.58 0.55
Amortization Expense
0.49 0.42 0.53 0.35 0.48 0.42 0.43 0.43 0.41 0.38
Non-Cash Adjustments to Reconcile Net Income
1.80 -0.81 0.42 0.25 -0.39 2.25 0.09 -1.64 -3.04 0.67
Changes in Operating Assets and Liabilities, net
1.22 -2.21 2.13 -0.19 1.47 -0.65 -1.56 2.63 1.08 2.83
Net Cash From Investing Activities
-20 -54 27 -48 -19 -13 -19 -18 22 -5.92
Net Cash From Continuing Investing Activities
-20 -54 27 -48 -19 -13 -19 -18 22 -5.92
Purchase of Property, Leasehold Improvements and Equipment
-0.83 -0.30 -0.28 -0.28 -0.83 -0.88 -0.74 -0.66 -0.15 -0.35
Purchase of Investment Securities
-50 -65 -12 -77 -15 -86 -28 -32 -4.40 -17
Sale and/or Maturity of Investments
25 9.96 35 20 11 51 7.48 11 26 11
Other Investing Activities, net
6.00 0.84 3.63 9.34 -13 23 2.70 2.54 0.75 1.02
Net Cash From Financing Activities
2.29 39 -38 40 13 9.57 2.46 64 56 -64
Net Cash From Continuing Financing Activities
2.29 39 -38 40 13 9.57 2.46 64 56 -64
Net Change in Deposits
75 -42 -82 94 15 -10 -19 63 77 -42
Repayment of Debt
-0.03 74 6.31 -62 -8.20 54 -6.03 -23 -16 -18
Repurchase of Common Equity
-0.27 - -1.87 -4.64 -0.22 -0.07 -0.21 -0.38 -0.06 0.03
Payment of Dividends
-3.94 -3.94 -3.95 -3.90 -3.85 -3.87 -3.88 -3.88 -3.88 -3.89

Annual Balance Sheets for Citizens & Northern

This table presents Citizens & Northern's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Total Assets
2,454 2,516 2,611
Cash and Due from Banks
26 25 21
Interest Bearing Deposits at Other Banks
29 32 105
Trading Account Securities
498 416 402
Loans and Leases, Net of Allowance
1,723 1,829 1,876
Loans and Leases
1,740 1,848 1,896
Allowance for Loan and Lease Losses
17 19 20
Accrued Investment Income
8.65 9.14 8.74
Premises and Equipment, Net
22 22 21
Goodwill
53 53 53
Intangible Assets
2.88 2.47 2.08
Other Assets
92 128 122
Total Liabilities & Shareholders' Equity
2,454 2,516 2,611
Total Liabilities
2,205 2,253 2,335
Non-Interest Bearing Deposits
564 491 487
Interest Bearing Deposits
1,434 1,524 1,607
Short-Term Debt
80 34 2.49
Long-Term Debt
102 178 205
Other Long-Term Liabilities
26 27 34
Total Equity & Noncontrolling Interests
249 262 275
Total Preferred & Common Equity
249 262 275
Preferred Stock
0.00 0.00 0.00
Total Common Equity
249 262 275
Common Stock
160 160 160
Retained Earnings
152 157 166
Treasury Stock
-13 -17 -13
Accumulated Other Comprehensive Income / (Loss)
-50 -38 -37

Quarterly Balance Sheets for Citizens & Northern

This table presents Citizens & Northern's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
2,400 2,430 2,471 2,484 2,522 2,593 2,671
Cash and Due from Banks
31 23 25 26 18 27 26
Interest Bearing Deposits at Other Banks
33 29 27 27 28 74 159
Trading Account Securities
488 473 446 429 405 401 408
Loans and Leases, Net of Allowance
1,674 1,727 1,795 1,813 1,852 1,873 1,872
Loans and Leases
1,690 1,745 1,815 1,831 1,872 1,893 1,893
Allowance for Loan and Lease Losses
16 18 19 18 20 20 20
Accrued Investment Income
8.43 8.81 8.44 9.31 9.47 9.17 9.42
Premises and Equipment, Net
22 21 21 21 22 22 22
Goodwill
53 53 53 53 53 53 53
Intangible Assets
2.99 2.78 2.67 2.57 2.37 2.27 2.18
Other Assets
88 1,819 93 104 131 133 120
Total Liabilities & Shareholders' Equity
2,400 2,430 2,471 2,484 2,522 2,593 2,671
Total Liabilities
2,161 2,174 2,223 2,244 2,260 2,330 2,394
Non-Interest Bearing Deposits
558 545 510 496 494 502 513
Interest Bearing Deposits
1,482 1,371 1,500 1,529 1,502 1,558 1,623
Short-Term Debt
2.46 93 31 23 49 17 11
Long-Term Debt
95 138 155 165 188 225 214
Other Long-Term Liabilities
25 27 26 31 27 28 32
Total Equity & Noncontrolling Interests
239 256 248 240 262 263 277
Total Preferred & Common Equity
239 256 248 240 262 263 277
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
239 256 248 240 262 263 277
Common Stock
160 159 160 160 159 159 159
Retained Earnings
148 152 154 157 158 160 162
Treasury Stock
-13 -13 -17 -17 -15 -15 -14
Accumulated Other Comprehensive Income / (Loss)
-56 -43 -48 -60 -41 -41 -30

Annual Metrics and Ratios for Citizens & Northern

This table displays calculated financial ratios and metrics derived from Citizens & Northern's official financial filings.

Metric 2022 2023 2024
Growth Metrics
- - -
Revenue Growth
3.60% -2.55% 3.35%
EBITDA Growth
-13.57% -5.26% 3.75%
EBIT Growth
-14.16% -5.77% 4.55%
NOPAT Growth
-12.88% -9.28% 7.50%
Net Income Growth
-12.88% -9.28% 7.50%
EPS Growth
-10.94% -8.19% 7.64%
Operating Cash Flow Growth
-0.70% -3.04% -1.53%
Free Cash Flow Firm Growth
-160.02% 26.02% 190.78%
Invested Capital Growth
13.76% 9.98% 1.86%
Revenue Q/Q Growth
2.16% -2.90% 2.60%
EBITDA Q/Q Growth
1.17% -12.48% 12.28%
EBIT Q/Q Growth
1.78% -10.64% 15.17%
NOPAT Q/Q Growth
1.80% -12.72% 17.75%
Net Income Q/Q Growth
1.80% -12.72% 17.75%
EPS Q/Q Growth
2.40% -12.29% 17.36%
Operating Cash Flow Q/Q Growth
-4.55% -0.92% 15.08%
Free Cash Flow Firm Q/Q Growth
-132.84% 70.73% 132.50%
Invested Capital Q/Q Growth
28.29% 10.72% -3.99%
Profitability Metrics
- - -
EBITDA Margin
33.77% 32.83% 32.96%
EBIT Margin
30.08% 29.08% 29.42%
Profit (Net Income) Margin
24.75% 23.04% 23.96%
Tax Burden Percent
82.28% 79.22% 81.45%
Interest Burden Percent
100.00% 100.00% 100.00%
Effective Tax Rate
17.72% 20.78% 18.55%
Return on Invested Capital (ROIC)
6.57% 5.34% 5.42%
ROIC Less NNEP Spread (ROIC-NNEP)
6.57% 5.34% 5.42%
Return on Net Nonoperating Assets (RNNOA)
3.09% 4.10% 4.23%
Return on Equity (ROE)
9.67% 9.44% 9.66%
Cash Return on Invested Capital (CROIC)
-6.30% -4.17% 3.58%
Operating Return on Assets (OROA)
1.35% 1.23% 1.24%
Return on Assets (ROA)
1.11% 0.97% 1.01%
Return on Common Equity (ROCE)
9.67% 9.44% 9.66%
Return on Equity Simple (ROE_SIMPLE)
10.68% 9.20% 9.43%
Net Operating Profit after Tax (NOPAT)
27 24 26
NOPAT Margin
24.75% 23.04% 23.96%
Net Nonoperating Expense Percent (NNEP)
0.00% 0.00% 0.00%
SG&A Expenses to Revenue
50.36% 54.51% 53.70%
Operating Expenses to Revenue
63.18% 70.74% 68.55%
Earnings before Interest and Taxes (EBIT)
32 30 32
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
36 34 36
Valuation Ratios
- - -
Price to Book Value (P/BV)
1.25 1.22 1.03
Price to Tangible Book Value (P/TBV)
1.61 1.54 1.28
Price to Revenue (P/Rev)
2.91 3.05 2.61
Price to Earnings (P/E)
11.74 13.23 10.90
Dividend Yield
5.55% 5.36% 6.10%
Earnings Yield
8.51% 7.56% 9.17%
Enterprise Value to Invested Capital (EV/IC)
1.02 1.00 0.75
Enterprise Value to Revenue (EV/Rev)
4.08 4.52 3.36
Enterprise Value to EBITDA (EV/EBITDA)
12.10 13.78 10.21
Enterprise Value to EBIT (EV/EBIT)
13.58 15.56 11.43
Enterprise Value to NOPAT (EV/NOPAT)
16.51 19.64 14.04
Enterprise Value to Operating Cash Flow (EV/OCF)
12.70 14.14 11.03
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 21.26
Leverage & Solvency
- - -
Debt to Equity
0.73 0.81 0.75
Long-Term Debt to Equity
0.41 0.68 0.75
Financial Leverage
0.47 0.77 0.78
Leverage Ratio
8.68 9.71 9.53
Compound Leverage Factor
8.68 9.71 9.53
Debt to Total Capital
42.17% 44.66% 43.00%
Short-Term Debt to Total Capital
18.57% 7.14% 0.52%
Long-Term Debt to Total Capital
23.59% 37.52% 42.48%
Preferred Equity to Total Capital
0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00%
Common Equity to Total Capital
57.83% 55.34% 57.00%
Debt to EBITDA
5.01 6.15 5.82
Net Debt to EBITDA
3.49 4.50 2.28
Long-Term Debt to EBITDA
2.80 5.17 5.75
Debt to NOPAT
6.83 8.77 8.00
Net Debt to NOPAT
4.76 6.41 3.14
Long-Term Debt to NOPAT
3.82 7.37 7.90
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00%
Liquidity Ratios
- - -
Cash Flow Metrics
- - -
Free Cash Flow to Firm (FCFF)
-26 -19 17
Operating Cash Flow to CapEx
1,052.28% 1,481.15% 1,733.21%
Free Cash Flow to Firm to Interest Expense
-2.68 -0.57 0.35
Operating Cash Flow to Interest Expense
3.63 1.01 0.67
Operating Cash Flow Less CapEx to Interest Expense
3.29 0.95 0.64
Efficiency Ratios
- - -
Asset Turnover
0.05 0.04 0.04
Fixed Asset Turnover
5.09 4.85 5.04
Capital & Investment Metrics
- - -
Invested Capital
431 474 483
Invested Capital Turnover
0.27 0.23 0.23
Increase / (Decrease) in Invested Capital
52 43 8.81
Enterprise Value (EV)
439 474 364
Market Capitalization
313 319 283
Book Value per Share
$16.09 $17.18 $17.86
Tangible Book Value per Share
$12.51 $13.58 $14.32
Total Capital
431 474 483
Total Debt
182 212 208
Total Long-Term Debt
102 178 205
Net Debt
127 155 81
Capital Expenditures (CapEx)
3.29 2.27 1.91
Net Nonoperating Expense (NNE)
0.00 0.00 0.00
Net Nonoperating Obligations (NNO)
182 212 208
Total Depreciation and Amortization (D&A)
3.97 3.93 3.83
Earnings Adjustments
- - -
Adjusted Basic Earnings per Share
$1.71 $1.57 $1.69
Adjusted Weighted Average Basic Shares Outstanding
15.56M 15.38M 15.47M
Adjusted Diluted Earnings per Share
$1.71 $1.57 $1.69
Adjusted Weighted Average Diluted Shares Outstanding
15.56M 15.38M 15.47M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
15.56M 15.38M 15.47M
Normalized Net Operating Profit after Tax (NOPAT)
27 24 26
Normalized NOPAT Margin
24.75% 23.04% 23.96%
Pre Tax Income Margin
30.08% 29.08% 29.42%
Debt Service Ratios
- - -
EBIT to Interest Expense
3.40 0.92 0.65
NOPAT to Interest Expense
2.80 0.73 0.53
EBIT Less CapEx to Interest Expense
3.05 0.85 0.61
NOPAT Less CapEx to Interest Expense
2.45 0.66 0.49
Payout Ratios
- - -
Dividend Payout Ratio
59.60% 64.47% 59.83%
Augmented Payout Ratio
94.73% 92.57% 62.25%

Quarterly Metrics and Ratios for Citizens & Northern

This table displays calculated financial ratios and metrics derived from Citizens & Northern's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
2.74% 8.69% 0.93% 2.05% -1.50% -11.02% -2.58% 1.12% 4.35% 10.87%
EBITDA Growth
-42.45% 4.13% -8.72% -12.75% 58.97% -35.22% -15.53% 1.27% -15.76% 61.14%
EBIT Growth
-40.74% 6.31% -8.55% -18.06% 77.62% -38.00% -15.71% 0.23% -17.21% 70.91%
NOPAT Growth
-39.79% 6.45% -9.31% -19.31% 70.39% -45.22% -15.14% 1.16% -16.15% 91.83%
Net Income Growth
-39.79% 6.45% -9.31% -19.31% 70.39% -45.22% -15.14% 1.16% -16.15% 91.83%
EPS Growth
-38.30% 8.70% -9.09% -18.75% 72.41% -44.00% -12.50% 2.56% -18.00% 89.29%
Operating Cash Flow Growth
28.79% -17.00% 69.07% -6.87% -32.47% -3.86% -40.00% 10.76% -21.99% 55.87%
Free Cash Flow Firm Growth
-26.56% -330.04% -463.74% 81.66% -250.96% 12.61% 95.13% -1,762.97% 19.12% 98.35%
Invested Capital Growth
-13.31% 13.76% 40.41% 2.24% 27.44% 9.98% 2.43% 16.38% 17.47% 1.86%
Revenue Q/Q Growth
0.36% 6.97% -7.06% 2.27% -3.13% -3.36% 1.76% 6.16% -0.04% 2.68%
EBITDA Q/Q Growth
-31.32% 61.08% -25.52% -4.75% 25.14% -34.35% 6.55% 14.20% 4.09% 25.57%
EBIT Q/Q Growth
-41.66% 79.79% -19.79% -2.61% 26.47% -37.25% 9.05% 15.81% 4.47% 29.54%
NOPAT Q/Q Growth
-40.51% 74.61% -19.62% -3.36% 25.62% -43.87% 24.52% 15.21% 4.12% 28.42%
Net Income Q/Q Growth
-40.51% 74.61% -19.62% -3.36% 25.62% -43.87% 24.52% 15.21% 4.12% 28.42%
EPS Q/Q Growth
-39.58% 72.41% -20.00% -2.50% 28.21% -44.00% 25.00% 14.29% 2.50% 29.27%
Operating Cash Flow Q/Q Growth
49.65% -35.66% 18.50% -18.38% 8.52% -8.41% -26.05% 50.69% -23.57% 83.01%
Free Cash Flow Firm Q/Q Growth
394.53% -179.16% -201.88% 97.40% -2,324.99% 54.17% 83.19% -897.22% -5.28% 99.07%
Invested Capital Q/Q Growth
-20.88% 28.29% 12.98% -10.84% -1.39% 10.72% 5.22% 1.30% -0.47% -3.99%
Profitability Metrics
- - - - - - - - - -
EBITDA Margin
24.75% 37.26% 33.19% 30.92% 39.94% 27.13% 28.78% 30.96% 32.24% 39.43%
EBIT Margin
20.01% 33.63% 29.03% 27.64% 36.09% 23.43% 25.11% 27.40% 28.63% 36.12%
Profit (Net Income) Margin
16.78% 27.39% 23.69% 22.38% 29.03% 16.86% 20.63% 22.39% 23.32% 29.17%
Tax Burden Percent
83.85% 81.44% 81.61% 80.98% 80.44% 71.95% 82.16% 81.74% 81.47% 80.76%
Interest Burden Percent
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate
16.15% 18.56% 18.39% 19.02% 19.56% 28.05% 17.84% 18.26% 18.53% 19.24%
Return on Invested Capital (ROIC)
4.88% 7.27% 6.12% 5.65% 8.20% 3.90% 4.36% 4.98% 5.29% 6.60%
ROIC Less NNEP Spread (ROIC-NNEP)
4.88% 7.27% 6.12% 5.65% 8.20% 3.90% 4.36% 4.98% 5.29% 6.60%
Return on Net Nonoperating Assets (RNNOA)
1.68% 3.43% 3.48% 3.93% 4.88% 3.00% 3.95% 4.17% 4.23% 5.15%
Return on Equity (ROE)
6.57% 10.70% 9.60% 9.57% 13.08% 6.91% 8.31% 9.15% 9.52% 11.75%
Cash Return on Invested Capital (CROIC)
21.48% -6.30% -27.39% 3.49% -16.89% -4.17% 2.31% -10.18% -11.33% 3.58%
Operating Return on Assets (OROA)
0.89% 1.51% 1.31% 1.23% 1.60% 0.99% 1.06% 1.13% 1.17% 1.53%
Return on Assets (ROA)
0.74% 1.23% 1.07% 0.99% 1.28% 0.71% 0.87% 0.92% 0.96% 1.23%
Return on Common Equity (ROCE)
6.57% 10.70% 9.60% 9.57% 13.08% 6.91% 8.31% 9.15% 9.52% 11.75%
Return on Equity Simple (ROE_SIMPLE)
10.95% 0.00% 10.16% 9.89% 11.52% 0.00% 8.87% 8.84% 7.95% 0.00%
Net Operating Profit after Tax (NOPAT)
4.46 7.78 6.25 6.04 7.59 4.26 5.31 6.11 6.37 8.17
NOPAT Margin
16.78% 27.39% 23.69% 22.38% 29.03% 16.86% 20.63% 22.39% 23.32% 29.17%
Net Nonoperating Expense Percent (NNEP)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
52.89% 46.46% 55.93% 51.86% 53.41% 56.98% 58.35% 52.60% 51.79% 52.37%
Operating Expenses to Revenue
65.70% 58.40% 72.31% 69.35% 68.60% 72.80% 71.18% 70.53% 66.95% 65.77%
Earnings before Interest and Taxes (EBIT)
5.31 9.55 7.66 7.46 9.44 5.92 6.46 7.48 7.81 10
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
6.57 11 8.76 8.35 10 6.86 7.40 8.45 8.80 11
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
0.00 1.25 1.21 1.11 1.04 1.22 1.09 1.03 1.08 1.03
Price to Tangible Book Value (P/TBV)
0.00 1.61 1.55 1.43 1.35 1.54 1.37 1.30 1.34 1.28
Price to Revenue (P/Rev)
0.00 2.91 2.87 2.55 2.31 3.05 2.73 2.60 2.83 2.61
Price to Earnings (P/E)
0.01 11.74 11.92 11.26 9.00 13.23 12.25 11.67 13.55 10.90
Dividend Yield
5.02% 5.55% 5.63% 6.23% 6.86% 5.36% 6.06% 6.34% 5.77% 6.10%
Earnings Yield
7,558.42% 8.51% 8.39% 8.88% 11.11% 7.56% 8.16% 8.57% 7.38% 9.17%
Enterprise Value to Invested Capital (EV/IC)
0.10 1.02 1.00 0.95 0.90 1.00 0.95 0.82 0.68 0.75
Enterprise Value to Revenue (EV/Rev)
0.32 4.08 4.54 3.79 3.56 4.52 4.56 3.96 3.22 3.36
Enterprise Value to EBITDA (EV/EBITDA)
0.93 12.10 13.34 11.59 9.78 13.78 14.25 12.36 10.70 10.21
Enterprise Value to EBIT (EV/EBIT)
1.06 13.58 15.45 13.69 11.27 15.56 16.23 14.11 12.29 11.43
Enterprise Value to NOPAT (EV/NOPAT)
1.28 16.51 18.82 16.74 13.90 19.64 20.48 17.76 15.43 14.04
Enterprise Value to Operating Cash Flow (EV/OCF)
0.93 12.70 12.70 10.83 11.35 14.14 15.98 13.52 11.85 11.03
Enterprise Value to Free Cash Flow (EV/FCFF)
0.43 0.00 0.00 27.38 0.00 0.00 41.76 0.00 0.00 21.26
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.41 0.73 0.91 0.75 0.78 0.81 0.91 0.92 0.81 0.75
Long-Term Debt to Equity
0.40 0.41 0.54 0.62 0.69 0.68 0.72 0.86 0.77 0.75
Financial Leverage
0.34 0.47 0.57 0.70 0.60 0.77 0.91 0.84 0.80 0.78
Leverage Ratio
8.84 8.68 8.95 9.63 10.20 9.71 9.57 9.90 9.96 9.53
Compound Leverage Factor
8.84 8.68 8.95 9.63 10.20 9.71 9.57 9.90 9.96 9.53
Debt to Total Capital
28.94% 42.17% 47.53% 42.87% 43.91% 44.66% 47.55% 47.92% 44.87% 43.00%
Short-Term Debt to Total Capital
0.73% 18.57% 19.17% 7.24% 5.43% 7.14% 9.79% 3.34% 2.27% 0.52%
Long-Term Debt to Total Capital
28.21% 23.59% 28.36% 35.63% 38.48% 37.52% 37.77% 44.58% 42.60% 42.48%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
71.06% 57.83% 52.47% 57.13% 56.09% 55.34% 52.45% 52.08% 55.13% 57.00%
Debt to EBITDA
2.71 5.01 6.31 5.25 4.78 6.15 7.12 7.24 7.10 5.82
Net Debt to EBITDA
0.93 3.49 4.89 3.79 3.44 4.50 5.72 4.24 1.31 2.28
Long-Term Debt to EBITDA
2.64 2.80 3.77 4.37 4.19 5.17 5.65 6.74 6.74 5.75
Debt to NOPAT
3.72 6.83 8.91 7.59 6.80 8.77 10.23 10.41 10.24 8.00
Net Debt to NOPAT
1.27 4.76 6.90 5.48 4.89 6.41 8.22 6.09 1.88 3.14
Long-Term Debt to NOPAT
3.63 3.82 5.32 6.31 5.96 7.37 8.12 9.68 9.72 7.90
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
56 -44 -134 -3.49 -85 -39 -6.52 -65 -68 -0.64
Operating Cash Flow to CapEx
1,518.06% 2,668.21% 3,459.78% 2,834.18% 1,019.04% 876.36% 770.03% 1,308.03% 4,398.67% 3,430.40%
Free Cash Flow to Firm to Interest Expense
19.80 -12.45 -25.00 -0.46 -8.95 -3.64 -0.58 -5.47 -5.29 -0.05
Operating Cash Flow to Interest Expense
4.42 2.26 1.78 1.02 0.89 0.73 0.51 0.73 0.51 0.94
Operating Cash Flow Less CapEx to Interest Expense
4.13 2.18 1.73 0.98 0.81 0.64 0.44 0.67 0.50 0.91
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.04 0.05 0.05 0.04 0.04 0.04 0.04 0.04 0.04 0.04
Fixed Asset Turnover
4.97 5.09 5.08 5.06 5.00 4.85 4.83 4.86 4.93 5.04
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
336 431 487 434 428 474 499 505 503 483
Invested Capital Turnover
0.29 0.27 0.26 0.25 0.28 0.23 0.21 0.22 0.23 0.23
Increase / (Decrease) in Invested Capital
-52 52 140 9.53 92 43 12 71 75 8.81
Enterprise Value (EV)
34 439 489 411 384 474 475 413 340 364
Market Capitalization
0.35 313 310 276 249 319 284 272 299 283
Book Value per Share
$15,412.70 $16.09 $16.42 $16.15 $15.74 $17.18 $17.01 $17.12 $18.02 $17.86
Tangible Book Value per Share
$11,830.96 $12.51 $12.87 $12.56 $12.13 $13.58 $13.45 $13.56 $14.46 $14.32
Total Capital
336 431 487 434 428 474 499 505 503 483
Total Debt
97 182 232 186 188 212 237 242 226 208
Total Long-Term Debt
95 102 138 155 165 178 188 225 214 205
Net Debt
33 127 179 134 135 155 191 142 42 81
Capital Expenditures (CapEx)
0.83 0.30 0.28 0.28 0.83 0.88 0.74 0.66 0.15 0.35
Net Nonoperating Expense (NNE)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)
97 182 232 186 188 212 237 242 226 208
Total Depreciation and Amortization (D&A)
1.26 1.03 1.10 0.88 1.01 0.93 0.94 0.97 0.99 0.93
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.29 $0.50 $0.40 $0.39 $0.50 $0.28 $0.35 $0.40 $0.41 $0.53
Adjusted Weighted Average Basic Shares Outstanding
15.50M 15.56M 15.36M 15.26M 15.27M 15.38M 15.38M 15.39M 15.41M 15.47M
Adjusted Diluted Earnings per Share
$0.29 $0.50 $0.40 $0.39 $0.50 $0.28 $0.35 $0.40 $0.41 $0.53
Adjusted Weighted Average Diluted Shares Outstanding
15.50M 15.56M 15.36M 15.26M 15.27M 15.38M 15.38M 15.39M 15.41M 15.47M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
15.50M 15.56M 15.36M 15.26M 15.27M 15.38M 15.38M 15.39M 15.41M 15.47M
Normalized Net Operating Profit after Tax (NOPAT)
4.46 7.78 6.25 6.04 7.59 4.26 5.31 6.11 6.37 8.17
Normalized NOPAT Margin
16.78% 27.39% 23.69% 22.38% 29.03% 16.86% 20.63% 22.39% 23.32% 29.17%
Pre Tax Income Margin
20.01% 33.63% 29.03% 27.64% 36.09% 23.43% 25.11% 27.40% 28.63% 36.12%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
1.88 2.68 1.43 0.98 1.00 0.56 0.57 0.63 0.60 0.79
NOPAT to Interest Expense
1.57 2.18 1.17 0.79 0.80 0.40 0.47 0.51 0.49 0.64
EBIT Less CapEx to Interest Expense
1.59 2.60 1.38 0.94 0.91 0.47 0.51 0.57 0.59 0.76
NOPAT Less CapEx to Interest Expense
1.28 2.10 1.12 0.75 0.72 0.32 0.40 0.46 0.48 0.61
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
60.88% 59.60% 60.82% 64.14% 56.56% 64.47% 66.78% 66.49% 70.32% 59.83%
Augmented Payout Ratio
97.30% 94.73% 90.98% 91.73% 80.84% 92.57% 88.90% 70.27% 73.59% 62.25%

Frequently Asked Questions About Citizens & Northern's Financials

When does Citizens & Northern's financial year end?

According to the most recent income statement we have on file, Citizens & Northern's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Citizens & Northern's net income changed over the last 2 years?
Below is a breakdown of Citizens & Northern's net income over the past 5 years:
  • 2022: $26.62 million
  • 2023: $24.15 million
  • 2024: $25.96 million
How has Citizens & Northern revenue changed over the last 2 years?

Over the last 2 years, Citizens & Northern's total revenue changed from $107.56 million in 2022 to $108.32 million in 2024, a change of 0.7%.

How much debt does Citizens & Northern have?

Citizens & Northern's total liabilities were at $2.34 billion at the end of 2024, a 3.6% increase from 2023, and a 5.9% increase since 2022.

How much cash does Citizens & Northern have?

In the past 2 years, Citizens & Northern's cash and equivalents has ranged from $21.11 million in 2024 to $25.81 million in 2022, and is currently $21.11 million as of their latest financial filing in 2024.

How has Citizens & Northern's book value per share changed over the last 2 years?

Over the last 2 years, Citizens & Northern's book value per share changed from 16.09 in 2022 to 17.86 in 2024, a change of 11.0%.



This page (NASDAQ:CZNC) was last updated on 4/26/2025 by MarketBeat.com Staff
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